SlideShare uma empresa Scribd logo
1 de 3
Baixar para ler offline
Injection Molding Has a Strong Growth Outlook in GCC countries
A recent report published by the Transparency Market Research suggests that the molded
plastics market in GCC (Gulf Cooperation Council) countries of the Saudi Arabia, Kuwait, the
United Arab Emirates, Bahrain, Qatar and Oman is expected to reach $14.22 billion USD till
2023.
The injection molding market in GCC countries is mainly driven by the demand for raw
materials such as PP (Polypropylene), Polystyrene, HDPE (high density polyethylene), raffia, etc.
Among these downstream products, PP is the preferred resin because it is cost-effective,
resistant to heat and has electrical insulating properties.
The ME (Middle East) region represents the 33% of the global PP demand with Saudi Arabia
representing the main consuming country. What’s more, almost 85% of PP produced in the GEC
countries is exported to China, Iran, India, Pakistan and the United States.
Basically, injection molding is the process of producing a component by putting molten plastic
material under a high pressure into the mold. After the component is solidified and cooled, the
two halves of the components are removed from the mold. The benefit of injection molding is
that it is possible to produce a large volume of high-quality parts quickly and with greater
accuracy.
Applications of injection molded plastics:
Injection molded plastics are increasingly used in the production of automotive parts, interior
wrapping and various assembly parts. These processes are also adopted in manufacturing of
packaging parts and components as they provide a vital contribution in terms of enhancing the
prosthetic value of products.
The use of injection molding plastic products in construction is also gaining much prominence.
Molded plastic is used to make piping systems, wall boards, insulations, for roofing purposes
and more.
Moreover, health industry is too anticipated to witness the growing need for injection molded
products owing to their use in manufacture of pregnancy test devices, housings for needles,
blood sample analysis cuvettes and other medical devices. Medical devices and equipment
made from this method are lightweight, cost-effective and can be sterilized easily.
Injection molding products also find their usage in automated processes as they aid in reducing
the production costs. Furthermore, using technological advancement options such as robots to
perform different operations such as finishing, assembling and loading components into
injection molding processes can greatly augment the growth of this market.
With GCC states’ government continually making massive investments in the construction and
burgeoning packaging sector, the injection molding technology is expected to dominate the
GCC molded plastics market!
References:
World Injection Molded Plastic Market - Opportunities and Forecast, 2014 – 2020, (January
2016, Priyanka Khuje), Retrieved from https://www.alliedmarketresearch.com/injection-
molded-plastic-market
GCC Molded Plastics Market is Anticipated to Reach US$ 14.22 Bn in 2023, (March 15, 2016),
Retrieved from http://www.transparencymarketresearch.com/pressrelease/gcc-molded-
plastics-market.htm
Molded plastics market to rise more than 8% through 2023 in Middle East GCC countries,
(March 18, 2016), Retrieved from http://www.plasticstoday.com/molded-plastics-market-rise-
more-8-through-2023-middle-east-gcc-countries/207004564724335
A New Horizon for The GCC Plastic Processing Industry, (2014), Nexant, Gulf Petrochemicals &
Chemicals Association
About 10% of Plastic is Recycled in GCC Countries, (29 January 2016, Heather Caliendo),
Retrieved from http://www.ptonline.com/blog/post/about-10-of-plastic-is-recycled-in-gcc-
countries
Growth in global in-mold labels market to be driven by demand for FnB products in China, India,
South America, (n.d), Retrieved from http://www.plastemart.com/Plastic-Technical-
Article.asp?LiteratureID=2263&Paper=Growth-global-in-mold-labels-market-demand-food-
beverage-products-China-India-South-America

Mais conteúdo relacionado

Destaque

Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
Kristina Pomozova
 
Siem
SiemSiem
Siem
cnpo
 
Third world war will be due to water
Third world war will be due to waterThird world war will be due to water
Third world war will be due to water
Rajat Sharma
 

Destaque (18)

1º Webinar Sisloc - Renegociação de Título
1º Webinar Sisloc - Renegociação de Título1º Webinar Sisloc - Renegociação de Título
1º Webinar Sisloc - Renegociação de Título
 
