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Injection Molded Plastics Market Share

Report ID: GMI416
Published Date: Apr 2023
Report Format: PDF

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Injection Molded Plastics Market Share

Leading companies operating in the injection molded plastics market are:

ExxonMobil Corporation
BASF SE
DuPont
The Dow Chemical Company
Huntsman Corporation
Eastman Chemicals
INEOS Group
LyondellBasell Industries
SABIC
Magna International Inc
Berry Global Inc
Becton Dickinson (BD,
IAC Group,
Rubbermaid Commercial Products LLC.

Players in the market have been widely integrating advanced technologies to develop state-of-the-art products to gain a competitive edge over their counterparts and expand their existing consumer base. For instance, in July 2022, Sabic introduced a specially personalized portfolio of new mineral-reinforced Sabic PP compounds, PPc F9015, PPc F9005, and PPc F9005 grades for foam injection molding (FIM). The newly introduced product range help provide stunning aesthetics for visible automotive interior parts with complicated geometries, such as seat and trunk cladding, door panels and trim, center consoles, and A/B/C/D pillar covers.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global Market size for Injection Molded Plastics amassed over USD 300 billion in 2022 and is poised to exhibit more than 3.5% CAGR from 2023 to 2032 owing to the remarkable growth of the construction sector globally.

Polypropylene segment is expected to witness over 4% CAGR through 2032 owing to the increasing usage in several industrial applications due to its high impact strength, excellent molding capabilities, moisture resistance, food-grade approvals, and lower production costs.

Injection molded plastics market from the packaging application segment is anticipated to accumulate more than USD 135 billion by 2032 driven by the flourishing landscape of the e-commerce sector and the subsequent rise in demand for shipping containers.

Asia Pacific injection molded plastics industry is slated to cross USD 140 billion by 2032 due to the rising income levels and the consistent expansion of the construction and automotive sectors.