The global injection molded plastics market size valued at USD 363.60 billion in 2020 and expected to reach USD 495.89 billion, at a CAGR of 4.6% during forecast period 2021-2027. Injection molded plastics are hugely used in the development process of interior wrapping, miscellaneous assembly parts and automotive components. Intricate and compound shaped parts are products for precision using injection molded plastics. It is also utilized in packaging purposes for the production of packaging parts and increasing the aesthetics of the packaging products. Injection molded plastics are hugely used in construction and building purposes because of the efficient features of injection molded plastics such as appearance, strength and durability. There is growing demand for plastic parts in construction and building sectors as these plastic parts are hugely used for roofing purposes, piping systems and insulation wall board. Among all the sectors, healthcare industry is the fastest growing sector during forecast period for injection molded plastic industry. Injection molded plastics become more popular due to their exciting characteristics such as cost effectiveness and lightweight. The injection molded plastics market allows for the simultaneous use of several polymers and the manufacture of elaborate and sophisticated high-strength products. Injection moulded plastic items require less finishing, resulting in lower costs. Aside from that, the procedure is rapid and produces a high volume of product, and it may be automated, lowering the overall cost of the finished goods.