Global Injection Molded Plastics Market is Expected to Hit USD 277.78 Billion by 2020

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Global Injection Molded Plastics Market is
Expected to Hit USD 277.78 Billion by 2020:
Grand View Research, Inc
GrandViewResearch.com has announced the addition of "Global Injection Molded
Plastics Market Analysis And Segment Forecasts To 2020" Market Research report to
their Database.
San Francisco, CA, June 03, 2014 -- The Global Market for injection molded plastics
is expected to reach USD 277.78 billion by 2020, according to a new study by Grand
View Research, Inc. Increasing demand for plastic as a packaging material coupled with
the growing packaging industry in Asia is expected to be a key factor driving market
demand over the next six years. In addition, the growing need for weight reduction in
automobiles is also expected to augment the demand for plastics as a substitute to metal
which in turn is expected to increase the demand for injection molded ABS and
polypropylene. Volatile crude oil prices coupled with growing environmental concerns is
expected to be a key issue for market participants.
Packaging was the largest application segment of the market, accounting for over 30,000
kilo tons of demand in 2013. Growing preference towards plastics as packaging materials
owing to their light weight and better aesthetics is expected to be a key factor driving the
market over the forecast period.
The report "Injection Molded Plastics Market (Polypropylene, ABS, HDPE, Polystyrene)
Analysis By Application (Packaging, Consumables and Electronics, Automotive,
Building and Construction) And Segment Forecasts To 2020," is available now to Grand
View Research customers and can also be purchased directly at
http://www.grandviewresearch.com/industry-analysis/injection-molded-plastics-
market
Inquiry Before Buying @ https://www.grandviewresearch.com/inquiry/361
Further key findings from the study suggest:

* Global injection molded plastics market demand was 92,312 kilo tons in 2013 and is
expected to reach 130,139.7 kilo tons by 2020, growing at a CAGR 5.0 % from 2014 to
2020.
* Asia Pacific was the largest regional market for injection molded plastics, with market
revenue of USD 70.18 billion in 2013. In addition, Asia Pacific is expected to witness
fastest growth in demand, at an estimated CAGR of 5.4% from 2014 to 2020, owing to
the increasing automotive and construction industry in the region
* Polypropylene was the highest injection molded resin, with volume estimated at
32,836.1 kilo tons of demand in 2013. Growing demand for polypropylene in packaging
is expected to be a key driver for the market. In addition, the growing demand for ABS in
automotive industry is expected to boost demand over the forecast period.
* The injection molded plastics market is fragmented with large number of participants
operating in the regional and global market. The key participants include Dow
Chemicals, BASF, Exxon Mobil, DuPont, Lyondell Basell and SABIC among others.
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For the purpose of this study, Grand View Research has segmented the global Synthetic
Lubricants market on the basis of application, product and region:
* Injection Molded Plastics Raw Material Outlook (Volume, Kilo tons; Revenue, USD
Million, 2012 - 2020)
- Polypropylene
- ABS
- HDPE
- Polystyrene
- Others
* Injection Molded Plastics Application Outlook (Volume, Kilo tons; Revenue, USD
Million, 2012 - 2020)
- Packaging
- Consumables and Electronics
- Automotive
- Building and Construction
- Others
* Injection Molded Plastics Regional Outlook (Volume, Kilo tons; Revenue, USD
Million, 2012 - 2020)
- North America

- Europe
- Asia Pacific
- Latin America
- Middle East
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides
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informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals, materials
and energy. With a deep-seated understanding of varied business environments, Grand
View Research provides strategic objective insights. For more information, visit
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