The modern-day document posted via Report Ocean, titled “Polypropylene and High-impact Polystyrene Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Injection molding is a manufacturing process in which plastic products are produced by injecting molten materials into a mold, where it is melted, cooled, and solidified to form the final product. Thermoplastic as well as thermosetting injection-molded plastics are used for the production of several parts and components that are used in various applications. The prime thermoplastic polymers used in injection molding, include polypropylene, high-impact polystyrene, low density polyethylene, high density polyethylene, polycarbonate, polystyrene, polyvinyl chloride, polyurethane, and high-impact polystyrene. In addition, epoxy resin, polyester, and melamine formaldehyde are some of the prominent thermosetting polymers used for injection molding.
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There is an increase in the demand for injection-molded plastics in the market over the last decade. Furthermore, there is a raise in demand for injected molded polypropylene and high-impact polystyrene in various end-user industries across the globe.
Wide range of application of the materials in various end-user industry and low waste production during the production process majorly drive the global polypropylene & high-impact polystyrene market for injection molding. Moreover, low labor cost and bulk production advantages supplements the growth of polypropylene & high-impact polystyrene market for injection molding. However, high initial tooling cost and limitation on design of the finished product as the injection molding is specified to only one single design limit the market growth. Technological advancement leads to the adoption of automation in the injection molding process, which is expected to make future opportunities for the market growth.
The report segments the polypropylene & high-impact polystyrene market for injection molding based on material, application, and region. Based on material, the market is bifurcated into polypropylene and high impact polystyrene. The polypropylene segment is further segmented into filled polypropylene, composite polypropylene, and others. Based on application, the market is classified into consumer goods & electronics, household, packaging, horticulture & agriculture, construction, automotive, textile, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include LyondellBasell, SABIC, Exxon Mobil Corporation, DuPont, INEOS, Total S.A., China Petrochemical Corporation, LG Chem, King Plastic Corporation, and Astor Chemical Industrial (jiangsu) CO.,LTD
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS
Porters Five Force’s analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
It outlines the current trends and future scenario of the polypropylene & high-impact polystyrene market for injection molding from 2017 to 2023 to understand the prevailing opportunities and potential investment pockets.
Major countries in each region are mapped according to their individual revenue contribution to the global/regional market.
An in-depth analysis of the current research & clinical developments within the market is provided along with the key dynamic factors.
The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
The profiles of key players along with their key strategic developments are enlisted in the report.
Key Market Segments
By Material
Polypropylene (PP)
Filled PP
Composite PP
Others
High-impact polystyrene (HIPS)
By Application
Consumer Goods & Electronics
Household
Packaging
Horticulture & Agriculture
Construction
Automotive
Textile
Others
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By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Rest of World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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