ID: MRFR/CnM/4934-HCR | August 2022 | Region: Global | 100 Pages
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porterβs Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5 Market Dynamics of Global Molded Plastic Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Material
6. Global Molded Plastic Market, by Material
6.1 Introduction
6.2 Polyvinyl Chloride
6.2.1 Market Estimates & Forecast, 2020β2027
6.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.3 Polypropylene
6.3.1 Market Estimates & Forecast, 2020β2027
6.3.2 Market Estimates & Forecast, by Region, 2020β2027
6.4 Polystyrene
6.4.1 Market Estimates & Forecast, 2020β2027
6.4.2 Market Estimates & Forecast, by Region, 2020β2027
6.5 Polyethylene Terephthalate
6.5.1 Market Estimates & Forecast, 2020β2027
6.5.2 Market Estimates & Forecast, by Region, 2020β2027
6.6 Others
6.6.1 Market Estimates & Forecast, 2020β2027
6.6.2 Market Estimates & Forecast, by Region, 2020β2027
7. Global Molded Plastic Market, by Technology
7.1 Introduction
7.2 Injection Molding
7.2.1 Market Estimates & Forecast, 2020β2027
7.2.2 Market Estimates & Forecast, by Region, 2020β2027
7.3 Blow Molding
7.3.1 Market Estimates & Forecast, 2020β2027
7.3.2 Market Estimates & Forecast, by Region, 2020β2027
7.4 Extrusion
7.4.1 Market Estimates & Forecast, 2020β2027
7.4.2 Market Estimates & Forecast, by Region, 2020β2027
7.5 Thermoforming
7.5.1 Market Estimates & Forecast, 2020β2027
7.5.2 Market Estimates & Forecast, by Region, 2020β2027
7.6 Others
7.6.1 Market Estimates & Forecast, 2020β2027
7.6.2 Market Estimates & Forecast, by Region, 2020β2027
8. Global Molded Plastic Market, by Application
8.1 Introduction
8.2 Building and Construction
8.2.1 Market Estimates & Forecast, 2020β2027
8.2.2 Market Estimates & Forecast, by Region, 2020β2027
8.3 Automotive
8.3.1 Market Estimates & Forecast, 2020β2027
8.3.2 Market Estimates & Forecast, by Region, 2020β2027
8.4 Electrical and Electronics
8.4.1 Market Estimates & Forecast, 2020β2027
8.4.2 Market Estimates & Forecast, by Region, 2020β2027
8.5 Packaging
8.5.1 Market Estimates & Forecast, 2020β2027
8.5.2 Market Estimates & Forecast, by Region, 2020β2027
8.6 Others
8.6.1 Market Estimates & Forecast, 2020β2027
8.6.2 Market Estimates & Forecast, by Region, 2020β2027
9. Global Molded Plastic Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, 2020β2027
9.2.2 Market Estimates & Forecast, by Material, 2020β2027
9.2.3 Market Estimates & Forecast, by Technology, 2020β2027
9.2.4 Market Estimates & Forecast, by Application, 2020β2027
9.2.5 US
9.2.5.1 Market Estimates & Forecast, 2020β2027
9.2.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.2.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.2.5.4 Market Estimates & Forecast, by Application, 2020β2027
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast, 2020β2027
9.2.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.2.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.2.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.3 Europe
9.3.1 Market Estimates & Forecast, 2020β2027
9.3.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.5 Germany
9.3.5.1 Market Estimates & Forecast, 2020β2027
9.3.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.5.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.6. France
9.3.6.1 Market Estimates & Forecast, 2020β2027
9.3.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.7 Italy
9.3.7.1 Market Estimates & Forecast, 2020β2027
9.3.7.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.7.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.7.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.8 Spain
9.3.8.1 Market Estimates & Forecast, 2020β2027
9.3.8.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.8.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.8.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.9 UK
9.3.9.1 Market Estimates & Forecast, 2020β2027
9.3.9.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.9.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.9.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.10 Russia
9.3.10.1 Market Estimates & Forecast, 2020β2027
9.3.10.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.10.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.10.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.11 Poland
9.3.11.1 Market Estimates & Forecast, 2020β2027
9.3.11.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.11.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.11.4 Market Estimates & Forecast, by Application, 2020β2027
