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Global Molded Plastics Market Report 2018,China dominated the molded plastics market in terms of revenue | key Players-Al Watania Plastics, CNPC, Harwal Group, HTI Plastics, INEOS Group, Magna International Inc., Molded Plastic Industries, Obeikan Investm
Global Molded Plastics Market
In the Whole Milk Powder Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
Browse the complete report and table of contents @ https://www.researchcosmos.com/reports/global-molded-plastics-market-trends-competitive-dynamics-and-key-growth-opportunities-2015-to-202/481102876
Global Molded Plastics Market-Drivers and Restraints:
The molded plastics market is expected to grow due to factors such as growth of the packaging industry, ongoing practice of using plastics in manufacturing household care products, increase in use of plastic components in consumer electronics, and rise in consumption of plastics in the automotive industry. Molded plastics are used in automobiles due to greater design flexibility and lightweight. Molded plastics have the desirable properties, which are prerequisites in building materials and automobile components. Polyvinyl chloride is used for manufacturing cable insulation, insulation tapes, and other construction materials. Polyethylene and polypropylene are used to produce electrical conduits, rain water & sewage pipes, plumbing, gas distributions pipes, tanks, windows & doors, flooring tiles & rolls, and others. Such advantages of the products bolster the demand for global molded plastics market.
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Global Molded Plastics Market-Geographical Segmentation:
The Molded Plastics Market is geographically segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the largest revenue contributor to the global market, due to the increase in adoption of molded plastics in packaging, building & construction, and automotive industries in the region. China dominated the molded plastics market in terms of revenue, accounting for 57.7% share in the Asia-Pacific region in 2016. The shift of manufacturing hubs in countries such as China, India, Indonesia, and others due to economic growth and rise in population is expected to boost the market growth in the Asia-Pacific region.
Key Players in Global Molded Plastics Market
Al Watania Plastics, CNPC, Harwal Group, HTI Plastics, INEOS Group, Magna International Inc., Molded Plastic Industries, Obeikan Investment Group (OIG), Takween Advanced Industries, The Dow Chemical Company, BASF SE, Chevron Philips Chemical Company, Huntsman Corporation, INEOS Group AG, LyondellBasell Industries N.V., Reliance Industries Limited, and SABIC.
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About Us:
Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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