Molded Plastics Market

Molded Plastics Market worth $675.7 billion by 2027

The report "Molded Plastics Market by Type (PE, PP, PVC, PET, PS, PU), Application (Packaging, Automotive & Transportation, Construction & Infrastructure, Electronics & Electrical, Pharmaceutical, Agriculture), and Region - Global Forecast to 2027", size is projected to reach USD 675.7 billion by 2027 from USD 499.1 billion in 2022, at a CAGR of 6.2% during the forecast period.

Browse 231 market data Tables and 52 Figures spread through 234 Pages and in-depth TOC on "Molded Plastics Market by Type (PE, PP, PVC, PET, PS, PU), Application (Packaging, Automotive & Transportation, Construction & Infrastructure, Electronics & Electrical, Pharmaceutical, Agriculture), and Region - Global Forecast to 2027"
View detailed Table of Content here -

The increasing demand for molded plastics in packaging applications is driving the global molded plastics market. Growth of automotive industry and positive outlook for construction industry also supports the growth of the molded plastics market. Further, rising population and urbanization in emerging regions is expected to provide the growth opportunities to the molded plastic manufacturers, especially in Asia Pacific and the Middle East & Africa regions.

Based on type, PET segment is estimated to be the fastest-growing segment in the overall molded plastics market

PET segment is projected to grow at the highest growth rate in the molded plastics market. PET molded plastics are widely preferred in the packaging application owing to their high stiffness, heat resistance, steam barrier properties (food protection), stretchability (film and fiber applications), good transparency, and strong impact & rigidity balance.

Based on technology, Injection molding segment is projected to be the largest in the molded plastics market during the forecast period

Injection molding produce lightweight, chemical & corrosion resistant, good durability plastics thereby having higher demand in the molded plastics market. Further, Molded plastics produced by injection molding techniques are used for various applications in several end use industries including automotive, packaging, electronics, construction, agriculture, and pharmaceuticals.

Based on application, packaging is estimated to grow at the highest growth rate in the molded plastics market

Based on application, packaging segment is projected to grow at a higher growth rate than that of other applications, in the molded plastics market. This growth is attributed to the increasing adoption of molded plastics in the packaging industry due to increasing global trade that has reduced tariffs and decreased trade barriers which increased the international trade in packaging machineries & materials where molded plastic finds major application for producing packaging components & spares in order to boost its aesthetics and user-friendly packaging of the product.

Based on region, Asia Pacific to account for the highest market share in the molded plastics market during the forecast period

Asia Pacific is projected to be the largest and fastest-growing market for molded plastics between 2022 and 2027. Presence of emerging economies including China and India, growing population and urbanization, and increasing industrialization are some of the factors driving the molded plastics market in Asia Pacific. Further, increasing demand from end-use industries is driving the demand of molded plastics.

The key players in the molded plastics market include LyondellBasell (Netherlands), SABIC (Saudi Arabia), INEOS (Switzerland), DuPont (US), ExxonMobil (US), Sinopec (China), Dow Inc (US), BASF SE (Germany), Eastman Chemical Company (US), and LG Chem Ltd. (South Korea).

Don’t miss out on business opportunities in Molded Plastics Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Molded Plastics Market Size,  Share & Growth Report
Report Code
CH 6279
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Molded Plastics Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets