Registering a CAGR of 5.3% over the forecast period, the Injection Molded Plastics market is anticipated to reach the market value of US$ 38,030 million in the year 2027 from US$ 30940 million in the year 2020.
The market for injection moulded plastics is rapidly growing. In 2020, it was estimated to be worth USD 30940 million. Because of its numerous advantages, injection moulding is the most extensively used plastic production technology. It allows for high-speed moulding with excellent precision and consistency.
Molded plastics have a wide range of uses in a variety of industries. The biggest demand generators are the automobile, packaging, electronics, and construction industries. As a result of the rise of these industries, injection mouldings' market share is steadily expanding. Over the projected period, the worldwide injection moulded plastic market is expected to increase at a compound annual growth rate (CAGR) of 5.3% (2022-2027).
Injection moulding is a highly advantageous manufacturing technology for large-scale production. Furthermore, the operating and maintenance costs are extremely cheap, lowering manufacturing costs. By the conclusion of the forecast period in 2027, the worldwide injection moulded plastic market is expected to be worth USD 38,030 million.
Top Key Players in the Injection Molded Plastics Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Injection Molded Plastics Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Owens Corning, Jushi Group, Binani Industries, Saint-Gobain, Taiwan Glass, CPIC, Nippon Electric Glass, Nitto Boseki, China Beihai, Jiangsu Changhai, Texas Fiberglass, Jiangsu Jiuding, BASF SE (Germany), Dow Inc. (U.S), DuPont (U.S), HTI Plastics (U.S), Valder Kunststoffverarbeitungs GmbH (Germany), LyondellBasell (Netherlands), Toshiba Corporation (Japan), Coastal Plastic Molding, Inc.(U.S.), Huntsman Corporation. (U.S.), Magna International Inc.(Canada), Others.
Industry News:
October 5, 2021: Decorative marbling for injection-molded parts made of Ultrason
With a patent pending BASF technology it is now possible to produce marbled serial components made of Ultrason® using a standard injection molding process. The coloring technique opens up virtually unlimited possibilities for designers to use BASF's polyarylethersulfone to color household appliances, catering bowls and containers as well as visible components. For the first time, surface effects such as color shades, color streaks and patterns can be reproduced: Injection-molded parts of one series look alike but are not completely identical.
Global Injection Molded Plastics Market research provides detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
The Injection Molded Plastics Market is segmented based on the type, applications, companies, and regions.
By Type, The Injection Molded Plastics Market Has Been Segmented Into
The polypropylene segment is accounted for the largest revenue share of 33.1% in 2020 owing to its increasing consumption in automotive components, household goods, and packaging applications. The packaging segment is the largest revenue share of 31.2% in 2020.
The End User’s Industry Application On Injection Molded Plastics Market is,
The report offers an in-depth assessment of the growth and other aspects of the Injection Molded Plastics Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
In Europe, the market for injection molded plastics is expected to reach USD 96.2 Billion by 2026. Europe’s non-food and beverages packaging applications include cosmetics and toiletries, pharmaceuticals, and household chemicals.
The Asia Pacific injection molded plastics market and accounted for the largest revenue share of 39.1% in 2020.
Injection Molded Plastics Market highlights the potential growth opportunities in upcoming years while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects in the global market. The Global Injection Molded Plastics Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 5.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| Owens Corning, Jushi Group, Binani Industries, Saint-Gobain, Taiwan Glass, CPIC, Nippon Electric Glass, Nitto Boseki, China Beihai, Jiangsu Changhai, Texas Fiberglass, Jiangsu Jiuding, BASF SE (Germany), Dow Inc. (U.S), DuPont (U.S), HTI Plastics (U.S), Valder Kunststoffverarbeitungs GmbH (Germany), LyondellBasell (Netherlands), Toshiba Corporation (Japan), Coastal Plastic Molding, Inc.(U.S.), Huntsman Corporation. (U.S.), Magna International Inc.(Canada) |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during the COVID19 Pandemic. Additionally, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Injection Molded Plastics Market is studied from 2017 - 2027.
What is the growth rate of Injection Molded Plastics Market?
The Injection Molded Plastics Market is growing at a CAGR of 5.3% over the next 5 years.
Who are the key players in Injection Molded Plastics Market?
Owens Corning, Jushi Group, Binani Industries, Saint-Gobain, Taiwan Glass, CPIC, Nippon Electric Glass, Nitto Boseki, China Beihai, Jiangsu Changhai, Texas Fiberglass, Jiangsu Jiuding, BASF SE (Germany), Dow Inc. (U.S), DuPont (U.S), HTI Plastics (U.S), Valder Kunststoffverarbeitungs GmbH (Germany), LyondellBasell (Netherlands), Toshiba Corporation (Japan), Coastal Plastic Molding, Inc.(U.S.), Huntsman Corporation. (U.S.), Magna International Inc.(Canada)
What region does this Injection Molded Plastics Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Injection Molded Plastics Market?
Automotive, Medical Industry, Food & Beverage Industry, Consumer Goods Industry, Electronics & Telecom Industry, Construction, Shoe Industry, Home Appliance, Others
What are the major end-use applications of Injection Molded Plastics Market?
Electric Type, Hydraulic Type, Hybrid Type
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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