Injection moulding is a process that includes injecting molten materials into a mould. Where they are melted, cooled, and hardened to make the finished product. Plastice Injection moulded manufecturer , both thermoplastic and thermosetting, are utilised to make a variety of parts and components for a variety of purposes.
By Geography:
North America:
- United States
- Canada
- Others
- Europe
- Germany
- France
- Italy
- Others
Asia-Pacific:
- China
- India
- Malaysia
- Others
- LAMEA
- Brazil
- Argentina
Plastic parts or components are commonly used in building and construction for plumbing systems, insulation, wall boards, and roofing, among other things. During the projection period, the healthcare industry is expected to be the fastest growing application segment for injection moulded plastics.
Due to their light weight, cost-effectiveness, and easy sterilizability, these plastics are also used in blood sample analysis cuvettes, pregnancy test devices, needle housings, and medical device components.
To cut production costs, injection moulded plastics are employed in automated operations. It also decreases waste generation throughout the manufacturing process.
Low manufacturing waste and a speedier production procedure are expected to boost the China Plastic Injection Manufacturer market’s growth. Furthermore, the technique may make plastic parts using multiple types of raw materials at the same time.
Furthermore, technological improvements in the injection moulding process, where robots are used to execute various activities such as finishing and assembling injection moulded parts and loading components into injection moulding, will help to drive market expansion.
As a result, the global injection moulded plastic market is expected to reach $162.06 billion by 2020, with a CAGR of 4.9 percent between 2014 and 2020. However, the market’s expansion would be hampered by high initial tooling costs and variable crude oil prices.
The global injection moulded plastic market is divided into three categories: raw material type, end-user industry, and geography. Polypropylene, high density polyethylene (HDPE), polystyrene, and acrylonitrile butadiene styrene are among the raw materials used in the market.
Because of its ease of moulding, electrical insulating qualities, heat resilience, and low cost, polypropylene is the most popular raw material for injection moulded plastics. Polypropylene accounted for over 39% of the global injection moulded plastic market in 2014.
Furthermore, the market is divided into packaging, automotive, consumer goods & electronics, building & construction, and medical disposal based on end-users. Packaging was the most popular application sector for injection moulding in 2014, accounting for about 37% of the total market share.
The need for injection moulded plastics in the packaging industry will be fueled by the increased demand for rigid packaging material in industrial and consumer packaging applications.
The global injection moulded plastic market is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean. North America was the largest market for injection moulded plastic in 2014, accounting for over 35% of the global market.
The expanding demand for injection moulded plastic in the building and construction sector, consumer appliances, and automotive industries has resulted in large-scale demand in Asia-Pacific and LAMEA. As a result, Asia-Pacific is predicted to increase at a 6.8% CAGR from 2014 to 2020.
By End User:
- Automobile
- Packaging
- Electronics and consumer goods
- Construction & Building
- Medical Waste Management
To stay ahead of the competition, companies in this industry have used a variety of marketing methods, including new product launches, expansion, joint ventures, and acquisitions.
This research examines the main companies in depth and identifies the market’s most attractive potential. The major players in the injection moulded plastic market use product introduction as a key strategy.
BASF SE, Exxon Mobil, E. I. du Pont de Nemours and Company, Dow Chemical Company, Huntsman Corporation, LyondellBasell Industries N.V., Eastman Chemical Company, SABIC, China National Petroleum Corporation (CNPC), and INEOS Ineos Group Limited are among the important firms mentioned in this research.
By Raw Materials:
- Polypropylene
- Polyethylene with a high density (HDPE)
- Polystyrene
- Styrene Butadiene Acrylonitrile (ABS)
- Others
Key Benefits:
- The variables that drive and limit the growth of the global injection molded plastic market are examined in depth in this report.
- The report’s forecasts are based on evaluations of current market trends and future market potential in terms of value and volume for the years 2014–2020.
- For successful strategy formulation, SWOT studies of market players emphasize the internal environment of top organizations.
- This research presents a quantitative analysis of the current market as well as forecasts for the years 2014 to 2020 in order to discover latent market opportunities.
- This report examines the application market in terms of raw material type in order to determine the trend in preferred raw materials utilized in each application sector.
- To assess the current potential in these regions, a complete analysis of all geographic regions has been provided.