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Published Date: 2016-08-24Number of Pages: 201

Molded Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Molded Plastics Market: Snapshot

Increased oil and gas production activity and associated industrial development, as well as rapid expansion in the construction and packaging industries have contributed significantly to the rise in demand for molded plastic products. Collaboration with multinational players has helped plastic converters develop molded plastics that comply with world-class quality requirements and over the decades, plastics have replaced key materials such as metals, glass, and paper to become an integral part of our everyday life.

The global molded plastics market was valued at US$124.8 bn in 2015 and is projected to reach US$202.2 bn by 2024 at a CAGR of 5.6% therein. In terms of volume, the market is expected expand at a 4.3% CAGR from 2016 to 2024.

 

molded-plastics-market

 

Growing Usage of Molded Plastics in Packaging and Building & Construction

Molded plastics find application in various end-use industries, including packaging, consumables and electronics, automotive and transportation, and building and construction.

The packaging application leads the molded plastics market in terms of volume as well as value. This industry is anticipated to remain the most prominent consumer of molded plastics during the forecast period, with the consumption volume amounting to almost 30% more than any other application. The price of molded plastics used for packaging has been slightly higher than that for any other application and this is also contributing to the growth of the packaging segment by value.

The commercialization of advanced polymers is supporting the demand for molded plastics in the building and construction sector. Transparency Market Research has observed that molded plastic products used for building and construction have been witnessing increased growth and the emerging markets in Asia Pacific are significant contributors to this growth.

Europe and North America Face Maturity, APAC to Present Lucrative Opportunities

Geographically, the molded plastics market has been segmented into five regions: North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. Asia Pacific, with countries such as India and China, led the global molded plastics market by volume, and is anticipated to account for a share of 49% by the end of 2016. This is followed by Europe and North America and the total revenue in these two regions together will constitute around 29% of the total market value by 2016 end.

Asia Pacific is expected to remain the most attractive region for the molded plastics market given that more than half the global population and emerging markets are in Asia Pacific. As a result, international players have increased their focus on the region.

The Middle East and Africa is a fast-growing region, with the GCC leading the market for molded plastics in terms of volume. This regional market is anticipated to expand at a CAGR of 6.5% between 2016 and 2024. Companies such as SABIC in Saudi Arabia are rapidly increasing their capacity for polypropylene, polyethylene, and other polymers to take advantage of untapped avenues.

The markets for molded plastics in North America and Europe are rather mature and provide limited opportunities in terms of untapped potential. However, the CIS region in Europe is a bright spot where the molded plastics market is expected to expand at a faster pace than in other parts of the region.

Key players in the molded plastics market include BASF SE, Eastman Chemical Company, SABIC, Huntsman Corporation, LyondellBasell Industries N.V., INEOS Group AG, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, Harwal Group, Al Watania Plastics, Obeikan Investment Group (OIG), and Takween Advanced Industries.

Section 1 Preface
1.1 Report Scope and Market Segmentation 
1.2 Research Highlights
1.3 Research Objectives
1.4 Key Questions Answered

Section 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Acronyms Used

Section 3 Executive Summary
3.1 Global Molded Plastics Market Size, By Market Value (US$ Bn) and Market Value Share, By Region
3.2 Market Size, Indicative (US$ Bn)
3.3 Top 3 Trends

Section 4 Market Overview
4.1 Segregation Overview
4.2 Plastic Production – Global Scenario
4.3 Drivers and Restraints Snapshot Analysis
4.4 Drivers
4.5 Restraints
4.6 Opportunity Analysis
4.7 Porter’s Analysis
     4.7.1 Threat of Substitutes
     4.7.2 Threat of Buyers
     4.7.3 Threat of New Entrants
     4.7.4 Threat of Suppliers
     4.7.5 Degree of Competition
4.8 Value Chain Analysis
4.9 Global Molded Plastics Market Analysis and Forecasts, 2015 – 2024
4.10 Key Insights

Section 5 Global Molded Plastics Market Analysis and Forecasts, By Material
5.1 Key Findings
5.2 Introduction 
5.3 Key Trends
5.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Material
     5.4.1 Polypropylene
     5.4.2 Polyethylene
     5.4.3 Polyvinyl Chloride
     5.4.4 Polystyrene
     5.4.5 Polyethylene Terephthalate (Preforms)
     5.4.6 Polyethylene Terephthalate (Others)
     5.4.7 Others
5.5 Molded Plastics Market Attractiveness Analysis, By Material Type

Section 6 Global Molded Plastics Market Analysis, By Technology
6.1 Key Findings
6.2 Introduction
6.3 Key Trends
6.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Technology
     6.4.1 Injection Molding (Preforms)
     6.4.2 Injection Molding (Others)
     6.4.3 Blow Molding
     6.4.4 Thermoforming
     6.4.5 Others
6.5 Molded Plastics Market Attractiveness Analysis, By Technology Type 5.11 Bajaj Electricals Ltd. 

