Molded Plastics Market by Product - Global Opportunity Analysis and Industry Forecast, 2017-2023 - Product Image

Molded Plastics Market by Product - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368935
  • Report
  • Region: Global
  • 210 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • BASF SE
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Huntsman Corporation
  • INEOS Group AG
  • SABIC.
  • MORE
Global molded plastics market was valued at $529,845 million in 2016, and is expected to garner $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. Molded plastics are synthetically produced non-metallic compounds, which can be molded into various shapes for commercial use. These are highly versatile, efficient, malleable, and can be hardened to obtain the desired consistency. These are used for designing small components with tremendous amount of detailing and refinement. These are used in various applications such as building & construction, automotive & transportation, consumable & electronics, packaging, and others such as medical, stationary, and textiles, owing to their high ductility, tensile strength, impact resistance, moisture resistance, and greater design flexibility. In addition, these are used in the manufacturing of car fascia, bumpers, grilles, headlight pods, panels, fenders, wheel wells, engine cover, table components, air flow ducts, equipment, exterior fascia & decorative panels, and other components. These are used to produce electrical conduits, rain water & sewage pipes, plumbing, gas distributions pipes, storage tanks, flooring tiles & rolls, PVC sheets, insulating membranes, and other construction materials.

Packaging segment generated the highest revenue in 2016, owing to increase in adoption of molded plastics for packaging industrial and consumer goods. Polyethylene is primarily used in packaging materials to increase the shelf life and durability of products, owing to its high ductility, tensile strength, and impact resistance. High tensile strength and better design flexibility have increased its adoption in manufacturing various automotive components. Polypropylene was the leading product segment in 2016, due to its widespread applications in the packaging and automotive industry. In the automotive industry, molded polyethylene is used in automotive dashboard, bumpers, grills, bottle caps, music systems, wire spools, storage containers, one-piece chairs, seat panels, mechanical parts, and other components. Injection molding technology is the most popular technology used for producing molded plastics. This segment accounted for the highest revenue in 2016. It uses automated processes to reduce the manufacturing cost. It reduces waste production during the manufacturing process. Low production waste, faster production processes, and ability of mass production are expected to foster the market growth during the forecast period.

Rapid consumption of fast moving consumer goods (FMCG) in emerging economies such as India, China, Indonesia, Brazil, Mexico, and others has led to higher consumption of molded plastics in the packaging industry. Thus, growth in packaging industry is one of the major factors driving the global molded plastics market. The implementation of fuel economy regulations towards achieving 2025 Corporate Average Fuel Economy (CAFE) standards to reduce CO2 emissions have enforced automotive manufacturers to focus on developing lightweight materials such as molded plastics. According to the International Energy Agency (IEA), in 2015, the registration of electric cars increased by 70% in 2015, with sales staggering at 550,000 vehicles. Thus, growth in the automotive industry is expected to drive the molded plastics market. Rapid economic growth and rise in the disposable income have led to increased consumption of consumer electronics such as smartphones, tablets, laptops, computers, and TVs in the emerging economies such as India and China. The consumer electronics industry is expected to grow, particularly in the Asia-Pacific region, is expected to drive the demand for molded plastics, as majority of these products are made of molded plastics. Volatile prices of raw materials such as ethylene and propylene are expected to hamper the market growth during the forecast period.

The global molded plastic market is segmented based on product, technology, application, and geography. Based on product, the market is divided into polyvinyl chloride, polypropylene, polystyrene, low density polyethylene, high density polyethylene, polyethylene terephthalate, and engineering plastics. Based on technology, the market is segmented into injection molding, blow molding, extrusion, and others. The application segment is divided into building & construction, automotive, electrical & electronics, packaging, and others. The market is analyzed based on region into North America, Europe, Asia-Pacific, and LAMEA.

The major players profiled in this study include:

BASF SE
Chevron Philips Chemical Company
Eastman Chemical Company
E. I. du Pont de Nemours and Company
Exxon Mobil Corporation
Huntsman Corporation
INEOS Group AG
LyondellBasell Industries N.V.
Reliance Industries Limited
SABIC

KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global molded plastic market to elucidate the prevailing opportunities and potential investment pockets.
It offers qualitative trends as well as quantitative analysis for the period of 2016-2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the types of molded plastics used in the industry and their applications.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
The key players in the market have been profiled along with their strategies and developments to understand the competitive outlook of the industry.

