Market Insights

According to Future Market Consulting analysis, Plastic Injection Molding Market size was valued at USD 8.21 Billion in 2021 and is projected to reach USD 13.35 Billion by 2030, growing at a CAGR of 3.14 % from 2022 to 2030.

Injection molded polymers are employed in an automated process, lowering manufacturing costs. It also decreases waste generation throughout the manufacturing process. Minimal production wastage and a quicker production method will help the injection molded plastics market expand. In addition, the process may create plastic parts using multiple types of plastics at the same time. Furthermore, technical advancements in the injection molding process, where robots are employed to execute various activities, such as finalizing and constructing injection molded parts, as well as delivering elements into the injection molding, will promote market growth. Therefore, high initial tooling costs and fluctuating oil & gasoline prices may hamper market growth.

High infrastructure spending, especially in developing nations, should benefit the plastic injection molding market by increasing public facilities and housing developments. Furthermore, increased urbanization, along with stringent government regulations for energy-efficient architecture and smart infrastructure technology, will boost Asia-Pacific industrial growth.

Key Players

• BASF SE
• Exxon Mobil
• DuPont
• Dow Chemical Company
• Huntsman Corporation
• LyondellBasell
• Eastman
• SABIC
• CNPC
• INEOS

Segmentation

By Material

• Polypropylene (PP)
• Acrylonitrile Butadiene Styrene (ABS)
• High-Density Polyethylene (HDPE)
• Polystyrene (PS)
• Other Materials

By Application

• Packaging
• Consumables & Electronics
• Automotive & Transportation
• Building & Construction
• Medical & Pharmaceuticals
• Other Applications

By Region

North America

• S.
• Canada
• Mexico

Europe

• France
• UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Rest of Asia Pacific

Middle East & Africa

• GCC
• South Africa
• Rest of the MEA

South America

• Brazil
• Argentina
• Rest of South America