Injection Molded Plastics Market - Industry
Trends & Forecast
Market Overview:
The injection molded plastics market is expected to witness market growth at a rate of 4.7%
in the forecast period of 2022 to 2029. Data Bridge Market Research report on injection
molded plastics market provides analysis and insights regarding the various factors expected
to be prevalent throughout the forecast period while providing their impacts on the
market’s growth. The rise in the demand for plastic components from several end-use
industries including packaging, automotive, electrical and electronics, home appliances, and
medical devices is escalating the growth of injection molded plastics market.
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Market Segmentation:
Global Injection Molded Plastics Market,
By Raw Material (Polypropylene, Acrylonitrile Butadiene Styrene Acrylonitrile
Styrene Acrylate, San, High Density Polyethylene, Low-Density Polyethylene, Linear
Low-Density Polyethylene, Polystyrene, Polycarbonate, Polyether Ether Ketone,
Polyethylene Terephthalate Polyurethane Thermoplastics, Other),
By Application (Medical, Packaging, Automotive, Consumer and Electronics, Building
and Construction, Healthcare),
By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America,
Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands,
Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore,
Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia,
Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and
Forecast to 2029.
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Major Key Players
Some of the major players operating in this market are :
BASF SE, Exxon Mobil Corporation., DuPont, Huntsman International LLC.,
LyondellBasell Industries Holdings B.V., Eastman Chemical Company, SABIC, Formosa
Plastics Corporation, Reliance Industries Limited, Heppner Molds., The Rodon Group,
RUTLAND PLASTICS, HTI Plastics, and Magna International Inc. among others.
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Market Drivers:
•
Major factors that are expected to boost the growth of the injection molded plastics
market in the forecast period are change in the consumer preference towards high
performance materials. Furthermore, the growing adoption of new manufacturing
technologies is further anticipated to propel the growth of the injection molded plastics
market. Moreover, the rise in the government regulations towards the energy efficient
buildings and smart building technologies is further estimated to cushion the growth of
the injection molded plastics market. On the other hand, the strict environmental
regulations is further projected to impede the growth of the injection molded plastics
market in the timeline period.
•
In addition, the growing construction expenditure will further provide potential
opportunities for the growth of the jection molded plastics market in the coming years.
However, the unstable costs of major raw materials including benzene, ethylene,
propylene, and styrene might further challenge the growth of the injection molded
plastics market in the near future.
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molded-plastics-market
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Regional Analysis
Based on geography, the market is segmented into Four geographical
regions
❑
North America
❑
Europe
❑
Asia-Pacific
❑
Middle East & Africa
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About Data Bridge Market
Research
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