If your business deals with plastics, your biggest challenge is market volatility. Raw material prices are often unknown and hard to predict. The situation may become a backbreaker for market players, however, it is possible to overcome this hindrance by staying at the fore of global market trends and buying and selling products at the right time. Businesses are required to proficiently identify latest market prices to exhibit steady growth.
Our reports contain valuable insights to let you capture arbitrage opportunities. They also provide recommendations on how to successfully expand your supplier and buyer network.
Plastics Market Research Reports
Plating on Plastics Market (Plating Type - Chrome, Nickel; Base Material - ABS, PC, ABS/PC, PEI, PET, PBT, Nylon; Application - Automotive, Building and Construction, Electrical and Electronics) - Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2019 - 2027
May, 2019 | 270 pages
Plating on plastics is primarily employed in the automotive industry. Asia Pacific and Europe accounted for a major share of the global plating on plastics market in 2018. Metal plating such as chrome and nickel plating on plastic surfaces is carried out to offer luster finish to the product. The metal plating also offers improved properties such as resistance to corrosion, heat, and abrasion; toughness; and hardness. The nickel segment of the global plating on plastics market is estimated to witness significant growth in the near future.
Plastic Compounding Market (Resin Type - Polyethylene (High-density Polyethylene, Linear low-density Polyethylene, Low-density Polyethylene), Polypropylene, Polyvinyl Chloride, Polystyrene, Engineering Plastics (Polyamide, Polycarbonate, Polyethylene Terephthalate, Acrylonitrile Butadiene Styrene, Polybutylene Terephthalate), Thermoplastic Elastomers, Bio-plastics; End user Industry - Automotive, Electrical and Electronics, Building and Construction, Packaging, Industrial Machinery, Medical Devices) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
May, 2019 | 420 pages
The report analyzes and forecasts the plastic compounding market at a global and regional level. The market has been forecast based on volume (kilo tons) and value (US$ Mn) from 2019 to 2027. The study includes drivers and restraints of the global plastic compounding market. It also covers the impact of these drivers and restraints on the demand for plastic compounds during the forecast period. The report highlights opportunities in the plastic compounding market at the global and regional level.
Medical Plastics Market (Type - PVC, PE, PP, PS, Engineering Plastics, Silicone; Process Technology - Extrusion, Injection Molding, Blow Molding; Application - Disposables, Diagnostic Instruments, Catheters and Syringes, Implants, Dental Tools, Surgical Instruments, Medical Bags, Drug Delivery Devices) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
May, 2019 | 330 pages
Medical plastics are light weight, biocompatible materials that are used for the fabrication of medical devices. Rise in demand for quality and safety of medical devices at a reasonable cost is fuelling the demand for medical plastics. Government regulations compel the medical sector to opt for environment friendly, biocompatible, and clean materials to meet functionality, manufacturability, and safety requirements of medical devices. Devices manufactured by using medical plastics are durable, flexible, and cost effective.
Linear Low-density Polyethylene Market (Process Type - Gas Phase, Solution Phase, Slurry Loop; Application - Rotomolding, Films, Injection Molding; End Use Industry - Packaging, Building and Construction, Automotive, Electrical and Electronics, Agriculture, Household, Leisure and Sports) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Jan, 2019 | 320 pages
Linear low-density polyethylene is manufactured from polyethylene. Linear low-density polyethylene has unique rheological or melt-flow properties. In 1960, DuPont Canada started the first production line for commercial production of linear low-density polyethylene. LLDPE is less shear sensitive than HDPE and LDPE, due to its narrower molecular weight distribution and shorter chain branching.
Plastic Recycling Market (Material - Polyethylene Terephthalate (PET), Polypropylene (PP), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polystyrene (PS), Polyvinyl Chloride (PVC); Application - Packaging, Automotive, Construction, Textiles) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Sep, 2018 | 254 pages
Plastic recycling is a process of collecting plastic scrap or waste and reprocessing it into useful products. It may also be defined as the process of cleaning, sorting, and processing pre-consumer or post-consumer plastic waste into resins for various applications. Plastic scrap can be rigid (bottles, containers, furniture, etc.) and non-rigid (films, wrappers, pliable sheets, etc.). Plastic is non-biodegradable; recycling plays an important role in reducing plastic in the waste stream.
