Injection Molded Plastic Market 2018: Analysis, Growth, Top Key Players, Drivers and Trends by Forecast to 2023

13/mar/2018 06:46:41 Market Research Future Contatta l'autore

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The growing industrialization and globalization in the Asia Pacific region have augmented the growth of various industries such as construction, automobile, electronics, medical, and others which in turn have fueled the demand for injected molding plastics in this region. The growing government inclination towards the development of retail sector coupled with the augmenting demand from the packaging sector is other factors contributing to the growth of the market. Among the various application segment, packaging is the dominant segment and is expected to show the same trend during the forecast period.

Market Segmentation
The Global Injection Molded Plastic Market is segmented into raw material and application. On the basis of the raw material, the market is segmented into polypropylene, ABS, HDFE, polystyrene, polycarbonate, LDPE, LLDPE, PEEK, PET, engineering thermoplastic polyurethane, and others. On the basis of the application, the Global Injection Molding Plastic can be segmented into packaging, consumable & electronics, automotive & transportation, building & construction, medical, and others.

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Market Scenario
The polypropylene raw material is anticipated to dominate the market, which is followed by the ABS segment. The growing application of ABS in consumer appliances, medical devices, electronic housing and others is attributed to the growth of this segment.  On the basis of the application, the packaging is expected to register over 30% of total market share during the forecasted years.

Competitive Analysis
Some of the prominent players operating in the Global Injection Molded Plastic Market are LyondellBasell Industries Holdings B.V (Netherland), Exxon Mobil Corporation (U.S.), DuPont (U.S.), Huntsman International LLC (U.S.), BASF SE (Germany), Dow Chemicals Company (U.S.), Eastman Chemical Company (U.S.), SABIC (Saudi Arabia), INEOS Group AG (U.K), Chevron Phillips Chemical Company LLC (U.S.), and Reliance Industries Limited (India).

Regional Analysis
The Global Injection Molded Plastic Market is spanned across five key regions: North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance during the forecast period. The developing end-user industries in the region, such as electronics and automotive, are expected to fuel the market growth. Moreover, it has been based on the developing economies of Asia Pacific, which has further propelled the market growth. China, Japan, and India are key countries in China, Japan and India. North America is the dominant region in the Global Market Injection Molded Plastic. The development of the development of the production process. Canada, and the US European market of Injection Molded Plastic is mainly driven by the medical and electronics industry. Moreover, the increasing use of injection molded plastic in the packaging industry coupled with the presence of major automobile manufacturers. Canada, and the US European market of Injection Molded Plastic is mainly driven by the medical and electronics industry. Moreover, the increasing use of injection molded plastic in the packaging industry coupled with the presence of major automobile manufacturers. Canada, and the US European market of Injection Molded Plastic is mainly driven by the medical and electronics industry. Moreover, the increasing use of injection molded plastic in the packaging industry coupled with the presence of major automobile manufacturers.

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