Market revenue in 2023 | USD 62,166.6 million |
Market revenue in 2030 | USD 74,970.0 million |
Growth rate | 2.7% (CAGR from 2023 to 2030) |
Largest segment | Polypropylene |
Fastest growing segment | Polypropylene |
Historical data covered | 2019 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 36.94% in 2023. Horizon Databook has segmented the North America 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.
Increasing packaging demand from the food & beverage industry is expected to remain a key driving factor for North America’s injection molded plastics market over the forecast period. Increasing demand for processed foods and soft drinks & alcohol is expected to be responsible for food & beverage industry growth over the past few years.
The growth of the building & construction industry in the U.S. is expected to positively influence North America’s injection molded plastics market over the forecast period. Building & construction industry in the U.S. is expected to show signs of recovery over the forecast period.
The furniture & furnishing segment in construction and buildings are expected to increase plastic demand significantly. This factor is also likely to drive injection molded plastics demand. Increasing electronic appliances such as microwave ovens, washing machines, and refrigerators.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into North America injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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