Press release
Injection Molded Plastics Market is Worth USD 498.98 billion by 2027 | Companies Covered - BASF SE, Dow Inc., DuPont, HTI Plastics, LyondellBasell
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/injection-molded-plastics-market-101970
The outbreak of the COVID-19 pandemic is likely to cause a mixed growth for the market. The demand for injection molded plastics would decline from electrical & electronics, building & construction, and automotive industries. But, it would surge from the medical and packaging industries. We are delivering special research reports to help you regain business confidence at such a difficult phase.
This Report Answers the Following Questions:
What are the market growth drivers, hindrances, and dynamics?
Which region and segment would dominate the market in the coming years?
Which companies would lead the market by generating the largest revenue?
How will the companies increase sales of injection molded plastics amid the COVID-19 pandemic?
Drivers & Restraints-
Increasing Usage in Food & Beverages Industry to Drive Growth
Injection molded plastics are nowadays being majorly used in packaging applications. It is experiencing high demand from the food and beverage industry as the material is capable of keeping food items safe. They are extensively used to manufacture bottles, containers, closures, and caps. A container made with injection molded plastic is lead-resistant and clear. Therefore, it keeps food and beverages fresh for a longer period of time. At the same time, these plastics are microwavable, washable, and reusable. These factors are set to propel the injection molded plastics market growth in the coming years.
Browse Summary:
https://www.fortunebusinessinsights.com/injection-molded-plastics-market-101970
Segment-
Packaging Segment to Grow Considerably Stoked by Increasing Demand from People
Based on application, the packaging segment held 35.59% in terms of injection molded plastics market share in 2019. The retail, pharmaceutical, and food & beverages applications are the main contributors to growth. This is because people are rapidly shifting towards plastic packaging from metal and glass ones.
Regional Analysis-
Asia Pacific to Remain at Forefront Owing to High Population & Urbanization
In 2019, North America procured USD 51.11 billion in terms of revenue. The growth in this region is attributable to the presence of several reputed companies, as well as the increasing demand from the electronics and packaging industries. Asia Pacific is expected to dominate throughout the forthcoming years, with China being the major contributor. Rapid urbanization and increasing population would help the market for injection molded plastics in this region to grow.
Competitive Landscape-
Key Players Aim to Broaden Their Existing Facilities to Intensify Competition
Most of the companies present in the market for injection molded plastics are located in Asia Pacific. Those situated in Europe and North America are striving to strengthen their positions by expanding their existing facilities. Below is one of the latest industry developments:
September 2019: Toshiba Corporation broadened its U.S. Injection Molding Division. It has shifted to a 58,000 ft2 facility that includes powering up machines for complete inspections of machines, delivering special options on custom orders, making software updates, and conducting test runs.
Fortune Business Insights™ presents a list of all the renowned injection molded plastics manufacturers operating in the market. They are as follows:
BASF SE
Dow Inc.
DuPont
HTI Plastics
Valder Kunststoffverarbeitungs GmbH
LyondellBasell
Toshiba Corporation
Coastal Plastic Molding, Inc.
Huntsman Corporation
Magna International Inc.
Others
Inquire Before Buying This Report:
https://www.fortunebusinessinsights.com/enquiry/queries/injection-molded-plastics-market-101970
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
Linkedin | Twitter | Blogs
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Injection Molded Plastics Market is Worth USD 498.98 billion by 2027 | Companies Covered - BASF SE, Dow Inc., DuPont, HTI Plastics, LyondellBasell here
News-ID: 2945228 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Injection
China injection mold company and What is injection mold
Nowadays plastic goods' application fully our life,whatever in household or industrial. But do you really know how to make a plastic product? Keep reading, this article will tell you.
What is injection mold
Injection molding usually defined as a thermoplastic polymer is heated above its melting point, resulting in the conversion of the solid polymer to a molten fluid with a reasonably low viscosity. This melt is mechanically forced, that is,…
Diabetes Injection Pens Market - Innovative Tools for Diabetes Control: Injectio …
Newark, New Castle, USA: The "Diabetes Injection Pens Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Diabetes Injection Pens Market: https://www.growthplusreports.com/report/diabetes-injection-pens-market/7639
This latest report researches the industry…
Injection Tray Market Rising demand for sterile and efficient injection trays dr …
Global Injection Tray Market Overview:
The Injection Tray market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Injection Tray market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Global Light Vehicle Fuel Injection Market Size, Share and Trends Analysis Repor …
The global light vehicle fuel injection market is anticipated to grow at a CAGR of 3.4% during the forecast period (2022-2028). The major factor is the increasing sales of private vehicles across the globe. After COVID-19, people realize they need their personal vehicles to commute from one place to another. The majority of the sales of cars and bikes are happening in emerging economies, and generally, cars having 1200-1500 cc…
Injection Molding Materials Market Report 2018: Segmentation by Material (Plasti …
Global Injection Molding Materials market research report provides company profile for ExxonMobil, BASF, Dow, Huntsman, Eastman, INEOS, SABIC, Magna International, Newell Rubbermaid, Beckton Dickinson, IAC group and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
Tags---- Gasoline Direct Injection GDI Market, Market Research Report, Industry …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Global Gasoline Direct Injection (GDI) Market – Analysis, Trends, Growth opportunity and Forecasted during (2018 – 2023)”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026.The report also targets important facets such as market drivers, challenges, latest…
