UK Injection Molded Plastic Market Size & Outlook
UK injection molded plastic market, 2019-2030 (US$M)
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UK injection molded plastic market highlights
- The UK injection molded plastic market generated a revenue of USD 14,630.4 million in 2023 and is expected to reach USD 18,716.4 million by 2030.
- The UK market is expected to grow at a CAGR of 3.6% 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.
Injection molded plastic market data book summary
| Market revenue in 2023 | USD 14,630.4 million |
| Market revenue in 2030 | USD 18,716.4 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 4.4% of the global injection molded plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 28,920.9 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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UK 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 34.27% in 2023. Horizon Databook has segmented the UK 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.
The UK injection molded plastics market is expected to witness high investments by OEMs due to increased spending by automotive manufacturers for novel components. This is anticipated to boost the automotive OEM and industrial machinery sectors' consumption over the forecast period.
The UK is characterized as an economy that is heading towards maturity. The UK automotive manufacturing industry is characterized by several car manufacturers such as Honda Motor Company Nissan Motor Company, Vauxhall Motors, and others. Key commercial vehicle manufacturers include Alexander Dennis Limited, The Ford Motor Company, and London Taxis International.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into UK injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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UK injection molded plastic market outlook size, by raw material, 2019-2030 (US$M)
UK Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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