By Richard Maldanis, Ph.D., Nerac Analyst,
Originally Published: June 14, 2016
Injection molding of plastics is continuing its dominance within the processing of polymers to render products for everyday use including kitchenware, toys, and packaging. This process is also used on polymers to create thin parts needed for commercial applications including piping and roofing products used within the building and construction industry, stents and prosthetics for medical device uses and exterior/interior trim and electronic assemblies for automotive utilities. Given its importance to fabricate plastics into a diverse array of products, it is no surprise that the worldwide injection molding plastic market is expected to blossom to a worth of about $162 billion dollars by 2020 and having a compound annual growth rate (CAGR) of 4.9% from 2015-2020.
Learn more about the important role that innovations in resin selection plays in this growing market opportunity.
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