Product Code: PM1060
The global injection molded plastic market size is expected to reach USD 471.35 billion by 2034, according to a new study by Polaris Market Research. The report "Injection Molded Plastic Market Size, Share, Trends, Industry Analysis Report: By Raw, By Application (Packaging, Automotive & Transportation, Building & Construction, Consumables & Electronics, Medical, and Others), and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Injection molding is a manufacturing process that involves injecting molten plastic into a mold to produce high-volume, precision parts with consistent quality. The market has experienced rapid growth in recent years due to advancements in polymer technologies, increasing demand for lightweight and durable materials, and cost-effective mass production capabilities.
The automotive sector is one of the largest consumers of injection molded plastics, primarily due to the increasing need for lightweight, fuel-efficient vehicles. Injection molded parts are used in interior trims, dashboards, bumpers, door panels, and under-the-hood components, contributing to weight reduction and improved fuel efficiency.
The rise in adoption of electric vehicles (EVs) has accelerated the injection molded plastic market demand, as EVs require lightweight materials to offset battery weight and enhance range. Injection molded plastics, such as polyamide (PA) and polybutylene terephthalate (PBT), are increasingly used in EV components due to their thermal stability and electrical insulation properties.
The demand for convenient, lightweight, and cost-effective packaging solutions in e-commerce and ready-to-eat food is propelling the requirement for injection molded plastics. Injection molding enables high-speed production of uniform, durable packaging that meets hygiene and safety standards.
Injection Molded Plastic Market Report Highlights
In terms of raw material, the polypropylene (PP) segment dominated the injection molded plastic market share in 2024 due to its exceptional versatility, cost-effectiveness, and superior chemical resistance.
Based on application, the packaging segment dominated the market share in 2024 due to rising demand for lightweight, durable, and cost-efficient packaging solutions across industries.
Asia Pacific accounted for a major share of the global market in 2024 due to its robust manufacturing base, rising urbanization, and increasing consumer demand across key industries such as automotive, packaging, and electronics.
The market in North America is expected to expand at a rapid pace in the coming years, owing to the technological advancements in precision molding and the increasing adoption of high-performance polymers in the automotive and healthcare sectors.
A few of the global key market players are ALPLA; AptarGroup, Inc.; BASF SE; Berry Global, Inc.; Dow, Inc.; DuPont de Nemours, Inc.; Eastman Chemical Company; ExxonMobil Corporation; Heppner Molds; HTI Plastics Inc.; Huntsman International LLC.; IAC Group; INEOS Group; LACKS ENTERPRISES, INC.; LyondellBasell Industries Holdings B.V.; Magna International, Inc.; Master Molded Products Corporation; Rutland Plastics; SABIC; and The Rodon Group.
Polaris Market Research has segmented the injection molded plastic market report on the basis of raw material, application, and region:
By Raw Material Outlook (Revenue, USD Billion, 2020-2034)
Acrylonitrile Butadiene Styrene (ABS)
Polypropylene (PP)
High-Density Polyethylene (HDPE)
Polystyrene (PS)
Low-Density Polyethylene (LDPE)
Polyethylene (PE)
Others
By Application Outlook (Revenue, USD Billion, 2020-2034)
Packaging
Automotive & Transportation
Building & Construction
Consumables & Electronics
Medical
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Injection Molded Plastic Market Insights
- 4.1. Injection Molded Plastic Market - Market Snapshot
- 4.2. Injection Molded Plastic Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Adoption of Electric Vehicles Globally
- 4.2.1.2. Growing Urbanization Worldwide
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of molding process
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Injection Molded Plastic Market Trends
- 4.6. Value Chain Analysis
5. Global Injection Molded Plastic Market, by Raw Material
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 5.3. Acrylonitrile Butadiene Styrene (ABS)
- 5.3.1. Global Injection Molded Plastic Market, by Acrylonitrile Butadiene Styrene (ABS), by Region, 2020-2034 (USD Billion)
- 5.4. Polypropylene (PP)
- 5.4.1. Global Injection Molded Plastic Market, by Polypropylene (PP), by Region, 2020-2034 (USD Billion)
- 5.5. High-Density Polyethylene (HDPE)
- 5.5.1. Global Injection Molded Plastic Market, by High-Density Polyethylene (HDPE), by Region, 2020-2034 (USD Billion)
- 5.6. Polystyrene (PS)
- 5.6.1. Global Injection Molded Plastic Market, by Polystyrene (PS), by Region, 2020-2034 (USD Billion)
- 5.7. Low-Density Polyethylene (LDPE)
- 5.7.1. Global Injection Molded Plastic Market, by Low-Density Polyethylene (LDPE), by Region, 2020-2034 (USD Billion)
- 5.8. Polyethylene (PE)
- 5.8.1. Global Injection Molded Plastic Market, by Polyethylene (PE), by Region, 2020-2034 (USD Billion)
- 5.9. Others
- 5.9.1. Global Injection Molded Plastic Market, by Others, by Region, 2020-2034 (USD Billion)
6. Global Injection Molded Plastic Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 6.3. Packaging
- 6.3.1. Global Injection Molded Plastic Market, by Packaging, by Region, 2020-2034 (USD Billion)
- 6.4. Automotive & Transportation
- 6.4.1. Global Injection Molded Plastic Market, by Automotive & Transportation, by Region, 2020-2034 (USD Billion)
- 6.5. Building & Construction
- 6.5.1. Global Injection Molded Plastic Market, by Building & Construction, by Region, 2020-2034 (USD Billion)
- 6.6. Consumables & Electronics
- 6.6.1. Global Injection Molded Plastic Market, by Consumables & Electronics, by Region, 2020-2034 (USD Billion)
- 6.7. Medical
- 6.7.1. Global Injection Molded Plastic Market, by Medical, by Region, 2020-2034 (USD Billion)
- 6.8. Others
- 6.8.1. Global Injection Molded Plastic Market, by Others, by Region, 2020-2034 (USD Billion)
7. Global Injection Molded Plastic Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Injection Molded Plastic Market Assessment, By Geography, 2020-2034 (USD Billion)
- 7.3. Injection Molded Plastic Market - North America
- 7.3.1. North America: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.3.2. North America: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.3.3. Injection Molded Plastic Market - U.S.
