Global Injection Molding Materials Market, By Raw Material (ABS, HDPE, Polypropylene, Polystyrene, Others), By Technology (Hydraulic, Electric, Hybrid), By Application (Automotive & Transportation, Building & Construction, Packaging, Medical, Consumables & Electronics, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

The Injection Molding Materials Market is projected to register high demand during the forecast period due to it’s increasing use in various applications such as Automotive & Transportation, Building & Construction, Packaging, Medical, Consumables & Electronics, and Others.

Injection molding is a process in which parts are made by injecting molten material into a mold by forcing it through a nozzle into the cavity of the mold. For this, the material is melted in a heated barrel with a reciprocating screw, which propagates the material into the mold. Several materials like metals, glasses, elastomers, thermoplastics, etc. can be used for manufacturing parts using the injection molding process.

Segment Analysis:

Plastic is a widely used material for injection molding. The packaging industry accounts for the largest share in the market due to the growing consumption of cosmetics, consumer goods, and healthcare products.

The Asia Pacific region holds the largest market for injection molding materials due to the increased per capita income and their increased consumption of consumer goods.

Moreover, developments in the Corporate Average Fuel Economy (CAFE) have driven automobile manufacturers to reduce fuel consumption and weight of the vehicle by producing parts through injection molding. This is expected to fuel the growth of the injection molding material market.

Key Factors Impacting Market Growth:

  • Low maintenance cost and long service life
  • Lightweight and cost-effective
  • Low waste generation and fast production process
  • Use of robots to perform operations such as finishing, assembling, etc.

Regional Analysis:

The injection molding materials market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for the injection molding materials market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of the injection molding materials market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging, waste disposal is also governing the demand for injection molding materials market in this region. Major industry applications in these regions are automotive & transportation, building & construction, packaging, medical, consumables & electronics, and others. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for the injection molding materials market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: BASF SE, Dow Chemical Company, DuPont, ExxonMobil Corporation, Huntsman Corporation, INEOS Group, Eastman Company, LyondellBasell Industries, and SABIC… 

Market Segmentation:

By Raw Material:

  • Acrylonitrile Butadiene Styrene (ABS)
  • High-Density Polyethylene (HDPE)
  • Polypropylene
  • Polystyrene
  • Others

By Technology:

  • Hydraulic
  • Electric
  • Hybrid

By Application:

  • Automotive & Transportation
  • Building & Construction
  • Packaging
  • Medical
  • Consumables & Electronics
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Raw Material
    • By Technology
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Raw Material
    • By Technology
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Raw Material
    • By Technology
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Raw Material
    • By Technology
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Raw Material
    • By Technology
    • By Application
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Raw Material
    • By Technology
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global injection molding materials market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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