Global Molded Plastics Market

Mar 2020| VMR1767A| Verified Market Research

Report Highlights

Molded Plastics Market

According to Verified Market Research, Global Molded Plastics Market was valued at USD 340 Billion in 2018 and is projected to reach USD 574.41 Billion by 2026, growing at a CAGR of 6.84% from 2019 to 2026.

Global Molded Plastics Market Outlook

Proliferating molded plastics demand for the packaging application to use in several end-use industries, including food & beverages, pharmaceuticals, chemicals is expected to augment the global molded plastics market size over the forecast period. Rapid industrialization in emerging countries has led to augment the demand for molded plastics in automotive and other industries. Higher usage of molded plastics in automotive is driven by lightweight of molded plastics and strict regulations for automotive light-weighting. However, fluctuations in raw material prices may hamper the global molded plastics market share.

Global Molded Plastics Market Competitive Landscape

The Global Molded Plastics Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Exxonmobil, Dowdupont, SABIC, China Petroleum Corporation, and Solvay.

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