DUBLIN--(BUSINESS WIRE)--The "Molded Plastics Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.
The global market for molded plastics is expected to grow at a CAGR of 4.5% during the forecast period of 2022 to 2030.
Companies Mentioned
- Atlantis Plastics Inc.
- China Plastic Extrusion Ltd.
- DuPont
- Eastman Chemical Company
- GSH Industries
- Mitsubishi Chemical Corporation
- Mitsui Chemicals Inc.
- Petro Packaging Company Inc.
- Pexco LLC.
- PSI Molded Plastics
Molded plastics are non-metallic compounds that have been manufactured synthetically and may be molded into a variety of shapes for use in commercial applications.
These are quite versatile, effective, and bendable, and they can be made more rigid if that is the consistency that is required. These are utilized in the process of constructing smaller components that include an incredible level of detailing and perfection. Because of their high ductility, tensile strength, impact resistance, and moisture resistance, as well as their greater design flexibility, these are used in a variety of applications, including building and construction, automotive and transportation, consumable and electronic products, packaging, and others, including medical, stationary, and textiles.
This is due to the fact that these have greater design flexibility. In addition, these are utilized during the production of automobile fascia, bumpers, grilles, headlight pods, panels, fenders, wheel wells, engine covers, table components, air flow ducts, equipment, and exterior fascia and ornamental panels, and other parts and pieces.
These are put to use in the manufacturing of electrical conduits, rainwater, and sewage pipes, plumbing, gas distribution pipes, storage tanks, flooring tiles and rolls, PVC sheets, insulating membranes, and various other types of construction materials.
The market is expected to be driven by the rising demand for plastic components from a variety of end-use sectors, such as the automobile industry, the packaging industry, the home appliance industry, the electrical and electronics industry, and the medical device industry.
Over the course of the time covered by this estimate, the expansion of the market is anticipated to be hampered by the fluctuating prices of raw materials including benzene, ethylene, propylene, and styrene, as well as by growing concerns surrounding the disposal of these materials.
Market Segmentation Product
- Polyethylene Terephthalate
- Engineering Plastics
- Polyvinyl Chloride
- Polypropylene
- Polystyrene
- Low Density Polyethylene
- High Density Polyethylene
Technology
- Injection Molding
- Blow Molding
- Extrusion
- Others
Application
- Building and Construction
- Automotive
- Electrical and Electronics
- Packaging
- Others
Raw Material
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- High-Density Polyethylene (HDPE)
- Polystyrene (PS)
- Others
Region Segment (2020 - 2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
- Pre Covid-19 situation
- Post Covid-19 situation
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Molded Plastics market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Molded Plastics market?
- Which is the largest regional market for Molded Plastics market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Molded Plastics market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Molded Plastics market worldwide?
For more information about this report visit https://www.researchandmarkets.com/r/89kvkh
