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Molded Plastics Market to Exceed a Valuation of Us$ 260.5 Billion
15 days ago
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Molded Plastics Market to Exceed a Valuation of Us$ 260.5 Billion

The global molded plastics market has reached US$ 165.8 billion in 2022, and is forecast to exceed a valuation of US$ 260.5 billion by 2032, expanding at a CAGR of 4.7% over the said time period. Demand is likely to grow on the back of rising usage of several kinds of polymers in different industries, coupled with augmented use of molded plastics in the agriculture industry, thereby supporting market growth over the assessment period.

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Key findings of the Molded Plastics market study:

  • The report provides a present market outlook on Molded Plastics. Additionally, the Molded Plastics market share is anticipated to grow with a CAGR of 4.7% in the forecast period.

  • Regional breakdown of the Molded Plastics market based on predefined taxonomy.

  • Innovative manufacturing processes implemented by Molded Plastics vendors in detail.

  • Region-wise and country-wise fragmentation of the Molded Plastics market to grasp the revenue, and growth outlook in these areas.

  • Changing preferences among consumers across various regions and countries.

  • Factors (Positive and Negative) impacting the growth of the global Molded Plastics market.

  • Molded Plastics price, market share, and Trends forecast for assessment period 2022-2032

Molded Plastics Industry Research by Category

  • Molded Plastics Market by Material :

    • Polypropylene

    • Polyethylene

    • Polyvinyl Chloride

    • Polystyrene

    • Polyethylene Terephthalate

    • Other Materials

  • Molded Plastics Market by End Use :

    • Packaging

    • Consumables & Electronics

    • Automotive & Transportation

    • Building & Construction

    • Other Applications

  • Molded Plastics Market by Region :

    • North America Molded Plastics Market

    • Latin America Molded Plastics Market

    • Europe Molded Plastics Market

    • East Asia Molded Plastics Market

    • South Asia & Oceania Molded Plastics Market

    • MEA Molded Plastics Market

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What makes this Research different from others?

  • COVID- Impact analysis- The report includes details of the impact of the pandemic on the Molded Plastics market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Molded Plastics companies.

  • Industrial trend analysis- The research covers recent trends in the field of Molded Plastics which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.

  • Molded Plastics Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

The global molded plastics market is largely fragmented, and North American companies are dominating the overall market due to their worldwide presence. Industry players are focusing on improving their R&D capabilities and developing new products.

  • In 2021, BASF set out to increase its polyamides product portfolio for the high-temperature variety by launching a new brand – heat-stabilized Ultramid.

  • In August 2021, LANXESS completed the acquisition of a USA-based leading manufacturer of specialty chemicals – Emerald Kalama Chemical.

Fact.MR has provided detailed information about price points of top manufacturers of molded plastics market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

Market Players:

  • BASF SE

  • E. I. DU PONT DE NEMOURS AND COMPANY

  • ExxonMobil Corp.

  • DuPont de Nemours, Inc.

  • Dow, Inc.

  • Huntsman International LLC

  • Eastman Chemical Company

  • INEOS Group

  • LyondellBasell Industries Holdings B.V.

  • SABIC

  • Magna International, Inc.

  • IAC Group

  • Berry Global, Inc.

  • Master Molded Products Corp.

  • HTI Plastics, Inc.

  • Rutland Plastics

  • AptarGroup, Inc.

  • Lacks Enterprises, Inc.

  • The Rodon Group

  • Heppner Molds

  • Chevron Philips Chemical Company

  • RELIANCE INDUSTRIES LIMITED

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