Global Molded Plastic Market Size was valued nearly USD 314 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.01% during the forecast period that is 2017-2025. The Molding is a manufacturing process wherein liquid or pliable raw material is shaped using rigid frame named matrix or mold. Plastic molding is done majorly using Injection molding technology which is largely preferred for metal, plastic and other materials of molding. With this technology, plastic products can be produced in different sizes & shape and customized based on various applications. These molded plastics can be modified by adding pigments to their polymers.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global molded plastic market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global molded plastic market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Dynamics

The global molded plastic market was valued at around USD 314 billion in the year 2017, and it is anticipated grow at CAGR of 6.01% during the assessment period of 2017-2025. The growth of this market is primarily driven by the associated properties of molded plastics versatility, elasticity, insulation, high strength and low maintenance, which are preferred for construction and automobile components. Considering this, rising constructing spending and vast growth in automotive production is suring demand for molded plastic products. Rising Foreign Director investment (FDI), and favorable regulation in countries such as India, China, and Japan is further developing the demand for molded plastic products. Factors such as growth in packaging industry, rising adoption of plastic molded products in house hold industry and growing adoption of plastic products in consumer electronics is further completing the growth of this market     

Driven by this factors growth this market is restrained by volatility in the prices of raw material. Nevertheless, expanding major sectors such as construction, packaging, automotive, household, pharmaceuticals is anticipated to offer lucrative growth opportunities over the forecast periods. 

Segment Analysis 

Based on type, the Molded Plastics market is segmented into polypropylene, polyvinyl chloride , polyethylene terephthalate, polystyrene, polyurethane, others. On the basis of technology, market is segmented into blow molding, injection molding, extrusion molding, rotational molding, and thermoforming. Injection molding technology is most promising segment over other technology and is accounted for the largest market share in 2018. Based on the applications the global market is segmented into packaging, automotive & transportation, construction & infrastructure, agriculture, pharmaceutical, electronics & electrical, and others. Packaging application segment is the largest one among others for molded plastics. This is due to growing need for packaging products to increase the shelf life of food products, favorable regulatory scenario, and superior associated properties of molded plastic products.

 Regional Analysis

The global molded plastics market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The global Molded Plastics market is expected to dominate by Asia-pacific and is also expected to be the largest market by the end of forecast periods. Presence of major developing countries such as India China, and South Korea, which are largely focusing on infrastructural development and directing heavy investments for the same by contributing in this region. This is the major growth factor in this region. Apart from this, presence of major application sector such as automotive, construction, packaging is also contributing significantly in this region. 

Global Molded Plastic Market Size, Share Analysis By Region 2017

Europe is the second largest market for molded plastics products wherein Germany, UK, France are the major contributing in the growth. Europe region is known for regulatory bodies and stringent regulation due to which adoption of injection molding technology is high over other technology. Moreover, proximity to luxury car manufacturers such as BMW, Audi, Rolls Royce and others is playing a added advantage while completing domestic demand. North America anticipated growing at highest CAGR over the forecast period due to established construction industry in the U.S. 

Global Molded Plastic Market Study Objective

1. To forecast the market size of molded plastics market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of molded plastics market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of molded plastics market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of molded plastics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the molded plastics market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of molded plastics market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of molded plastics market commercially.

Key Players

Major players analyzed and profiled in the global molded plastics market include BASF SE, Chevron Philips Chemical Company, Eastman Chemical Company, DowDuPont Inc, Exxon Mobil Corporation, Huntsman Corporation, INEOS Group AG, LyondellBasell Industries N.V., Reliance Industries Limited, and SABIC.

Global Molded Plastic Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.