Section 7 Global Molded Plastics Market Analysis and Forecasts, By Application
7.1 Key Findings
7.2 Introduction (2/2)
7.3 Key Trends
7.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Application
     7.4.1 Packaging
     7.4.2 Consumable & Electronics
     7.4.3 Automotive & Transportation
     7.4.4 Building & Construction
     7.4.5 Other Applications
7.5 Molded Plastics Market Attractiveness Analysis, By Application
7.6 Application Comparison Matrix

Section 8 Global Molded Plastics Market Analysis, By Region
8.1 Global Regulatory Scenario
8.2 Molded Plastics Market Forecast By Region
8.3 Molded Plastics Market Attractiveness Analysis, By Region Type

Section 9 North America Molded Plastics Market Analysis
9.1 Key Findings
9.2 North America Molded Plastics Market Overview
9.3 North America Market Value Share Analysis, By Material
9.4 North America Molded Plastics Market Forecast By Material Type
9.5 North America Market Value Share Analysis, By Technology
9.6 North America Market Value Share Analysis, By Application
9.7 North America Market Value Share Analysis, By Country
     9.7.1 U.S. Molded Plastics Market Analysis
     9.7.2 Canada Molded Plastics Market Analysis
9.8 North America Market Attractiveness Analysis
     9.8.1 By Material
     9.8.2 By Technology 
     9.8.3 By Application
9.9 North America Market Trends

Section 10 Europe Molded Plastics Market Analysis
10.1 Key Findings
10.2 Europe Molded Plastics Market Overview
10.3 Europe Market Value Share Analysis, By Material
10.4 Europe Molded Plastics Market Forecast By Material Type
10.5 Europe Market Value Share Analysis, By Technology
10.6 Europe Market Value Share Analysis, By Application
10.7 Europe Market Value Share Analysis, By Country
     10.7.1 Germany Molded Plastics Market Analysis
     10.7.2 France Molded Plastics Market Analysis
     10.7.3 U.K. Molded Plastics Market Analysis
     10.7.4 Italy Molded Plastics Market Analysis
     10.7.5 Spain Molded Plastics Market Analysis
     10.7.6 Rest of Europe Molded Plastics Market Analysis
10.8 Europe Market Attractiveness Analysis
     10.8.1 By Material
     10.8.2 By Technology 
     10.8.3 By Application
10.9 Europe Market Trends

Section 11 Asia Pacific Molded Plastics Market Analysis
11.1 Key Findings
11.2 Asia Pacific Molded Plastics Market Overview
11.3 Asia Pacific Market Value Share Analysis, By Material
11.4 Asia Pacific Molded Plastics Market Forecast By Material Type
11.5 Asia Pacific Market Value Share Analysis, By Technology
11.6 Asia Pacific Market Value Share Analysis, By Application
11.7 Asia Pacific Market Value Share Analysis, By Country
     11.7.1 China Molded Plastics Market Analysis
     11.7.2 Japan & South Korea Molded Plastics Market Analysis
     11.7.3 India Molded Plastics Market Analysis
     11.7.4 ASEAN Molded Plastics Market Analysis
     11.7.5 Rest of Asia Pacific Molded Plastics Market Analysis
11.8 Asia Pacific Market Attractiveness Analysis
     11.8.1 By Material
     11.8.2 By Technology 
     11.8.3 By Application
11.9 Asia Pacific Market Trends

