A multitude of factors are helping the Global Molded Plastics Market chart a notable growth trajectory over the forecast period of 2016 to 2024. Some of the industries that are growing, driving the demand for molded plastics, are consumable and electronics, building and construction, and automotive and transportation. And, as the Global Molded Plastics Market grows, the landscape would be market by new growth opportunities that players who are active and aggressive will leave no stone unturned to make the most of.
Some of the notable developments and factors that are helping the Global Molded Plastics Market chart the projected growth over the forecast period are elaborated below.
Increased oil and gas production activity and associated industrial development, as well as rapid expansion in the construction and packaging industries have contributed significantly to the rise in demand for molded plastic products. Collaboration with multinational players has helped plastic converters develop molded plastics that comply with world-class quality requirements and over the decades, plastics have replaced key materials such as metals, glass, and paper to become an integral part of our everyday life.
The global molded plastics market was valued at US$124.8 bn in 2015 and is projected to reach US$202.2 bn by 2024 at a CAGR of 5.6% therein. In terms of volume, the market is expected expand at a 4.3% CAGR from 2016 to 2024.
Molded plastics find application in various end-use industries, including packaging, consumables and electronics, automotive and transportation, and building and construction.
The packaging application leads the molded plastics market in terms of volume as well as value. This industry is anticipated to remain the most prominent consumer of molded plastics during the forecast period, with the consumption volume amounting to almost 30% more than any other application. The price of molded plastics used for packaging has been slightly higher than that for any other application and this is also contributing to the growth of the packaging segment by value.
The commercialization of advanced polymers is supporting the demand for molded plastics in the building and construction sector. Transparency Market Research has observed that molded plastic products used for building and construction have been witnessing increased growth and the emerging markets in Asia Pacific are significant contributors to this growth.
Geographically, the molded plastics market has been segmented into five regions: North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. Asia Pacific, with countries such as India and China, led the global molded plastics market by volume, and is anticipated to account for a share of 49% by the end of 2016. This is followed by Europe and North America and the total revenue in these two regions together will constitute around 29% of the total market value by 2016 end.
Asia Pacific is expected to remain the most attractive region for the molded plastics market given that more than half the global population and emerging markets are in Asia Pacific. As a result, international players have increased their focus on the region.
The Middle East and Africa is a fast-growing region, with the GCC leading the market for molded plastics in terms of volume. This regional market is anticipated to expand at a CAGR of 6.5% between 2016 and 2024. Companies such as SABIC in Saudi Arabia are rapidly increasing their capacity for polypropylene, polyethylene, and other polymers to take advantage of untapped avenues.
The markets for molded plastics in North America and Europe are rather mature and provide limited opportunities in terms of untapped potential. However, the CIS region in Europe is a bright spot where the molded plastics market is expected to expand at a faster pace than in other parts of the region.
Key players in the molded plastics market 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 Plastics, Obeikan Investment Group (OIG), and Takween Advanced Industries.
