MarketSegmentation
By Product Type:
Injection Molding
Extrusion Molding
By Application:
Automotive
Aerospace
Electrical & Electronics
Market Value
The global market size was estimated at USD 1,536 million in 2023. Projected to reach USD 2,847.71 million by 2032.
Exhibiting a Compound Annual Growth Rate (CAGR) of 7.10% during the forecast period.
Market Opportunities
Automotive Industry:
Growing demand for lightweigh materials in electric and hybrid
Sustainability Initiatives:
Emphasis on reducing carbon f adoption of materials that cont overall vehicle efficiency
Key Players/Stakeholders
Regional Analysis
North America:
Market size estimated at USD 450.43 million in 2023.
Projected CAGR of 6.09% through 2032.
Europe:
Driven by applications in construction and electrical & electronics sectors.
Asia-Pacific:
Significant growth opportunities led by countries like China and Japan.
About Us
•Established in 2015, 24Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions in this ever-evolving sector. Since our inception, we have been dedicated to delivering in-depth market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.
