- Plastics Industry
R&D Tax Credits for Plastics Manufacturers
The plastics industry continuously innovates in materials, processes, and sustainability. Your efforts to develop new formulations, improve manufacturing, and create sustainable solutions qualify for substantial tax credits.
Average Credit Value
$500K - $2M
Why Plastics Companies Benefit
The pharmaceutical industry's focus on innovation and regulatory compliance creates numerous R&D tax credit opportunities
Material Innovation
Constant development of new polymers, compounds, and sustainable materials drives significant R&D investment.
Process Documentation
Quality control and regulatory requirements create comprehensive documentation supporting credit claims.
Sustainability Focus
Environmental initiatives and recycling innovations create new R&D opportunities and tax benefits.
Qualifying R&D Activities
Common plastics industry activities that qualify for R&D tax credits
Material Development
- Developing new polymer formulations and compounds
- Creating biodegradable and sustainable plastics
- Formulating specialty resins and additives
- Developing recycled material processes
- Creating high-performance engineering plastics
Process Innovation
- Optimizing injection molding processes
- Developing new extrusion techniques
- Creating advanced blow molding methods
- Improving thermoforming processes
- Developing 3D printing materials and methods
Product Design & Testing
- Designing custom plastic components
- Developing new mold designs and tooling
- Creating prototypes and testing methods
- Improving product durability and performance
- Developing multi-material solutions
Sustainability & Recycling
- Developing chemical recycling processes
- Creating circular economy solutions
- Improving material recovery techniques
- Developing compostable alternatives
- Reducing environmental impact
This is not an exhaustive list. Many other plastics R&D activities may qualify.
Success Stories
Real examples of plastics companies benefiting from R&D tax credits
$890,000
Specialty Plastics Manufacturer
Company claimed credits for developing new biodegradable polymer formulations and sustainable manufacturing processes.
$1.4 Million
Injection Molding Innovator
Manufacturer received credits for creating advanced molding techniques and custom tooling for complex automotive parts.
$675,000
Recycling Technology Developer
Firm claimed credits for developing innovative chemical recycling processes for post-consumer plastic waste.
Ready to Transform Your Plastics R&D Into Tax Savings?
Our specialized team understands the unique challenges in plastics manufacturing and material development. Let us help you maximize your tax savings while you innovate for a sustainable future.