Injection Molding Market Size, Share, Forecast, & Trends Analysis by Material, Technology, Application, Sector, and Geography

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Injection Molding Market by Material (Plastic, Metal), Technology, (Structural Foam Molding, Liquid Silicone Injection Molding), Application, Sector (Packaging, Electronics, and Healthcare) and Geography-Global Forecast to 2031

The research report titled 'Injection Molding Market by Material (Plastic, Metal), Technology, (Structural Foam Molding, Liquid Silicone Injection Molding), Application, Sector (Packaging, Electronics, and Healthcare) and Geography-Global Forecast to 2031' provides an in-depth analysis of injection molding market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The injection molding market is projected to reach $426.4 billion by 2031, at a CAGR of 3.9% during the forecast period 2024-2031.

The growth of the injection molding market is primarily driven by the high demand for injection-molded products in the packaging industry, increasing usage in the automotive sector, and rising demand from the consumer electronics industry. However, the high initial and maintenance costs of injection molding machines restrain the growth of this market.

Moreover, the increasing demand for injection-molded products in healthcare is expected to generate growth opportunities for the players operating in this market. However, misconceptions regarding injection molding are a challenge impacting the growth of the injection molding market.

The injection molding market is segmented by material (plastic, {polypropylene, polyurethane, acrylonitrile butadiene styrene, polyethylene terephthalate, polyethylene, and other plastic materials}, metal {stainless steel, tungsten carbides, alloys, cobalt-chrome, titanium, and other metal materials}, other materials), technologies (gas-assisted injection molding, thin-wall molding, liquid silicone injection molding, structural foam molding, and metal injection molding), application (automotive components, food & beverage packaging, stock materials, toys and figurines, mechanical components, electronics hardware and housings, medical device components, and other applications), sector (electronics, automotive, building & constructions, transportation, healthcare, packaging, consumer goods, mechanical engineering, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on material, the injection molding market is segmented into plastic, metal, and other materials. In 2024, the plastic segment is expected to account for the largest share of over 90.0% of the injection molding market. The segment's large share is attributed to the growing focus on using recycled materials and developing biodegradable plastics, increasing demand for consumer products such as packaging, household items, and toys, and the rising shift toward lightweight and durable materials in the automotive sector. Moreover, this segment is expected to grow at a higher CAGR during the forecast period.

Based on technology, the injection molding market is segmented into gas-assisted injection molding, thin-wall molding, liquid silicone injection molding, structural foam molding, and metal injection molding. In 2024, the structural foam molding segment is expected to account for the largest share of the injection molding market. The segment's large share is attributed to the growing industrialization and infrastructure development, increasing demand for high-performance materials, and rising adoption of foam injection molding in the automotive sector. Moreover, this segment is expected to grow at a higher CAGR during the forecast period.

Based on application, the injection molding market is segmented into automotive components, food and beverage packaging, stock materials, toys and figurines, mechanical components, electronics hardware and housings, medical device components, and other applications. In 2024, the food & beverage packaging segment is expected to account for the largest share of over 22.8% of the injection molding market. The segment's large market share is attributed to the rising demand for precise, tamper-evident, and secure packaging solutions and the growing use of containers, dairy juice & water packaging, beverage caps & closures. Moreover, this segment is expected to register the highest CAGR during the forecast period.

Based on sector, the injection molding market is segmented by sector into consumables and electronics, automotive, building and construction, transportation, healthcare, packaging, consumer goods, mechanical engineering, and other sectors. In 2024, the packaging segment is expected to account for the largest share, over 24.0% of the injection molding market. This segment's large market share is attributed to the increasing consumer demand for personalized and unique packaging designs, growing demand for custom packaging, and expansion of e-commerce platforms increasing the need for durable, protective, and cost-effective packaging solutions. Moreover, this segment is expected to grow at a higher CAGR during the forecast period.

Based on geography, the injection molding market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 41.3% of the injection molding market. The presence of prominent injection molding players is expected to contribute to the high revenue share of this region. Moreover, Asia-Pacific is expected to witness the highest CAGR of 5.4% during the forecast period. The rapid industrialization and governments in the region investing in infrastructure and manufacturing capabilities are predicted to fuel the injection molding market's expansion. In addition, rapid growth in the automotive industry, rising demand from the consumer electronics industry, and growing emphasis on sustainability drive the demand for injection molding in the region.

The key players operating in the injection molding market are C&J Industries, Inc. (U.S.), Biomerics (U.S.), All-Plastics, LLC. (U.S.), Majors Plastics, Inc. (U.S.), HTI Plastics (U.S.), The Rodon Group (U.S.), EVCO Plastics (U.S.), Tessy Plastics Corporation (U.S.), SCHOTT AG (Germany), ENGEL AUSTRIA GmbH (Austria), Husky Technologies (Canada), and NISSEI PLASTIC INDUSTRIAL CO., LTD. (Japan).

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of material, technology, application, and sector?
What is the historical market size for injection molding across the globe?
What are the market forecasts and estimates for 2024-2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the injection molding market?
Who are the major players in the injection molding market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the injection molding market?
What are the various strategies adopted by major market players?
What are the geographic trends and high-growth countries?
Who are the local emerging players in the injection molding market? How do they compete with the other players?

