Albany, NY -- (SBWIRE) -- 04/12/2016 -- Plastics that can be molded into different shapes and sizes are classified as molded plastics. Pigments can be added to these polymers during their manufacture, or externally, depending on the application of these parts. These finished products are used in a wide range of applications such as automobiles, industrial machinery, construction and packaging. Growing research and development activities on plastics has resulted in increasing substitution of other materials including glass, paper, wood and metals by plastics. A key factor such as reduction in weight which has led to improved vehicle efficiency and reduction in consumption of fuel, has led to a visible growth in consumption of plastics in automobiles. This on-going trend is expected to continue over the next few years, which in turn is expected to boost the demand for molded plastics.

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The molded plastics report gives a detailed analysis and forecast of the market on a global as well as regional level. On the global level, the market has been analyzed on the current trends and forecast for a time period ranging from 2013 to 2019. The market has been studied on the basis of volume (million tons) and revenue (USD billion). For an in-depth understanding of the market on a regional level, the demand has been analyzed and forecast based on volume (million tons) and revenue (USD billion) for the same time period. The study takes into account the drivers and restraints of the market and their impact on the growth of the market. Additionally, the report includes opportunities available for the growth of the market during the forecast period, on the global as well as regional level.

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For an insightful understanding of the market, we have given a detailed analysis of the value chain. Moreover, we have included Porter's five forces model, which gives a clear and in-depth understanding of the degree of competition. The study also covers a market attractiveness analysis, where the end-use has been benchmarked based on market size, growth rate and general attractiveness.

The market has been segmented based on types of products and applications and each of these segments has been analyzed and forecast based on volume (million tons) and revenue (USD billion) for a time period ranging from 2013 to 2019. Additionally, the segments have been analyzed and forecast based on current trends on a global as well as regional level for the given time period. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW), and the demand has been analyzed and forecast based on current trends for a period of six years, ranging from 2013 to 2019.

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We have defined molded plastics as those objects that are molded and ready to be used in their respective application industries. We have taken into account various technologies used for molding plastics such as injection molding, rotomolding and extrusion molding among others. However, we have segmented the market based on different product types such as molded polypropylene, molded polyvinyl chloride and molded polyethylene among others. We have used the top-down approach to estimate the global molded plastics market split by regions. The application market has been derived using a bottom-up approach, for each regional market separately with the global application split being an integration of regional estimates. Inflation has not been accounted for, in our market estimates.

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Profiles of certain leading companies have been covered in this report such as BASF SE, Eastman Chemical Company, Saudi Basic Industries Corporation, Reliance Industries Limited and INEOS.

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