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The Vital Importance of Plastic To the U.S. Economy


By News on the Net -- Perc Pineda, Real Clear Markets——--September 11, 2023

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RealClearMarkets

The U.S. Plastics Industry employs over a million Americans, is one of the largest continually growing sectors despite a less than robust economy and produces vital products through investment in innovations for about every major industry.

Given this perspective, if you believe the claims made by anti-plastics activists about this essential material and industry, the statistics might come as a surprise. Opponents of the plastics industry would have you think that eliminating plastics production is a realistic goal with no detrimental impact on our economy, even suggesting it would ‘promote conservation,’ which couldn’t be further from the truth.


The plastics industry is deeply engrained in our economy for valid reasons. Essential plastic materials provide cost accessibility to manufacturers and consumers and can be used in a wide range of applications. Whether that’s keeping food fresh, protecting health care workers and patients, making cars safer and more sustainable, or helping first responders during natural disasters, this industry emerged from innovation based on society’s demand and has consequently improved our lives and well-being every single day. More...


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