Injection Molded Plastic Market was valued at US$ 288.65 Bn in 2022 and is expected to reach US$ 382.41 Bn by 2029, at a CAGR of 4.10% during a forecast period.Injection Molded Plastic Market Dynamics:
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Injection Molded Plastic market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to the emerging segment in the Injection Molded Plastic market.To know about the Research Methodology:-Request Free Sample Report Injection-molded plastics are utilized in the production of advanced complex and intricately shaped parts for exactness with the least waste. Due to these advantages, injection molded plastics are used in the manufacturing process of automotive elements, interior wrapping, and miscellaneous assembly components. It is also used in packaging industries to produce packaging parts & components to increase the aesthetics and consumer friendliness of the packaging products. Injection-molded plastics are extensively preferred for building and construction purposes due to the strength, durability, and appearance of injection-molded plastic parts. In the building and construction industry, these plastic parts or components are majorly working for piping systems, insulation, wallboard, and roofing purposes. The Healthcare industry is the fastest-growing sector for injection molded plastics industry during the forecast timeframe. Blood sample analysis cuvettes, parts of medical devices, and pregnancy test devices, housings for needles are a few of the segments, owing to the lightweight, cost-effectiveness, and easy serializable properties of injection-molded plastic. Factors such as low production rate and faster production process would boost the growth of the injection-molded plastic market. Additionally, the process has the ability to use several types of raw materials simultaneously to manufacture plastic parts. Furthermore, technological & innovative advancements in the injection molding process, where robots are used for performing different operations, such as finishing and assembling injection molded parts and loading components into the injection molding, would raise the growth of the market. Hence, the global injection molded plastic market is estimated to garner US$ 382.41 by 2029, registering a CAGR of 4.10% during 2022–2029. However, huge equipment or device costs and fluctuating prices of crude oil would hamper the growth of the market. The rise in demand for consumer goods, processed food, and beverages in emerging markets & plastics acquired more importance in different packaging industries owing to their durability, temperature resistance, and low cost. Due to such beneficial aspects, injection-molded polypropylene, ABS, HDPE, and others are used in different packaging applications, such as caps and closures, totes, industrial shipping pails, and crates. Such widespread scale applications of injection-molded polypropylene, ABS, and other similar materials are driving the growth of the global injection molded plastics market during the forecast timeframe. Growing concerns regarding toxic issues affecting petrochemicals along with reducing crude oil reserves have been driving the development of bio-based polymers. Government rules & regulations restricting the consumption of petrochemical-derived polymers in certain applications such as food packaging and medical devices are likely to further incentivize the production of bio-based polymers. Based on raw material type, Polypropylene holds the largest raw material segment and accounted for just over 35% of total demand in 2022 due to its rising consumption in household appliances, automotive components, and packaging applications. Growing penetration of polypropylene finished products in food packaging, protective caps in electrical contacts, and battery housings is expected to contribute to the growth of the segment over the forecast period. In terms of application, the packaging segment of the molded plastics market is likely to grow at the highest CAGR during the forecast timeframe. Automobiles, pharmaceutical, chemical, and personal care industries are the main consumers of molded products, which are used to produce bottles, packaging films, cans, and containers. In terms of revenue, automotive & transportation application holds the highest growth rate, increasing with an estimated gain of over 5.9% up to 2029. Polymers offer flexibility in design to manufacture vehicle components compared to steel substrates, which may positively affect automotive plastics market demand over the forecast period.
