INJECTION MOLDED PLASTIC MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Injection Molded Plastic Market Market MARKET 2018 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. Injection Molded Plastic Market Market Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
Injection Molded Plastic Market Market MARKET 2018 Regional Analysis: The injection molded plastic market is segmented across five regions: Latin America, North America, Asia Pacific, Europe and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be a dominant market with an overall market share of above 30% in The rapid growth of industries and urbanization is fuelling the growth of injection molded plastic in the developing countries of Asia Pacific. Moreover, the favorable government regulation such as tax benefits and incentives has attracted many manufacturers to enter the market of Asia Pacific, which, in turn, is fuelling the market growth. Furthermore, augmenting construction and automobile sector is further fueling the demand for injected molded plastic in the region. China, India, and Japan are the largest consumers of injection molded plastic in this region. North America is another dominant region in the market. The developed end-user industries such as construction, transportation, and electronics among others are significantly driving the market growth. Moreover, the growing investment in renovation and construction of residential and commercial infrastructure is expected to boost the demand for injection molded plastic in the construction industry. Enquiry of the Report:
Injection Molded Plastic Market Market MARKET 2018 Regional Analysis 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 Browse Molded Plastic-market Molded Plastic-market-4554
Injection Molded Plastic Market Market MARKET 2018 Application & Major Players in this Research: Key Players for Injection Molded Plastic Market Market: LyondellBasell ExxonMobil DuPont Huntsman Corporation BASF Dow Chemicals INEOS Group AG Chevron Phillips Chemical Company LLC Request a Sample
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