I njection Molded Plastic Market is anticipated to reach USD 496.22 billion by 2025. Injection molding is a method of manufacturing parts by injection of molten materials into a mold to get a preferred size and shape of the product. This procedure is used on several substrates such as elastomers, metals, glasses, but are mostly used in thermosetting polymers and thermoplastics. Factors, such as growing construction activities in developing markets, increasing saturation in an automotive application, positive outlook of the packaging industry, technological advancement and rising disposable income are likely to drive the injection molded plastic industry in the forthcoming period. On the other hand, unstable prices of key raw materials that include propylene, benzene, and styrene and rising environmental concerns related with their disposal are anticipated to hinder injection molded plastics market growth in the future. However, rise in spending on construction specifically in ...
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