The global IMP market is anticipated to grow at a CAGR of around 4.5% during the forecast period. IMP is a process in which molded products are formed by injecting molten plastic into the mold, and then cooling and solidifying them. The increasing application of IMP in various end-user industries such as automotive, consumer goods & electronics, packaging, building & construction, healthcare, and others is the major factor driving the growth of the market. Among these, the use of IMP in the packaging industry is high. Injection molding plastic in the packaging industry is used for making various types of plastic components, food packages, closures, and containers for various types of cosmetics products. Whereas the adoption of injection molding in automotive and electronics industries due to properties such as low-cost, corrosion resistance, easy-to-mold, non-conductive, flexible, among others is gaining popularity, hence accelerating the market growth. Some of the major polymers used in injection molding are polypropylene, low-density polyethylene, high-density polyethylene, polycarbonate, polystyrene, polyvinyl chloride, polyurethane, and others. The environmental concern associated with the degradation of these polymers is the major challenge that may hamper the adoption of these products in plastic manufacturing industries. 

Moreover, the innovations in technologies such as injection molding with pressurized gas assistance, structural foam, thin-wall injection molding, and multi-component methods for better designing of products to reduce cost and waste material will create lucrative opportunities in the market during the forecast period. Besides, the development of engineered resins for making IMP a standard option for making better plastic designs may also bring new opportunities to the market. furthermore, the high cost of IMP and the presence of alternatives such as blow molding are the factors that may restrain the market growth during the forecast period.  

To Request a Sample of our Report on Injection Molded Plastics (IMP) Market:  https://www.omrglobal.com/request-sample/injection-molded-plastics-market

IMP Market Segmentation

By Raw Material

Polypropylene
Acrylonitrile Butadiene Styrene (ABS)
High Density Polyethylene (HDPE)
Polystyrene
Others

By Application

Automobile
Consumer Goods & Electronics
Packaging
Building & Construction
Healthcare
Others (Agriculture)

A full Report of Injection Molded Plastics (IMP) Market is Available @  https://www.omrglobal.com/industry-reports/injection-molded-plastics-market

Regional Analysis           

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles           

Autronic Plastics, Inc.
BASF SE
CNPC
Costal Plastic Molding, Inc.
DuPont de Nemours, Inc
Eastman Chemical Co. 
Exxon Mobil Corp
HTI Plastics (PCE, Inc.)
Huntsman Corp.
INEOS Group Ltd. 
Lyondellbasell Industries N.V.
Magna International Inc.
Murray Plastics Inc.
Saudi Basic Industries Corp.
The Dow Chemical Co.
UPM, Inc.

Reasons to buy from us –

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/injection-molded-plastics-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no:  +91 7803040404