Global Polypropylene & High-impact Polystyrene Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 4.3% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 9, 2018--The “Polypropylene & High-impact Polystyrene Market for Injection Molding by Material, Application - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.
The global polypropylene & high-impact polystyrene market for injection molding was valued at $49,511 million in 2016, and is projected to reach $67,498 million by 2023, growing at a CAGR of 4.3% from 2017 to 2023.
Injection molding is a mass production process in which similar plastic components are produced in a large quantity. Both the thermoplastic and thermosetting plastics can be used in the injection molding process. The injection-molded polypropylene & high-impact polystyrene is largely used in packaging applications to manufacture packaging parts and components to increase the aesthetic value and consumer friendliness of the packaging products.
Based on material, the market is segmented into polypropylene and high-impact polystyrene. The high-impact polystyrene segment is estimated to grow at the highest CAGR during the forecast period, owing to the high consumption in consumer goods industry. In consumer goods industry, the high-impact polystyrene is used in the production of refrigerator linings, vending cups, bathroom cabinets, toilet seats & tanks, closures, instrument control knobs, television, and others.
Based on application the market is segmented into consumer goods & electronics, household, packaging, horticulture & agriculture, construction, automotive, textile and others. The construction industry is the largest consumer of injection-molded polypropylene & high-impact polystyrene, owing to its inherent strength, economical nature, and easy of recyclability.
Companies Mentioned:LyondellBasell SABIC Exxon Mobil Corporation DuPont INEOS Total S.A. China Petrochemical Corporation LG Chem King Plastic Corporation Astor Chemical Industrial (jiangsu) CO.,LTD.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Polypropylene & High-Impact Polystyrene Market, By Material
Chapter 5: Polypropylene & High-Impact Polystyrene Market, By Application
Chapter 6: Polypropylene & High-Impact Polystyrene Market, By Region
Chapter 7: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/f7hmkl/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180709005330/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/09/2018 05:06 AM/DISC: 07/09/2018 05:06 AM