Global Injection Molded Plastics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global injection molded plastics market in its upcoming report titled, “Global Injection Molded Plastics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global injection molded plastics market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The injection molded plastics market report has been segmented on the basis of raw material, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Injection molded plastics are used in the production of complex shaped parts with least waste. Moreover, these plastics are used in manufacturing process of automotive components, miscellaneous assembly parts, and interior wrapping. It is also used in packaging applications to produce packaging parts & components to increase the shelf life of food products.
On the basis of raw material, polypropylene segment is estimated to hold major revenue share in the global injection molded plastics market and is expected to maintain its dominance over the forecast period. Rising consumption of automotive components and household goods is expected to drive segment growth over the forecast period. Moreover, growing penetration of polypropylene in food & beverage packaging is anticipated to propel segment growth.
On the basis of application, packaging segment is estimated to hold major revenue share in the global injection molded plastics market. Growing demand for plastic in packaging is expected to grow over the forecast period owing to properties of plastics such as resistance towards wear and tear, high durability, and help to improve the shelf life of food products.
Asia Pacific market is estimated to hold major revenue share in the global injection molded plastics market, in 2017 and is expected to maintain its dominance over the forecast period. Increasing infrastructure spending in developing economies such as China, India, and Indonesia is expected to propel market growth in the region. The Asia Pacific accounts for largest revenue share contribution of the target market, followed by markets in North America, Europe, Middle East & Africa, and Latin America respectively. Growing end-use industries such as automotive and consumer electronics owing to changing lifestyle of consumers, and in turn is expected to augment Asia Pacific injection molded plastics market growth over the forecast period. Moreover, governments in the region are offering incentives in the form of tax benefits to attract automotive and electronics manufacturers, which in turn is anticipated to drive Asia Pacific market growth.
Market segmentation and key players operating in the global injection molded plastics market:
By raw material:
- High density polyethylene (HDPE)
- Acrylonitrile butadiene styrene (ABS)
- Others (polyamide and polyvinyl chloride)
- Automotive & transportation
- Building & construction
- Consumer goods & electronics
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- The Dow Chemical Company
- BASF SE
- Exxon Mobil Corp.
- I. du Pont de Nemours and Company
- Saudi Basic Industries Corporation
- Huntsman Corporation
- LyondellBasell Industries N.V.
- Eastman Chemical Company
- Magna International Inc.
- International Automotive Components (IAC) Group
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