Molded Plastics Market Next Big Thing |Top key players Exxonmobil, Lyondellbasell Industries Holdings B.V., Dowdupont, SABIC, INEOS, China Petroleum Corporation (China), Solvay S.A (Belgium)

Data Bridge Market research has recently released expansive research report with titled "Molded Plastics Market". The report helps out the clients to tackle every strategic aspect including product development, product specification, exploring niche growth opportunities, application modelling, and new geographical markets. Molded Plastics Market report has used numerical and statistical data brought together to produce this report is mostly denoted with the 100+ market data Tables, Pie Charts, graphs, tables and infographics which make this report more user-friendly. All the data and statistics encompassed in this Molded Plastics business document are backed up by latest and proven tools and techniques such as SWOT analysis and Porter's Five Forces Analysis

The Global Molded Plastics Market is expected to reach USD 537.7 million by 2025, from USD 329.8 million in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Molded plastics are the polymers that can be molded in any shape and size which can be used in commercial applications. Their quality is enhanced by using pigments and other additives. They possess favourable characteristics such as high durability, high chemical resistance and light weight. The molded plastics products are used by automobile industry in manufacturing og engine cover, air flow ducts, bumpers and many more. With the rapid growth in automotive, construction, and packaging industry is fuelling the growth of the market. For instance, according to the Organization Internationale des Constructeurs Automobiles (OICA), a growth of 4.5% was seen in automobile industry in 2015-2016.

Competition Analysis:

The key players operating in the global molded plastics market are -

o Exxonmobil
o Lyondellbasell Industries Holdings B.V.
o Dowdupont
o SABIC
o INEOS
o China Petroleum Corporation (China)
o Solvay S.A (Belgium)
o Eastman Chemical Company (U.S.)
o Formosa Plastics Group (FPG) (Taiwan)
o Chevron Corporation (U.S.)
o Versalis (Italy)
o BASF SE (Germany)
o Hanwha Group (South Korea)
o Reliance Industries (India)
o Westlake Chemical (texas)
o Haldia Petrochemicals (India)
o AGC Chemicals (Exton)
o Chemours Company (U.S.)

The titled segments and sub-section of the market are illuminated below:

Global Molded Plastics Market, By Technology (Blow Molding, Injection Molding, Extrusion Molding, Rotational Molding, Thermoforming)

Type (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polystyrene, Polyurethane)

Application (Packaging, Automotive & Transportation, Construction & Infrastructure, Agriculture, Pharmaceutical, Electronics & Electrical)

Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)

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The global molded plastics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of molded plastics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. For instance, in August 2014, Pexco company bought Custom Extrusion Inc to expand its plastic business in different regions of. With this acquisition, the company expanded its workfore to produce more plastic products.

Let's know why the report is worth considering-

o Utilizes Powerful Tools and Methodologies-: The Molded Plastics Market has been evaluated and analyzed utilizing various powerful market research tool and methodologies such as SWOT analysis, income feasibility analysis, PEST analysis and PORTER's Five Forces analysis. These tools analyze the competitive forces prevailing in the market which somehow affects the market growth.

o Performs Competitive Analysis: The Molded Plastics Market report incorporates the detailed analysis of the leading organizations and their thought process and what are the methodologies they are adopting to maintain their brand image in this market. The report aides the new bees to understand the level of competition that they need to fight for to strengthen their roots in this competitive market.

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