Injection Molded Plastics Market is anticipated to garner a whopping $195.45 billion by the end of the year 2025

Competitive Insights
Prime market manufacturers that operate in the global injection molded plastic market are Cascade Engineering, The Dow Chemical, Bemis Manufacturing, ContiTech AG, Great Wall Plastic Industries, Berry Plastics, Lacks Enterprises, SABIC Innovative Plastics, Fabrik Molded Plastics, Magna International, Tupperware Brands, Sonoco, Visteon, BASF and Horizon Plastics International.

Industry Trend Analysis
The global Injection Molded Plastics Market is anticipated to garner a whopping $195.45 billion by the end of the year 2025, while registering itself at a substantial compound annual growth rate (CAGR) of 4.95% during the forecast period. The industry is expected to encounter considerable growth in the coming years due to rising requirements of plastic components beyond numerous industries that include home appliances, medical devices, packaging, automotive and electronics. Injection molding process includes manufacturing of products that are molded by infusing plastic that is molten by making use of heat into a mold and hardening it. Modernized introductions have been made in order to reduce the rate of deficient production and have also improved the implication of injection molded plastics in its massive inventory. Rising cost of construction, specifically in upcoming markets of India, Mexico, Russia, South Africa and China is anticipated to boost the requirement.

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Regional Outlook
The global market of injection molded plastic was led by Asia pacific and accounted more than 35% of the total market value in the year 2014. Rising cost of infrastructure along with increasing requirement of automobile in countries like China, Indonesia, Malaysia and India are anticipated to spur the market in the given region. Industries with considerable applications like automobiles and electronics are switching their manufacturing given the labor costs are low in Thailand, India and China. Manufactures in these regions are offered incentives in the form of tax benefits. This results in increased demand of manufacturing electrical and automotive parts. Another huge market of the injection molded plastics was held by Europe region with the market predicted to boom in the future. The Non-food and beverage packaging applications of Europe involved household chemicals, cosmetics, pharmaceutical and toiletries.

Market Segmentation- Injection Molded Plastics Market
By raw material

By Application
Consumables and electronics
Building and construction

By Region
North America
Rest of Europe
South Korea
Rest of Asia Pacific
Rest of the World
South Africa
Saudi Arabia
United Arab Emirates

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Application Outlook and Trend Analysis

The dominant application of the injection molded plastics industry was packaging with an average requirement of 30,000 kilo tons in the year 2014. The final products that are used in packaging go through several enhancement stages to make the cut of the regulatory guidelines and needs of users. Enhanced performances towards wear and tear, long lasting and increased shelf life of foods are few demands plastics need to meet for the packaging of food. Injection molded plastics have enormous possibilities in the automotive and medical sector. The industry is anticipated to encounter major growth in medical devices and elements section. Optical clarity, biocompatibility and cost efficiency are few factors that are raising its demand in the medical industry. Strict regulations imposed regarding the use of polymer in the healthcare section is expected to influence the growth of the industry over the forecast period in a lucrative manner.

Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers Automotive & Transportation Industry to drive the Market Increasing in Construction and Transportation spending Positive outlook on global packaging industry
3.2.2. Restraints Unpredictable raw material price trend Growing environmental concern
3.2.3. Opportunities Growing demand of bio-based polymers Strong growth in packaging industry.
3.4. Industry Trends

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