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Injection Molding Materials Market Revenue Opportunies By Key Vendors - BASF, Dow, Huntsman, Eastman, INEOS, SABIC, Magna International, Newell Rubbermaid
Injection Molding Materials
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Packaging industry accounted for the largest market share in the injection molding materials market due to the increased consumption of consumer goods, cosmetics, and healthcare products. Hydraulic injection molding machinery is extensively used in the injection molding process. The high demand for hydraulic molding machines is attributed to its advancement in technology, lower cost, improved performance, and long service life.
Asia Pacific is the most dominant region in the global injection molding materials market, owing to the growing automotive and packaging industries in the region, which employ the injection molding process for various applications.
Europe is the second largest region in terms of value in the global injection molding materials market. Increasing demand for electrical appliances and automotive components fuels the growth of the injection molding materials market in Europe. Moreover, increasing globalization and production have led to the steady growth of the market in the region.
Major Players in the Global Injection Molding Material Market
Some of the key players in the global injection molding materials market include ExxonMobil, BASF, Dow, Huntsman, Eastman, INEOS, SABIC, Magna International, Newell Rubbermaid, Beckton Dickinson, and IAC group.
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