Section 12 Middle East & Africa (MEA) Molded Plastics Market Analysis
12.1 Key Findings
12.2 MEA Molded Plastics Market Overview
12.3 MEA Market Value Share Analysis, By Material
12.4 MEA Molded Plastics Market Forecast By Material Type
12.5 MEA Market Value Share Analysis, By Technology
12.6 MEA Market Value Share Analysis, By Application
12.7 MEA Market Value Share Analysis, By Country
     12.7.1 GCC Molded Plastics Market Analysis
     12.7.2 Egypt Molded Plastics Market Analysis
     12.7.3 South Africa Molded Plastics Market Analysis
     12.7.4 Italy Molded Plastics Market Analysis
     12.7.5 Rest of MEA Molded Plastics Market Analysis
12.8 Asia Pacific Market Attractiveness Analysis
     12.8.1 By Material
     12.8.2 By Technology 
     12.8.3 By Application
12.9 Asia Pacific Market Trends

Section 13 Latin America Molded Plastics Market Analysis
13.1 Key Findings
13.2 Latin America Molded Plastics Market Overview
13.3 Latin America Market Value Share Analysis, By Material
13.4 Latin America Molded Plastics Market Forecast By Material Type
13.5 Latin America Market Value Share Analysis, By Technology
13.6 Latin America Market Value Share Analysis, By Application
13.7 Latin America Market Value Share Analysis, By Country
     13.7.1 Brazil Molded Plastics Market Analysis
     13.7.2 Egypt Molded Plastics Market Analysis
     13.7.3 Rest of Latin America Molded Plastics Market Analysis
13.8 Latin America Market Attractiveness Analysis
     13.8.1 By Material
     13.8.2 By Technology 
     13.8.3 By Application
13.9 Latin America Market Trends
13.8 Latin America Market Attractiveness Analysis
     13.8.1 By Material
     13.8.2 By Technology 
     13.8.3 By Application
13.9 Latin America Market Trends

Section 14 Company Profile
14.1 Molded Plastics Market Share Analysis By Company (2015)
14.2 Competition Matrix
14.3 Key Global Players
     14.3.1 BASF SE
             14.3.1.1 Company Details
             14.3.1.2 Company Description
             14.3.1.3 SWOT Analysis
             14.3.1.4 Strategic Overview
     14.3.2 Eastman Chemical Company
             14.3.2.1 Company Details
             14.3.2.2 Company Description
             14.3.2.3 SWOT Analysis
             14.3.2.4 Strategic Overview
     14.3.3 SABIC
             14.3.3.1 Company Details
             14.3.3.2 Company Description
             14.3.3.3 SWOT Analysis
             14.3.3.4 Strategic Overview
     14.3.4 Huntsman Corporation
             14.3.4.1 Company Details
             14.3.4.2 Company Description
             14.3.4.3 SWOT Analysis
             14.3.4.4 Strategic Overview
     14.3.5 LyondellBasell Industries N.V.
             14.3.5.1 Company Details
             14.3.5.2 Company Description
             14.3.5.3 SWOT Analysis
             14.3.5.4 Strategic Overview
     14.3.6 INEOS Group AG
             14.3.6.1 Company Details
             14.3.6.2 Company Description
             14.3.6.3 SWOT Analysis
             14.3.6.4 Strategic Overview
     14.3.7 Chevron Phillips Chemical Company LLC
             14.3.7.1 Company Details
             14.3.7.2 Company Description
             14.3.7.3 SWOT Analysis
             14.3.7.4 Strategic Overview
     14.3.8 Reliance Industries Limited
             14.3.8.1 Company Details
             14.3.8.2 Company Description
             14.3.8.3 SWOT Analysis
             14.3.8.4 Strategic Overview
14.4 Key Regional Players
     14.4.1 Harwal Group
             14.4.1.1 Company Details
             14.4.1.2 Company Description
             14.4.1.3 SWOT Analysis
             14.4.1.4 Strategic Overview
     14.4.2 Rowad Plastic Group
             14.4.2.1 Company Details
             14.4.2.2 Company Description
             14.4.2.3 SWOT Analysis
             14.4.2.4 Strategic Overview
     14.4.3 Al Watania Plastics
             14.4.3.1 Company Details
             14.4.3.2 Company Description
             14.4.3.3 SWOT Analysis
             14.4.3.4 Strategic Overview
     14.4.4 Obeikan Investment Group (OIG)
             14.4.4.1 Company Details
             14.4.4.2 Company Description
             14.4.4.3 SWOT Analysis
             14.4.4.4 Strategic Overview
     14.4.5 Takween Advanced Industries 
             14.4.5.1 Company Details
             14.4.5.2 Company Description
             14.4.5.3 SWOT Analysis
             14.4.5.4 Strategic Overview
     14.4.6 Vishal Beverages Pvt. Ltd.
             14.4.6.1 Company Details
             14.4.6.2 Company Description
             14.4.6.3 SWOT Analysis
             14.4.6.4 Strategic Overview
     14.4.7 THAI PET INDUSTRIAL COMPANY LIMITED
             14.4.7.1 Company Details
             14.4.7.2 Company Description
     14.4.8 Oriyon Molding
             14.4.8.1 Company Details
             14.4.8.2 Company Description
     14.4.9 Tech Plaastic Industrie Private Limited
             14.4.9.1 Company Details
             14.4.9.2 Company Description

