Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Raw Material (Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene (PS), Others), By Application (Packaging, Consumables & Electronics, Automotive & Transportation, Building & Construction, Medical, Others) And Competitive Landscape
Product Code: ETC399916 | Publication Date: Mar 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Latin America Injection Molded Plastics Market is anticipated to attain significant growth in the coming years on the back of the rising demand for plastics in the continent and the rising growth in automotive sector in the continent. The automotive industry is driving the demand for injection molded plastic components like windscreens, door handles, and fuel tanks.
According to 6Wresearch, the Latin America Injection Molded Plastics Market size is anticipated to grow at a higher growth rate during 2023-2029. The market is being propelled by the region's growing plastics demand and the growth of the automotive sector, which is boosting demand for injection-molded plastic components which includes windscreens, fuel tanks, and door handles and this, in turn, is boosting the Latin America Injection Molded Plastics Market Growth. The industry is likely to be fueled by the growing usage of plastics in construction materials, home appliances, as well as consumer electronics. The Latin America Injection Molded Plastics Market has been observing a newer trend of light-touch sourcing, which is projected to be advantageous. Light-touch sourcing, refers to the efficient method of outsourcing goods as well as procedures by working with nearby suppliers and contractors. Some major key factors boosting the market growth are the technological advancements, rising disposable incomes of people and the rising construction materials.
Owing to the strong automotive manufacturing base in Brazil, the demand for injection molded plastics is growing with each passing day. Brazil is the major market for injection molded plastics in Latin America.
Report Name | Latin America Injection Molded Plastics Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Country, By Raw Material, By Application |
Countries Covered | Brazil, Mexico, Argentina, Rest of Latin America |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
The industry for injection-molded plastics in the region significantly impacted by the coronavirus outbreak. Owing to the lockdowns as well as limitations put in place by governments to stop the virus's spread, the sector was impacted by interruptions in supply chains, production, as well as distribution routes. Owing to these factors the Latin America Injection Molded Plastics Market Share decreased.
The demand for injection moulded plastics decreased in many end-use industries during the pandemic which are the automobile and construction sectors since these industries were badly impacted by the economic slowdown. The demand for medical supplies as well as packaging supplies rose, helped to partially offset the fall in demand in other sectors.
Also, the COVID-19 pandemic increased demand for plastic since it has emphasised the value of utilising plastic for medical equipment.
Based on nations, the Injection Molded Plastics Market in Latin America is segregated into Brazil, Mexico, Argentina, and Rest Of Latin America. Due to the strong automotive manufacturing base in Brazil, injection molded plastics have developed a specialised market, which has increased demand from this industry throughout Latin America. Brazil is the country with the biggest market for injection molded plastics in the region.
Based on raw material, the Latin America Injection Molded Plastics Industry is segregated into Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene (PS), and Others. Acrylonitrile Butadiene Styrene (ABS) is projected to gain the highest market share in the coming years owing to its rising demand.
Based on application, the sector is segregated into Packaging, Consumables & Electronics, Automotive & Transportation, Building & Construction, Medical, and Others. Automotive is the largest segment and is projected to dominate this sector in the coming years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Injection Molded Plastics Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Injection Molded Plastics Market Revenues & Volume, 2022 & 2029F |
3.3 Latin America Injection Molded Plastics Market - Industry Life Cycle |
3.4 Latin America Injection Molded Plastics Market - Porter's Five Forces |
3.5 Latin America Injection Molded Plastics Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Latin America Injection Molded Plastics Market Revenues & Volume Share, By Raw Material, 2022 & 2029F |
3.7 Latin America Injection Molded Plastics Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Latin America Injection Molded Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Injection Molded Plastics Market Trends |
6 Latin America Injection Molded Plastics Market, 2019 - 2029 |
6.1 Latin America Injection Molded Plastics Market, Revenues & Volume, By Raw Material, 2019 - 2029 |
6.2 Latin America Injection Molded Plastics Market, Revenues & Volume, By Application, 2019 - 2029 |
7 Brazil Injection Molded Plastics Market, 2019 - 2029 |
7.1 Brazil Injection Molded Plastics Market, Revenues & Volume, By Raw Material, 2019 - 2029 |
7.2 Brazil Injection Molded Plastics Market, Revenues & Volume, By Application, 2019 - 2029 |
8 Mexico Injection Molded Plastics Market, 2019 - 2029 |
8.1 Mexico Injection Molded Plastics Market, Revenues & Volume, By Raw Material, 2019 - 2029 |
8.2 Mexico Injection Molded Plastics Market, Revenues & Volume, By Application, 2019 - 2029 |
9 Argentina Injection Molded Plastics Market, 2019 - 2029 |
9.1 Argentina Injection Molded Plastics Market, Revenues & Volume, By Raw Material, 2019 - 2029 |
9.2 Argentina Injection Molded Plastics Market, Revenues & Volume, By Application, 2019 - 2029 |
10 Rest of Latin America Injection Molded Plastics Market, 2019 - 2029 |
10.1 Rest of Latin America Injection Molded Plastics Market, Revenues & Volume, By Raw Material, 2019 - 2029 |
10.2 Rest of Latin America Injection Molded Plastics Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Latin America Injection Molded Plastics Market Key Performance Indicators |
12 Latin America Injection Molded Plastics Market - Opportunity Assessment |
12.1 Latin America Injection Molded Plastics Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Latin America Injection Molded Plastics Market Opportunity Assessment, By Raw Material, 2022 & 2029F |
12.3 Latin America Injection Molded Plastics Market Opportunity Assessment, By Application, 2022 & 2029F |
13 Latin America Injection Molded Plastics Market - Competitive Landscape |
13.1 Latin America Injection Molded Plastics Market Revenue Share, By Companies, 2022 |
13.2 Latin America Injection Molded Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |