Title: Molded Plastics Market Report – Forecast (2022-2027)
1Molded Plastics MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Molded Plastics Market size is forecast to
reach US427.4 billion by 2027, after growing at
a CAGR of 5.2 during 2022-2027. Molded plastics
is a method of melting plastics pellets as
polyethylene terephthalate, polyvinyl chloride,
polyethylene, polystyrene and others that are
widely used in various end-use industries such as
automotive, building construction, food
beverages sectors for various applications like
packaging, films, wires cables and many more
owing to the high strength, low maintenance
lightweight property.
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- Key Takeaways
- The Asia-Pacific is expected to register a CAGR
of 5.9 during the forecast period (2022-2027).
The increasing demand for molded plastics in
various sectors such as packaging, automotive and
building construction among Asian countries such
as China, India, Japan and South Korea is driving
the molded plastics market. - The emergence of bioplastic at a low cost will
drive the molded plastic market during the
forecast period. - The increase in the demand for sustainable
plastic products based on polyvinyl chloride,
polyethylene and polystyrene in various end-use
industries such as building construction and food
beverages owing to its high strength and
lightweight feature is driving the demand for the
molded plastic market.
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By Distribution Channel- Segment Analysis The
polypropylene Molded Plastics segments accounted
for around 19 of the Molded Plastics Market
share in 2021 and are estimated to grow at a
significant CAGR during the forecast period.
Polypropylene is widely used owing to its high
rigidness and environmental stress cracking
resistance (ESCR). Polyethylene is mostly used
for packaging, healthcare, food beverages and
building construction. The growth in these
industries will eventually drive the molded
plastic market.
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- Molded Plastics Industry Outlook
- ExxonMobil Corporation
- LyondellBasell Industries N.V.
- Atlantis Plastics Inc.
- BASF SE
- China Plastic Extrusion Ltd.
- DowDuPont
- SABIC (Saudi Arabia)
- PSI Molded Plastics
- Eastman Chemical Company
- Mitsubishi Chemical Corporation
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Molded Plastics Market Forecast (2022 - 2027)
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stics-Market-Research-500463
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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