ArabPlast 2023 to be held from Dec 13 -15, 2023
General

ArabPlast 2023 to be held from Dec 13 -15, 2023

The present changing dynamics of the industry has set focus on circular economy for more efficiency and sustainable environment

  • By ICN Bureau | July 17, 2023

The 16th Edition of ArabPlast, a biannual B2B trade show, is scheduled from 13 to 15 December 2023 at the Dubai World Trade Centre, Dubai, United Arab Emirates! The show is dedicated to the plastics, petrochemicals, packaging and rubber Industry.

ArabPlast brings together professionals and decision-makers from the most resilient industry. It offers a unique platform to present innovations and technology, establish new businesses, exchange know-how, and to interact for a productive enhancement that will increase business profitability and add value to the industry. The show attracts global players with India, Europe, Taiwan, and China being the largest contributors.

For the regions of Europe and the West, ArabPlast is supported by their International Associate, Messe Duesseldorf, the organizers of the largest plastics trade fair in the world titled, K, while the Indian sub-continent is supported by The Plastics Export Promotion Council (PLEXCONCIL).

The present changing dynamics of the industry has set focus on circular economy for more efficiency and sustainable environment. The term waste economy is becoming past, as plastics have made its way into most industrial sectors viz. building & construction, food & beverages, aviation, automobiles, logistics, healthcare, sports, to name a few, due to its various properties, adaptability, and advantages.

The global market is expected to expand at a CAGR as below:

* Plastics: 3.4% - US$ 750.1 billion by 2028

* Petrochemicals: 6.4% by 2028

* Plastics Packaging: 4.8% - US$ 441.6 billion by 2030

* Rubber: 5.3% by 2027

* Synthetic Rubber: 4.9% by 2029

Plastics Recycling: 9.3% by 2026

The UAE oil and gas market is expected to register a CAGR of more than 2.0% during 2022 to 2027 while the plastics and packaging market is expected to grow at a CAGR of 5.0% during the period 2022 to 2027 and the plastics recycling market will grow at a healthy CAGR of 5.34%. The country is currently witnessing significant manufacturing developments in the plastics industry.

Register Now to Attend Navigating the Path to Net-zero in the Chemicals Industry on Friday, 26 July 2024

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization