Argentina Injection Molded Plastic Market Size & Outlook
Argentina injection molded plastic market, 2019-2030 (US$M)
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Argentina injection molded plastic market highlights
- The Argentina injection molded plastic market generated a revenue of USD 2,115.5 million in 2023 and is expected to reach USD 2,424.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 2% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
Injection molded plastic market data book summary
| Market revenue in 2023 | USD 2,115.5 million |
| Market revenue in 2030 | USD 2,424.8 million |
| Growth rate | 2% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global injection molded plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 12,899.8 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina injection molded plastic market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.27% in 2023. Horizon Databook has segmented the Argentina injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
Argentina comprises over 2,000 companies operating in medical device sector. Around 25% of the companies are into manufacturing, while the remaining companies import medical devices from the U.S. The expansion of manufacturing base for medical devices in the country is expected to drive injection molded plastics market over the forecast period.
Automotive and auto parts industries represent approximately 8.5% of the country’s industrial gross production value. They play a crucial role in job creation and technology transfer in the country. Major international automotive manufacturers include Mercedes Benz, Ford, Toyota, General Motors (GM), Fiat, Peugeot-Citroen, Scania, Iveco, Renault, and Volkswagen. In addition, auto parts industry includes over 400 companies and employs over 63,000 workers across the country.
Robust growth in automotive and auto parts industries owing to rising demand of electric vehicles coupled with increasing adoption of emerging automotive technologies in Argentina is projected to fuel the demand for injection molded plastics over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Argentina injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina injection molded plastic market outlook size, by raw material, 2019-2030 (US$M)
Argentina Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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