The Global Molded Plastics Market is expected to reach USD 537.7 million by 2025, from USD 329.8 million in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Molded Plastics market report provides industry players with crucial support to expand their customer base within diverse market spaces. Moreover, subscription based information, online research including third party references, trade associations, directories and publications, one on one telephone interviews with both current customers and prospects, and a range of private industry sources are also referred while formulating this Molded Plastics market analysis report. The market insights taken into consideration in this industry analysis report help simplify decision making. To provide accurate information to users, every possible effort has been made while forming this report!
With the market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Molded Plastics market research report not only save hours of time, but also add credibility to the work done, whether it is about refining the business plan, preparing a presentation for an important client, or making recommendations to an executive. Here, traditional research methodologies are supplemented with innovative approaches to offer evidence-based insights. This Molded Plastics market document also assists the firm in exploring new markets for its products.
Companies Profiled in this report includes, Exxonmobil, Lyondellbasell Industries Holdings B.V., Dowdupont, SABIC, INEOS
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The report gives most significant details of the Global Molded Plastics Market with the help of a thorough and specialized analysis. Defined in a ground-up manner, the report presents an extensive overview of the market based on the factors that are anticipated to have a considerable and measurable impact on the market’s developmental situations over the forecast period
Molded plastics are the polymers that can be molded in any shape and size which can be used in commercial applications. Their quality is enhanced by using pigments and other additives. They possess favourable characteristics such as high durability, high chemical resistance and light weight. The molded plastics products are used by automobile industry in manufacturing og engine cover, air flow ducts, bumpers and many more. With the rapid growth in automotive, construction, and packaging industry is fuelling the growth of the market. For instance, according to the Organization Internationale des Constructeurs Automobiles (OICA), a growth of 4.5% was seen in automobile industry in 2015-2016. The rise in demand for environment supportable and low carbon producing vehicles has led to the rise in molded plastics for manufacturing of vehicles. Also, the increase outflow and inflow of consumer goods in packaging industry is owing to the growth of the molded plastics market.
- Packaging industry is fuelling the growth of the molded plastics market
- Growing high-tech agriculture to boost the molded plastics market
- Fluctuations in raw material prices
- Disposal issues of molded plastics
Segmentation: Global Molded Plastics Market
- Rotational Molding
- Polyvinyl Chloride
- Polyethylene Terephthalate
- Automotive & Transportation
- Construction & Infrastructure
- Electronics & Electrical
Competitive Analysis: Global Molded Plastics Market
The global molded plastics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of molded plastics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. For instance, in August 2014, Pexco company bought Custom Extrusion Inc to expand its plastic business in different regions of. With this acquisition, the company expanded its workfore to produce more plastic products.
Key Market Competitors: Global Molded Plastics Market
The key players operating in the global molded plastics market are –
- Lyondellbasell Industries Holdings B.V.
The other players in the market are China Petroleum Corporation (China), Solvay S.A (Belgium), Eastman Chemical Company (U.S.), Formosa Plastics Group (FPG) (Taiwan), Chevron Corporation (U.S.), Versalis (Italy), BASF SE (Germany), Hanwha Group (South Korea), Reliance Industries (India), Westlake Chemical (texas), Haldia Petrochemicals (India), AGC Chemicals (Exton), Chemours Company (U.S.) and many more.
Molded Plastics Market has been studied in terms of all parameters such as applications, types, products and many other. Each and every data leading to growth or fall of the respective segments have been explained.
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For growth of the market forecast, the report is commenced by approximating the size of the current market, giving a basic idea for predicting the future growth of the market. The impact analysis helps in collecting data on the future growth of the Molded Plastics market.
Geographically, this report is equipped with detail study of all the major geographic regions around the globe. The regions which are considered for the study are, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America.
Molded Plastics market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis
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