April 14, 2023 05:53 ET | Source: Research and Markets Research and Markets
Dublin, April 14, 2023 (GLOBE NEWSWIRE) -- The "Injection Molding: Global Markets and Technologies" report has been added to ResearchAndMarkets.com's offering. Injection Mold Water Bottle
This study entails analysis of technologies, applications and thermoplastic materials for injection molding. The report analyzed the major types of thermoplastic resins used to produce molded products. These products cater to various end-use industries. Machines and equipment are discussed. Trends in demand are reviewed and impact on overall market growth is assessed.
Injection molding of plastics is continuing its dominance within the processing of polymers to render products for everyday use, including kitchenware, toys and packaging, among other end-use industries.
Amid the recovery of major world economies, in the post-COVID phase, during early 2021, molders are gradually moving towards the attainment of pre-COVID performance standards. However, demand for plastic resins is soaring, with massive demand in the global market. In the current phase, partnership with trusted experts is likely to promote growth. Market players are increasingly investing in the acquisition of new machinery and equipment and focusing on hiring skilled workers to cater to growing demand, especially in the medical sector.
Rapid globalization, growing consumerism and rapid technological advancement have brought a plethora of opportunities for the market players, globally. The industry is consistently engaged in conducting extensive (R&D) activities to develop innovative and efficient materials. Moreover, a rise in realization, achievement of economies of scale and operational efficiency will continue to aid market players in achieving desired performance targets.
Thermoplastic polymers are also used in the injection molding process to create thin parts needed for commercial applications, including piping and roofing products used within the building and construction industry, stents and prosthetics for medical device use and exterior/interior trim and electronic assemblies for automotive utilities.
The most important determinants of demand for thermoplastic polymers: population growth, urbanization, a change in household structures, a growing middle class and more private consumption, in emerging countries, in particular. The above factors are seen as a move toward replacing glass and metal components with thermoplastic polymers.
Polymers have become more rigid and durable, replacing glass and metal in food packaging, metal in automotive and are even being used in housing. Higher growth rates are forecasted as these trends are expected to continue.
Market drivers in each end-use industry are identified. Thermoplastic resin injection molding is analyzed in detail. Technological issues and trends are reviewed and other influential factors (economic conditions, COVID-19 impact, and standards) are discussed. Because this is a global study, BCC Research analyzes domestic and international technological issues and economic considerations.
The scope of the study includes:
Leading Plastic Injection Molding Machine Manufacturers
Leading Plastic Injection Molding Polymer and End-User Goods Manufacturers
For more information about this report visit https://www.researchandmarkets.com/r/c9km66
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