List of Figures

Figure 1: Global Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 2: Global Plastics Average Price (US$/ Ton) 2015–2024
Figure 3: Global Molded Plastics Market Value Share Analysis, By Material Type, 2016 and 2024
Figure 4: Polypropylene, 2015 – 2024 (US$ Mn)
Figure 5: Polyethylene, 2015 – 2024 (US$ Mn)
Figure 6: Polyvinyl Chloride, 2015 – 2024 (US$ Mn)
Figure 7: Polystyrene, 2015 – 2024 (US$ Mn)
Figure 8: Polyethylene Terephthalate (Preforms), 2015 – 2024 (US$ Mn)
Figure 9: Polyethylene Terephthalate (Others), 2015 – 2024 (US$ Mn)
Figure 10: Other Materials, 2015 – 2024 (US$ Mn)
Figure 11: Molded Plastics Market Attractiveness Analysis, By Product Type
Figure 13: Injection Molding (Preforms), 2015 – 2024 (US$ Mn)
Figure 14: Injection Molding (Others), 2015 – 2024 (US$ Mn)
Figure 15: Blow Molding, 2015 – 2024 (US$ Mn)
Figure 16: Thermoforming, 2015 – 2024 (US$ Mn)
Figure 17: Others, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 18: Molded Plastics Market Attractiveness Analysis By Technology
Figure 19: Packaging, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 20: Consumable & Electronics, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 21: Automotive & Transportation, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 22: Building & Construction, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 23: Others, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 24: Molded Plastics Market Attractiveness Analysis, By Application
Figure 25: Molded Plastics Market Attractiveness Analysis, By Region Type
Figure 26: North America Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 27: North America Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 28: North America Market Attractiveness Analysis, By Country
Figure 29: North America Market Value Share Analysis, By Material, 2016 and 2024
Figure 30: North America Market Value Share Analysis, By Technology, 2016 and 2024
Figure 31: North America Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 32: North America Market Value Share Analysis, By Country, 2016 and 2024
Figure 33: U.S. Molded Plastics Market Analysis
Figure 34: Canada Molded Plastics Market Analysis
Figure 35: By Material
Figure 36: By Technology
Figure 37: By Application
Figure 38: Europe Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 39: Nor Europe Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 40: Europe Market Attractiveness Analysis, By Country
Figure 41: Europe Market Value Share Analysis, By Material, 2016 and 2024
Figure 42: Europe Market Value Share Analysis, By Technology, 2016 and 2024
Figure 43: Europe Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 44: Europe Market Value Share Analysis, By Country, 2016 and 2024
Figure 45: Germany Molded Plastics Market Analysis
Figure 46: France Molded Plastics Market Analysis
Figure 47: U.K. Molded Plastics Market Analysis
Figure 48: Italy Molded Plastics Market Analysis
Figure 49: Spain Molded Plastics Market Analysis
Figure 50: Rest of Europe Molded Plastics Market Analysis
Figure 51: By Material
Figure 52: By Technology
Figure 53: By Application
Figure 54: Asia Pacific Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 55: Asia Pacific Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 56: Asia Pacific Market Attractiveness Analysis, By Country
Figure 57: Asia Pacific Market Value Share Analysis, By Material, 2016 and 2024
Figure 58: Asia Pacific Market Value Share Analysis, By Technology, 2016 and 2024
Figure 59: Asia Pacific Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 60: Asia Pacific Market Value Share Analysis, By Country, 2016 and 2024
Figure 61: China Molded Plastics Market Analysis
Figure 62: Japan and South Korea Molded Plastics Market Analysis
Figure 63: India Molded Plastics Market Analysis
Figure 63: ASEAN Molded Plastics Market Analysis
Figure 65: Rest of Asia Pacific Molded Plastics Market Analysis
Figure 66: By Material
Figure 67: By Technology
Figure 68: By Application
Figure 69: MEA Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 70: MEA Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 71: MEA Market Attractiveness Analysis, By Country
Figure 72: MEA Market Value Share Analysis, By Material, 2016 and 2024
Figure 73: MEA Market Value Share Analysis, By Technology, 2016 and 2024
Figure 74: MEA Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 75: North America Market Value Share Analysis, By Country, 2016 and 2024
Figure 76: GCC Molded Plastics Market Analysis
Figure 77: Egypt Molded Plastics Market Analysis
Figure 78: South Africa Molded Plastics Market Analysis
Figure 79: Rest of Middle East and Africa Molded Plastics Market Analysis
Figure 80: By Material
Figure 81: By Technology
Figure 82: By Application
Figure 83: Latin America Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 84: Latin America Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 85: Latin America Market Attractiveness Analysis, By Country
Figure 86: Latin America Market Value Share Analysis, By Material, 2016 and 2024
Figure 87: Latin America Market Value Share Analysis, By Technology, 2016 and 2024
Figure 88: Latin America Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 89: Latin America Market Value Share Analysis, By Country, 2016 and 2024
Figure 90: Brazil Molded Plastics Market Analysis
Figure 91: Mexico Molded Plastics Market Analysis
Figure 92: Rest of Latin America Pacific Molded Plastics Market Analysis
Figure 93: By Material
Figure 94: By Technology
Figure 95: By Application
Figure 96: Global Molded Plastics Market Share Analysis, By Company (2015)

