North America Injection Molded Plastic Market Size & Outlook

The injection molded plastic market in North America is expected to reach a projected revenue of US$ 74,970.0 million by 2030. A compound annual growth rate of 2.7% is expected of North America injection molded plastic market from 2024 to 2030.
Revenue, 2023 (US$M)
$62,166.6
Forecast, 2030 (US$M)
$74,970.0
CAGR, 2024 - 2030
2.7%
Report Coverage
North America

North America injection molded plastic market highlights

  • The North America injection molded plastic market generated a revenue of USD 62,166.6 million in 2023.
  • The market is expected to grow at a CAGR of 2.7% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 62,166.6 million
Market revenue in 2030USD 74,970.0 million
Growth rate2.7% (CAGR from 2023 to 2030)
Largest segmentPolypropylene
Fastest growing segmentPolypropylene
Historical data covered2019 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials
Key market players worldwideExxon 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, North America region accounted for 18.8% 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 Companies

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North America 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 36.94% in 2023. Horizon Databook has segmented the North America 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 packaging demand from the food & beverage industry is expected to remain a key driving factor for North America’s injection molded plastics market over the forecast period. Increasing demand for processed foods and soft drinks & alcohol is expected to be responsible for food & beverage industry growth over the past few years. 

The growth of the building & construction industry in the U.S. is expected to positively influence North America’s injection molded plastics market over the forecast period. Building & construction industry in the U.S. is expected to show signs of recovery over the forecast period. 

The furniture & furnishing segment in construction and buildings are expected to increase plastic demand significantly. This factor is also likely to drive injection molded plastics demand. Increasing electronic appliances such as microwave ovens, washing machines, and refrigerators.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America injection molded plastic market , including forecasts for subscribers. This continent databook contains high-level insights into North America injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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North America injection molded plastic market outlook size, by country, 2019-2030 (US$M)

North America Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)

North America injection molded plastic market outlook size, by country, 2019-2030 (US$M)

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