9.3.12 Rest of Europe
9.3.12.1 Market Estimates & Forecast, 2020β2027
9.3.12.2 Market Estimates & Forecast, by Material, 2020β2027
9.3.12.3 Market Estimates & Forecast, by Technology, 2020β2027
9.3.12.4 Market Estimates & Forecast, by Application, 2020β2027
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, 2020β2027
9.4.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.4 Market Estimates & Forecast, by Application, 2020β2027
9.4.5 China
9.4.5.1 Market Estimates & Forecast, 2020β2027
9.4.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.5.3 Market Estimates & Forecast, by Application, 2020β2027
9.4.6 India
9.4.6.1 Market Estimates & Forecast, 2020β2027
9.4.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.4.7 Japan
9.4.7.1 Market Estimates & Forecast, 2020β2027
9.4.7.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.7.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.7.4 Market Estimates & Forecast, by Application, 2020β2027
9.4.8 Australia & New Zealand
9.4.8.1 Market Estimates & Forecast, 2020β2027
9.4.8.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.8.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.8.4 Market Estimates & Forecast, by Application, 2020β2027
9.4.9 Rest of Asia-Pacific
9.4.9.1 Market Estimates & Forecast, 2020β2027
9.4.9.2 Market Estimates & Forecast, by Material, 2020β2027
9.4.9.3 Market Estimates & Forecast, by Technology, 2020β2027
9.4.9.4 Market Estimates & Forecast, by Application, 2020β2027
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, 2020β2027
9.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.4 Market Estimates & Forecast, by Application, 2020β2027
9.5.5 GCC
9.5.5.1 Market Estimates & Forecast, 2020β2027
9.5.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.5.4 Market Estimates & Forecast, by Application, 2020β2027
9.5.6 Israel
9.5.6.1 Market Estimates & Forecast, 2020β2027
9.5.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.5.7 North Africa
9.5.7.1 Market Estimates & Forecast, 2020β2027
9.5.7.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.7.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.7.4 Market Estimates & Forecast, by Application, 2020β2027
9.5.8 Turkey
9.5.8.1 Market Estimates & Forecast, 2020β2027
9.5.8.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.8.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.8.4 Market Estimates & Forecast, by Application, 2020β2027
9.5.9 Rest of the Middle East & Africa
9.5.9.1 Market Estimates & Forecast, 2020β2027
9.5.9.2 Market Estimates & Forecast, by Material, 2020β2027
9.5.9.3 Market Estimates & Forecast, by Technology, 2020β2027
9.5.9.4 Market Estimates & Forecast, by Application, 2020β2027
9.6 Latin America
9.6.1 Market Estimates & Forecast, 2020β2027
9.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.6.5 Brazil
9.6.5.1 Market Estimates & Forecast, 2020β2027
9.6.5.2 Market Estimates & Forecast, by Material, 2020β2027
9.6.5.3 Market Estimates & Forecast, by Technology, 2020β2027
9.6.5.4 Market Estimates & Forecast, by Application, 2020β2027
9.6.6 Mexico
9.6.6.1 Market Estimates & Forecast, 2020β2027
9.6.6.2 Market Estimates & Forecast, by Material, 2020β2027
9.6.6.3 Market Estimates & Forecast, by Technology, 2020β2027
9.6.6.4 Market Estimates & Forecast, by Application, 2020β2027
9.6.7 Argentina
9.6.7.1 Market Estimates & Forecast, 2020β2027
9.6.7.2 Market Estimates & Forecast, by Material, 2020β2027
9.6.7.3 Market Estimates & Forecast, by Technology, 2020β2027
9.6.7.4 Market Estimates & Forecast, by Application, 2020β2027
9.6.8 Rest of Latin America
9.6.8.1 Market Estimates & Forecast, 2020β2027
9.6.8.2 Market Estimates & Forecast, by Material, 2020β2027
9.6.8.3 Market Estimates & Forecast, by Technology, 2020β2027
9.6.8.4 Market Estimates & Forecast, by Application, 2020β2027
10. Company Landscape
10.1 Introduction
10.2 Market Strategy
10.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
11. Company Profiles
11.1 BASF SE
11.1.1 Company Overview
11.1.2 Financial Updates
11.1.3 Product/Business Segment Overview
11.1.4 Strategy
11.1.5 Key Developments
11.1.6 SWOT Analysis
11.2 Harwal Group of Companies
11.2.1 Company Overview
11.2.2 Financial Updates
11.2.3 Product/Business Segment Overview
11.2.4 Strategy
11.2.5 Key Developments
11.2.6 SWOT Analysis
11.3 DuPont
11.3.1 Company Overview
11.3.2 Financial Updates
11.3.3 Product/Business Segment Overview
11.3.4 Strategy
11.3.5 Key Developments
11.3.6 SWOT Analysis
11.4 HTI Plastics
11.4.1 Company Overview
11.4.2 Financial Updates
11.4.3 Product/Business Segment Overview
11.4.4 Strategy
11.4.5 Key Developments
11.4.6 SWOT Analysis
11.5 Eastman Chemical Company
11.5.1 Company Overview
11.5.2 Financial Updates
11.5.3 Product/Business Segment Overview
11.5.4 Strategy
11.5.5 Key Developments
11.5.6 SWOT Analysis
11.6 INEOS
11.6.1 Company Overview
11.6.2 Financial Updates
11.6.3 Product/Business Segment Overview
11.6.4 Strategy
11.6.5 Key Developments
11.6.6 SWOT Analysis
11.7 LyondellBasell Industries Holdings BV
11.7.1 Company Overview
11.7.2 Financial Updates
11.7.3 Product/Business Segment Overview
11.7.4 Strategy
11.7.5 Key Developments
11.7.6 SWOT Analysis
11.8 Reliance Industries Limited
11.8.1 Company Overview
11.8.2 Financial Updates
11.8.3 Product/Business Segment Overview
11.8.4 Strategy
11.8.5 Key Developments
11.8.6 SWOT Analysis
11.9 SABIC
11.9.1 Company Overview
11.9.2 Financial Updates
11.9.3 Product/Business Segment Overview
11.9.4 Strategy
11.9.5 Key Developments
11.9.6 SWOT Analysis
11.10 Exxon Mobil Corporation
11.10.1 Company Overview
11.10.2 Financial Updates
11.10.3 Product/Business Segment Overview
11.10.4 Strategy
11.10.5 Key Developments
11.10.6 SWOT Analysis
11.11 Magna International Inc.
11.11.1 Company Overview
11.11.2 Financial Updates
11.11.3 Product/Business Segment Overview
11.11.4 Strategy
11.11.5 Key Developments
11.11.6 SWOT Analysis
11.12 Takween Advanced Industries
11.12.1 Company Overview
11.12.2 Financial Updates
11.12.3 Product/Business Segment Overview
11.12.4 Strategy
11.12.5 Key Developments
11.12.6 SWOT Analysis
12. Conclusion
LIST OF TABLES
Table 1 Global Molded Plastic Market, by Region, 2020β2027
Table 2 North America: Molded Plastic Market, by Country, 2020β2027
Table 3 Europe: Molded Plastic Market, by Country, 2020β2027
Table 4 Asia-Pacific: Molded Plastic Market, by Country, 2020β2027
Table 5 Middle East & Africa: Molded Plastic Market, by Country, 2020β2027
Table 6 Latin America: Molded Plastic Market, by Country, 2020β2027
Table 7 Global Molded Plastic Material Market, by Regions, 2020β2027
Table 8 North America: Molded Plastic Material Market, by Country, 2020β2027
Table 9 Europe: Molded Plastic Material Market, by Country, 2020β2027
Table10 Asia-Pacific: Molded Plastic Material Market, by Country, 2020β2027
Table11 Middle East & Africa: Molded Plastic Material Market, by Country, 2020β2027
Table12 Latin America: Molded Plastic Material Market, by Country, 2020β2027
Table13 Global Molded Plastic Technology Market, by Regions, 2020β2027
Table14 North America: Molded Plastic by Technology Market, by Country, 2020β2027
Table15 Europe: Molded Plastic Technology Market, by Country, 2020β2027
Table16 Asia-Pacific: Molded Plastic Technology Market, by Country, 2020β2027
Table17 Middle East & Africa: Molded Plastic Technology Market, by Country, 2020β2027
Table18 Latin America: Molded Plastic Technology Market, by Country, 2020β2027
Table19 Global Molded Plastic Application Market, by Regions, 2020β2027
Table20 North America: Molded Plastic Application Market, by Country, 2020β2027
Table21 Europe: Molded Plastic Application Market, by Country, 2020β2027
Table22 Asia-Pacific: Molded Plastic Application Market, by Country, 2020β2027
Table23 Middle East & Africa: Molded Plastic Application Market, by Country, 2020β2027
Table24 Latin America: Molded Plastic Application Market, by Country, 2020β2027
Table25 Global Material Market, by Region, 2020β2027
Table26 Global Technology Market, by Region, 2020β2027
Table27 Global Application Market, by Region, 2020β2027
Table28 North America: Molded Plastic Market, by Country, 2020β2027
Table29 North America: Molded Plastic Market, by Material, 2020β2027
Table30 North America: Molded Plastic Market, by Technology, 2020β2027
Table31 North America: Molded Plastic Market, by Application, 2020β2027
Table32 Europe: Molded Plastic Market, by Country, 2020β2027
Table33 Europe: Molded Plastic Market, by Material, 2020β2027
Table34 Europe: Molded Plastic Market, by Technology, 2020β2027
Table35 Europe: Molded Plastic Market, by Application, 2020β2027
Table36 Asia-Pacific: Molded Plastic Market, by Country, 2020β2027
Table37 Asia-Pacific: Molded Plastic Market, by Material, 2020β2027
Table38 Asia-Pacific: Molded Plastic Market, by Technology, 2020β2027
Table39 Asia-Pacific: Molded Plastic Market, by Application, 2020β2027
