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Browse Details of Report @ https://www.hexaresearch.com/research-report/injection-molded-plastics-
industry
The injection molded plastic holds an immense potential in medical and automotive segments.
Biocompatible, cost efficient and optical clarity method of production can drive this segment till 2024.
Raw materials comprise acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE),
Polypropylene, Polystyrene, and others. Polypropylene accounted to over 35% of the total market demand in
2014. High demand for injection molded polypropylene in packaging, automotive, and household goods is
likely to impel market growth in the coming years.
Geographies encompass North America, Central & South America (CSA), Asia Pacific, Europe, and the Middle
East & Africa. Asia Pacific dominated the market holding over 37% of total volume in 2014. Rise in the
demand of the plastics in the automobile industry in this region is likely to drive the market growth in this
region. Increasing construction in India, China, and Indonesia will augment market growth in the region.
Major global injection molded plastic industry players are BASF, DuPont, Dow Chemical Company, and
LyondellBassell. Early 2016, LyondellBassell started a new Polypropylene grade called Purell grade RP315M
and Purel HP548N for healthcare applications like syringe plungers, pill strips, and others. These products
increase the cycle time and production of cast film.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/plastics-
polymers-and-resins-industry
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