New York, May 2, 2018: The scope of the report includes a detailed study of global and regional markets for Molded Plastics with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Eastman Chemical Company, BASF SE, SABIC, Huntsman Corporation, LyondellBasell Industries N.V., INEOS Group AG, Reliance Industries Limited, Harwal Group, Chevron Phillips Chemical Company LLC, Al Watania Plastics, Obeikan Investment Group (OIG), and Takween Advanced Industries. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

    The global molded plastics market is set to cross US$ 200 Billion by 2024; Growing at a CAGR of more than 5.5% in the given forecast period.

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    The molded plastics market is segmented on the lines of its material, application, technology and regional. Based on material segmentation the market covers polyethylene terephthalate, polystyrene, polyvinyl chloride, polyethylene and polypropylene material. Under technology segmentation it covers thermoforming, blow molding, injection molding and others. Based on application segmentation it covers building and construction, automotive and transportation, consumable and electronics, packaging and other applications. The molded plasticsmarketis geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    The Molded Plastics Market has been segmented as below:

    By Technology Analysis

    Thermoforming
    Blow molding
    Injection molding
    Others

    By Material Type:

    Polyethylene Terephthalate
    Polystyrene
    Polyvinyl Chloride
    Polyethylene
    Polypropylene

    By Application Analysis

    Building and construction
    Automotive and transportation
    Consumable and electronics
    Packaging
    Other applications

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

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    The major driving factors of molded plastics market are as follows:

    Fast growth in the packaging business.
    Decrease in cost along with technological development in plastic molding technologies.
    Lower oil costs.

    This report provides:

    1) An overview of the global market for molded plastics and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for molded plastics.
    4) Discussion of research and development, and the demand for latest products and new applications.
    5) Comprehensive company profiles of major players in the industry.

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    Source: http://www.financeswire.com/molded-plastics-market-demand-growth-analysis-and-forecast-by-2024