Mobile phones to boost molded part market by $1 billion

PRW

Published: October 7, 2013 1:39 pm ET
Updated: October 7, 2013 1:41 pm ET

Related to this story

Topics Materials, Telecommunications

The global market for molded plastic parts used in mobile phones is set to rise to $4.5 billion by 2017, an increase of nearly 29 percent on this year's figures.

According to researchers IHS Chemical the market will be worth $3.5 billion this year, up from $3.3 billion in 2012.

However the increased use of plastic in handsets — most recently with Apple's 5c phone — is giving added impetus to the material's use.

IHS said the weight of plastic used in mobile 'phones is set to rise from 282,000 metric tons in 2013 to 336,000 metric tons in four years' time; a rise of 19 percent.

According to IHS the mobile phone market "offers opportunities for a large variety of plastic resins," including ABS, polycarbonate, nylon and acrylic.

"ABS and polycarbonate are both attractive materials for exterior components due to their strength and aesthetic appeal.

"Polycarbonate mobile phone housings may have a chemical coating to improve its scratch-resistance."


Comments

Mobile phones to boost molded part market by $1 billion

PRW

Published: October 7, 2013 1:39 pm ET
Updated: October 7, 2013 1:41 pm ET

Post Your Comments


Back to story


More stories

Image

Dow reaches agreement with Third Point

November 21, 2014 9:11 am ET

Dow Chemical Co. has reached an agreement with the investment firm that has been trying to force the company to sell off some assets.More

Image

Ineos making its UK shale play

November 21, 2014 9:29 am ET

Chemical giant Ineos Group AG is planning to be the biggest player in the United Kingdom's shale gas industry.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Image

Silica can replace plastic microbeads

November 19, 2014 6:00 am ET

As cosmetics and soap makers face pressure to remove plastic microbeads from their products, Evonik Industries touts its new silica-based microbeads...    More

Chase Plastics building new Indiana distribution center

November 18, 2014 11:13 am ET

Resin distributor Chase Plastics will invest $5.4 million to build a new distribution center in South Bend, Ind.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events