The Thailand Injection Molded Plastic Market size was USD 7.87 billion in 2022 and is expected to reach USD 13.23 Billion in 2032, and register a revenue CAGR of 6.7% during the forecast period. The market revenue growth is primarily driven by factors such as rising demand for Injection Molded Plastics in various end-use industries, including automotive, packaging, construction, and electronics, owing to their durability, flexibility, and low cost. In addition, the need for lightweight and eco-friendly products in the automotive and packaging industries is driving market revenue growth. Furthermore, the growing emphasis on reducing greenhouse gas emissions and the use of sustainable materials in various industries is raising the demand for bio-based injection molded plastics. These plastics are made from renewable resources such as plant-based materials and have a lower carbon footprint compared to traditional plastics.
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Major Companies:
- Thai Plastic and Chemicals Public Company Limited
- SCG Chemicals Co., Ltd.
- Bangkok Synthetics Co., Ltd.
- IRPC Public Company Limited
- Indorama Ventures Public Company Limited
- PTT Global Chemical Public Company Limited
- Grimm Power Plc.
- Thai MMA Co., Ltd.
- Polyplex (Thailand) Public Company Limited
- Aditya Birla Chemicals (Thailand) Ltd.
Key questions addressed in the report:
- What is the expected market size of the global Thailand Injection Molded Plastic market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Thailand Injection Molded Plastic market?
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Thailand Injection Molded Plastic Market Segmentation:
By Material Type Outlook:
- Polypropylene
- ABS
- Polystyrene
- Polyethylene
- Others
By Application Outlook:
- Packaging
- Automotive
- Electronics
- Medical Devices
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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