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  • Newsweek International

    Sirmax Group - Supplying the world with sustainable high-performing plastics

    Jan 21, 2022 4 minutes

    There is also an increased demand for plastics around the world, especially across sectors like construction, automotive and electronics. The global plastic market was valued at $579.7 billion in 2020, according to Grand View Research, and is expected to grow by a compound annual growth rate of 3.4% to reach $750 billion by 2028.

    This will strongly benefit companies like Italy’s Sirmax Group, a global leader in thermoplastic compounds and the largest non-integrated polypropylene compound producer in Europe, fifth in the world. Sirmax operates in the compounding segment which is worth $60B and expected to grow to $100 billion in

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