Engineering Plastic Compounds Market (Compound Type - Polycarbonate (PC) Compound, Polyamide (PA) Compound, Polymethyl Methacrylate (PMMA) Compound, Polyacetal/Polyoxymethylene (POM) Compound, PET Compound, PBT Compound, Polyphenylene Oxide (PPO/PPE Blends) Compound, Fluoropolymer (PTFE and Other FPs) Compound, Polyphenylene Sulfide (PPS) Compound, Acrylonitrile Butadiene Styrene (ABS) Compound, Styrene-Acrylonitrile (SAN) Compound, Thermoplastic Elastomer Compound (TPE-s: Styrenic Block Copolymers, TPE-o: Thermoplastic Polyolefin Elastomers, TPE-v: Thermoplastic Vulcanizates, TPE-u: Thermoplastic Polyurethanes, TPE-e: Thermoplastic Copolyesters, TPE-a: Thermoplastic Polyamides); End use Industry - Automotive & Transportation, Aerospace, Electrical & Electronics, Building & Construction, Consumer Goods & Appliances, Industrial Applications, Medical) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
Aug, 2018 | 420 pages
This report focuses on study of engineering plastic compounds at the global and regional levels. It analyzes and forecasts the market for engineering plastic compounds based on value (US$ Mn) and volume (kilo tons) from 2018 to 2026. The market has been forecast based on historical trends, and demand–supply scenario, drivers, restraints, opportunities, and expansions and developments by stakeholders across the value chain.
Plastics Market for Electrical Appliances (Resin - Polycarbonate (PC), Polypropylene (PP), Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN), Low-density Polyethylene (LDPE/LLDPE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyamide (PA); Appliance - Refrigeration Appliances, Home Laundry Appliances, Dishwashers, Air Treatment Products, Microwaves, Small Cooking Appliances, Vacuum Cleaners, Food Preparation Appliances, Personal Care Appliances, Irons - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Apr, 2018 | 375 pages
Plastic is one of the highly functional, esthetic, and sustainable materials. It has replaced materials such as metal, concrete, and wood, as it is light in weight, corrosion proof, economical, and esthetically appealing. Manufacture of plastic also entails less energy. Global production of plastic stood at 322 million tons in 2015 and is estimated to increase at a CAGR of 6% to 7% by 2020.
Thermally Conductive Plastics Market (Type - Polyamide (PA), Polybutylene terephthalate (PBT), Polycarbonate (PC), Polyetherimide (PEI), Polyphenylene sulfide (PPS), PEEK, and PEKK; Application - Electrical & electronics, Automotive, Industrial, Healthcare, and Aerospace) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Feb, 2018 | 285 pages
This report analyzes and forecasts the market for thermally conductive plastics at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (Tons) from 2017 to 2025. The study includes drivers and restraints of the global thermally conductive plastics market. It also covers the impact of these drivers and restraints on demand for thermally conductive plastics during the forecast period.
Extruded Plastics Market (Type - LDPE, HDPE, Polypropylene, Polystyrene, and PVC; Form - Films, Pipes, Sheets, Tubes, and Wires and Cables; Application - Packaging, Building & Construction, Energy, Automotive, Electrical and Electronics, and Medical) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Jan, 2018 | 395 pages
This report analyzes and forecasts the market for extruded plastics at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (Kilo Tons) from 2017 to 2025.
Acrylate Monomers Market (Product - Butyl Acrylate Monomer, Methyl Acrylate Monomer, 2-Ethyl Hexyl Acrylate Monomer, and Ethyl Acrylate Monomer; Application - Paints & Coatings, Adhesives & Sealants, Plastics, and Printing Inks) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Sep, 2017 | 207 pages
Acrylate monomers are the esters which contain vinyl group and have a wide range of applications such as coatings, paints, plastics, adhesives & sealants, printing inks and textiles. Acrylate monomers are obtained by direct esterification of polyol or alcohol. This esterification is done with methacrylic acid or acrylic acid. The major application of acrylate monomers is in the paints and coating industry. Superior durability and UV resistance, high flexibility, and gloss are the key properties of acrylates that have boosted their consumption.
