Market Study Report adds global Injection Molded Plastic market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
According to a new research the injection molded plastic market is anticipated to reach over USD 396.1 billion by 2026. In 2017, the packaging segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.
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Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The presence of emerging industries such as healthcare, construction, and packaging, substantial initiatives in research and development, and favorable government policies drive the market growth. Rapid industrialization and growth of manufacturing industry further support market growth in the region.
Injection molded plastic is used in a wide range of applications in the automotive sector. Injection molded plastic is used in production of automotive interiors, exteriors, fuelling framework, and under-hood applications. Injection molded plastic offers cost efficiency in large scale manufacturing of automotive parts. Injection molded plastic is increasingly being used as replacement to metals, offering lighter weight, reducing wear and tear, and providing rust resistance.
The diverse applications of injection molded plastic in industries such as healthcare, construction, packaging, automotive, and consumer goods among others is expected to support the growth of this market. Other driving factors include introduction of lower labor costs, production at faster rates, reduced wastage, and material flexibility. However, increasing concerns regarding environmental pollution, and increasing demand of bio-based polymers are expected to restrict the growth of the market. Increasing demand from developing nations, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.
The different end-users of injection molded plastic include automotive, construction, packaging, healthcare, consumer goods, and others. In 2017, the packaging segment accounted for the highest market share. The healthcare segment is expected to grow at the highest CAGR during the forecast period. This is owing to increasing demand of injection molded plastic in surgical blades, pregnancy test devices, and other applications.
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The well-known companies profiled in the report include E. I. DuPont De Nemours and Company, Huntsman Corporation, China National Petroleum Corporation, the Dow Chemical Company, Exxon Mobil Corp., BASF SE, Eastman Chemicals, LyondellBasell, Berry Plastics Group, SABIC, and INEOS Group among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents:
- Overview and Scope
- Executive Summary
- Injection Molded Plastics Market Insights
- Injection Molded Plastic Market Size and Forecast, 2017-2026 by Raw Material
- Injection Molded Plastic Market Size and Forecast, 2017-2026 by End-User
- Injection Molded Plastics Market Size and Forecast, 2017-2026 by Region
- Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/injection-molded-plastic-market-by-raw-material-polystyrene-polypropylene-acrylonitrile-butadiene-styrene-abs-high-density-polyethylene-hdpe-others-by-end-user-automotive-construction-packaging-healthcare-consumer-goods-others-by-region-market-size-forecast-2017-2026
North America Injection Molded Plastics Market Report (2014-2024) – Market Size, Share, Price, Trend and Forecast
This report is an essential reference for who looks for detailed information on North America Injection Molded Plastics market. The report covers data on North America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as North America major vendors?? information. In addition to the data part, the report also provides overview of Injection Molded Plastics market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user’s requirements is also available.
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This post was originally published on Trading Herald