Injection molding process is the manufacturing process for producing parts by inserting materials into a mold to create varied shapes and sizes of the object. Injection molding can be achieved with a host of materials consisting of metals, elastomers, glasses, confections, and polymers. Injection molding plastics are extensively in variety of components such as automotive parts, bottle caps, packaging, storage containers, mechanical parts, and wire spools.
Market Dynamics
The global injection molded plastics market has witnessed significant growth in recent past years, owing to the rising demand for packaging solutions in various end user industries, such as pharmaceutical, cosmetics, food & beverages and others. Furthermore, growing investments for research & development in production injection molded plastics is expected to provide lucrative growth to the global Injection molded plastics market over the forecast period. Injection molding is the manufacturing process for the fabrication of plastics. Some of the major applications are automotive, packaging, building & construction, electrical & electronics, medical, and others. They are majorly used in the packaging industry for making containers, food packaging, bottles for cosmetics and pharmaceutical products, and different types of closures.
Major players in the global injection molded plastics market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities in automobile and electrical industry to capitalize on emerging trends in various end-use industries, such as cosmetics & personal care, textile, food & beverage, healthcare and others. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global Injection molded plastics market and provides market size (US$) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Injection molded plastics market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study BASF, DOW Chemicals, Huntsman Corporation, Ineos oxide, Saudi basic industries corporation, Exxon Mobil Corporation, Du Pont de Nemours & Company, and Lyondellbasell industries
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global Injection molded plastics market report caters to various stakeholders in this industry including investors, suppliers, sodium propionate manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Injection Molded Plastics Market
Detailed Segmentation:
- Global Injection Molded Plastics Market, By Raw Material :
- Polypropylene
- Acrylonitrile butadiene styrene (ABS)
- High Density Poly Ethylene (HDPE)
- Polystyrene
- Others
- Global Injection Molded Plastics Market, By Application:
- Packaging
- Consumables and Electronics
- Automotive and Transportation
- Building and Construction
- Others
- Global Injection Molded Plastics Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- BASF
- DOW Chemicals
- Huntsman Corporation
- Ineos oxide
- Saudi basic industries corporation
- Exxon Mobil Corporation
- Du Pont de Nemours & Company
- Lyondellbasell industries