World Injection Molded Plastic Market 2018 Industry Research by Top Companies 2023-LyondellBasell Industries Holdings B.V, Exxon Mobil Corporation, Dow Chemicals Company ,Chevron Phillips Chemical Company

Global Injection Molded Plastic market is a growing market in Chemicals Materials sector at present years. The Injection Molded Plastic has covered rapid development in the current and past years and is probably going to proceed with a continuing development in the upcoming years.&r

Synopsis of Injection molded plastic Market:

Injection molding is a process of manufacturing parts by injection of molten materials into a mould to get a desired shape and size of the product. This process is used on many substrates such as metals, elastomers, glasses, but are most commonly used in thermosetting polymers and thermoplastics. Injection molded plastics are a class of polymers that have an ability to be molded in any size and shape depending on the requirement of their application. The various advantages such as lightweight, durability and enhanced chemical resistance make it ideal for the use in many applications sectors. The demand from the end use industries is a major factor driving the growth of the global injection molded plastic market. Some of the major applications of the injection molded plastic include packaging, automobile & transportation, medical, building, and construction, among others.

The growing industrialization and urbanization in the developing regions across the globe is expected to boost the market during the forecast years. The global injection molded plastic market is expected to expand at an encouraging CAGR during the forecast years. The growing use of injection molded plastic in the production of air flow ducts, engine covers, bumpers, wheel wells, and others are further expected to contribute to the growth of the automobile segment during the assessed years.

Among the various raw material type of injection molded plastic, polypropylene is the leading segment in the market and is anticipated to witness a burgeoning growth during the forecast years. Polypropylene accounted for over 30% of market share in 2016. The rising demand for the household, automotive, and packaging applications is substantially contributing to the growth of the segment. Among the application sector, the packaging is anticipated to grow at a considerable CAGR during the assessed period. This growth can be attributed to the various properties of injection molded plastic to provide better resistance from wear and tear, enhance shelf life of the product, and in turn, adding to the durability of the product packed. Moreover, the growing demand from the medical and electronic sector are other factors fuelling market growth.

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Competitive Analysis:-
Some of the prominent players operating in the global injection molded plastic market are LyondellBasell Industries Holdings B.V (Netherland), Exxon Mobil Corporation (U.S.), DuPont (U.S.), Huntsman International LLC (U.S.), BASF SE (Germany), Dow Chemicals Company (U.S.), Eastman Chemical Company (U.S.), SABIC (Saudi Arabia), INEOS Group AG (U.K), Chevron Phillips Chemical Company LLC (U.S.), and Reliance Industries Limited (India).

Regional Analysis:-
The global injection molded plastic market is spanned across five key regions: North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance during the forecast period. The developing end-user industries in the region, such as electronics and automotive, are expected to fuel the market growth. Moreover, the favorable government schemes such as incentives and tax benefits have resulted in the shifting of the manufacturing base in the developing economies of Asia Pacific, which has further propelled the market growth. The key countries attributing to the growth of the injection molded plastic in this region are China, Japan, and India.

North America is the dominant region in the global market injection molded plastic. The developed end-user industries coupled with the growing adoption of injection molded plastic are the major factor contributing to the growth of the market. The key countries attributing to this growth are Canada, and the U.S. European market of injection molded plastic is mainly driven by the developed medical and electronics industry.

Intended Audience:

Injection molded plastic market manufacturers

Traders and Distributors of Injection molded plastic market

Production Process Industries

Potential Investors

Raw Material Suppliers

Nationalized Laboratory

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

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