PCR Closures Market To Reflect Impressive Growth Rate 2021-2031
PCR Closures Market: An Overview The increasing restrictions and regulation imposed on the consumption of plastics have led to the heightened application of post-consumer resins (PCR) in the manufacturing of plastic packaging materials. PCR material is made from the process of recycling plastic materials that have completed their life cycle and are considered as wastes. The consistent efforts of manufacturers to reduce their carbon footprint has led to incremental growth in the application of PCR in the packaging industry. Caps and closures are an integral part of the packaging system for a wide variety of products. The introduction of PCR closures in the market has offered manufacturers an opportunity to reduce their environmental impact. The quality of the PCR closures if not greater is at par with the closures made from 100% virgin resins. These closures are often manufactured with food-grade quality as a result they are widely used in many industries like food and beverage, p...