Почему нужна лицензия
Почему нужна лицензияПочему нужна лицензия
Почему нужна лицензия
 
Benefícios e dificuldades da metodologia Lean aplicada à jogos eletrônicos
Benefícios e dificuldades da metodologia Lean aplicada à jogos eletrônicosBenefícios e dificuldades da metodologia Lean aplicada à jogos eletrônicos
Benefícios e dificuldades da metodologia Lean aplicada à jogos eletrônicos
 
Atualização Cadastral - Como fazer
Atualização Cadastral - Como fazerAtualização Cadastral - Como fazer
Atualização Cadastral - Como fazer
 
Topic05 osi
Topic05 osiTopic05 osi
Topic05 osi
 
EU: Pig Iron and Spiegeleisen – Market Report. Analysis and Forecast to 2020
EU: Pig Iron and Spiegeleisen – Market Report. Analysis and Forecast to 2020EU: Pig Iron and Spiegeleisen – Market Report. Analysis and Forecast to 2020
EU: Pig Iron and Spiegeleisen – Market Report. Analysis and Forecast to 2020
 
FINAL A2 landscape
FINAL A2 landscapeFINAL A2 landscape
FINAL A2 landscape
 
Statistical database, problems and mitigation
Statistical database, problems and mitigationStatistical database, problems and mitigation
Statistical database, problems and mitigation
 
Mission Impact Assessment for Industrial Control Systems
Mission Impact Assessment for Industrial Control SystemsMission Impact Assessment for Industrial Control Systems
Mission Impact Assessment for Industrial Control Systems
 
Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
Разведка боем, правильный сбор внешнего сетевого периметра (Антон Bo0oM Лопан...
 
智能广域网及开源项目更新
智能广域网及开源项目更新智能广域网及开源项目更新
智能广域网及开源项目更新
 
Siem
SiemSiem
Siem
 
Water Wars
Water WarsWater Wars
Water Wars
 
Bloom energy
Bloom energyBloom energy
Bloom energy
 
ASIC vs SOC vs FPGA
ASIC  vs SOC  vs FPGAASIC  vs SOC  vs FPGA
ASIC vs SOC vs FPGA
 
Third world war will be due to water
Third world war will be due to waterThird world war will be due to water
Third world war will be due to water
 
PNAIC 2015 - Educação do campo
PNAIC 2015 - Educação do campoPNAIC 2015 - Educação do campo
PNAIC 2015 - Educação do campo
 
Segment Routing: A Tutorial
Segment Routing: A TutorialSegment Routing: A Tutorial
Segment Routing: A Tutorial
 

Último

{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
hyt3577
 
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost LoverPowerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
PsychicRuben LoveSpells
 
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
Faga1939
 

Último (20)

{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
{Qatar{^🚀^(+971558539980**}})Abortion Pills for Sale in Dubai. .abu dhabi, sh...
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 47 (Gurgaon)
 
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
KING VISHNU BHAGWANON KA BHAGWAN PARAMATMONKA PARATOMIC PARAMANU KASARVAMANVA...
 
422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf422524114-Patriarchy-Kamla-Bhasin gg.pdf
422524114-Patriarchy-Kamla-Bhasin gg.pdf
 
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopkoEmbed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
Embed-2 (1).pdfb[k[k[[k[kkkpkdpokkdpkopko
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 48 (Gurgaon)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Palam Vihar (Gurgaon)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 46 (Gurgaon)
 
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
 
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's DevelopmentNara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
Nara Chandrababu Naidu's Visionary Policies For Andhra Pradesh's Development
 
Group_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the tradeGroup_5_US-China Trade War to understand the trade
Group_5_US-China Trade War to understand the trade
 
04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf04052024_First India Newspaper Jaipur.pdf
04052024_First India Newspaper Jaipur.pdf
 
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost LoverPowerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
Powerful Love Spells in Phoenix, AZ (310) 882-6330 Bring Back Lost Lover
 
05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf05052024_First India Newspaper Jaipur.pdf
05052024_First India Newspaper Jaipur.pdf
 
Politician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full DetailsPolitician uddhav thackeray biography- Full Details
Politician uddhav thackeray biography- Full Details
 
declarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdfdeclarationleaders_sd_re_greens_theleft_5.pdf
declarationleaders_sd_re_greens_theleft_5.pdf
 
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdhEmbed-4.pdf lkdiinlajeklhndklheduhuekjdh
Embed-4.pdf lkdiinlajeklhndklheduhuekjdh
 
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
America Is the Target; Israel Is the Front Line _ Andy Blumenthal _ The Blogs...
 
