The global market for plastic injection molding was valued at $191.0 billion in 2023. The market is estimated to grow from $192.7 billion in 2024 to $235.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029.
The Asia-Pacific market for plastic injection molding is estimated to grow from $88.6 billion in 2024 to $111.9 billion by the end of 2029, at a CAGR of 4.8% from 2024 to 2029.
The North American market for plastic injection molding is estimated to grow from $48.1 billion in 2024 to $59.6 billion by the end of 2029, at a CAGR of 4.4% from 2024 to 2029.
Report Scope:
This report presents a detailed qualitative as well as quantitative analysis of thermoplastics within the injection molding market. The market estimates and forecasts are prepared based on the revenue generated from plastics sales to the injection molding industry. In addition, qualitative analyses of the market scenario for injection molding companies are also provided where necessary for clarity.
The study considers 2023 as the base year; forecasts are provided for revenue from 2024 to 2029 ($ million). The market study is further sub-segmented as below -
- Type: Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), and Others.
- End-User: Packaging, Construction, Medical Devices, Transportation, and Others.
- Region: North America, Asia-Pacific, Europe, and the Rest of the World (RoW).
Report Includes:
- 47 data tables and 47 additional tables
- Analysis of the global markets for injection molding of thermoplastic materials
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected CAGRs through 2029
- Estimates of the current market size and revenue prospects, along with a market share analysis based on polymer type, end-user and region
- Facts and figures pertaining to the market dynamics, technology trends, regulations, and future prospects for the major types of thermoplastic resins used to produce molded products
- Review of the industry supply chain, using the Porter's Five Forces model, PESTLE and SWOT analyses to analyze the prevailing micro- and macro environmental factors
- Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies' ESG score rankings and their ESG practices
- A look at recent patents
- An analysis of the industry structure, including companies' market shares, alliances, M&A activity and venture funding outlook
- Profiles of the major global players, including BASF SE, SABIC, Exxon Mobil Corp., LG Chem and LyondellBasell Industries Holdings B.V.