Global Molded Plastics Market is valued at approximately $$i n 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2028.Molded plastics are non-metallic polymers that can be moulded into various shapes for commercial usage.
These are extremely adaptable, efficient, bendable, and hardenable to achieve the desired consistency. These are used to create little components with a high level of detail and refinement. Because of their high ductility, tensile strength, impact resistance, moisture resistance, and greater design flexibility, these are used in a variety of applications such as building and construction, automotive and transportation, consumables and electronics, packaging, and others such as medical, stationery, and textiles.Increased awareness of hygiene-related activities has resulted in the expansion of the packaging sector, where moulded plastics are frequently employed in the creation of complicated and intricately structured plastics.
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According to research issued in October 2020 by the National Investment Promotion and Facilitation Agency, the packaging business was valued at more than $917 billion in 2019 and is predicted to reach $1.05 trillion by 2024, rising at a CAGR of 2.8 percent. Furthermore, increased investments in building infrastructure have resulted in significant growth in the building and construction sector. For example, according to a report issued by Invest India in August 2021, the Indian government has a $1.4 trillion infrastructure investment budget, with urban infrastructure accounting for 16% of the total.On the contrary, the low-cost availability of bioplastics has increased the demand for moulded bioplastics in a variety of end-use sectors. Furthermore, rising efforts by established and developing economies to promote sustainable products may boost moulded plastics sales, offering profitable potential in the worldwide moulded plastics market.However, fluctuation in raw material prices hampering the growth of the market.
The key regions considered for the global Molded Plasticsmarketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.During the projection period, APAC is expected to be the largest and fastest-growing market for moulded plastics in terms of value. In this area, China dominates the moulded plastics business. The presence of the region’s largest moulded plastics producers characterises the market. Whereas, the presence of the leading moulded plastics companies dominates the market in North America. The region’s companies are focusing on expanding their production capacity in order to capitalise on the region’s low production costs due to theavailability of raw materials.
Major market players included in this report are:
Atlantis Plastics, Inc.
China Plastic Extrusion Ltd.
EASTMAN CHEMICAL COMPANY
DuPont
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GSH Industries
Mitsubishi Chemical Corporation
Mitsui Chemicals Inc
Petro Packaging Company, Inc
Pexco LLC
PSI Molded Plastics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByType:
Polyethylene
Polypropylene
Polyvinyl Chloride
Polyethylene Terephthalate
Polystyrene
Polyurethane
Others
By Application:
Packaging
Automotive & Transportation
Construction & Infrastructure
Agriculture
Pharmaceutical
Electronics & Electrical
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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