Market Overview:
The global plastic shims market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for plastic shims in various applications, such as household, commercial, and others. In terms of type, the U-shaped plastic gasket segment is expected to lead the global market during the forecast period. This can be attributed to its properties such as high flexibility and resistance against corrosion.
Product Definition:
A plastic shim is a thin piece of plastic that is inserted between two objects to create a space or fill a gap. Plastic shims are often used in construction and carpentry to level objects or surfaces, adjust the fit of parts, or fill gaps. They are also used in manufacturing and engineering to adjust the position of components or fix problems with alignment.
U-shaped Plastic Gasket:
U-shaped plastic gasket is a kind of seal which is used in various applications including automotive, building & construction and industrial. The product has high tensile strength and durability owing to which it's usage in the aforementioned application areas has been increasing over the past few years. In addition, rising demand for U-shaped plastic gaskets due to its ability to withstand high pressure also acts as a growth factor for this market.
Square Plastic Gasket:
Plastic gaskets are used in various applications including automotive, construction and packaging. They are available in different forms such as thin sheet gasket, channeled or lip-shaped gasket and thick round plastic gasket among others. The most commonly used type of plastic material for manufacturing these products is Polypropylene (PP).
Application Insights:
The others application segment includes automotive, industrial and construction. The demand for plastic shims is expected to increase in the automobile industry owing to its lightweight properties. These are used as spacers or washers between components, which makes them lose their original dimensions and round off into a perfect fit.
In the household sector, these products are used in doors and windows along with other components such as handles and latches. Plastic shims can also be used for insulation purposes in bathrooms or showers by installing them between the glass panel of a door or window unit and its frame on either side of the opening gap that separates two panes of glass when they are not quite touching each other due to slight misalignment caused during manufacturing process.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, presence of key manufacturers, and rising construction activities in emerging economies such as India, China, Indonesia, Malaysia etc. Moreover Asia Pacific has one of the largest ports which acts as a distribution channel for plastic shims across various industries including automotive & transportation; electronics & appliances; food & beverage; and others.
North America accounted for a significant share owing to growing demand from several major end-use industries such as aerospace & defense (military), medical devices among others that require precision components manufactured using plastics with accurate dimensions. Europe also held a considerable market share due to high demand from automobile industry for manufacturing lightweight components using plastics with reduced weight while maintaining required strength is another factor driving regional growth.
Growth Factors:
- Increasing demand from end-use industries: The global plastic shims market is witnessing a significant growth due to the increasing demand from various end-use industries such as automotive, construction, and electrical & electronics.
- Rising popularity of lightweight vehicles: The growing popularity of lightweight vehicles is another major factor driving the growth of the global plastic shims market. Plastic shims are being increasingly used in place of metal shims as they are lighter in weight and do not corrode over time.
- Technological advancements: The development of new technologies for manufacturing plastic shims has led to an increase in their adoption across various end-use industries. This is further propelling the growth of the global plastic shims market.
- Growing awareness about benefits offered by plastic shims: There is a growing awareness among consumers about the benefits offered by using plastic Shim products such as weight reduction, corrosion resistance, and dimensional accuracy over traditional metal Shim products.. This is resulting in an increase in demand for these products across different applications segments.. 5) Emerging economies offer potential growth opportunities: A large number of untapped opportunities exist for players operating in th
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Shims Market Research Report
By Type
U-shaped Plastic Gasket, Square Plastic Gasket, Round Plastic Gasket
By Application
Household, Commercial, Others
By Companies
PSA Company, Bfseals, TIMco, Precision Brand Products, Inc., Broadfix, DeFelsko Corporation, MAGNASPHERE Corp, Jiangyin Yonghao Machinery Co., Ltd., Hebei Yilaihui Technology Co., Ltd., PSA Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Shims Market Report Segments:
The global Plastic Shims market is segmented on the basis of:
Types
U-shaped Plastic Gasket, Square Plastic Gasket, Round Plastic Gasket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PSA Company
- Bfseals
- TIMco
- Precision Brand Products, Inc.
- Broadfix
- DeFelsko Corporation
- MAGNASPHERE Corp
- Jiangyin Yonghao Machinery Co., Ltd.
- Hebei Yilaihui Technology Co., Ltd.
- PSA Company
Highlights of The Plastic Shims Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- U-shaped Plastic Gasket
- Square Plastic Gasket
- Round Plastic Gasket
- By Application:
- Household
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Shims Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plastic shims are a type of plastic that is used to fill in gaps or spaces between parts. They are also known as spacers, washers, or benders.
Some of the major companies in the plastic shims market are PSA Company, Bfseals, TIMco, Precision Brand Products, Inc., Broadfix, DeFelsko Corporation, MAGNASPHERE Corp, Jiangyin Yonghao Machinery Co., Ltd., Hebei Yilaihui Technology Co., Ltd., PSA Company.
The plastic shims market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic Shims Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plastic Shims Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic Shims Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plastic Shims Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plastic Shims Market Size & Forecast, 2018-2028
4.5.1 Plastic Shims Market Size and Y-o-Y Growth
4.5.2 Plastic Shims Market Absolute $ Opportunity
Chapter 5 Global Plastic Shims Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plastic Shims Market Size Forecast by Type
5.2.1 U-shaped Plastic Gasket
5.2.2 Square Plastic Gasket
5.2.3 Round Plastic Gasket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Shims Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plastic Shims Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Shims Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plastic Shims Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plastic Shims Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Shims Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plastic Shims Market Size Forecast by Type
9.6.1 U-shaped Plastic Gasket
9.6.2 Square Plastic Gasket
9.6.3 Round Plastic Gasket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plastic Shims Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plastic Shims Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Shims Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plastic Shims Market Size Forecast by Type
10.6.1 U-shaped Plastic Gasket
10.6.2 Square Plastic Gasket
10.6.3 Round Plastic Gasket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plastic Shims Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plastic Shims Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Shims Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plastic Shims Market Size Forecast by Type
11.6.1 U-shaped Plastic Gasket
11.6.2 Square Plastic Gasket
11.6.3 Round Plastic Gasket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plastic Shims Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plastic Shims Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Shims Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plastic Shims Market Size Forecast by Type
12.6.1 U-shaped Plastic Gasket
12.6.2 Square Plastic Gasket
12.6.3 Round Plastic Gasket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plastic Shims Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plastic Shims Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Shims Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plastic Shims Market Size Forecast by Type
13.6.1 U-shaped Plastic Gasket
13.6.2 Square Plastic Gasket
13.6.3 Round Plastic Gasket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plastic Shims Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plastic Shims Market: Competitive Dashboard
14.2 Global Plastic Shims Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PSA Company
14.3.2 Bfseals
14.3.3 TIMco
14.3.4 Precision Brand Products, Inc.
14.3.5 Broadfix
14.3.6 DeFelsko Corporation
14.3.7 MAGNASPHERE Corp
14.3.8 Jiangyin Yonghao Machinery Co., Ltd.
14.3.9 Hebei Yilaihui Technology Co., Ltd.
14.3.10 PSA Company
