Spain Injection Molding Market Size & Outlook, 2022-2030
Spain injection molding market, 2018-2030 (US$M)
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Spain injection molding market highlights
- The Spain injection molding market generated a revenue of USD 4,172.3 million in 2022 and is expected to reach USD 5,694.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2022.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding market data book summary
| Market revenue in 2022 | USD 4,172.3 million |
| Market revenue in 2030 | USD 5,694.7 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metal, Other Material |
| Key market players worldwide | Biomerics, Proto Labs Inc, C&J Industries, Inc, All-Plastics, HTI Plastics, The Rodon Group, EVCO Plastics, Tessy Plastics Corporation, Currier Plastics, Formplast, H&K Müller, Hehnke, TR PLAST GROUP |
Other key industry trends
- In terms of revenue, Spain accounted for 1.5% of the global injection molding market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany injection molding 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 23,797.7 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain injection molding 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 molding market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 98.33% in 2022. Horizon Databook has segmented the Spain injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in the GDP of Spain is fueled by the national economic recovery plans, and a gradual increase in tourism activities in the country. The demand for injection molded products and injection molding machines in Spain is expected to be driven by its automotive industry.
According to ICEX, the automobile manufacturing sector of the country was the second-largest in Europe. The sector is expected to continue to witness growth over the forecast period, thereby fueling the growth of the injection molding market in Spain. According to the National Automotive Association (ANFAC), the automotive production sector is expected to witness promising growth in 2024.
The automotive production increased in January 2024 by 18.7% onyear, reaching 230,956 units produced. The steady increase in production in the automotive industry of the country has resulted in high demand for injection molded products and injection molding machines.
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Our clientele includes a mix of injection molding market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain injection molding market , including forecasts for subscribers. This country databook contains high-level insights into Spain injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain injection molding market size, by material, 2018-2030 (US$M)
Spain Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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