Global Injection Molded Plastic Market Size & Outlook
Global injection molded plastic market, 2019-2030 (US$M)
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Global injection molded plastic market highlights
- The global injection molded plastic market generated a revenue of USD 330,413.8 million in 2023 and is expected to reach USD 423,753.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.6% by 2030.
- In terms of segment, polypropylene accounted for a revenue of USD 114,684.7 million in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 330,413.8 million |
| Market revenue in 2030 | USD 423,753.7 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
Other key industry trends
- In terms of revenue, the North America accounted for 18.8% of the global injection molded plastic market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 6,528.3 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global injection molded plastic market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.71% in 2023. Horizon Databook has segmented the Global injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Injection Molded Plastic Raw Material Outlook (Revenue, USD Million, 2019-2030)
- Polypropylene
- Acrylonitrile butadiene styrene
- High-density polyethylene
- Polystyrene
- Other Raw Materials
- Global Injection Molded Plastic Application Outlook (Revenue, USD Million, 2019-2030)
- Packaging
- Consumables & Electronics
- Automotive & Transportation
- Building & Construction
- Medical
- Other Applications
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Our clientele includes a mix of injection molded plastic market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global injection molded plastic market , including forecasts for subscribers. This global databook contains high-level insights into Global injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Global injection molded plastic market outlook size, by region, 2019-2030 (US$M)
Top 10 countries: Injection molded plastic market size, 2023 (US$M)
Global injection molded plastic market share, by raw material, 2023 & 2030 (%, US$M)
Injection molded plastic market: Opportunity assessment by country
Global injection molded plastic market, by region, 2023 (US$M)
| Raw Material | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 51,865.7 | 52,441.9 | 55,478.3 | 58,288.7 | 62,166.6 | 64,433.4 | 66,912.2 | 67,140.4 | 68,750.7 | 70,421.6 | 72,554.6 | 74,970.1 | 2.7% |
| Europe | 64,595.5 | 65,897.6 | 70,337.1 | 74,561.9 | 80,182.0 | 83,922.6 | 88,006.8 | 89,172.9 | 92,205.8 | 95,370.7 | 99,219.5 | 103,523.1 | 3.7% |
| Asia Pacific | 98,690.1 | 103,147.6 | 112,724.0 | 122,309.7 | 136,335.4 | 143,611.7 | 151,491.9 | 154,326.4 | 160,347.1 | 166,556.4 | 173,908.5 | 181,994.6 | 4.2% |
| Latin America | 15,972.8 | 16,108.3 | 16,996.6 | 17,811.2 | 18,957.5 | 19,585.1 | 20,272.1 | 20,274.2 | 20,691.5 | 21,123.5 | 21,690.0 | 22,336.0 | 2.4% |
| MEA | 27,078.9 | 27,513.6 | 29,225.1 | 30,804.7 | 32,772.3 | 34,225.7 | 35,782.8 | 36,117.1 | 37,169.9 | 38,231.9 | 39,518.5 | 40,930.0 | 3.2% |
| Overall | 258,203.0 | 265,108.9 | 284,761.2 | 303,776.2 | 330,413.8 | 345,778.5 | 362,465.8 | 367,030.9 | 379,165.0 | 391,704.1 | 406,891.2 | 423,753.7 | 3.6% |
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