Press release
Global Molded Plastics Market: Ranging End Utility Demand to Boost Advance
View Report Preview:
https://www.transparencymarketresearch.com/molded-plastics-market.html
The worldwide molded plastics market stood at US$ 124.8 Bn in the year 2015, and is expected to reach a valuation of US$ 202.2 Bn toward the end of the forecast period (2016 to 2024). The market is thus prognosticated to rise at a healthy 5.6% CAGR over the mentioned duration.
Application of Packaging to Emerge Leading Segment due to High Demand from End Use
The application of packaging influences the molded plastics market regarding volume and in revenue. This industry is foreseen to remain the most conspicuous purchaser of molded plastics over the forecast period, with the utilization volume adding up to almost 30% more than any other application. The cost of molded plastics utilized for packaging activities has been somewhat higher than that for some other application and this is additionally adding to the growth of the global molded plastics market by value.
Asia Pacific, with nations, for instance, China and India, are expected to push the worldwide molded plastics market by volume, with an evaluated market share of 49% by 2016. This is trailed by Europe and North America and the aggregate income in these two areas together constituted around 29% of the aggregate market by the end of 2016. Asia Pacific is prognosticated to remain the most alluring region for the molded plastics market given that the greater part the worldwide populace and developing markets are in Asia Pacific. Thus, worldwide players have expanded their attention on the locale.
Surge in Fabrication Enterprises in Asia Pacific to Offer Market Opportunity
The promising growth of the healthcare sector is surging the interest for molded plastic packaging for pharmaceuticals, principally fluid medications, and restorative equipment packaging. The dormant properties of plastics, alongside its adaptability, sturdiness, and lightweight, makes it the best choice for pharmaceutical packaging. Besides, packaging medications and medicinal items need to meet stringent universal administrative consistence checks for security. Different evaluations of plastics are utilized to store diverse types of restorative equipment, for instance, thermoformed plastics are used for impermeable seals. The surge in utility of plastic molded material is anticipated to provide impetus to market growth.
Government initiatives like budgetary plans and tax breaks, in regions like China and India, to expand the FDI stream has helped in building up the market for plastics. These areas likewise offer minimal effort, which additionally helps in reduction of the general assembling cost for producers. The advancement of new machines, for instance EBLOW, which is a vitality productive blow forming gear has aided in the growth of the packaging business. The fundamental advantage of this innovation is that it can be combined with the upsides of utilizing the BA 34.2 pressure driven canister machine to offer a mechanical, temperate, and attractive solution for delivering articles of ten to thirty five liter capacity.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=561
The data and information presented in this review are based on a TMR report titled as “Molded Plastics Market (Material Type - Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Polyethylene Terephthalate, Polyethylene Terephthalate; Technology - Injection Molding, Injection Molding, Blow Molding, Thermoforming; Application - Packaging, Consumable & Electronics, Automotive & Transportation, Building & Construction) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Molded Plastics Market: Ranging End Utility Demand to Boost Advance here
News-ID: 1131033 • Views: …
More Releases from Transparency Market Research
Automotive Thermal Management System Market Poised to Reach USD 173.8 Billion by …
The global automotive thermal management system market is entering a high-growth phase, fueled by the rapid electrification of vehicles, stricter emission norms, and rising expectations for vehicle safety, comfort, and efficiency. Valued at US$ 82.6 billion in 2025, the market is projected to nearly double and reach US$ 173.8 billion by 2036, expanding at a robust CAGR of 6.8% from 2026 to 2036.
Thermal management has become a mission-critical function in…
Thermal-Management Exterior Coatings for High-Altitude Aircraft Market to be Wor …
The global Thermal-Management Exterior Coatings for High-Altitude Aircraft Market was valued at US$ 1.8 Bn in 2025 and is projected to reach US$ 9.8 Bn by 2036, expanding at a robust CAGR of 17.5% during the forecast period from 2026 to 2036.
Review critical insights and findings from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86920
This strong growth trajectory reflects the rising importance of advanced exterior coating technologies that ensure aircraft performance, safety,…
Epithelioma Treatment Market Outlook 2035: Rising Skin Cancer Burden, Breakthrou …
The global epithelioma treatment market has entered a decisive growth phase, supported by rising cancer prevalence and rapid therapeutic innovation. In 2024, the market was valued at US$ 5.1 Bn, reflecting the growing demand for advanced diagnostic and therapeutic solutions targeting epithelial-origin tumors. Over the forecast period from 2025 to 2035, the industry is projected to expand at a robust compound annual growth rate (CAGR) of 8.8%, reaching a valuation…
Tablet Hardness Testers Market to Reach USD 427.9 Mn by 2036, Driven by Rising P …
The Tablet Hardness Testers Market is a critical part of the pharmaceutical quality-control ecosystem. Tablet hardness testers are used to measure the mechanical strength of tablets to ensure they can withstand handling, packaging, transportation, and storage without breaking, while still dissolving correctly once ingested. As regulatory oversight becomes stricter and pharmaceutical production expands globally, the demand for accurate and reliable hardness testing equipment continues to rise.
The global Tablet Hardness Testers…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
