Molded Plastic Market, by Product (Polyvinyl chloride, polypropylene, Polystyrene, Low density polyethylene, High density polyethylene, Polyethylene terephthalate, and Engineering plastic), by Technology Type (Injection molding, Blow molding, Compression

Molded Plastic Market, by Product (Polyvinyl chloride, polypropylene, Polystyrene, Low density polyethylene, High density polyethylene, Polyethylene terephthalate, and Engineering plastic), by Technology Type (Injection molding, Blow molding, Compression molding, Film insert molding, Gas assist molding, Rotational molding Structural form molding, Thermoforming), By End Use Industry (Building and Construction, Electrical and Electronics, Automotive, Packaging, and Others) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The process of using a rigid frame or mold for shaping of plastic is called plastic molding. The mold used in the process gives the desired shape and is made of steel or aluminum. Plastic molding helps in creation of objects of all sizes and shapes using both simple and complex designs. Molded plastics are synthetic compounds that can be made and molded into a variety of shapes depending on their utilization. The polymers in these molded plastics can be customized by adding colors and pigments. Molded plastics are used to increase its durability, extend the shelf life of a product and protect it from damage. Molded plastics have desirable qualities that are required in car components and construction materials. Polyvinyl chloride is used to make insulation tapes, cable insulation and other building materials. Polypropylene and Polyethylene are used to make rainwater, and sewage pipes, plumbing, gas distribution pipes, windows, door and flooring tiles, and other products.
Government initiatives like taxation benefits and budgetary plans in regions like India and China to expand the Foreign Direct Investment (FDI) stream has helped in building up the molded plastics market. These regions also offer low-cost labor, which further helps in reducing the overall manufacturing cost for manufacturers of molded plastic. However, this shift has led to an overutilization of various plastic products, thereby affecting their prices. Instability in prices of petrochemical raw materials like styrene, ethylene, and propylene benzene associated with growing environmental concerns with their disposal, may hinder the market sustainability.
Key features of the study:
This report provides an in-depth analysis of the global molded plastic market, and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global molded plastic market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE., Eastman Chemical Company, SABIC, Huntsman Corporation, LyondellBasell Industries N.V, INEOS Group AG, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, Obeikan Investment Group (OIG), and Takween Advanced Industries.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global molded plastic market report caters to various stakeholders in this industry including investors, suppliers, molded plastic manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global molded plastic market
Detailed Segmentation:
Global Molded Plastic Market, By Product
Polyvinyl chloride
Polypropylene
Polystyrene
Low density polyethylene
High density polyethylene
Polyethylene Terephthalate
Engineering Plastic
Global Molded Plastic Market, By Technology Type:
Injection molding
Blow molding
Compression molding
Film insert molding
Gas assist molding
Rotational molding
Structural form molding
Thermoforming
Global Molded Plastic Market, By End Use Industry:
Building and Construction
Electrical and Electronics
Automotive
Packaging
Others
Global Molded Plastic Market, By Region:
North America
By Country:
U.S
Canada
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Country:
Germany
U.K
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
By Country/Region:
Middle East
Africa
Company Profiles
BASF SE
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
Eastman Chemical Company.
SABIC
Huntsman Corporation
LyondellBasell Industries N.V
INEOS Group AG
Chevron Phillips Chemical Company LLC
Reliance Industries Limited
Obeikan Investment Group (OIG)
Takween Advanced Industries
“*” marked represents similar segmentation in other categories in the respective section.