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(IT-NEWSWIRE.COM, November 30, 2017 ) Plastics that can be molded into various sizes and shapes or forms are classified as molded plastics. Injection molding, blow molding, rotational molding, and extrusion molding are the different types of technologies used in the production of molded plastic products. The major categories of plastics used for such productions include PE, PP, polystyrene, and PVC. Molded plastics are used in a wide range of sectors like packaging, consumables and electronics, and automotive and transportation. Molded plastics are preferred over other forms of packaging because of their certain physical and chemical properties, which make them ideal packaging materials. They are tough, durable, lightweight, easy to transport, and are not brittle like glass. In addition, the cost per unit of production is low in case of molded plastics, which find a wide variety of applications.
Analysts forecast the global molded plastic packaging market to grow at a CAGR of 5.07%, in terms of revenue, during the period 2016-2020.
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The market is divided into the following segments based on geography: - APAC - Europe - North America - ROW
Key vendors - Alpha Packaging - APEX Plastics - Plastipak - Sidel - Silgan
Other prominent vendors - First American Plastic - Graham Packaging - Hassan Plas Packaging - HTI Plastics - LINPAC Group - R&D Molders - Resilux
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Market driver - Increased demand for plastic containers - Growing packaging industry - Demand from pharmaceuticals and healthcare sector - Increase in disposable income of the population in emerging markets
Market challenge - Stringent government regulations - Competition from other forms of packaging - Volatility in raw material prices - Sustainability concerns regarding PET packaging
Market trend - Increasing demand from APAC - Popularity of biodegradable rigid plastic packaging - Increased adoption of lightweight rigid plastics
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
Browse complete report @ http://www.reportsweb.com/global-molded-plastic-packaging-market-2016-2020
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Rajat Sahni
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Source: EmailWire.Com
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