 

 

List of Tables

Table 1: Market Size (Kilo Tons) Forecast, By Material
Table 2: Market Revenue (US$ Mn) Forecast, By Material
Table 3: Market Size (Kilo Tons) Forecast, By Technology
Table 4: Market Revenue (US$ Mn) Forecast, By Technology
Table 5: Market Size (Kilo Tons) Forecast By Application
Table 6: Market Revenue (US$ Mn) Forecast By Application
Table 7: Market Size (Kilo Tons) Forecast, By Region
Table 8: Market Revenue (US$ Mn) Forecast, By Region
Table 9: Market Size (Kilo Tons) Forecast By Material
Table 10: Market Revenue (US$ Mn) Forecast By Material
Table 11: Market Size (Kilo Tons) Forecast By Technology
Table 12: Market Revenue (US$ Mn) Forecast By Technology
Table 13: Market Size (Kilo Tons) Forecast By Application
Table 14: Market Revenue (US$ Mn) Forecast By Application
Table 15: Market Size (Kilo Tons) Forecast By Region
Table 16: Market Revenue (US$ Mn) Forecast By Region
Table 17: Market Size (Kilo Tons) Forecast By Material
Table 18: Market Revenue (US$ Mn) Forecast By Material
Table 19: Market Size (Kilo Tons) Forecast By Technology
Table 20: Market Revenue (US$ Mn) Forecast By Technology
Table 21: Market Size (Kilo Tons) Forecast By Application
Table 22: Market Revenue (US$ Mn) Forecast By Application
Table 23: Market Size (Kilo Tons) Forecast By Region
Table 24: Market Revenue (US$ Mn) Forecast By Region
Table 25: Market Size (Kilo Tons) Forecast By Material
Table 26: Market Revenue (US$ Mn) Forecast By Material
Table 27: Market Size (Kilo Tons) Forecast By Technology
Table 28: Market Revenue (US$ Mn) Forecast By Technology
Table 29: Market Size (Kilo Tons) Forecast By Application
Table 30: Market Revenue (US$ Mn) Forecast By Application
Table 31: Market Size (Kilo Tons) Forecast By Region
Table 32: Market Revenue (US$ Mn) Forecast By Region
Table 33: Market Size (Kilo Tons) Forecast By Material
Table 34: Market Revenue (US$ Mn) Forecast By Material
Table 35: Market Size (Kilo Tons) Forecast By Technology
Table 36: Market Revenue (US$ Mn) Forecast By Technology
Table 37: Market Size (Kilo Tons) Forecast By Application
Table 38: Market Revenue (US$ Mn) Forecast By Application
Table 39: Market Size (Kilo Tons) Forecast By Region
Table 40: Market Revenue (US$ Mn) Forecast By Region
Table 41: Market Size (Kilo Tons) Forecast By Material
Table 42: Market Revenue (US$ Mn) Forecast By Material
Table 43: Market Size (Kilo Tons) Forecast By Technology
Table 44: Market Revenue (US$ Mn) Forecast By Technology
Table 45: Market Size (Kilo Tons) Forecast By Application
Table 46: Market Revenue (US$ Mn) Forecast By Application
Table 47: Market Size (Kilo Tons) Forecast By Region
Table 48: Market Revenue (US$ Mn) Forecast By Region