Table40 Middle East & Africa: Molded Plastic Market, by Country, 2020β2027
Table41 Middle East & Africa: Molded Plastic Market, by Material, 2020β2027
Table42 Middle East & Africa: Molded Plastic Market, by Technology, 2020β2027
Table43 Middle East & Africa: Molded Plastic Market, by Application, 2020β2027
Table44 Latin America: Molded Plastic Market, by Country, 2020β2027
Table45 Latin America: Molded Plastic Market, by Material, 2020β2027
Table46 Latin America: Molded Plastic Market, by Technology, 2020β2027
Table47 Latin America: Molded Plastic Market, by Application, 2020β2027
LIST OF FIGURES
FIGURE 1 Global Molded Plastic Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Molded Plastic Market
FIGURE 4 Value Chain of Global Molded Plastic Market
FIGURE 5 Share of Global Molded Plastic Market in 2020, by Country (%)
FIGURE 6 Global Molded Plastic Market, 2020β2027
FIGURE 7 Global Molded Plastic Market Size, by Material, 2020
FIGURE 8 Share of Global Molded Plastic Market, by Material, 2020β2027
FIGURE 9 Global Molded Plastic Market Size, by Technology, 2020
FIGURE 10 Share of Global Molded Plastic Market, by Technology, 2020β2027
FIGURE 11 Global Molded Plastic Market Size, by Application, 2020
FIGURE 12 Share of Global Molded Plastic Market, by Application, 2020β2027
$265.1 Billion
4.6%
Asia-Pacific
2021-2028
Molded Plastic Market Overview
In 2020 the molded plastics market size was valued at USD 265.1 billion globally and was predicted to expand at a CAGR of 4.6% from 2021 to 2028.
Molded plastic materials are synthetic materials that are molded to form various shapes based on their fiction and their use. Use of various coloring and other additives that enhances the quality of the molded plastics are used in various industries looking for their durability, lightweight and chemical resistance. The growth of the molded plastic market is operated by the sudden rise in the use of these in the packaging industry for household care products, fast-moving consumer goods, and consumer electronics. The sudden growth of the electrical and electronics, automotive, construction, and packaging industries is expected to boost the demand during the molded plastics forecast period.
The molded plastics are used in the electrical and electronics industry, such as in laptops, televisions, computers and mobile phones, have experienced substantial growth in recent times. These are also used in automotive applications like engine covers, car fascia, grilles, air flow ducts and bumpers. The use of these molded plastics has increased with the rise of environmentally sustainable and low carbon-emitting vehicles, which has increased the use of molded plastics in the manufacturing of automobiles to reduce the vehicle weight and increase fuel economy.
Covid-19 analysis
The molded plastic market is expected to show mixed growth due to the rise in demand from packaging and medical application, whereas their demand would decrease drastically for applications such as automotive, building and construction, electrical and electronics and others. The automotive industry is estimated to hit a different level due to the changing government regulations and the sudden decrease in the demand for automobiles in pandemic situations. The production of automobiles is severely affected due to the global pandemic covid-19. According to an international organization of motor vehicles, there was a 16% drop in world auto production. There was seen a downfall in the molded plastic market growth as there was a disruption in the supply chain and a decrease in automotive sales due to covid-19. The breakage in the supply chain was majorly caused due to lockdowns in various regions by the government.
Chief Factors Existing In The Market
Cumulative Evaluation Of The Market
In 2020 the molded plastics market size was valued at USD 265.1 billion globally and was predicted to expand at a CAGR of 4.6% from 2021 to 2028. The rising demand for plastic components from various end-use industries, including automotive, packaging, home appliances, electrical and electronics, and medical devices, is estimated to operate the market. The modern innovations to minimize the rate of faulty production have enhanced the importance of molded technology in the mass production of complicated plastic shapes.
Market Segmentation
The global molded plastic market has been divided by material, technology, application, and region.
