- Consumer Goods & Electronics
- Automobile
- Building & Construction
- Packaging
- Healthcare
Injection Molded Plastics Market size was valued at USD 363.60 billion in 2022 and expected to reach USD 495.89 billion, at a CAGR of 4.6% from 2023-2029. 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.
Injection Molded Plastics Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.6%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Injection Molded Plastics Market Dynamics
There is increasing demand from various end-use industries for plastic components such as electronics, automotive, packaging, home appliances and electrical. Medical devices are projected to impel the market. Automated process makes use of injection molded plastics, which results into lessening the manufacturing cost. It also lessens the waste production of manufacturing process. The combination of faster production process and low production waste would enhance the injection molded plastics market growth. This process also makes use of various kinds of plastics at the same time to manufacture plastic parts. Moreover, another booming factor for the market growth is robots are used in injection molding process for performing various operations like loading components and finishing, assembling injection molded parts into the injection molding. On the other hand, high initial tooling price and unstable petroleum costs can restrict the market growth.
North-America got significant share
Injection Molded Plastics Market Regional Analysis
Geographically, this plastics market is categorized into many crucial regions but North America is among the leading market regions for injection molded plastics which obtained the huge market share in the year 2014. LAMEA and Asia Pacific also shared huge market growth for injection molded plastics because of the increasing application in automotive industries, building, and consumer appliance and construction sectors. Asia Pacific is anticipated to witness a CAGR of 5.7% in upcoming years.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The injection molded plastics market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029).
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Injection Molded Plastics Market Segmentation
By Application
By Raw Material Type
- Polystyrene
- Acrylonitrile Butadiene Styrene (ABS)
- Polypropylene
- High Density Polyethylene (HDPE)
- Others (Polyamide and Polyvinyl Chloride)
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Frequently Asked Questions
The injection molded plastics market size was valued at USD 363.60 billion in 2022.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1.Executive Summary |
| 2.Global Injection Molded Plastics Market Introduction |
| 2.1.Global Injection Molded Plastics Market - Taxonomy |
| 2.2.Global Injection Molded Plastics Market - Definitions |
| 2.2.1.Application |
| 2.2.2.Raw Material Type |
| 2.2.3.Region |
| 3.Global Injection Molded Plastics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Injection Molded Plastics Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Injection Molded Plastics Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Consumer Goods & Electronics |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Automobile |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Building & Construction |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Packaging |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Healthcare |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Injection Molded Plastics Market By Raw Material Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Polystyrene |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Acrylonitrile Butadiene Styrene (ABS) |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Polypropylene |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. High Density Polyethylene (HDPE) |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others (Polyamide and Polyvinyl Chloride) |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Injection Molded Plastics Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Injection Molded Plastics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Consumer Goods & Electronics |
| 8.1.2.Automobile |
| 8.1.3.Building & Construction |
| 8.1.4.Packaging |
| 8.1.5.Healthcare |
| 8.2. Raw Material Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Polystyrene |
| 8.2.2.Acrylonitrile Butadiene Styrene (ABS) |
| 8.2.3.Polypropylene |
| 8.2.4.High Density Polyethylene (HDPE) |
| 8.2.5.Others (Polyamide and Polyvinyl Chloride) |
| 8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Injection Molded Plastics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Consumer Goods & Electronics |
| 9.1.2.Automobile |
| 9.1.3.Building & Construction |
| 9.1.4.Packaging |
| 9.1.5.Healthcare |
| 9.2. Raw Material Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Polystyrene |
| 9.2.2.Acrylonitrile Butadiene Styrene (ABS) |
| 9.2.3.Polypropylene |
| 9.2.4.High Density Polyethylene (HDPE) |
| 9.2.5.Others (Polyamide and Polyvinyl Chloride) |
| 9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Injection Molded Plastics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Consumer Goods & Electronics |
| 10.1.2.Automobile |
| 10.1.3.Building & Construction |
| 10.1.4.Packaging |
| 10.1.5.Healthcare |
| 10.2. Raw Material Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Polystyrene |
| 10.2.2.Acrylonitrile Butadiene Styrene (ABS) |
| 10.2.3.Polypropylene |
| 10.2.4.High Density Polyethylene (HDPE) |
| 10.2.5.Others (Polyamide and Polyvinyl Chloride) |
| 10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Injection Molded Plastics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Consumer Goods & Electronics |
| 11.1.2.Automobile |
| 11.1.3.Building & Construction |
| 11.1.4.Packaging |
| 11.1.5.Healthcare |
| 11.2. Raw Material Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Polystyrene |
| 11.2.2.Acrylonitrile Butadiene Styrene (ABS) |
| 11.2.3.Polypropylene |
| 11.2.4.High Density Polyethylene (HDPE) |
| 11.2.5.Others (Polyamide and Polyvinyl Chloride) |
| 11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Injection Molded Plastics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Application Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Consumer Goods & Electronics |
| 12.1.2.Automobile |
| 12.1.3.Building & Construction |
| 12.1.4.Packaging |
| 12.1.5.Healthcare |
| 12.2. Raw Material Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Polystyrene |
| 12.2.2.Acrylonitrile Butadiene Styrene (ABS) |
| 12.2.3.Polypropylene |
| 12.2.4.High Density Polyethylene (HDPE) |
| 12.2.5.Others (Polyamide and Polyvinyl Chloride) |
| 12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.AptarGroup, Inc. |
| 13.2.2.BASF SE |
| 13.2.3.Berry Global, Inc. |
| 13.2.4.Dow Inc. |
| 13.2.5.DuPont |
| 13.2.6.Eastman Chemical Company |
| 13.2.7.Exxon Mobil Corp. |
| 13.2.8.Heppner Molds |
| 13.2.9.HTI Plastics Inc. |
| 13.2.10.Huntsman Corporation |
| 13.2.11.INEOS Group |
| 13.2.12.International Automotive Components (IAC) Group |
| 13.2.13.Lacks Enterprises, Inc. |
| 13.2.14.LyondellBasell Industries N.V. |
| 13.2.15.Magna International, Inc. |
| 13.2.16.Master Molded Products Corporation |
| 13.2.17.Rutland Plastics |
| 13.2.18.SABIC |
| 13.2.19.The Rodon Group |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- AptarGroup, Inc.
- BASF SE
- Berry Global, Inc.
- Dow Inc.
- DuPont
- Eastman Chemical Company
- Exxon Mobil Corp.
- Heppner Molds
- HTI Plastics Inc.
- Huntsman Corporation
- INEOS GroupInternational Automotive Components (IAC) Group
- Lacks Enterprises, Inc.
- LyondellBasell Industries N.V.
- Magna International, Inc.
- Master Molded Products Corporation
- Rutland Plastics
- SABIC
- The Rodon Group