Tag Archives: Injection Molded Plastic Market

Injection Molded Plastic Market Worth $396.1 Billion By 2026 | CAGR 6%

The ****** injection molded plastic market is expected to reach more than USD 396.1 billion by 2026 with a CAGR of 6% during the forecast period as per a new study released by Polaris Market Research. The report “Injection Molded Plastic Market Size By Raw Material (Polystyrene, Polypropylene, Acrylonitrile-butadiene-styrene (ABS), High density polyethylene (HDPE), Others); By End-User (Automotive, Construction, Packaging, Healthcare, Consumer Goods, Others); By Region, Segments & Forecast, 2017 – 2026 provides an extensive analysis of present market dynamics and predicted future trends.

 

Injection Molded Plastic Market Segmentation, Size & Growth Prospects by 2012 – 2022

****** Injection Molded Plastic Market was valued around USD 200 billion in 2014 and is estimated to witness steady growth over the forecast period. The industry is continuously expanding owing to increasing demand from numerous end-user such as automotive, packaging, home appliances, electronic, and medical equipment market.

Injection Molded Plastic Market

The process of injection molding involves the production of molded products by inserting molten plastics into a mold using high temperature and then solidifying it. Upgraded technology have minimized the faulty manufacturing of plastics and enhanced the bulk production of even complex shapes.

Injection Molded Plastic Market – ****** Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

The ****** injection molded plastic market was valued at around USD 199.9 billion in 2015. It is expected to grow at a CAGR of approximately 5% during the forecast period (2016 – 2024). It will reach USD 296 billion by 2024. The growth of this market can be attributed to its growing demand in medical devices, home appliances, automotive, packaging, and electrical & electronic end-uses.

The molding process involves injecting molten plastic into molded products and solidifying them. The growth of this industry can be accredited to properties like heat resistance, pressure resistance, minimum wastage, and low labor cost.

Injection Molded Plastic Market Development Trends, Key Manufacturers and Competitive Analysis by 2022

Industry Insight:
****** Injection Molded Plastic Market was valued around USD 200 billion in 2014 and is estimated to witness steady growth over the forecast period. The industry is continuously expanding owing to increasing demand from numerous end-user such as automotive, packaging, home appliances, electronic, and medical equipment market. The process of injection molding involves the production of molded products by inserting molten plastics into a mold using high temperature and then solidifying it. Upgraded technology have minimized the faulty manufacturing of plastics and enhanced the bulk production of even complex shapes.

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