Section 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
1.3 Research Objectives
1.4 Key Questions Answered
Section 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Acronyms Used
Section 3 Executive Summary
3.1 Global Molded Plastics Market Size, By Market Value (US$ Bn) and Market Value Share, By Region
3.2 Market Size, Indicative (US$ Bn)
3.3 Top 3 Trends
Section 4 Market Overview
4.1 Segregation Overview
4.2 Plastic Production – Global Scenario
4.3 Drivers and Restraints Snapshot Analysis
4.4 Drivers
4.5 Restraints
4.6 Opportunity Analysis
4.7 Porter’s Analysis
4.7.1 Threat of Substitutes
4.7.2 Threat of Buyers
4.7.3 Threat of New Entrants
4.7.4 Threat of Suppliers
4.7.5 Degree of Competition
4.8 Value Chain Analysis
4.9 Global Molded Plastics Market Analysis and Forecasts, 2015 – 2024
4.10 Key Insights
Section 5 Global Molded Plastics Market Analysis and Forecasts, By Material
5.1 Key Findings
5.2 Introduction
5.3 Key Trends
5.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Material
5.4.1 Polypropylene
5.4.2 Polyethylene
5.4.3 Polyvinyl Chloride
5.4.4 Polystyrene
5.4.5 Polyethylene Terephthalate (Preforms)
5.4.6 Polyethylene Terephthalate (Others)
5.4.7 Others
5.5 Molded Plastics Market Attractiveness Analysis, By Material Type
Section 6 Global Molded Plastics Market Analysis, By Technology
6.1 Key Findings
6.2 Introduction
6.3 Key Trends
6.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Technology
6.4.1 Injection Molding (Preforms)
6.4.2 Injection Molding (Others)
6.4.3 Blow Molding
6.4.4 Thermoforming
6.4.5 Others
6.5 Molded Plastics Market Attractiveness Analysis, By Technology Type 5.11 Bajaj Electricals Ltd.
Section 7 Global Molded Plastics Market Analysis and Forecasts, By Application
7.1 Key Findings
7.2 Introduction (2/2)
7.3 Key Trends
7.4 Market Size (Kilo Tons) (US$ Mn) Forecast, By Application
7.4.1 Packaging
7.4.2 Consumable & Electronics
7.4.3 Automotive & Transportation
7.4.4 Building & Construction
7.4.5 Other Applications
7.5 Molded Plastics Market Attractiveness Analysis, By Application
7.6 Application Comparison Matrix
Section 8 Global Molded Plastics Market Analysis, By Region
8.1 Global Regulatory Scenario
8.2 Molded Plastics Market Forecast By Region
8.3 Molded Plastics Market Attractiveness Analysis, By Region Type
Section 9 North America Molded Plastics Market Analysis
9.1 Key Findings
9.2 North America Molded Plastics Market Overview
9.3 North America Market Value Share Analysis, By Material
9.4 North America Molded Plastics Market Forecast By Material Type
9.5 North America Market Value Share Analysis, By Technology
9.6 North America Market Value Share Analysis, By Application
9.7 North America Market Value Share Analysis, By Country
9.7.1 U.S. Molded Plastics Market Analysis
9.7.2 Canada Molded Plastics Market Analysis
9.8 North America Market Attractiveness Analysis
9.8.1 By Material
9.8.2 By Technology
9.8.3 By Application
9.9 North America Market Trends
Section 10 Europe Molded Plastics Market Analysis
10.1 Key Findings
10.2 Europe Molded Plastics Market Overview
10.3 Europe Market Value Share Analysis, By Material
10.4 Europe Molded Plastics Market Forecast By Material Type
10.5 Europe Market Value Share Analysis, By Technology
10.6 Europe Market Value Share Analysis, By Application
10.7 Europe Market Value Share Analysis, By Country
10.7.1 Germany Molded Plastics Market Analysis
10.7.2 France Molded Plastics Market Analysis
10.7.3 U.K. Molded Plastics Market Analysis
10.7.4 Italy Molded Plastics Market Analysis
10.7.5 Spain Molded Plastics Market Analysis
10.7.6 Rest of Europe Molded Plastics Market Analysis
10.8 Europe Market Attractiveness Analysis
10.8.1 By Material
10.8.2 By Technology
10.8.3 By Application
10.9 Europe Market Trends
Section 11 Asia Pacific Molded Plastics Market Analysis
11.1 Key Findings
11.2 Asia Pacific Molded Plastics Market Overview
11.3 Asia Pacific Market Value Share Analysis, By Material
11.4 Asia Pacific Molded Plastics Market Forecast By Material Type
11.5 Asia Pacific Market Value Share Analysis, By Technology
11.6 Asia Pacific Market Value Share Analysis, By Application
11.7 Asia Pacific Market Value Share Analysis, By Country
11.7.1 China Molded Plastics Market Analysis
11.7.2 Japan & South Korea Molded Plastics Market Analysis
11.7.3 India Molded Plastics Market Analysis
11.7.4 ASEAN Molded Plastics Market Analysis
11.7.5 Rest of Asia Pacific Molded Plastics Market Analysis
11.8 Asia Pacific Market Attractiveness Analysis
11.8.1 By Material
11.8.2 By Technology
11.8.3 By Application
11.9 Asia Pacific Market Trends
Section 12 Middle East & Africa (MEA) Molded Plastics Market Analysis
12.1 Key Findings
12.2 MEA Molded Plastics Market Overview