Solid Masterbatches Market (Product Type - Engineering Plastics Solid Masterbatches, Mineral Filled Solid Masterbatches, PET Solid Masterbatches, Polyolefin Solid Masterbatches, Polypropylene Solid Masterbatches, and Additives; End User - Packaging, Automotive, Aerospace, Marine, Cosmetics and Pharmaceuticals, Electronics and Electrical, Construction, and Consumer Products; Color - Black, White, and Color) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2022
Sep, 2017 | 170 pages
The global solid masterbatches market is experiencing a tremendous rise, thanks to the widening application base of solid masterbatches. The strong growth of a number of end-use industries is also reflecting positively on this market and the scenario is expected to remain so over the next few years. This report on the global market for solid masterbatches presents an all-inclusive market analysis, covering all the prominent trends and technologies that play a key role in catalyzing the performance of this market, currently, as well as over the period between 2017 and 2022. It also emphasizes on the driving forces, limitations, and opportunities, impacting the market’s growth over the forecast period.
Textile Coatings Market (Raw Material - Thermoplastics (Polyurethane, Polyvinylchloride, and Acrylics) and Thermosets (Natural Rubber, Styrene Butadiene Rubber, and Silicones); Technology - Dot Coating and Full Surface Coating; End-user - Geotextiles, Footwear, Upholstery Fabric, Medical Hygiene, and Industrial Clothing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Aug, 2017 | 184 pages
Textile coatings are special purpose coatings that are used for coating various textiles, fabrics and yarns to shield the materials from various environmental factors such as heat, dust, soil, water, oil, grease, etc. The coatings are specifically applied on the textiles to keep the material durable and away from damage. Rise in quality and performance standards from end-user industries and improvement in living standard in developing countries across the globe is observed to boost the demand for textile coatings.
2-shot Injection Molding Market (Product - Polypropylene, Polycarbonate, Acrylonitrile Butadiene Styrene (ABS), Polystyrene, Other Plastics (Nylon and PBT), Silicones, Styrene-Butadiene Rubber (SBR), Thermoplastic Elastomers (TPE), and Other Elastomers (Natural Rubber and Nitrile Rubber); Application - Medical, Automotive, Consumer Goods, Electrical & Electronics, Industrial, and Packaging) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Jan, 2017 | 119 pages
2-shot injection molding is used to manufacture a single component using a single injection molding machine using two different materials. The process is used to add ergonomic and aesthetic value to molded products. Generally a soft touch polymer such as silicone or TPE is used in combination with a hard thermoplastic such as PC and PP. the use of the process is more prevalent in developed countries due to the higher initial startup costs and more challenging technical expertise needed for 2-shot molding.
Waterborne Ink Market (Resin - Acrylic (Styrene Acrylic), Polyester, Maleic, Polyurethane Resin, and Phenolic Resin; Technology - Flexography, Gravure, Digital, Screen Printing, and Sheet-fed Offset Printing; Application - Packaging (Flexible and Corrugated), Publication (Newspapers, Magazines and Periodicals, and Books), Flyers and Brochures, Decorative Printing, and Product Printing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Jan, 2017 | 306 pages
Waterborne ink is also known as water-based ink. Its drying speed is sluggish compared to solvent-based inks. Ink is a blend of colorant, vehicle (resin), solvent, and additives. Waterborne ink contains 60% water or other solvents, 20% resin, 15% colorant and 5 % additives. The main solvent is water, but there could also be other co-solvents present – typically VOCs.
Thermoplastic Polyurethane Films Market (Product Type - Polyester TPU, Polyether TPU, and Polycaprolactone TPU; End Use - Automotive, Building & Construction, Furniture, Aerospace, Footwear, Energy, Medical & Healthcare, Recreation, and Flexible Packaging) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Oct, 2016 | 178 pages
Technological advancements taking place in the automotive sector has boosted growth in the global thermoplastic polyurethane films market. Properties of thermoplastic polyurethane films that include high resilience, waterproofness, and cool temperature resistance have further augmented growth in this market.
Molded Plastics Market (Material Type - Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Polyethylene Terephthalate, Polyethylene Terephthalate; Technology - Injection Molding, Injection Molding, Blow Molding, Thermoforming; Application - Packaging, Consumable & Electronics, Automotive & Transportation, Building & Construction) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Aug, 2016 | 201 pages
Plastic molding is called the process of using a rigid frame. These are synthetic compounds which can be sculpted in different application-based forms. Pigment can be added to their synthesis polymers to redesign molded plastics. Due to variables like the increasing packaging and the petrochemicals sector, the use of plastics in the production of household products, plastic components ' use in consumer electronics, and increasing consumption of molded plastics in the automotive industry, the molded plastics market is likely to experience growth.
