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Molded Plastics Market Impressive Growth |
Posted: Feb 29, 2020
Molded Plastics Market study presents basic data and true figures about the market giving a general assessable analysis of this market based on market drivers, market trends, constraints and its future prospects. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis. 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.
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.
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By Technology (Blow Molding, Injection Molding, Extrusion Molding, Rotational Molding, Thermoforming), Type (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polystyrene, Polyurethane), Application (Packaging, Automotive & Transportation, Construction & Infrastructure, Agriculture, Pharmaceutical, Electronics & Electrical), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)
Market Drivers:
Packaging industry is fueling the growth of the molded plastics market
Growing high-tech agriculture to boost the molded plastics market
Market Restraint:
Fluctuations in raw material prices
Disposal issues of molded plastics
Table of Contents
- Market Overview
- Manufacturers Profiles
- Global Molded Plastics Market Competitions, by Manufacturer
- Global Molded Plastics Market Analyses by Regions
- North America Molded Plastics by Countries
- Europe Molded Plastics by Countries
- Asia-Pacific Molded Plastics by Countries
- South America Molded Plastics by Countries
- Middle East and Africa Molded Plastics by Countries
- Global Molded Plastics Market Segment by Type
- Global Molded Plastics Market Segment by Application
- Sales Channel, Distributors, Traders and Dealers
- Research Findings and Conclusion
- Appendixes
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 favorable 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 fueling the growth of the market.
For instance, according to the Organization International des Constructers 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.
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.
Market Segment by Regions, regional analysis covers:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some of the important question for stakeholders and business professional for expanding their position in the Global Molded Plastics Market:
- Which Region offers the most rewarding open doors for the market in 2019?
- What are the business threats and variable scenario concerning the market?
- What are probably the most encouraging, high-development scenarios for Molded Plastics movement showcase by applications, types and regions?
- What segments grab most noteworthy attention in Molded Plastics Market in 2019 and beyond?
- Who are the significant players confronting and developing in Molded Plastics Market?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.