12.3 MEA Market Value Share Analysis, By Material
12.4 MEA Molded Plastics Market Forecast By Material Type
12.5 MEA Market Value Share Analysis, By Technology
12.6 MEA Market Value Share Analysis, By Application
12.7 MEA Market Value Share Analysis, By Country
12.7.1 GCC Molded Plastics Market Analysis
12.7.2 Egypt Molded Plastics Market Analysis
12.7.3 South Africa Molded Plastics Market Analysis
12.7.4 Italy Molded Plastics Market Analysis
12.7.5 Rest of MEA Molded Plastics Market Analysis
12.8 Asia Pacific Market Attractiveness Analysis
12.8.1 By Material
12.8.2 By Technology
12.8.3 By Application
12.9 Asia Pacific Market Trends
Section 13 Latin America Molded Plastics Market Analysis
13.1 Key Findings
13.2 Latin America Molded Plastics Market Overview
13.3 Latin America Market Value Share Analysis, By Material
13.4 Latin America Molded Plastics Market Forecast By Material Type
13.5 Latin America Market Value Share Analysis, By Technology
13.6 Latin America Market Value Share Analysis, By Application
13.7 Latin America Market Value Share Analysis, By Country
13.7.1 Brazil Molded Plastics Market Analysis
13.7.2 Egypt Molded Plastics Market Analysis
13.7.3 Rest of Latin America Molded Plastics Market Analysis
13.8 Latin America Market Attractiveness Analysis
13.8.1 By Material
13.8.2 By Technology
13.8.3 By Application
13.9 Latin America Market Trends
13.8 Latin America Market Attractiveness Analysis
13.8.1 By Material
13.8.2 By Technology
13.8.3 By Application
13.9 Latin America Market Trends
Section 14 Company Profile
14.1 Molded Plastics Market Share Analysis By Company (2015)
14.2 Competition Matrix
14.3 Key Global Players
14.3.1 BASF SE
14.3.1.1 Company Details
14.3.1.2 Company Description
14.3.1.3 SWOT Analysis
14.3.1.4 Strategic Overview
14.3.2 Eastman Chemical Company
14.3.2.1 Company Details
14.3.2.2 Company Description
14.3.2.3 SWOT Analysis
14.3.2.4 Strategic Overview
14.3.3 SABIC
14.3.3.1 Company Details
14.3.3.2 Company Description
14.3.3.3 SWOT Analysis
14.3.3.4 Strategic Overview
14.3.4 Huntsman Corporation
14.3.4.1 Company Details
14.3.4.2 Company Description
14.3.4.3 SWOT Analysis
14.3.4.4 Strategic Overview
14.3.5 LyondellBasell Industries N.V.
14.3.5.1 Company Details
14.3.5.2 Company Description
14.3.5.3 SWOT Analysis
14.3.5.4 Strategic Overview
14.3.6 INEOS Group AG
14.3.6.1 Company Details
14.3.6.2 Company Description
14.3.6.3 SWOT Analysis
14.3.6.4 Strategic Overview
14.3.7 Chevron Phillips Chemical Company LLC
14.3.7.1 Company Details
14.3.7.2 Company Description
14.3.7.3 SWOT Analysis
14.3.7.4 Strategic Overview
14.3.8 Reliance Industries Limited
14.3.8.1 Company Details
14.3.8.2 Company Description
14.3.8.3 SWOT Analysis
14.3.8.4 Strategic Overview
14.4 Key Regional Players
14.4.1 Harwal Group
14.4.1.1 Company Details
14.4.1.2 Company Description
14.4.1.3 SWOT Analysis
14.4.1.4 Strategic Overview
14.4.2 Rowad Plastic Group
14.4.2.1 Company Details
14.4.2.2 Company Description
14.4.2.3 SWOT Analysis
14.4.2.4 Strategic Overview
14.4.3 Al Watania Plastics
14.4.3.1 Company Details
14.4.3.2 Company Description
14.4.3.3 SWOT Analysis
14.4.3.4 Strategic Overview
14.4.4 Obeikan Investment Group (OIG)
14.4.4.1 Company Details
14.4.4.2 Company Description
14.4.4.3 SWOT Analysis
14.4.4.4 Strategic Overview
14.4.5 Takween Advanced Industries
14.4.5.1 Company Details
14.4.5.2 Company Description
14.4.5.3 SWOT Analysis
14.4.5.4 Strategic Overview
14.4.6 Vishal Beverages Pvt. Ltd.
14.4.6.1 Company Details
14.4.6.2 Company Description
14.4.6.3 SWOT Analysis
14.4.6.4 Strategic Overview
14.4.7 THAI PET INDUSTRIAL COMPANY LIMITED
14.4.7.1 Company Details
14.4.7.2 Company Description
14.4.8 Oriyon Molding
14.4.8.1 Company Details
14.4.8.2 Company Description
14.4.9 Tech Plaastic Industrie Private Limited
14.4.9.1 Company Details
14.4.9.2 Company Description
List of Figures
Figure 1: Global Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 2: Global Plastics Average Price (US$/ Ton) 2015–2024
Figure 3: Global Molded Plastics Market Value Share Analysis, By Material Type, 2016 and 2024
Figure 4: Polypropylene, 2015 – 2024 (US$ Mn)
Figure 5: Polyethylene, 2015 – 2024 (US$ Mn)
Figure 6: Polyvinyl Chloride, 2015 – 2024 (US$ Mn)
Figure 7: Polystyrene, 2015 – 2024 (US$ Mn)
Figure 8: Polyethylene Terephthalate (Preforms), 2015 – 2024 (US$ Mn)
Figure 9: Polyethylene Terephthalate (Others), 2015 – 2024 (US$ Mn)
Figure 10: Other Materials, 2015 – 2024 (US$ Mn)
Figure 11: Molded Plastics Market Attractiveness Analysis, By Product Type
Figure 13: Injection Molding (Preforms), 2015 – 2024 (US$ Mn)
Figure 14: Injection Molding (Others), 2015 – 2024 (US$ Mn)
Figure 15: Blow Molding, 2015 – 2024 (US$ Mn)
Figure 16: Thermoforming, 2015 – 2024 (US$ Mn)
