Molded Plastic Market 2019 | Global Industry Share, Segments & Key Drivers, 2023

1
Molded Plastic Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Molded Plastic Market Research Report- Forecast
to 2023
Molded Plastic Market - Overview
The Global Molded Plastic Market, according to
the report released by Market Research Future
(MRFR), is anticipated to grow with a notable
growth in the forthcoming years. The growth of
the market is identified to be driven primarily
by the growing use of the product in the
packaging industry for fast-moving consumer
goods, consumer electronics, and household care
products. The rapid-paced growth in the
electrical and electronics, construction,
packaging, and automotive industries is believed
to further push the demand for the market
globally in the near future. It is also reported
that the use of Molded Plastics in the electrical
and electronics industry has seen massive growth
over the years, especially for televisions,
smartphones, laptops, and computers. The
application of Molded Plastic also stretches to
the automotive industry, wherein it is used for
engine covers, bumpers, grilles, air flow ducts,
and car fascia. The rising demand for
environmentally precise and low carbon emitting
vehicles has proliferated the use and demand for
molded plastics in the manufacturing of
automobiles. However, the high initial costs and
limited production runs is reported to cause
major trouble to the overall market, thereby
hindering the overall expected growth.
3
Molded Plastic Market Research Report- Forecast
to 2023
Segmental Analysis
The Global Molded Plastic Market has been
segmented, on the basis of material, into
polypropylene, polyvinylchloride, polystyrene,
polyethylene, polyethylene terephthalate, and
others. On the Basis of Application, the Global
Molded Plastic Market has been segregated into
packaging, electronics, building and
construction, automotive, and others. By
Technology, the Global Molded Plastic Market has
been divided into injection molding, blow
molding, thermoforming, extrusion molding, and
others. The Global Molded Plastic Market has
been segmented, By Region, into North America,
Asia-Pacific, Europe, Latin America, and the
Middle East Africa. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/molde
d-plastic-market-6395
4
Molded Plastic Market Research Report- Forecast
to 2023
Regional Outlook
The Global Molded Plastic Market has been
analyzed with respect to five regionsNorth
America, Europe, Asia-Pacific, Latin America, and
the Middle East Africa. Asia-Pacific accounted
for the largest share of the Global Molded
Plastics Market in 2017, both in terms of value
and volume. The market in Asia-Pacific is
expected to register the highest CAGR during the
forecast period owing to the rapidly growing
end-use industries such as packaging,
construction, and automotive in the region.
Favorable government schemes such as incentives
and tax benefits have resulted in the shift of
automotive manufacturing hubs to China, India,
and ASEAN countries, which is expected to propel
the demand for Molded Plastics in the region.
Furthermore, the Indian electronics market is
expected to grow substantially in the coming
years. This can be attributed to the construction
of electronic hardware technology parks (EHTP) in
special economic zones across the country, which
is expected to further boost product demand
during the forecast period. North America is
another prominent market for Molded Plastics due
to the rebounding construction industry and
increased demand for lightweight automobiles. The
European market is projected to register
considerable growth during the review period. The
rising adoption of molded plastic in the
established packaging and automotive industries
are the major factor contributing to the growth
of the market in this region. The growth of the
European market is also driven by the presence of
tier-1 automotive, medical equipment, and
electronics OEMs in the region. Latin America is
another substantial region propelling market
growth owing to the growing automotive
industry. The market in the Middle East Africa
is expected to grow as a result of the expanding
end-use industries such as healthcare and
building and construction.
5
Molded Plastic Market Research Report- Forecast
to 2023
Major Players in this Research

• Molded Plastic Market Prominent Players
• BASF SE (Germany)
• Harwal Group of Companies (UAE)
• DuPont (US)
• HTI Plastics (US)
• Eastman Chemical Company (US)
• INEOS (UK)
• LyondellBasell Industries Holdings BV
  (Netherlands)
• Reliance Industries Limited (India)
• SABIC (Saudi Arabia)
• Magna International Inc. (Canada)
• Takween Advanced Industries (Saudi Arabia)

Get Free Sample Copy _at_ https//www.marketresearchf
uture.com/sample_request/6395
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)