Molded plastics market
                     Molded plastics market Trends, Revenue, Competitive Landscape And Developments 
Forecast By 2026
Market Overview
Molded plastics are the type of polymers, which can be molded into any size and shape for the use 
in commercial applications. The use of pigments and other additives enhances the quality of the 
molded plastics. Molded plastics are used in various end-use industries, owing to the characteristics,
such as durability, lightweight, and high chemical resistance. The automobile industry uses molded 
plastic for manufacturing of air flow ducts, engine cover, wheel wells, car fascia, grilles, bumpers, 
and other components.
Extensive expansion and development in the construction, automotive, and packaging industry will 
boot growth in molded plastics market globally. For instance, according to Organization 
Internationale des Constructeurs Automobiles (OICA) the automotive industry increased with a 
growth rate of 4.5% during the period 2015-2016. Molded plastics are used in manufacturing 
automobiles that are environmentally sustainable and low-carbon emission vehicles, which are 
increasingly in demand. The rapid modernization in emerging economies such as India, China, and 
Brazil has led to increasing expansion of packaging industry owing to high outflow and inflow of 
fast moving consumer goods, which will in turn boost growth of molded plastic market. 
Furthermore, electrical and electronic industry has high demand for molded plastics as it is used in 
the manufacturing of electronic devices such as laptops, televisions, computers, and mobile phones.
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Market Dynamics
Asia Pacific was the largest market for injection molding in 2016 and is expected to retain its 
dominance during the forecast period. The high demand from the various end-use industries, such 
as packaging, building and construction, and automobile is expected to result in increasing demand 
for molded plastic market. Moreover, the plastic injection molding process yields higher production 
in considerably less time with minimal production waste, hence, further boosting the growth of 
global molded plastic market.
Detailed Segmentation:
•Global Molded Plastic Market, By Product:
•Polyvinyl chloride
•Polypropylene
•Polystyrene
•Low density polyethylene
•High density polyethylene
•Polyethylene Terephthalate
•Engineering Plastic
•Global Molded Plastic Market, By Technology Type:
•Injection molding
•Blow molding
•Compression molding
•Film insert molding
•Gas assist molding
•Rotational molding
•Structural form molding
•Thermoforming
Key companies covered as a part of this study 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
  Polypropylene,  Obeikan Investment Group (OIG), and Takween Advanced Industries .Owing to 
the insights from this report, marketers and the management authorities of the companies would be 
able to make informed decision regarding their technology up-gradation, future product launch, 
marketing tactics and market expansion.
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