KEY MARKET SEGMENTS

By Product

Polyvinyl Chloride
Polypropylene
Polystyrene
Low Density Polyethylene
High Density Polyethylene
Polyethylene Terephthalate
Engineering Plastics

By Technology

Injection Molding
Blow Molding
Extrusion
Others

By Application

Building & Construction
Automotive
Electrical & Electronics
Packaging
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Korea
Japan
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Africa
Qatar
Saudi Arabia
UAE
Rest of LAMEA

KEY PLAYERS

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
(The aforementioned companies have not been profiled in the report, but can be include on request.)
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FEATURED COMPANIES

  • BASF SE
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Huntsman Corporation
  • INEOS Group AG
  • SABIC.
  • MORE
CHAPTER 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

CHAPTER 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

CHAPTER 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increased use of lightweight materials in automobiles
3.4.1.2. Rise in construction activities in emerging economies
3.4.1.3. Rapid consumption of fast moving consumer goods (FMCG) in emerging economies

3.4.2. Restraints

3.4.2.1. Volatile nature of raw material prices
3.4.2.2. Stringent environmental regulations

3.4.3. Opportunities

3.4.3.1. Growing application of molded plastics in medical industry

3.5. MARKET SHARE ANALYSIS, 2016 (%)

CHAPTER 4. GLOBAL MOLDED PLASTICS MARKET, BY PRODUCT

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. POLYVINYL CHLORIDE

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. POLYPROPYLENE

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

4.4. POLYSTYRENE

4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast

4.5. LOW DENSITY POLYETHYLENE

4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast

4.6. HIGH DENSITY POLYETHYLENE

4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast

4.7. POLYETHYLENE TEREPTHALATE

4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast

4.8. ENGINEERING PLASTICS

4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast

CHAPTER 5. GLOBAL MOLDED PLASTICS MARKET, BY TECHNOLOGY

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. INJECTION MOLDING

5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast

5.3. BLOW MOLDING

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast

5.4. EXTRUSION

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast

5.5. OTHERS

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast

CHAPTER 6. GLOBAL MOLDED PLASTICS MARKET, BY APPLICATION

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. BUILDING & CONSTRUCTION

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast

6.3. AUTOMOTIVE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast

6.4. ELECTRICAL & ELECTRONICS

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast

6.5. PACKAGING

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast

6.6. OTHERS

6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast

CHAPTER 7. GLOBAL MOLDED PLASTICS MARKET, BY GEOGRAPHY

7.1. INTRODUCTION

7.1.1. Market Size and Forecast

7.2. NORTH AMERICA

7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.

7.2.3.1. Market size and forecast, by Application

7.2.4. Canada

7.2.4.1. Market size and forecast, by Application

7.2.5. Mexico

7.2.5.1. Market size and forecast, by Application

7.3. EUROPE

7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast
7.3.3. UK

7.3.3.1. Market size and forecast, by Application

7.3.4. Germany

7.3.4.1. Market size and forecast, by Application

7.3.5. France

7.3.5.1. Market size and forecast, by Application

7.3.6. Italy

7.3.6.1. Market size and forecast, by Application

7.3.7. Spain

7.3.7.1. Market size and forecast, by Application

7.3.8. Rest of Europe

7.3.8.1. Market size and forecast, by Application

7.4. ASIA-PACIFIC

7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast
7.4.3. China

7.4.3.1. Market size and forecast, by Application

7.4.4. India

7.4.4.1. Market size and forecast, by Application

7.4.5. Korea

7.4.5.1. Market size and forecast, by Application

7.4.6. Japan

7.4.6.1. Market size and forecast, by Application

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market size and forecast, by Application

