Europe Injection Molded Plastic Market Size & Outlook
Europe injection molded plastic market, 2019-2030 (US$M)
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Europe injection molded plastic market highlights
- The Europe injection molded plastic market generated a revenue of USD 80,182.0 million in 2023.
- The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 80,182.0 million |
| Market revenue in 2030 | USD 103,523.1 million |
| Growth rate | 3.7% (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 |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.3% of the global injection molded plastic market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 181,994.6 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 33.34% in 2023. Horizon Databook has segmented the Europe 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.
Increasing food & beverage demand is expected to drive injection molded plastics demand for packaging applications. The packaging is the leading application segment in Europe for the past few years. Low labor costs and growing consumer spending, particularly in Eastern European countries such as Romania, Croatia, and Poland, are expected to increase
Europe's packaging applications, which is expected to drive injection molded plastics to demand in the region. Europe's non–food & beverages packaging applications include cosmetics & toiletries, pharmaceutical, and household chemicals. Increasing electronic appliances demand such as laptops and cellular phones, particularly in the UK, Germany, France, and Germany, is expected to drive injection molded plastics demand for consumables & electronics 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 continent-level data and insights on the Europe injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Europe injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe injection molded plastic market outlook size, by country, 2019-2030 (US$M)
Europe Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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