The global injection molded plastics market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for plastics components in end-use industries such as automotive, packaging, medical devices, electrical and electronics, and home appliances is expected to drive market growth over the forecast period.

The global injection molded plastics market report has been segmented on the basis of raw material, application, and region.

On the basis of raw material, the global injection molded plastics market has been segmented into polypropylene, high-density polyethylene (HDPE), polystyrene, acrylonitrile butadiene styrene (ABS), and others (polyamide and polyvinyl chloride). Penetration of acrylonitrile butadiene styrene (ABS) segment is expected to grow at a steady rate over the forecast period. Growing demand for acrylonitrile butadiene styrene (ABS) in automotive components, medical devices, and consumer goods is anticipated to drive segment growth in next ten years.

On the basis of application, the global injection molded plastics market has been segmented into packaging, automotive & transportation, building & construction, consumer goods & electronics, and healthcare. Automotive & transportation segment is expected to witness steady growth over the forecast period. Growing use of plastics as a substitute to metals and alloys in automotive components is expected to fuel the growth of automotive & transportation segment over the forecast period.

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On the basis of region, the global injection molded plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe market is expected to grow at a steady rate over the forecast period. Growing demand for packaged food and cosmetics is anticipated to fuel Europe injection molded plastic market growth. Moreover, construction of commercial and residential buildings in Germany and Denmark is expected to support market growth in next ten years.

Key players operating in the global injection molded plastics market include The Dow Chemical Company, BASF SE, Exxon Mobil Corp., E. I. du Pont de Nemours and Company, Saudi Basic Industries Corporation, Huntsman Corporation, LyondellBasell Industries N.V., Eastman Chemical Company, Magna International Inc., and International Automotive Components (IAC) Group.

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