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Business
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| Number of pages / Number of words: |
4 / 862 |
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Table 3 shows a more detailed history but the general trend of increase continues. As mentioned above, increasing production leads to increased demand for raw materials which can drive prices higher. These higher prices will be passed onto consumers. According to Gale Reference team, "Injection molded plastics demand in the US is projected to grow 2...
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According to Gale Reference team, "Injection molded plastics demand in the US is projected to grow 2.8 percent annually to almost 16 billion pounds in 2010, valued at $14.7 billion (resin content only). Resins will account for 40 percent of total injection molded product costs of $36.8 billion. Advances will reflect injection molding's diverse applications and cost efficiency, as well as rebounding markets...
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