Injection Molded Plastics Market by Resin (Polypropylene (PP), by Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, Others), by By Geography (North America) Forecast 2024-2032
The Injection Molded Plastics Marketsize was valued at USD 343.23 USD Billion in 2023 and is projected to reach USD 486.19 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period.Plastic injection molding has been part of the revolution in manufacturing, enabling the production of complex, strong, and economic parts in high volumes. This can be described as the melting of granular polymer to be injected into a mold cavity under high pressure. After being cooled, plastic solidifies into the shape required and thus provides a way in which the components can be made consistently and accurately. The design capability of injection molding varies, and it involves fine details, complex geometries, and a wide range of surface finishes. These have made injection-molded plastics central to many industries, from automobiles to consumer products. Due to their lightweight properties, durability, and corrosion resistance, these moldings find extensive application in a very wide variety of products, ranging from electronic housings to medical devices.
By Resin:
By Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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