Molded Plastics Market share by applications and regions for 2017- 2024 - PowerPoint PPT Presentation

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Molded Plastics Market share by applications and regions for 2017- 2024

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The Global Molded Plastics Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers. – PowerPoint PPT presentation

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Title: Molded Plastics Market share by applications and regions for 2017- 2024


1
Molded Plastics Market outlook, regional growth
industry share by 2024.
The Molded Plastics Market is likely to grow due
to factors such as growing packaging and
petrochemical industry, using plastics in
manufacturing household care products, use of
plastic components in consumer electronics, and
rise in consumption of molded plastics in the
automotive industry. The process of using a rigid
frame for shaping plastic is called plastic
molding.
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2
  • Overview
  • Molded plastics have various desirable properties
    such as versatility, elasticity, insulation, high
    strength and low maintenance, which are essential
    for construction and automobile components.
    Polyvinyl chloride is used in manufacturing
    insulation tapes, cables, and other construction
    materials. Both Polyethylene and polypropylene
    are used in manufacturing gas pipes, drainage
    pipes, electrical conduits, windows, doors,
    flooring tiles, etc.
  • Global Molded Plastics Market size will
    experience a dynamic growth between 2018-2024
    owing to growing packaging and petrochemical
    industry, using plastics in manufacturing
    household care products, use of plastic
    components in consumer electronics, and rise in
    consumption of molded plastics in the automotive
    industry.
  • The healthcare sector growth is increasing the
    demand for molded plastics packaging for
    pharmaceuticals, liquid drugs, and restorative
    devices. The static properties of the product,
    along with its durability, versatility, and light
    weight, make it a feasible choice for packaging
    medical products. For example, thermoformed
    molded plastics are used for air-tight sealing,
    whereas injection molded plastics is appropriate
    choice for packaging disposable syringes.

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3
Browse Report Summary_at_ https//bit.ly/2rqViyW
  • Global molded plastics market can be segmented
    into different forms based on product,
    technology, application, and topography. By
    product, the molded plastics are classified into
    polyethylene (PE), polyvinyl chloride (PVC),
    polystyrene (PS), polypropylene (PP),
    polyethylene terephthalate (PET), polycarbonate
    and engineering plastics. PE is the most commonly
    used product, mainly due to its significant usage
    in consumer goods, especially in packaging. PET
    segment will witness growth on the account of its
    extensive usage for manufacturing food beverage
    containers. PP has emerged as the largest raw
    material segment owing to its rising penetration
    in finished products like food packaging,
    protective caps in electrical contacts, and
    battery housings are likely to drive its demand
    in the future.
  • Based on technology, the molded plastics market
    is segmented into injection molding, blow
    molding, extrusion, thermoforming, others.
    Extrusion process is relatively economical than
    its other counterparts and majorly deployed in
    bulk manufacturing of bottles and cans. Injection
    molding enable companies to increase their output
    in much shorter period of time with assorted
    moldable designs. The machinery mold cost of
    extrusion is moderately low than that of
    injection blow mold because of low pressure
    requirement which is an extra benefit to
    processing.

_at_ 2017 Global Market Insight, Inc. USA. All
Rights Reserved www.gminsights.com
4
  • 360 Analysis
  • The application areas of the molded plastics
    industry are building construction, automotive
    transport, electronics consumer goods,
    packaging, healthcare, and others such as
    textiles, marines, railways, etc.
  • Increasing plastics usage in automotive parts
    along with surge in passenger and heavy-duty
    commercial vehicle production, especially in Asia
    and LATAM, will likely to propel the molded
    plastics market growth over the forecasted
    period.
  • Lastly, GCC union play a major role in the
    overall expansion of the global molded plastics
    market, representing the alliance of worlds
    leading producers of crude oil and downstream
    petrochemical products, which is a crucial raw
    material required in production of synthetic
    polymers, are the major exporters of raw polymer
    across the globe.

_at_ 2017 Global Market Insight, Inc. USA. All
Rights Reserved www.gminsights.com
5
Competitive Trends
  • The notable industries Molded Plastics Market are
  • Chevron Philips Chemical,
  • Chen Hsong holdings,
  • BASF, Eastman chemical,
  • Sumitomo Heavy Industries,
  • Exxon Mobil,
  • DuPont de Nemours Company,
  • Huntsman, INEOS Group

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6
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