Report Ocean has recently released a comprehensive research report on the global Injection molded Plastics Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Injection molded Plastics Market is valued approximately at USD 253.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2020-2027.
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Plastic injection molding machine refers to injection molding machine that manufactures plastic products through injection and clamping units. Injection molding machine facilitates the production of a range of plastic parts with different finishes, such as light texture, pad printed, smooth, screen printed and medium texture. Plastic injection molding machines also facilitates the use of wide variety of material types such as polystyrene, nylon, polypropylene and polycarbonate in injection molding process. These plastics molded thorough injection molding machines have chemical resistivity and flexibility, which may increase its usage across different industry verticals. More specifically, plastics such as HDPE, ABS are gaining wide momentum in a range of end-use industries, including construction, automotive, and packaging on account of their improved tractability and properties.
Thus, the increasing demand of hybrid molded plastics from automotive and construction sector, along with rapidly growing industrialization across developed and developing economies are the few factors responsible for the CAGR of the market during the forecast period. As per the research performed by the International Organization of Motor Vehicle Manufacturers (OICA), in 2018, it has been found that around 43.4 million units of cars were produced in Asia-Pacific, an increase from 24.6 million units since 2008. Likewise, as per the European Automotive Manufacturers Association (EAMA), in 2017, china was the leading country in motor vehicle production registered about 29,512 thousand units in 2017 as compared to 28,505 thousand units in 2016 representing about 3.5% increase. This, in turn, is likely to strengthen the demand for injection molded plastics, thereby contributing to the market growth around the world. However, volatile raw material prices, coupled with the stringent environmental regulation are the few factors limiting the market growth over the forecast period of 2020-2027.
The regional analysis of the global Injection molded Plastics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the rising infrastructural spending, along with the wide presence of market vendors in the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in production of automobile coupled with growing application in packaging sector across the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the injection molded plastics market in the Asia-Pacific region.
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Major market player included in this report are:
Exxon Mobil Corp.
BASF SE
DuPont
Dow Inc.
Huntsman Corporation
Eastman Chemical Company
INEOS Group
LyondellBasell Industries N.V.
SABIC
Magna International, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Raw Materials:
Polypropylene
Acrylonitrile Butadiene Styrene (ABS)
High Density Polyethylene (HDPE)
Polystyrene
Others
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By Application:
Packaging
Consumables & electronics
Automotive & transportation
Building & construction
Medical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Injection molded Plastics market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Injection molded Plastics industry?
- What are the major challenges that the Injection molded Plastics Market may face in the future?
- Who are the leading companies in the Injection molded Plastics Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Injection molded Plastics Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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