Injection molded plastic industry is expected to expand at a CAGR of 6.0% in the upcoming period as the scope, producttypes, and its applications are increasing across the globe. Injection molded plastic market is segmented by rawmaterial type, application, distribution channel, and geography.Injection molded plastics industry is segmented by raw material type as High-Density Polyethylene, Acrylonitrile-Butadiene-Styrene, Polypropylene, Polystyrene, and Others. The “Polypropylene” segment accounted for a prominentshare in the market. It is likely to witness substantial growth in the years to come. The key factors that could beattributed to the growth of the market include increasing consumption of household goods, packaging applications,and automotive components.Get a Sample Copy of This Report @https://www.millioninsights.com/industry-reports/injection-molded-plastic-market/request-sampleThe key applications that is segmented in the injection molded plastics market include Consumer Goods & Electronics,Automobile, Building & Construction, Packaging, and Healthcare. The “Packaging” segment accounted for a prominentshare in the market. It is likely to witness substantial growth in the years to come. The key factors that could beattributed to the growth of the market include increased shelf life of food products, improved resistance towards tearand wear, and high strength is a limited requirement of plastics that need to meet for packaging applications. Theinjection molded plastic industry is segmented based on distribution channel as Offline and Online distribution.Asia-Pacific is a leading region in the market. It is likely to maintain a dominance in the forecast period owing to factors,such as increasing infrastructure spending, growing automobile demand in countries such as India, China, Malaysia,and Indonesia, technological advancement in the region, rising disposable income and key end-use industries such asautomobile and electronics are shifting their manufacturing base to APAC countries such as India, China, Indonesiaand Thailand due to low labor prices. Asia-Pacific is followed by the Europe region.Key players operating in the injection molded plastic market include HTI Plastics, The Dow Chemical Company, BASFSE, Newell Rubbermaid, DuPont, INEOS Group, Nypro Incorporation, Rutland Plastics, LyondellBasell Industries, BerryPlastics Group, SABIC, Huntsman International Corporation, Becton Dickinson and Magna International Incorporation.The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boostinorganic growth of industry.Market Segment:Injection Molded Plastics Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)• Packaging• Consumables & Electronics
• Automotive & Transportation• Building & Construction• Medical• Others’See More Reports of This Category by Million Insights @https://www.millioninsights.com/industry/plasticsInjection Molded Plastics Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)• Polypropylene• ABS• HDPE• Polystyrene• OthersInjection Molded Plastics Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)• North America• U.S• Europe• Germany• France• Italy• Asia Pacific• China