Figure 17: Others, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 18: Molded Plastics Market Attractiveness Analysis By Technology
Figure 19: Packaging, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 20: Consumable & Electronics, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 21: Automotive & Transportation, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 22: Building & Construction, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 23: Others, 2015 – 2024 (Kilo Tons) (US$ Mn)
Figure 24: Molded Plastics Market Attractiveness Analysis, By Application
Figure 25: Molded Plastics Market Attractiveness Analysis, By Region Type
Figure 26: North America Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 27: North America Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 28: North America Market Attractiveness Analysis, By Country
Figure 29: North America Market Value Share Analysis, By Material, 2016 and 2024
Figure 30: North America Market Value Share Analysis, By Technology, 2016 and 2024
Figure 31: North America Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 32: North America Market Value Share Analysis, By Country, 2016 and 2024
Figure 33: U.S. Molded Plastics Market Analysis
Figure 34: Canada Molded Plastics Market Analysis
Figure 35: By Material
Figure 36: By Technology
Figure 37: By Application
Figure 38: Europe Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 39: Nor Europe Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 40: Europe Market Attractiveness Analysis, By Country
Figure 41: Europe Market Value Share Analysis, By Material, 2016 and 2024
Figure 42: Europe Market Value Share Analysis, By Technology, 2016 and 2024
Figure 43: Europe Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 44: Europe Market Value Share Analysis, By Country, 2016 and 2024
Figure 45: Germany Molded Plastics Market Analysis
Figure 46: France Molded Plastics Market Analysis
Figure 47: U.K. Molded Plastics Market Analysis
Figure 48: Italy Molded Plastics Market Analysis
Figure 49: Spain Molded Plastics Market Analysis
Figure 50: Rest of Europe Molded Plastics Market Analysis
Figure 51: By Material
Figure 52: By Technology
Figure 53: By Application
Figure 54: Asia Pacific Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 55: Asia Pacific Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 56: Asia Pacific Market Attractiveness Analysis, By Country
Figure 57: Asia Pacific Market Value Share Analysis, By Material, 2016 and 2024
Figure 58: Asia Pacific Market Value Share Analysis, By Technology, 2016 and 2024
Figure 59: Asia Pacific Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 60: Asia Pacific Market Value Share Analysis, By Country, 2016 and 2024
Figure 61: China Molded Plastics Market Analysis
Figure 62: Japan and South Korea Molded Plastics Market Analysis
Figure 63: India Molded Plastics Market Analysis
Figure 63: ASEAN Molded Plastics Market Analysis
Figure 65: Rest of Asia Pacific Molded Plastics Market Analysis
Figure 66: By Material
Figure 67: By Technology
Figure 68: By Application
Figure 69: MEA Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 70: MEA Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 71: MEA Market Attractiveness Analysis, By Country
Figure 72: MEA Market Value Share Analysis, By Material, 2016 and 2024
Figure 73: MEA Market Value Share Analysis, By Technology, 2016 and 2024
Figure 74: MEA Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 75: North America Market Value Share Analysis, By Country, 2016 and 2024
Figure 76: GCC Molded Plastics Market Analysis
Figure 77: Egypt Molded Plastics Market Analysis
Figure 78: South Africa Molded Plastics Market Analysis
Figure 79: Rest of Middle East and Africa Molded Plastics Market Analysis
Figure 80: By Material
Figure 81: By Technology
Figure 82: By Application
Figure 83: Latin America Molded Plastics Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 84: Latin America Molded Plastics Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 85: Latin America Market Attractiveness Analysis, By Country
Figure 86: Latin America Market Value Share Analysis, By Material, 2016 and 2024
Figure 87: Latin America Market Value Share Analysis, By Technology, 2016 and 2024
Figure 88: Latin America Market Value Share Analysis, By Application Type, 2016 and 2024
Figure 89: Latin America Market Value Share Analysis, By Country, 2016 and 2024
Figure 90: Brazil Molded Plastics Market Analysis
Figure 91: Mexico Molded Plastics Market Analysis
Figure 92: Rest of Latin America Pacific Molded Plastics Market Analysis
Figure 93: By Material
Figure 94: By Technology
Figure 95: By Application
Figure 96: Global Molded Plastics Market Share Analysis, By Company (2015)