Welcome!

News Feed Item

Global Molded Plastics Market is Expected to Reach 171.58 Million Tons in 2019: Transparency Market Research

ALBANY, New York, January 10, 2014 /PRNewswire/ --

According to a new report published by Transparency Market Research "Molded Plastics Market - Global Forecast, Market Share, Size, Growth and Industry Analysis, 2013 - 2019," the global demand for molded plastics was 125.00 million tons in 2012 and is expected to be 171.58 million tons in 2019, growing at a CAGR of 4.7% from 2013 to 2019. In terms of revenue, the market was valued at USD 255.00 billion in 2012 and is expected to be USD 352.37 billion in 2019, growing at a CAGR of 4.8% from 2013 to 2019.

Browse the full report with TOC at http://www.transparencymarketresearch.com/molded-plastics-market.html

Over the past few years, the use of plastics has increased tremendously, and is presently used in majority of the market sectors such as electronics, packaging, automobile and construction among others. Growing demand for automobiles coupled with the increasing consumption of plastics in each vehicle manufactured is expected to be one of the primary factors driving the molded plastics market over the next few years. Other key factors such as the increasing demand for plastics in mobile phones and the growth of the mobile phone industry and increasing consumption of plastics in household care products such as cosmetics are expected to boost the demand for molded plastics over the next few years. However, environmental concerns associated with the manufacture and wastage of plastics and fluctuating prices of crude oil are key factors that are expected to hamper the demand for plastics over the next few years. Increasing use of plastic pipes for transmission of oil and gas is expected to provide opportunities for the growth of the market in the next few years.

Molded polyethylene was the largest product segment in the market, accounting for over 25% of the market share in 2012 and is expected to be the fastest growing segment during the forecast period. Polyethylene is majorly used for packaging of various goods such as food, beverages, medical devices and other equipment. Growth of the packaging industry, particularly in China, Brazil and India, is expected to augment the demand for polyethylene over the next few years.

Demand for molded plastics was the highest from packaging in 2012. However, consumables & electronics is expected to be the fastest growing application segment in the market over the next few years. The growth of the electronics market due to rise in disposable income of consumers and increasing consumption of plastics in several electronic goods due to its superior properties is expected to boost the demand for molded polymers over the next few years. The segment is expected to grow at a CAGR of 4.9% from 2013 to 2019.

Due to the high prevalence of automobile, packaging and electronic industries in Asia Pacific, the region dominated the global market in 2012. Rise in disposable income of consumers is expected to be the primary factor driving the growth of these industries in the near future. In addition, the increasing consumption of plastics in these industries is expected to fuel the demand for molded plastics in this region over the next few years. Demand for molded plastics in Asia Pacific is expected to be over 65.00 million tons by 2019. Demand for molded plastics is expected to be significantly high in developing economies of Latin America due to the upcoming automobile manufacturing industry in this region. These factors are expected to contribute significantly to the global molded plastics market during the forecast period.

Related & Recently Published Reports by Transparency Market Research

The report gives a comprehensive view of the molded plastics market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for each product and application in North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:

Molded Plastics Market: Product Segment Analysis

  • Molded polyethylene
  • Molded polystyrene
  • Molded polypropylene
  • Molded polyvinyl chloride
  • Others (Including PU, ABS, etc.)

Molded Plastics Market: Application Analysis

  • Packaging
  • Consumables & Electronics
  • Automotive & Transportation
  • Building & Construction
  • Others (Including clothing, stationery, etc.)

The report provides a cross-sectional analysis of the product segments and applications given above with respect to the following regions:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Browse all Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
E-mail: [email protected]
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://www.culrav.org/pr/author/tmrrelease

SOURCE http://www.transparencymarketresearch.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to ma...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discussed...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...