Scope of the Report:

Injection Molding Market Assessment-by Material

Plastic
- Polypropylene
- Polyurethane
- Acrylonitrile Butadiene Styrene
- Polyethylene Terephthalate
- Polyethylene
- Other Plastic Materials
Metal
- Stainless Steel
- Tungsten Carbides
- Alloys
- Cobalt-chrome
- Titanium
- Other Metal Materials
Other Materials

Injection Molding Market Assessment-by Technology

Gas-Assisted Injection Molding
Thin-Wall Molding
Liquid Silicone Injection Molding
Structural Foam Molding
Metal Injection Molding

Injection Molding Market Assessment-by Application

Automotive Components
Food & Beverage Packaging
Stock Materials
Toys and Figurines
Mechanical Components
Electronic Hardware and Housings
Medical Device Components
Other Applications

Injection Molding Market Assessment-by Sector

Electronics
Automotive
Building & Constructions
Transportation
Healthcare
Packaging
Consumer Goods
Mechanical Engineering
Other Sectors

Injection Molding Market Assessment-by Geography

North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Switzerland
- Poland
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Singapore
- South Korea
- Australia & New Zealand
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- UAE
- Israel
- Rest of Middle East & Africa

Product Code: MRCHM - 1041298

1. Introduction

1.1. Market Definition & Scope
1.2. Currency & Limitations
- 1.2.1. Currency
- 1.2.2. Limitations

2. Research Methodology

2.1. Research Approach
2.2. Data Collection & Validation Process
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing & Forecasting
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview
3.2. Market Analysis, by Material
3.3. Market Analysis, by Technology
3.4. Market Analysis, by Application
3.5. Market Analysis, by Sector
3.6. Market Analysis, by Geography
3.7. Competitive Analysis

4. Market Insights

4.1. Overview
4.2. Factors Affecting Market Growth
- 4.2.1. Drivers
  - 4.2.1.1. High Demand for Injection-molded Packaging Products
  - 4.2.1.2. Increasing Use in Automotive Sector
  - 4.2.1.3. Rising Demand from Consumer Electronics Industry
- 4.2.2. Restraints
  - 4.2.2.1. High Initial and Maintenance Cost of Machines
- 4.2.3. Opportunities
  - 4.2.3.1. Increasing Demand for Injection-Molded Products in Healthcare
- 4.2.4. Challenges
  - 4.2.4.1. Misconception Regarding Injection Molding
4.4. Vendor Selection Criteria/Factors Influencing Purchase Decisions
4.5. Case Studies

5. Global Injection Molding Market Assessment-by Material

5.1. Overview
5.2. Plastic
- 5.2.1. Polypropylene
- 5.2.2. Polyurethane
- 5.2.3. Acrylonitrile butadiene styrene
- 5.2.4. Polyethylene Terephthalate
- 5.2.5. Polyethylene
- 5.2.6. Other Plastic Materials
5.3. Metal
- 5.3.1. Stainless steel
- 5.3.2. Tungsten Carbides
- 5.3.3. Alloys
- 5.3.4. Cobalt-chrome
- 5.3.5. Titanium
- 5.3.6. Other Metal Materials
5.4. Other Materials

6. Global Injection Molding Market Assessment-by Technologies

6.1. Overview
6.2. Gas-Assisted Injection Molding
6.3. Thin-Wall Molding
6.4. Liquid Silicone Injection Molding
6.5. Structural Foam Molding
6.6. Metal Injection Molding

7. Global Injection Molding Market Assessment-by Application

7.1. Overview
7.2. Automotive Components
7.3. Food & Beverage Packaging
7.4. Stock Materials
7.5. Toys & Figurines
7.6. Mechanical Components
7.7. Electronic Hardware and Housings
7.8. Medical Device Components
7.9. Other Applications

8. Global Injection Molding Market Assessment-by Sector

8.1. Overview
8.2. Electronics
8.3. Automotive
8.4. Building & Construction
8.5. Transportation
8.6. Healthcare
8.7. Packaging
8.8. Consumer Goods
8.9. Mechanical Engineering
8.10. Other Sectors

9. Injection Molding Market Assessment-by Geography

9.1. Overview
9.2. North America
- 9.2.1. U.S.
- 9.2.2. Canada
9.3. Europe
- 9.3.1. U.K.
- 9.3.2. Germany
- 9.3.3. France
- 9.3.4. Spain
- 9.3.5. Italy
- 9.3.6. Switzerland
- 9.3.7. Poland
- 9.3.8. Rest of Europe
9.4. Asia-Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. Singapore
- 9.4.5. South Korea
- 9.4.6. Australia & New Zealand
- 9.4.7. Rest of Asia-Pacific
9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Rest of Latin America
9.6. Middle East & Africa
- 9.6.1. UAE
- 9.6.2. Israel
- 9.6.3. Rest of Middle East & Africa

10. Competition Analysis

10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
- 10.4.1. Industry Leaders
- 10.4.2. Market Differentiators
- 10.4.3. Vanguards
- 10.4.4. Emerging Companies
10.5. Market Rankings of Key Players

11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments, and SWOT Analysis*)

11.1. C&J Industries, Inc. (U.S.)
11.2. Biomerics (U.S.)
11.3. All-Plastics, LLC. (U.S.)
11.4. Majors Plastics, Inc. (U.S.)
11.5. HTI Plastics (U.S.)
11.6. The Rodon Group (U.S.)
11.7. EVCO Plastics (U.S.)
11.8. Plastics Corporation (U.S.)
11.9. SCHOTT AG (Germany)
11.10. ENGEL SWITZERLAND GmbH (Switzerland)
11.11. Husky Technologies (Canada)
11.12. NISSEI PLASTIC INDUSTRIAL Co., Ltd. (Japan)

(Note: SWOT analysis will be provided for the top 5 companies.)

12. Appendix

12.1. Available Customization