Global Injection Molded Plastics Market 2019-2023

The demand for injection molded plastics for packaging applications in the F&Bs and consumer goods industries have been growing. These plastics are suitable for various packaging applications owing to their durability, performance, corrosion resistance, and temperature resistance. The increased shelf life and ease of transportation of plastics are also expected to contribute to the growth of the market in the packaging industry.

This global injection molded plastics market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.


Global injection molded plastics market: Increasing innovations in the global packaging industry
The consumption of injection molded plastics is expected to increase owing to its use in active packaging, modified atmosphere packaging (MAP), and intelligent packaging. Innovations in bottles and cans, which are employed in packaging the F&B products and medicines are expected to increase the demand for injection molded plastics.
Global injection molded plastics market: Segmentation analysis
This injection molded plastics market analysis report segments the market by application (packaging, consumer goods and electronics, automobile, and others), raw material (polyethylene, polypropylene, polyvinyl chloride, and others), and geography (APAC, Europe, MEA, South America, and North America).
The packaging segment held the largest injection molded plastics market share in 2018. Some of the major materials used in the production of injection molded plastics are polypropylene, acrylonitrile butadiene styrene, and high-density polyethylene. These materials are suitable for packaging applications due to factors such as low cost, compatibility, and flexibility.

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