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Injection Molded Plastics Market Overview, Growth Factors, Key Players (ExxonMobil, BASF, DuPont, The Dow Chemical Company, Huntsman Corporation, Eastman Chemical Company, LYONDELLBASELL INDUSTRIES N.V., SABIC & Magna International) Applications, Regional

11-22-2018 08:04 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Injection Molded Plastics Market Overview, Growth Factors, Key

The growing demand from key applications including construction, automotive, and packaging, particularly in the BRICS nations such as Brazil, Russia, India, China, and South Africa, is expected to drive the growth of the injection molded plastics market during the forecast period. There has been a surge in capacity addition in growing economies such as the Middle East and Asia-Pacific in past couple of years. This, along with generating a consistent demand for injection molded plastics, also helps reduce the overall manufacturing cost.

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On the basis of raw material, the injection molded plastics market has been segmented into polypropylene, acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), polystyrene and others. Polypropylene is estimated to hold largest share in the injection molded plastics market in 2017, accounting for more than 25%.

Increasing packaging demand from food and beverages industry is expected to remain a major driving factor for the North America’s injection molded plastics market during the forecast period. Increasing demand for processed foods and soft drinks and alcohols are expected to be responsible for food and beverages industry growth over the past few years.

The Asia-Pacific region is estimated to hold the largest share in the injection molded plastics market, accounting for more than 30% in 2017. The region is expected to hold the largest share throughout the forecast period owing, to the growing usage injection molded polypropylene, ABS and HDPE in packaging, manufacturing and industrial sectors in countries such as India, China, Indonesia, Japan, and others.

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Some of the major players operating in the global injection molded plastics industry are Exxon Mobil Corporation, BASF SE, E.I. du Pont de Nemours & Co., The Dow Chemical Company, Huntsman Corporation, Eastman Chemical Company, INEOS Group Holdings S.A., LyondellBasell Industries Holdings B.V., SABIC, and Magna International Inc.

GLOBAL INJECTION MOLDED PLASTICS MARKET

By Raw Material – Polypropylene, Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene and Others
By Application – Packaging, Consumables & Electronics, Automotive, Construction, Medical and Others
By Region – North America, Europe, Asia-Pacific, Central & South America (CSA), and Middle East and Africa (MEA)
GLOBAL INJECTION MOLDED PLASTICS MARKET, BY GEOGRAPHY

North America Injection Molded Plastics Market

By Raw Material
By Application
By Country – U.S.
Europe Injection Molded Plastics Market

By Raw Material
By Application
By Country – Germany, France, and Italy
Asia-Pacific Injection Molded Plastics Market

By Raw Material
By Application
By Country – China, India, and Japan
CSA Injection Molded Plastics Market

By Raw Material
By Application
By Country – Brazil
MEA Injection Molded Plastics Market

By Raw Material
By Application
By Country – Saudi Arabia

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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