India Medical Injection Molded Plastic Market Size & Outlook
India medical injection molded plastic market, 2019-2030 (US$M)
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India medical injection molded plastic market highlights
- The India medical injection molded plastic market generated a revenue of USD 609.7 million in 2022 and is expected to reach USD 950.5 million by 2030.
- The India market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polypropylene (PP) is the most lucrative product segment registering the fastest growth during the forecast period.
Medical injection molded plastic market data book summary
| Market revenue in 2022 | USD 609.7 million |
| Market revenue in 2030 | USD 950.5 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polypropylene (PP) |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polycarbonate (PC) |
| Key market players worldwide | Dow Inc, SABIC, Eastman Chemical Co, Covestro AG, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, INEOS, Rutland Plastic Technologies |
Other key industry trends
- In terms of revenue, India accounted for 2.4% of the global medical injection molded plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 950.5 million by 2030.
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Medical Injection Molded Plastic Market Scope
Medical Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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India medical 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 medical injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 33.41% in 2022. Horizon Databook has segmented the India medical injection molded plastic market based on polypropylene (pp), acrylonitrile butadiene styrene (abs), polyethylene (pe), polystyrene (ps), polycarbonate (pc) covering the revenue growth of each sub-segment from 2019 to 2030.
The medical injection molded plastics market in India is expected to witness high growth owing to the increased government’s efforts to improve public health conditions. In addition, increasing private participation in the healthcare industry is expected to fuel the demand for high-quality medical devices and components.
Increasing government expenditure on public health, increasing population, and rapidly growing private participation in the healthcare sector is expected to drive the market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India medical injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into India medical injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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India medical injection molded plastic market size, by product, 2019-2030 (US$M)
India Medical Injection Molded Plastic Market Outlook Share, 2022 & 2030 (US$M)
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