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DUBLIN , June 17, 2022 /PRNewswire/ -- The "Molded Plastic Market, by Product, by Technology Type, By End Use Industry and by Region, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

 The process of using a rigid frame or mold for shaping of plastic is called plastic molding. The mold used in the process gives the desired shape and is made of steel or aluminum. Plastic molding helps in creation of objects of all sizes and shapes using both simple and complex designs. Molded plastics are synthetic compounds that can be made and molded into a variety of shapes depending on their utilization.

The polymers in these molded plastics can be customized by adding colors and pigments. Molded plastics are used to increase its durability, extend the shelf life of a product and protect it from damage. Molded plastics have desirable qualities that are required in car components and construction materials. Polyvinyl chloride is used to make insulation tapes, cable insulation and other building materials. Polypropylene and Polyethylene are used to make rainwater, and sewage pipes, plumbing, gas distribution pipes, windows, door and flooring tiles, and other products. Government initiatives like taxation benefits and budgetary plans in regions like India and China to expand the Foreign Direct Investment (FDI) stream has helped in building up the molded plastics market. These regions also offer low-cost labor, which further helps in reducing the overall manufacturing cost for manufacturers of molded plastic.

However, this shift has led to an overutilization of various plastic products, thereby affecting their prices. Instability in prices of petrochemical raw materials like styrene, ethylene, and propylene benzene associated with growing environmental concerns with their disposal, may hinder the market sustainability. Key features of the study:

Key Topics Covered: 1. Research Objectives and Assumptions

3. Market Dynamics, Regulations, and Trends Analysis

4. Global Molded Plastic Market - Impact of Coronavirus (COVID-19) Pandemic

5. Global Molded Plastic Market, By Product 2017-2028 (U$$ Million)

6. Global Molded Plastic Market, By Technology Type, 2017-2028 (U$$ Million)

7. Global Molded Plastic Market, By End Use Industry, 2017-2028 (U$$ Million)

8. Global Molded Plastic Market, By Region, 2017-2028 (U$$ Million)

For more information about this report visit https://www.researchandmarkets.com/r/vfdan

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