7.5. LAMEA

7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast
7.5.3. Brazil

7.5.3.1. Market size and forecast, by Application

7.5.4. Argentina

7.5.4.1. Market size and forecast, by Application

7.5.5. Africa

7.5.5.1. Market size and forecast, by Application

7.5.6. Qatar

7.5.6.1. Market size and forecast, by Application

7.5.7. Saudi Arabia

7.5.7.1. Market size and forecast, by Application

7.5.8. UAE

7.5.8.1. Market size and forecast, by Application

7.5.9. Rest of LAMEA

7.5.9.1. Market size and forecast, by Application

CHAPTER 8. COMPANY PROFILES

8.1. BASF SE

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments

8.2. CHEVRON PHILIPS CHEMICAL COMPANY

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments

8.3. EASTMAN CHEMICAL COMPANY

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments

8.4. E. I. DU PONT DE NEMOURS AND COMPANY

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments

8.5. EXXON MOBIL CORPORATION

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments

8.6. HUNTSMAN CORPORATION

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments

8.7. INEOS GROUP AG

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments

8.8. LYONDELLBASELL INDUSTRIES N.V.

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments

8.9. RELIANCE INDUSTRIES LIMITED

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments

8.10. SABIC

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments
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FEATURED COMPANIES

  • BASF SE
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Huntsman Corporation
  • INEOS Group AG
  • SABIC.
  • MORE
Molded Plastics Market Report, forecasts that the global market was valued at $529,845 million in 2016, and is projected to reach $690,158 million by 2023, registering a CAGR of 3.9% from 2017 to 2023. In 2016, the molded polypropylene segment accounted for about one-fourth share of the global market in terms of revenue.

Molded plastics are synthetically produced from non-metallic compounds, which can be molded into various shapes for commercial applications. These are highly versatile, efficient, and malleable, and can be hardened to achieve the desired consistency. These molded plastics can be modified by adding pigments to their polymers. Polyvinyl chloride, polypropylene, polystyrene, polyethylene, and others are some of the compounds that can be used as molded plastics in building & construction, automotive & transportation, consumable & electronics, packaging, medical, and other applications.

Stringent government regulations to reduce CO2 emissions have led to increase in the consumption of lightweight materials such as molded plastics in the automobile industry. Rapid economic growth and rise in disposable income have increased the consumption of consumer electronics such as smartphones, tablets, laptops, computers, and TVs in the emerging economies such as India and China. The consumer electronics industry is expected to grow, particularly in the Asia-Pacific region, owing to extensive use of molded plastics. This in turn is expected to drive the demand for molded plastics.

Polypropylene was the leading product segment in the global market in 2016, owing to its wide range of applications in the packaging and the automotive industry. Polypropylene is used for packaging of various industrial and consumer goods, owing to its flexibility, strength, and high resistance to chemicals, bases, and acids. In the automotive industry, it is used in automotive dashboards, front bumpers, rear bumpers, bottle caps, music systems, wire spools, storage containers, one-piece chairs, seat panels, mechanical parts, and other components. However, the market is affected by factors such as volatile prices of raw materials prices such as ethylene and propylene.

Key Findings of the Molded Plastics Market:

Asia-Pacific is expected to maintain its dominant position in the market in terms of value during the forecast period, followed by Europe.
Polypropylene segment generated the highest revenue in 2016, and is projected to grow at the highest CAGR during the forecast period.
Packaging is the largest application segment of the global molded plastics market, registering a significant CAGR from 2017 to 2023.
The Asia-Pacific molded plastics market is anticipated to grow at the highest CAGR from 2017 to 2023.
North America accounted for one-fifth share in the global molded plastics market, and is expected to grow at a CAGR of 3.9% during the forecast period.
Asia-Pacific and LAMEA collectively contributed about three-fifths share of the global market by revenue in 2016. LAMEA accounted for approximately one-tenth share of the global molded plastics market in 2016. According to the Automotive Industry Export Council, the South African automotive industry contributed 7.2% to the GDP of the country in 2014. In 2014, South Africa exported automobiles to 148 countries, resulting in export earnings of $6 billion by vehicles and $3.9 billion by components. Thus, heavy inflow of investment, vertical integration, and strong component sector of the automotive industry are projected to fuel the growth of the molded plastics market during the forecast period.

The key players operating in the global molded plastics market are BASF SE, Chevron Philips Chemical Company, Eastman Chemical Company, E. I. du Pont de Nemours and Company, Exxon Mobil Corporation, Huntsman Corporation, INEOS Group AG, Lyondell Basell Industries N.V., Reliance Industries Limited, and SABIC.
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  • BASF SE
  • Chevron Philips Chemical Company
  • Eastman Chemical Company
  • E. I. du Pont de Nemours and Company
  • Exxon Mobil Corporation
  • Huntsman Corporation
  • INEOS Group AG
  • Lyondell Basell Industries N.V.
  • Reliance Industries Limited
  • SABIC.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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