The global injection molded plastics market size is expected to reach USD 390.4 billion in 2028 and register a revenue CAGR of 4.6% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth include increasing applications of injection-molded plastics in food packaging, pharmaceutical packaging, electronics packaging, and manufacture of various automotive components and construction materials. Increasing use of these plastics for their robust flexibility, leak resistance, recyclability and reusability, and microwavable properties is another key factor driving the global market growth.
Thermoplastic injection molding is a manufacturing process that that involves injection of plastic resin into pre-made molds to produce a variety of objects including food packaging, interior wrapping materials, pharmaceutical packaging, automotive components, construction materials, industrial components, apparel & footwear, and others. The most common thermoplastic polymers used in this process include acrylonitrile butadiene styrene (ABS), polyethylene, polycarbonate, polyamide (nylon), polypropylene, and high-impact polystyrene.
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Some Key Highlights from the Report:
Raw Material Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Injection Molded Plastics Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Injection Molded Plastics Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Injection Molded Plastics Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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