- 7.3.3.1. U.S.: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.3.3.2. U.S.: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.3.4. Injection Molded Plastic Market - Canada
- 7.3.4.1. Canada: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.3.4.2. Canada: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4. Injection Molded Plastic Market - Europe
- 7.4.1. Europe: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.2. Europe: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.3. Injection Molded Plastic Market - UK
- 7.4.3.1. UK: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.3.2. UK: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.4. Injection Molded Plastic Market - France
- 7.4.4.1. France: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.4.2. France: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.5. Injection Molded Plastic Market - Germany
- 7.4.5.1. Germany: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.5.2. Germany: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.6. Injection Molded Plastic Market - Italy
- 7.4.6.1. Italy: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.6.2. Italy: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.7. Injection Molded Plastic Market - Spain
- 7.4.7.1. Spain: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.7.2. Spain: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.8. Injection Molded Plastic Market - Netherlands
- 7.4.8.1. Netherlands: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.8.2. Netherlands: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.9. Injection Molded Plastic Market - Russia
- 7.4.9.1. Russia: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.9.2. Russia: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.4.10. Injection Molded Plastic Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.4.10.2. Rest of Europe: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5. Injection Molded Plastic Market - Asia Pacific
- 7.5.1. Asia Pacific: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.3. Injection Molded Plastic Market - China
- 7.5.3.1. China: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.3.2. China: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.4. Injection Molded Plastic Market - India
- 7.5.4.1. India: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.4.2. India: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.5. Injection Molded Plastic Market - Malaysia
- 7.5.5.1. Malaysia: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.5.2. Malaysia: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.6. Injection Molded Plastic Market - Japan
- 7.5.6.1. Japan: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.6.2. Japan: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.7. Injection Molded Plastic Market - Indonesia
- 7.5.7.1. Indonesia: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.7.2. Indonesia: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.8. Injection Molded Plastic Market - South Korea
- 7.5.8.1. South Korea: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.8.2. South Korea: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.9. Injection Molded Plastic Market - Australia
- 7.5.9.1. Australia: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.9.2. Australia: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.5.10. Injection Molded Plastic Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.5.10.2. Rest of Asia Pacific: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6. Injection Molded Plastic Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6.3. Injection Molded Plastic Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.3.2. Saudi Arabia: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6.4. Injection Molded Plastic Market - UAE
- 7.6.4.1. UAE: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.4.2. UAE: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6.5. Injection Molded Plastic Market - Israel
- 7.6.5.1. Israel: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.5.2. Israel: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6.6. Injection Molded Plastic Market - South Africa
- 7.6.6.1. South Africa: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.6.2. South Africa: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.6.7. Injection Molded Plastic Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.6.7.2. Rest of Middle East & Africa: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.7. Injection Molded Plastic Market - Latin America
- 7.7.1. Latin America: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.7.3. Injection Molded Plastic Market - Mexico
- 7.7.3.1. Mexico: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.7.3.2. Mexico: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.7.4. Injection Molded Plastic Market - Brazil
- 7.7.4.1. Brazil: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.7.4.2. Brazil: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.7.5. Injection Molded Plastic Market - Argentina
- 7.7.5.1. Argentina: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.7.5.2. Argentina: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
- 7.7.6. Injection Molded Plastic Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Injection Molded Plastic Market, by Raw Material, 2020-2034 (USD Billion)
- 7.7.6.2. Rest of Latin America: Injection Molded Plastic Market, by Application, 2020-2034 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. ALPLA
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. AptarGroup, Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. BASF SE
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Berry Global, Inc.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Dow, Inc.
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. DuPont de Nemours, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Eastman Chemical Company
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. ExxonMobil Corporation
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Heppner Molds
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. HTI Plastics Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Huntsman International LLC.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development