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
Transformative Leadership: N Chandrababu Naidu and TDP's Vision for Innovatio...
 
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
THE OBSTACLES THAT IMPEDE THE DEVELOPMENT OF BRAZIL IN THE CONTEMPORARY ERA A...
 

Inject molding growth outlook in GCC countries

  • 1. Injection Molding Has a Strong Growth Outlook in GCC countries A recent report published by the Transparency Market Research suggests that the molded plastics market in GCC (Gulf Cooperation Council) countries of the Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Qatar and Oman is expected to reach $14.22 billion USD till 2023. The injection molding market in GCC countries is mainly driven by the demand for raw materials such as PP (Polypropylene), Polystyrene, HDPE (high density polyethylene), raffia, etc. Among these downstream products, PP is the preferred resin because it is cost-effective, resistant to heat and has electrical insulating properties. The ME (Middle East) region represents the 33% of the global PP demand with Saudi Arabia representing the main consuming country. What’s more, almost 85% of PP produced in the GEC countries is exported to China, Iran, India, Pakistan and the United States. Basically, injection molding is the process of producing a component by putting molten plastic material under a high pressure into the mold. After the component is solidified and cooled, the two halves of the components are removed from the mold. The benefit of injection molding is that it is possible to produce a large volume of high-quality parts quickly and with greater accuracy.
  • 2. Applications of injection molded plastics: Injection molded plastics are increasingly used in the production of automotive parts, interior wrapping and various assembly parts. These processes are also adopted in manufacturing of packaging parts and components as they provide a vital contribution in terms of enhancing the prosthetic value of products. The use of injection molding plastic products in construction is also gaining much prominence. Molded plastic is used to make piping systems, wall boards, insulations, for roofing purposes and more. Moreover, health industry is too anticipated to witness the growing need for injection molded products owing to their use in manufacture of pregnancy test devices, housings for needles, blood sample analysis cuvettes and other medical devices. Medical devices and equipment made from this method are lightweight, cost-effective and can be sterilized easily. Injection molding products also find their usage in automated processes as they aid in reducing the production costs. Furthermore, using technological advancement options such as robots to perform different operations such as finishing, assembling and loading components into injection molding processes can greatly augment the growth of this market. With GCC states’ government continually making massive investments in the construction and burgeoning packaging sector, the injection molding technology is expected to dominate the GCC molded plastics market! References: World Injection Molded Plastic Market - Opportunities and Forecast, 2014 – 2020, (January 2016, Priyanka Khuje), Retrieved from https://www.alliedmarketresearch.com/injection- molded-plastic-market GCC Molded Plastics Market is Anticipated to Reach US$ 14.22 Bn in 2023, (March 15, 2016), Retrieved from http://www.transparencymarketresearch.com/pressrelease/gcc-molded- plastics-market.htm Molded plastics market to rise more than 8% through 2023 in Middle East GCC countries, (March 18, 2016), Retrieved from http://www.plasticstoday.com/molded-plastics-market-rise- more-8-through-2023-middle-east-gcc-countries/207004564724335 A New Horizon for The GCC Plastic Processing Industry, (2014), Nexant, Gulf Petrochemicals & Chemicals Association
  • 3. About 10% of Plastic is Recycled in GCC Countries, (29 January 2016, Heather Caliendo), Retrieved from http://www.ptonline.com/blog/post/about-10-of-plastic-is-recycled-in-gcc- countries Growth in global in-mold labels market to be driven by demand for FnB products in China, India, South America, (n.d), Retrieved from http://www.plastemart.com/Plastic-Technical- Article.asp?LiteratureID=2263&Paper=Growth-global-in-mold-labels-market-demand-food- beverage-products-China-India-South-America