Styrene Acrylonitrile (SAN) Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Mar, 2016 | 130 pages
The report analyzes and forecasts the styrene acrylonitrile resins market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume (kilo tons) and revenue (US$ Mn).
Molded Plastics Market - GCC Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Mar, 2016 | 140 pages
Molded plastics are products made up of thermoplastic or thermoset resins through a molding process. The molding process essentially requires a mold or cast in order to provide the plastic with a specified shape. Molded plastics find application in most sectors and daily products such as bottles, furniture, pipes, conduits, wires, cables, containers, caps, cases, and consumer products.
Biodegradable Plastics (Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Polybutylene Succinate (PBS), Polycaprolactone (PCL), Starch-based, and Regenerated Cellulose) Market for Packaging, Textile, Agriculture, Injection Molding, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Feb, 2016 | 175 pages
Plastics that decompose in the nature by the action of microorganisms are generally referred as biodegradable plastics. These plastics are divided into different categories such as bio-based and petro-based biodegradable plastics.
Superabsorbent Polymer Market for Agriculture - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023
Feb, 2016 | 93 pages
This report covers the analysis and forecast of the superabsorbent polymer (SAP) market for agriculture on a global and regional level. The study provides historic data of 2014 along with forecast between 2015 and 2023 based on volume (kilo tons) and revenue (US$ Mn).
Concrete Floor Coatings (Epoxy, Polyaspartics, and Others) Market for Outdoor and Indoor Applications - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Dec, 2015 | 94 pages
Concrete floor coatings are widely used across the globe for protecting concrete floors from abrasion and wear and tear. Demand for concrete floor coatings is primarily led by growing awareness regarding floor coatings and increasing construction activities in North America. North America dominates the global market for concrete floor coatings.
Polyglycolic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Oct, 2015 | 98 pages
This report analyzes and forecasts the polyglycolic acid market on the global and regional level. The study provides historic data of 2014 along with forecast between 2015 and 2023 based on volume and revenue.
Medium Molecular Weight Polyisobutylene Market for Gum Base, Adhesives, Sealants, Lubricants, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023
Oct, 2015 | 85 pages
The report forecasts and analyzes the medium molecular weight polyisobutylene market on regional and global levels based on volume (Kilo Tons) and revenue (US$ Mn). The study includes drivers and restraints for the medium molecular weight polyisobutylene market along with their impact on demand during the forecast period.
Coating Resins Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Sep, 2015 | 155 pages
Coating resins are primary polymer compounds used in producing different types of coatings. Coating resins are advanced materials exclusively used in various end-user industries such as building & construction, automotive, marine, electronics, and furniture. Building & construction was the largest end-user segment of the coating resins market in Asia Pacific in 2014.
Anti-Tack Agents (Stearates, Fatty Acid Esters, Fatty Acid Amides, Soap, Silicone Polymers, and Others) Market for Rubber - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Sep, 2015 | 140 pages
Anti-tack agents are coatings applied on rubber to get rid of the sticking property from the rubber substrate. The substrate is usually dipped in anti-tack solution, which acts as an anti-adhesive for rubber. Different types of anti-tack agents are used in the rubber industry. These include stearates, fatty acid esters, fatty acid amides, silicone polymers, and soaps.
Unsaturated Polyester Resin (DCPD, Orthophthalic, Isophthalic, and Others) Market for Tanks & Pipes, Building & Construction, Electrical, Marine, Transport, Artificial Stones and Other End-users - Asia Pacific Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Aug, 2015 | 115 pages
Unsaturated polyester resins are synthesized by using raw materials such as glycols, phthalic anhydride, and dibasic organic acids. Unsaturated polyester resins are extensively employed in tanks & pipes, building & construction, electrical, marine, transport, artificial stones, and other industries. Building & construction was the largest end-user segment of the unsaturated polyester resin market in Asia Pacific in 2014.
Polypropylene Random Copolymer Market for Packaging, Building & Construction, Healthcare and Other End-user Industries - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Aug, 2015 | 105 pages
Rising demand from packaging and healthcare industries coupled with technological developments are expected to drive the polypropylene random copolymer market between 2015 and 2023. Polypropylene random copolymer is primarily used in the manufacture of food containers due to high heat and impact resistance, flexibility, and excellent transparency.
