Injection molding is a manufacturing process where liquid raw materials are injected into an object to create an integral part. This allows the manufacture of complex and hollow parts with precise shapes, sizes, and dimensions. Injection molding is an ideal process for producing components used in a wide range of industries such as consumer electronics, automotive, pharmaceuticals, aerospace and defense. Injection-molded plastics are also used in a variety of consumer goods, such as containers, bags, and packaging.
Market Dynamics:
The growing awareness regarding the harmful effects of plastics has led to increased demand for eco-friendly products. This is driving the growth of bioplastic composites market for injection molding. Moreover, a rise in the implementation of stringent government regulations and policies regarding sustainability is shifting the inclination toward the use of bioplastic composites for injection molding. Furthermore, the increasing popularity of e-commerce and omnichannel retailing will encourage consumers to adopt these environmentally-friendly products.
On the other hand, high cost of bioplastic composites is expected to hamper the market growth.
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