Injection Molded Plastics Market Pegged for Robust Expansion by 2027

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Injection Molded Plastics Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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• Injection Molded Plastics Market Growing Demand
  in Various End-use Industries at Global Level

• Injection molding is a very wide term which
  involves process of molding metals, ceramics,
  plastics and some other compounds. Injection
  molding is commonly associated with plastics.
• There are several other molding techniques by
  which plastics are molded some of them
  include blow molding and extrusion. But,
  injection molding is the most widely used molding
  technique used for plastics globally.
• Increasing in demand for plastic components from
  various end-use industries such as packaging,
  consumer goods and electronics, automotive and
  medical devices is anticipated to drive the growth

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Rising Demand from Packaging, Consumables and
Automotive Segment Makes Asia Pacific Leader

• In terms of geography, the injection molded
  plastics market has been bifurcated into North
  America, Latin America, Europe, Asia Pacific, and
  the Middle East.
• Asia Pacific held the leading market share of
  more than 30 in 2018. It is likely to remain
  dominant region over the forecast
  period 2019 to 2027.
• Increasing usage of rigid and flexible
  packaging, plastic consumables for household use,
  are the key factors driving the Asia Pacific
  injection molded plastics market
• Asia Pacific is the fastest growing market for
  chemicals which also includes injection molded
  plastics due to growing demand especially from
  growing economies like China and India, where the
  disposable income of consumers is growing at a
  steady pace

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Raw Material Insights

• Polypropylene is the most widely used polymer
  material for the production of injection molded
  plastics owing to its properties of being light
  weight with superior flexibility. Polypropylene
  held dominant share of more than 30 in 2018 and
  is likely to remain prominent raw material
  between 2019 and 2027
• The growth of the consumer goods and electronics
  industry is expected to boost the polypropylene
  market
• After polypropylene ABS was the leading raw
  material for injection molded plastics in 2018

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Global Injection Molded Plastics Market
Competition Landscape

• BASF SE
• Dow Chemicals
• DuPont
• LyondellBasell
• SABIC
• Huntsman International

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