This research study analyzes the market for molded plastics in terms of revenue (US$ Bn). The molded plastics market has been segmented on the basis of material, molding technology, end use applications, and geography. The geographical segmentation includes regions which are further divided into 20countries –in the global molded plastics market. The report features a detailed regional segmentation with market growth forecasts for the 2016−2024 period. For the research, 2015 has been considered as the base year and 2016 is estimated year, while all forecasts have been given for the period from 2016 to 2024. Market data for all the segments has been provided at the regional and country-specific levelsfrom2016 to 2024. The report provides a broad competitive analysis of companies engaged in the development of molded plastics technologies for the molded plastics business. The report also includes key market dynamics such as the drivers, restraints, and opportunities affecting the global molded plastics market. These market dynamics are analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the market with the help of the Porter’s Five Forces Analysis model, which helps in understanding the five major forces that affect the structure and profitability of the global molded plastics market. The forces analyzed are the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, the threat of substitutes, and the degree of competition. 

The high-level analysis in the report provides detailed insights into the molded plastics business globally. There are currently numerous drivers for the market. The most prominent drivers include rapid growth in the packaging industry, decrease in oil prices along with technological advancements in plastic molding technologies. Lower oil prices help petrochemical companies improve margins, and it is becoming apparent that the profit margins of many of the petrochemical companies have improved quite considerably due to low oil prices boosting the demand for molded plastics. Market attractiveness analysis was carried out for the molded plasticsmarket on the basis of material, technology, application, region, and country. Market attractiveness was estimated on the basis of common parameters that directly impact the market.  

On the basis of material, the market has been segmented into polypropylene, polyethylene, polyvinyl chloride, polystyrene, polyethylene terephthalate (preforms), polyethylene terephthalate (others), and others. By molding technology the market has been segmented into injection molding, blow molding, thermoforming, and others (rotomolding andcasting). Furthermore, the molded plastics market has been segmented by various end-use applications, including packaging, consumables& electronics, automotive & transportation, building & construction, and other applications. Growth in PET preform volume is due to high demand in the packaging of food &beverage. The market value for PET preforms is expected to expand at a CAGR of 8.6% between 2016 and 2024.The two major polymers, polypropylene and polyethylene terephthalate, are expected to constitute over 50% of the total molded plastics market share. 

In terms of geography, the market has been segmented into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. China is expected to remain the dominant market in the molded plastics with demand for molded plastic reaching 85,496 kilo tons by 2024. A zero tax agreement between ASEAN and China have created a stable position for ASEAN, which is expected to expand at a CAGR of 7.5% between2016 and 2024

India is one of the fastest-growing economies in the world. Favorable government regulations and emergence of medium and small enterprises in India have contributed significantly to the molded plastics market.

Key players in the molded plasticsmarket areBASF SE, Eastman Chemical Company, SABIC, Huntsman Corporation, LyondellBasell Industries N.V., INEOS Group AG, Chevron Phillips Chemical Company LLC, Reliance Industries Limited, Harwal Group, Al Watania Plastics, Obeikan Investment Group (OIG), and Takween Advanced Industries. The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.

Molded Plastics Market: By Material

  • Polypropylene
  • Polyethylene
  • Polyvinyl Chloride
  • Polystyrene
  • Polyethylene Terephthalate (PET)
  • Others 

Molded Plastics Market: By Technology

  • Injection Molding
  • Blow Molding
  • Thermoforming
  • Others 

Molded Plastics Market: By Application

  • Packaging
  • Consumable & Electronics
  • Automotive & Transportation
  • Building & Construction
  • Other Applications

Molded Plastics Market: By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan and South Korea
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • Egypt
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America