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The global polypropylene & high-impact polystyrene market for injection molding was valued at $49,511 million in 2016, and is projected to reach $67,498 million by 2023, growing at a CAGR of 4.3% from 2017 to 2023.
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Polypropylene & High-impact Polystyrene Market to touch $67,498 Million by 2023
Introduction • The global polypropylene & high-impact polystyrene market for injection molding was valued at $49,511 million in 2016, and is projected to reach $67,498 million by 2023, growing at a CAGR of 4.3% from 2017 to 2023. • The polypropylene segment accounted for more than 98% share of the global polypropylene & high-impact polystyrene market for injection molding in 2016. • Injection molding is a mass production process in which similar plastic components are produced in a large quantity. • At present, injection molding is used to manufacture almost all types of plastic parts components. • By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The high-impact polystyrene segment is expected to grow at a significant CAGR of 6.8%, in terms of value, from 2017 to 2023. • The construction segment is projected to grow at a CAGR of 5.0%, in terms of value. • The polypropylene & high-impact polystyrene market for injection molding in Asia-Pacific is expected to grow at the highest CAGR of 5.3%, in terms of value. • The North America polypropylene & high-impact polystyrene market for injection molding accounted for more than 38% of the global market in 2016. • U.S. accounted for more than 67% of the North American market in 2016. Key Findings of theMarket Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/4637
Porters Five Force's analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building. • 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. • Major countries in each region are mapped according to their individual revenue contribution to the global/regional market. • An in-depth analysis of the current research & clinical developments within the market is provided along with the key dynamic factors. • The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study. • The profiles of key players along with their key strategic developments are enlisted in the report. Key Benefits
MarketSegmentation • By Material • Polypropylene • Filled Polypropylene • Composite Polypropylene • Others • High-impact Polystyrene (HIPS) • By Application • Consumer Goods & Electronics • Household • Packaging • Horticulture & Agriculture • Construction • Automotive • Textile • Others • By Geography • North America • Europe • Asia-Pacific • Rest of World
LyondellBasell, • SABIC, • Exxon Mobil Corporation, • DuPont, • INEOS, • Total S.A., • China Petrochemical Corporation, • Others Key Players of theMarket For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/4637
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