High Density Polyethylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Aug, 2015 | 200 pages
Demand for high density polyethylene is primarily due to growth in the packaging and agriculture industries across the globe. Asia Pacific dominates the global market for high density polyethylene. This report analyzes, estimates, and forecasts demand for high density polyethylene on a global and regional level for eight-year period from 2015 to 2023 in terms of volume and revenue.
U.S. Antimicrobial Plastics Market for Electronic & Consumer Appliances, Personal Care, Packaging, Automotive, Building & Construction, Healthcare and Other Applications - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Jul, 2014 | 76 pages
Antimicrobial plastics are molded polymers infused with antimicrobials to inhibit the growth of various harmful microorganisms such as fungi and bacteria. Antimicrobial plastics are used in various industries such as healthcare, automotives, building & construction, electronics, packaging and consumer goods. Additionally, they are used in niche applications such as pipes, plastic water storage containers, waste bins and lids.
Polyoxymethylene (POM) Market for Automotive, Electrical, Consumer and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Jun, 2014 | 78 pages
Polyoxymethylene (POM) is an engineering thermoplastic that is used in commercial as well as industrial applications. It is majorly employed in precision parts that require low friction, high stiffness and significant dimensional stability. Polyoxymethylene (POM) is widely used in automotive, electrical and electronic and consumer goods industries, among others. The polyoxymethylene (POM) market is anticipated to expand significantly in the near future due to its growing applications, especially in automotive and electrical industries.
Reinforced Plastics Market (Carbon Fiber Reinforced Plastics, Glass Fiber Reinforced Plastics, Aramid Fiber Reinforced Plastics and Others) for Automotive, Building & Construction, Aerospace & Aviation, Wind Energy, Marine, Electrical & Electronics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
May, 2014 | 92 pages
Reinforced plastics are a derived class of materials that combine plastic and fibers and complement each other for improved structural and physical properties. Plastics have temperature limitations and low modulus properties, whereas fibers have high modulus. Plastics reinforced with fibers have high modulus, temperature resistance and other improved properties.
Aerospace Plastics Market for Fuselage, Wings and Empennage Applications in Commercial Aircrafts, Military Aircrafts, Rotary Aircrafts and General Aviation - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Jul, 2013 | 110 pages
This report by Transparency Market Research analyzes the aerospace plastics market from a global perspective and endeavors to portray a detailed and comprehensive collection of data and its analysis on the basis of various market parameters.
Automotive Plastics Market By Product (ABS, PP, PU, PVC, PE, PC, PMMA, PA), By Application (Power Trains, Under the Hood, Electrical Components, Chassis, Furnishing), Bio-based Opportunity (PLA, PHA, PCL, PBS) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Mar, 2013 | 123 pages
This report by Transparency Market Research analyzes the automotive plastics market from a global perspective and endeavors to portray a detailed and comprehensive collection of data and its analysis on the basis of various market parameters.
Injection Molded Plastics Market - Global Industry Analysis, Size, Share, Growth And Forecast, 2010 - 2018
Oct, 2012 | 100 pages
Injection molded plastics are materials which are manufactured by injecting the material into a mold. These plastics are made with a host of materials, including metals, glasses, elastomers, confections, and most commonly thermoplastic and thermosetting polymers. Injection molded plastics are used in a wide range of applications such as automotive and transportation, packaging, consumables and electronics and building and construction among others.
Low Voltage Cables Market - Latin America Industry Size, Market Share, Trends, Analysis And Forecast 2011 - 2018
Sep, 2012 | 64 pages
The report primarily includes a descriptive examination of the Latin America low voltage cables market in terms of the multiple variables and constants in the market. Various factors that will raise or devaluate the magnitude of appeal along with other factors such as overall market size, areas of expansion, and growth rate are examined in the report.
Synthetic and Bio-Based Biodegradable Plastics Market- Global Industry Analysis, Size, Applications, Share, Growth And Forecast, 2011 - 2018
Aug, 2012 | 75 pages
This report is an effort to identify factors, which will be the driving force behind the synthetic & bio-based biodegradable market and sub-markets in the next six years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the synthetic and bio-based biodegradable industry in terms of types, application and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends.
Jun, 2012 | 130 pages
The global plastic additives market has been on the rise over the recent decades owing to the rising levels of disposable income among consumers in Asia Pacific. Rise in demand for plastic additives is supported by the growing operations of the construction industry in Asia Pacific and Latin America. Growing GDP and urbanization in these two regions, mainly in dynamic economies such as China,