Barrier Systems Market Regional Analysis:
Globally, Asia Pacific dominated the global demand and accounted for the highest market in 2022. Increasing infrastructure funding, coupled with growing automobile demand in countries such as China, India, Indonesia, and Malaysia, are likely to propel the regional market. North America's dominant injection-molded plastic market demand, is set to grow at more than 4.95% CAGR up to 2029. Factors that boost the demand for the market is the rise in automobile’s packaging due to an increase in processed food & alcohols demand coupled with building & construction industry.Injection Molded Plastic Market, Key Highlights:
Global Injection Molded Plastic Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Injection Molded Plastic Market Global Injection Molded Plastic Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Market are also profiled.Injection Molded Plastic Market Scope : Inquire before buying
Global Injection Molded Plastic Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 288.65 Bn. Forecast Period 2023 to 2029 CAGR: 4.10% Market Size in 2029: US $ 382.41 Bn. Segments Covered: by Application Automobile Consumer Goods & Electronics Packaging Building & Construction Others by Raw Material Type Polypropylene Acrylonitrile Butadiene Styrene (ABS) Polystyrene High Density Polyethylene (HDPE) Others Injection Molded Plastic Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Injection Molded Plastic Market, Key Players are
1. BASF SE 2. Exxon Mobil 3. DuPont 4. Dow Chemical Company 5. Huntsman Corporation 6. LyondellBasell 7. Eastman 8. SABIC 9. CNPC 10. INEOS. 11. China Petroleum 12. Formosa Plastics 13. Reliance Industries 14. Magna International 15. HTI Plastics Frequently Asked Questions: 1. Which region has the largest share in Global Injection Molded Plastic Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Injection Molded Plastic Market? Ans: The Global Injection Molded Plastic Market is growing at a CAGR of 4.10% during forecasting period 2023-2029. 3. What is scope of the Global Injection Molded Plastic market report? Ans: Global Injection Molded Plastic Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Injection Molded Plastic market? Ans: The important key players in the Global Injection Molded Plastic Market are – BASF SE, Exxon Mobil, DuPont, Dow Chemical Company, Huntsman Corporation, LyondellBasell, Eastman, SABIC, CNPC, INEOS., China Petroleum, Formosa Plastics, Reliance Industries, Magna International, HTI Plastics 5. What is the study period of this market? Ans: The Global Injection Molded Plastic Market is studied from 2022 to 2029.
1. Injection Molded Plastic Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Injection Molded Plastic Market: Dynamics 2.1. Injection Molded Plastic Market Trends by Region 2.1.1. North America Injection Molded Plastic Market Trends 2.1.2. Europe Injection Molded Plastic Market Trends 2.1.3. Asia Pacific Injection Molded Plastic Market Trends 2.1.4. Middle East and Africa Injection Molded Plastic Market Trends 2.1.5. South America Injection Molded Plastic Market Trends 2.2. Injection Molded Plastic Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Injection Molded Plastic Market Drivers 2.2.1.2. North America Injection Molded Plastic Market Restraints 2.2.1.3. North America Injection Molded Plastic Market Opportunities 2.2.1.4. North America Injection Molded Plastic Market Challenges 2.2.2. Europe 2.2.2.1. Europe Injection Molded Plastic Market Drivers 2.2.2.2. Europe Injection Molded Plastic Market Restraints 2.2.2.3. Europe Injection Molded Plastic Market Opportunities 2.2.2.4. Europe Injection Molded Plastic Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Injection Molded Plastic Market Drivers 2.2.3.2. Asia Pacific Injection Molded Plastic Market Restraints 2.2.3.3. Asia Pacific Injection Molded Plastic Market Opportunities 2.2.3.4. Asia Pacific Injection Molded Plastic Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Injection Molded Plastic Market Drivers 2.2.4.2. Middle East and Africa Injection Molded Plastic Market Restraints 2.2.4.3. Middle East and Africa Injection Molded Plastic Market Opportunities 2.2.4.4. Middle East and Africa Injection Molded Plastic Market Challenges 2.2.5. South America 2.2.5.1. South America Injection Molded Plastic Market Drivers 2.2.5.2. South America Injection Molded Plastic Market Restraints 2.2.5.3. South America Injection Molded Plastic Market Opportunities 2.2.5.4. South America Injection Molded Plastic Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Injection Molded Plastic Industry 2.8. Analysis of Government Schemes and Initiatives For Injection Molded Plastic Industry 2.9. Injection Molded Plastic Market Trade Analysis 2.10. The Global Pandemic Impact on Injection Molded Plastic Market 3. Injection Molded Plastic Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 3.1.1. Automobile 3.1.2. Consumer Goods & Electronics 3.1.3. Packaging 3.1.4. Building & Construction 3.1.5. Others 3.2. Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 3.2.1. Polypropylene 3.2.2. Acrylonitrile Butadiene Styrene (ABS) 3.2.3. Polystyrene 3.2.4. High Density Polyethylene (HDPE) 3.2.5. Others 3.3. Injection Molded Plastic Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Injection Molded Plastic Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 4.1.1. Automobile 4.1.2. Consumer Goods & Electronics 4.1.3. Packaging 4.1.4. Building & Construction 4.1.5. Others 4.2. North America Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 4.2.1. Polypropylene 4.2.2. Acrylonitrile Butadiene Styrene (ABS) 4.2.3. Polystyrene 4.2.4. High Density Polyethylene (HDPE) 4.2.5. Others 4.3. North America Injection Molded Plastic Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 4.3.1.1.1. Automobile 4.3.1.1.2. Consumer Goods & Electronics 4.3.1.1.3. Packaging 4.3.1.1.4. Building & Construction 4.3.1.1.5. Others 4.3.1.2. United States Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 4.3.1.2.1. Polypropylene 4.3.1.2.2. Acrylonitrile Butadiene Styrene (ABS) 4.3.1.2.3. Polystyrene 4.3.1.2.4. High Density Polyethylene (HDPE) 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 4.3.2.1.1. Automobile 4.3.2.1.2. Consumer Goods & Electronics 4.3.2.1.3. Packaging 4.3.2.1.4. Building & Construction 4.3.2.1.5. Others 4.3.2.2. Canada Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 4.3.2.2.1. Polypropylene 4.3.2.2.2. Acrylonitrile Butadiene Styrene (ABS) 4.3.2.2.3. Polystyrene 4.3.2.2.4. High Density Polyethylene (HDPE) 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 4.3.3.1.1. Automobile 4.3.3.1.2. Consumer Goods & Electronics 4.3.3.1.3. Packaging 4.3.3.1.4. Building & Construction 4.3.3.1.5. Others 4.3.3.2. Mexico Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 4.3.3.2.1. Polypropylene 4.3.3.2.2. Acrylonitrile Butadiene Styrene (ABS) 4.3.3.2.3. Polystyrene 4.3.3.2.4. High Density Polyethylene (HDPE) 4.3.3.2.5. Others 5. Europe Injection Molded Plastic Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.2. Europe Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3. Europe Injection Molded Plastic Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.1.2. United Kingdom Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.2. France 5.3.2.1. France Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.2.2. France Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.3.2. Germany Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.4.2. Italy Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.5.2. Spain Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.6.2. Sweden Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.7.2. Austria Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 5.3.8.2. Rest of Europe Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6. Asia Pacific Injection Molded Plastic Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.2. Asia Pacific Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3. Asia Pacific Injection Molded Plastic Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.1.2. China Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.2.2. S Korea Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.3.2. Japan Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.4. India 6.3.4.1. India Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.4.2. India Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.5.2. Australia Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.6.2. Indonesia Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.7.2. Malaysia Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.8.2. Vietnam Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.9.2. Taiwan Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 6.3.10.2. Rest of Asia Pacific Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 7. Middle East and Africa Injection Molded Plastic Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 7.2. Middle East and Africa Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 7.3. Middle East and Africa Injection Molded Plastic Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 7.3.1.2. South Africa Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 7.3.2.2. GCC Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 7.3.3.2. Nigeria Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 7.3.4.2. Rest of ME&A Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 8. South America Injection Molded Plastic Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 8.2. South America Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 8.3. South America Injection Molded Plastic Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 8.3.1.2. Brazil Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 8.3.2.2. Argentina Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Injection Molded Plastic Market Size and Forecast, by Application (2022-2029) 8.3.3.2. Rest Of South America Injection Molded Plastic Market Size and Forecast, by Raw Material Type (2022-2029) 9. Global Injection Molded Plastic Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Injection Molded Plastic Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. BASF SE 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Exxon Mobil 10.3. DuPont 10.4. Dow Chemical Company 10.5. Huntsman Corporation 10.6. LyondellBasell 10.7. Eastman 10.8. SABIC 10.9. CNPC 10.10. INEOS. 10.11. China Petroleum 10.12. Formosa Plastics 10.13. Reliance Industries 10.14. Magna International 10.15. HTI Plastics 11. Key Findings 12. Industry Recommendations 13. Injection Molded Plastic Market: Research Methodology 14. Terms and Glossary
