It outlines the current trends and future scenario of the polypropylene & high-impact polystyrene market for injection molding from 2017 to 2023 to understand the prevailing opportunities and potential investment pockets.
New York, NY -- (SBWIRE) -- 06/17/2019 -- The report segments the polypropylene & high-impact polystyrene market for injection molding based on material, application, and region. Based on material, the market is bifurcated into polypropylene and high impact polystyrene. The polypropylene segment is further segmented into filled polypropylene, composite polypropylene, and others. Based on application, the market is classified into consumer goods & electronics, household, packaging, horticulture & agriculture, construction, automotive, textile, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Wide range of application of the materials in various end-user industry and low waste production during the production process majorly drive the global polypropylene & high-impact polystyrene market for injection molding. Moreover, low labor cost and bulk production advantages supplements the growth of polypropylene & high-impact polystyrene market for injection molding. However, high initial tooling cost and limitation on design of the finished product as the injection molding is specified to only one single design limit the market growth. Technological advancement leads to the adoption of automation in the injection molding process, which is expected to make future opportunities for the market growth.
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KEY MARKET PLAYERS PROFILED : LyondellBasell, SABIC, Exxon Mobil Corporation, DuPont, INEOS, Total S.A., China Petrochemical Corporation, LG Chem, King Plastic Corporation, and Astor Chemical Industrial (jiangsu) CO.,LTD
Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Polypropylene & High-impact Polystyrene industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Polypropylene & High-impact Polystyrene industry.
A high focus is maintained on factors such as demand and supply, production capacity, supply chain management, distribution channel, product application and performance across different countries. The report not only offers hard to find facts about the trends and innovation driving the current and future of Polypropylene & High-impact Polystyrene business, but also provides insights into competitive development such as acquisition and mergers, joint ventures, product launches and technology advancements.
A quick look at the industry trends and opportunities
The researchers find out why sales of Polypropylene & High-impact Polystyrene are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2019 to 2023. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Polypropylene & High-impact Polystyrene industry.
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Injection molding is a manufacturing process in which plastic products are produced by injecting molten materials into a mold, where it is melted, cooled, and solidified to form the final product. Thermoplastic as well as thermosetting injection-molded plastics are used for the production of several parts and components that are used in various applications. The prime thermoplastic polymers used in injection molding, include polypropylene, high-impact polystyrene, low density polyethylene, high density polyethylene, polycarbonate, polystyrene, polyvinyl chloride, polyurethane, and high-impact polystyrene. In addition, epoxy resin, polyester, and melamine formaldehyde are some of the prominent thermosetting polymers used for injection molding. There is an increase in the demand for injection-molded plastics in the market over the last decade. Furthermore, there is a raise in demand for injected molded polypropylene and high-impact polystyrene in various end-user industries across the globe.
Key Market Segments
High-impact polystyrene (HIPS)
Consumer Goods & Electronics
Horticulture & Agriculture
Region wise performance of the Polypropylene & High-impact Polystyrene industry
This report studies the global Polypropylene & High-impact Polystyrene market status and forecast, categorizes the global Polypropylene & High-impact Polystyrene market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
This Polypropylene & High-impact Polystyrene market report holds answers to some important questions like:
- What is the status of the Polypropylene & High-impact Polystyrene market that is segmented on the basis sale as well as types?
- Which segment will generate more revenue for the Polypropylene & High-impact Polystyrene industry in the coming years?
- Who are the leading international Polypropylene & High-impact Polystyrene brands? Which product is consumed more?
- Which countries are expected to grow at the fastest rate?
- Which factors have attributed to an increased sale worldwide?
- What is the present status of competitive development?
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