Injection Molded Plastics Market With Future Business Opportunities And Top Competitor Analysis

Posted January 5, 2022 by neha_s

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 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 solutiona 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 glass packaging market over the forecast period

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
Request Copy Of This Business Report:

Market Opportunities
Expanding rigid packaging market around the globe is projected to offer lucrative market opportunities in the near future. Injection-molded plastics are widely used in the rigid packaging for various industries such as chemical, medical, pharmaceutical, and oil &gas. According to the Coherent Market Insights analysis, plastic rigid packaging accounts for approximately 25% of the overall packaging market. Hence, growth in rigid packaging is projected to augment market growth.
Increasing launch of advanced technology for injection molding plastic is expected to bring new market opportunities. For instance, in April 2018, Yizumi-HPM Corp., a manufacturer of high-quality hybrid injection molding machinery from 60 to 3500-tons clamping force, announced the launch of three new series of injection molding machines at NPE 2018 May 7-11 at the Orange County Convention Center in Orlando, Fla.

Major Keyplayers:
Key players are operating in the global Injection molded plastics market are BASF, DOW Chemicals, Huntsman Corporation, Ineos oxide, Saudi basic industries corporation, Exxon Mobil Corporation, Du Pont de Nemours & Company, and Lyondellbasell industries.
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Coherent Market Insights
Country India
Categories Blogging , Business , Industry
Last Updated January 5, 2022