Plastic injection moulding is the process where melting plastic takes place pellets that once malleable enough, that are injected at pressure into a mould cavity, that fills and solidifies to produce the final product. Injection Molding is a manufacturing process for producing parts in large volume. It is mainly used in mass-production processes where the same part is being created thousands or even millions of times in succession.
MARKET DYNAMICS
The injection molded plastics market has witnessed significant growth due to the growing demand for plastic components from various end-use industries like automotive, packaging, and others. Moreover, growing construction spending, particularly in emerging markets provides a huge market opportunity for the key players operating in the market. However, rising environmental concerns regarding their disposal are projected to hamper the overall growth of the injection molded plastics market in the forecast period.
MARKET SCOPE
The "Global Injection Molded Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the injection molded plastics market with detailed market segmentation raw material , application, and geography. The global market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global injection molded plastics market is segmented on the basis of raw material and application. On the basis of application, the global market is divided into packaging, automotive & transportation, electronics, and medical. On the basis of raw material, the global injection molded plastics market is divided into Polypropylene, ABS, HDPE, and polystyrene.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global injection molded plastics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the injection molded plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the injection molded plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the injection molded plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from injection molded plastics market is anticipated to lucrative growth opportunities in the future with the rising demand for injection molded plastics in the global market. Below mentioned is the list of few companies engaged in the injection molded plastics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the injection molded plastics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lanxess AG
- BASF SE
- Dow, Inc.
- DuPont
- Eastman Chemical Company
- ExxonMobil Corporation
- LG Chem
- Lyondellbasell Industries N.V.
- SABIC
- Total SA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.