Market revenue in 2022 | USD 6,054.2 million |
Market revenue in 2030 | USD 8,056.2 million |
Growth rate | 3.6% (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 |
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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 98.48% in 2022. Horizon Databook has segmented the UK injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
The Government of the UK has announced various incentives and packages to facilitate the growth of the construction industry. Moreover, in September 2021, the government of the country announced its National Infrastructure and Construction Pipeline, which includes an investment worth USD 762 Billion for infrastructure development projects in the UK during the next 10 years.
Increasing investments in the construction industry of the country are projected to have a positive impact on the growth of the injection molding market in the UK over the forecast period. According to the Society of Motor Manufacturers and Traders (SMMT), a significant surge in private investment was witnessed in the automotive industry, reaching an approximate USD 24.9 billion (GBP 20 billion) in 2023.
Moreover, new registrations of battery-operated electric vehicles, hybrid electric vehicles, and plug-in electric vehicles have increased significantly in the UK. Moreover, in 2020, the government of the country announced its plans to halt the sales of conventional vehicles by 2030 and allow the sales of only zero-emission vehicles from 2035 onward.
Horizon Databook provides a detailed overview of country-level data and insights on the UK injection molding market , including forecasts for subscribers. This country databook contains high-level insights into UK injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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