Injection Molded Plastics Market Size And Landscape Outlook Till 2030
Injection Molded Plastics Industry Overview The global injection molded plastics market size is anticipated to reach USD 423.7 billion by 2030, registering a CAGR of 4.2% in the forecast period, according to a new study by Grand View Research, Inc. Growing demand from key applications including automotive, packaging, and construction, particularly in Brazil, Russia, India, China, and South Africa (BRICS) nations, is likely to drive the growth. The high-growth regions, such as Middle East and Asia Pacific, have witnessed a surge in capacity addition over the last few years. An increasing number of plastic injection molding companies in China on account of low manufacturing costs and ample availability of skilled labor is anticipated to benefit the regional market. Injection Molded Plastics Market Segmentation Grand View Research has segmented the global injection molded plastics market on the basis of raw material, application, and region: Based on the Raw Material Insi...