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Plastics International Association
P.O. Box 202
Chesterland, Ohio 44026
The injection molding industry is also seeing a trend towards the use of high-performance materials that are designed to meet specific performance requirements, such as high strength or heat resistance. Examples of high-performance materials include engineering plastics and thermoset materials.
The global injection molding market size was estimated at USD 261.8 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 4.8% from 2022 to 2030.
The injection molding procedure is only highly profitable in case of large-volume production. If the clients have ordered injection molding parts in small quantities, the molding business might not get much profit. This is because the mold design and tooling take up much of the budget.
We are looking innovative new plastic products and processes. Please submit your idea, invention, new polymer or material or new product development in confidence to the mailing address: