Molded plastics market is set to cross US$200 bln by 2024

01-Feb-17

The global molded plastics market is set to cross US$200 bln by 2024; growing at a CAGR of more than 5.5% in the given forecast period, as per Market Research Engine. The major driving factors of molded plastics market are:
*Fast growth in the packaging business.
* Decrease in cost along with technological development in plastic molding technologies.
* Lower oil costs.

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