Molded Plastic Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
REPORT<br />
DESCRIPTION<br />
Global <strong>Molded</strong> <strong>Plastic</strong> <strong>Market</strong>-Insight<br />
<strong>Molded</strong> plastics are the type of polymers, which can be molded into any size and<br />
shape for the use in commercial applications. The use of pigments and other<br />
additives enhances the quality of the molded plastics. <strong>Molded</strong> plastics are used in<br />
various end-use industries, owing to the characteristics, such as durability,<br />
lightweight, and high chemical resistance. The automobile industry uses molded<br />
plastic for manufacturing of air flow ducts, engine cover, wheel wells, car fascia,<br />
grilles, bumpers, and other components.<br />
The rapid growth in the construction, automotive and packaging industry is expected<br />
to fuel the growth of molded plastics market globally. According to the Organization<br />
Internationale des Constructeurs Automobiles (OICA), the automotive industry has<br />
seen a growth of 4.5% from 2015-2016. The rise in the demand for environment<br />
sustainable and low carbon emitting vehicles has increased the use of molded<br />
plastics in manufacturing of automobiles.<br />
© Coherent market Insights. All Rights Reserved
Change language