Under the type, the market has been divided into polypropylene, polyvinylchloride, polystyrene, polyethylene, polyethylene terephthalate, and others.
Under the basis of application, the market has been divided into packaging, electronics, building and construction, automotive, and others.
Under the technology, the market has been divided into injection molding, blow molding, thermoforming, extrusion molding, and others.
The molded plastic market has been divided, by region, into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa globally.
Regional Analysis
According to the molded market analysis, Asia-Pacific dominated the global molded plastics market in 2017 due to the increase in the adoption in the packaging, building and construction, and automotive industries in the region. The increasing need for environmentally sustainable vehicles with low carbon emissions has increased the use of molded plastics in the manufacturing of lightweight and fuel-efficient automobiles. The sudden growth of economies in regions such as China, India, and several Asian countries has led to a rise in demand for molded plastics in various industries. There are several manufacturers who are shifting operations to countries such as China, India, and Indonesia. This connected the economic growth and a rise in population, which is expected to enhance and operate market growth in that region.
On account of the expanding aerospace and defense industry with the presence of established key aircraft OEMs such as Dassault Aviation, BAE Systems, and Airbus Group, the European market is expected to grow. The Molded plastic is used in the aviation industry for battery housings, circuit boxes, connectors, knobs, and pitot tubes. The reviving automotive industry with the increase in the production of lightweight vehicles is estimated to boost the demand for molded plastics in the region. North America is another leading region for the molded plastic market owing to the recovery in well-established industries such as construction, automotive, and electronics.
The Latin American market is having considerable growth with increasing product demand in the packaging industry. The use of rigid plastic has heightened as it is non-corrosive, lightweight, and inexpensive, which is likely to drive the market growth in the region.
The market in the Middle East & Africa is likely to show important growth during the estimated period owing to the expansion of the building and construction industry and rapid industrialization in the region.
Competitive Intensity Within The Industry
The major key players of molded plastic market who are leading the market growth and are the competitors in the market are BASF SE, Dow Inc., DuPont, HTI Plastic, Lyondell Basell, Coastal Plastic Molding, Huntsman Corporation, Magna International Inc.
Recent Market Developments
February 24, 2020 - Lumax Auto Technologies Ltd. (India), a leading maker of auto components, announced the acquisition of roto molded plastic business of OK Play India Ltd. OK Play is one of the largest manufacturers of plastic molded toys, fun-stations, playground equipment, and children’s furniture in India. The deal will provide Lumax Auto Technologies Ltd with access to the latest rota molding technologies. The acquisition would also allow the company to explore fast-emerging growth opportunities in the automotive rota molded plastic fuel tanks market for commercial vehicles, tractors, and off-road vehicles.
In 2020 SABIC established its new PP plant in the Netherlands. It will help in supplying PP resins for the automotive and packaging industries.
In 2019 LyondellBasell established a new manufacturing site for PP compounds in China. This site will have a capacity of 20 KTPA.
Report overview
This report includes all the data of the market such as market overview, covid analysis, market dynamics, market segmentation, the regional analysis,molded plastic market outlook, the competitive landscape, report overview and recent development of the market.
Key industrial segments
By type:
By Application:
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant Value |
CAGR | Substantial CAGR (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Material, technology, application |
Geographies Covered | North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. |
Key Vendors | BASF SE (Germany), Harwal Group of Companies (UAE), DuPont (US), HTI Plastics (US), Eastman Chemical Company (US), INEOS (UK), LyondellBasell Industries Holdings BV (Netherlands), Reliance Industries Limited (India), SABIC (Saudi Arabia), Exxon Mobil Corporation (US), Magna International Inc. (Canada), and Takween Advanced Industries (Saudi Arabia). |
Key Market Opportunities | rise in the demand for environmentally sustainable and low carbon emitting vehicles |
Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
Molded plastic are extensively used various applications including, packaging, electronics, and construction.
Growth in the packaging and construction industry.
Asia Pacific holds the largest share in the global molded plastic market followed by Europe and North America, respectively.
Harwal Group of Companies (UAE), BASF SE (Germany), DuPont (US), Eastman Chemical Company (US), HTI Plastics (US), INEOS (UK), Reliance Industries Limited (India), LyondellBasell Industries Holdings BV (Netherlands), SABIC (Saudi Arabia), Magna International Inc. (Canada), Exxon Mobil Corporation (US), and Takween Advanced Industries (Saudi Arabia), are some of the major players operating in the global molded plastic market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global molded plastic market adopt to gain a larger competitive advantage.