INJECTION MOLDED PLASTICS MARKET ANALYSIS
Global Injection Molded Plastics Market: Recent Developments
In October 2021, Silgan Holdings, a Connecticut-based American manufacturing company that produces consumer goods packaging, acquired Gateway Plastic, engaged in manufacturing of dispensing closures and integrated dispensing packaging solutions. This will increase the global injection molded plastics market as it will be required to a greater extent for goods packaging solutions.
In May 2021, Boddingtons, a medical device manufacturer, invested in five new injection moulding machines to meet demand for a new OEM client in the pharmaceutical sector.
In October 2022, SyBridge Technologies, a global industrial technology company, has completed the acquisition of Pyramid Mold and Tool. Based in Rancho Cucamonga, Calif., Pyramid manufactures precision multi-cavity plastic injection molding tools focused on the life sciences industry, but also serves the personal care and select industrial markets.
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