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Injection Molded Plastics Market Size
- Report ID: GMI416
- Published Date: Apr 2023
- Report Format: PDF
Injection Molded Plastics Market Size
Injection Molded Plastics Market size garnered over USD 300 billion in 2022. With the consistent expansion of the construction sector globally, the industry is set to witness 3.5% CAGR from 2023 to 2032.
The construction sector has witnessed an upward trend over recent years owing to the escalating rollouts of infrastructure development projects and the advent of several technological breakthroughs. Besides, the improving economic landscape and the significant rise in investments focused on building an energy-efficient infrastructure across numerous economies.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Injection Molded Plastics Market Size in 2022: | 305 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 3.5% |
| 2032 Value Projection: | 460 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 331 |
| Segments covered: | Raw Material, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Plastic injection molding is widely utilized across several industrial verticals ranging from electronics, automobiles, and construction to kitchen utensils and toys. The stringent government regulation pertaining to minimizing plastic pollution and the increased adoption of effective waste management techniques may restrict industry growth during the forecast period. On the other hand, the consolidated competitive landscape and the increasing strategic exchanges among leading product manufacturers will accelerate business growth through the ensuing years.
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Injection Molded Plastics Market Scope
