Injection Molded Plastics Market Estimated At USD 390.3 Billion By 2028
San Francisco, 7 Dec 2021: The Report Injection Molded Plastics Market Size, Share & Trends Analysis Report By Raw Material (Polypropylene, ABS, HDPE, Polystyrene), By Application (Packaging, Automotive & Transportation, Medical), By Region, And Segment Forecasts, 2021 - 2028 The global injection molded plastics market size is anticipated to reach USD 390.3 billion by 2028, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2021 to 2028. Growing demand from key applications including automotive, packaging, and construction particularly in Brazil, Russia, India, China, and South Africa (BRICS) nations, is likely to drive the growth. The high-growth regions such as Middle East and Asia Pacific have witnessed a surge in capacity addition over the last few years. The increasing presence of plastic injection molding companies in China on account of low manufacturing costs and ample availabi...