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.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.
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