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PUBLISHER: The Insight Partners | PRODUCT CODE: 1509774

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PUBLISHER: The Insight Partners | PRODUCT CODE: 1509774

US Injection Molded Plastics Market Size and Forecast, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material, and End Use

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US injection molded plastics market is expected to grow from US$ 54.77 billion in 2023 to US$ 77.59 billion by 2031. It is expected to grow at a CAGR of 4.5% from 2023 to 2031.

Molded plastics are produced by injection molding process. In the US injection molded plastics market, the concentration of end-users is high. It is used for manufacturing of wide range of products such as packaging, consumer goods, automotive, construction materials and aerospace, among others. The customer base for injection molded plastics is expected to broaden over the coming years. The injection molded plastics demand in the US has been steadily increasing owing to the growing construction industry and surging infrastructure development. The construction industry strongly contributes to the US economy. Every year, US$ 1.4 trillion worth of structures are built nationwide.

The market witnesses broad range of strategic market initiatives by key players. Injection molded plastics manufacturers engage in mergers & acquisitions, collaborations, and other strategic developments to expand their clientele and enhance their market position. For instance, in April 2023, France-based Clayens acquired Parkway Products, expanding into North America with eight US locations, serving various industries, including industrial, infrastructure, agriculture, aerospace, defense, transportation, and healthcare. The acquisitions were aimed to cater to the growing demand for injection molded plastics in the US and expand its geographical reach. To cite another instance, in July 2021, Revere Plastics Systems acquired Ferguson Production Inc., a McPherson, Kansas-based company. This acquisition expands Revere's North American manufacturing footprint from 8 to 9 locations.

A few of the players in the market are also expanding their manufacturing units to cater to the growing demand for injection molded plastics in various end-use industries. For instance, in February 2024, Mack Molding, a top custom plastic injection molder and contract manufacturing service provider, expanded its press fleet at its Cavendish facility, adding a 240-ton Milacron Electric Roboshot E240 press and a 125-ton Milacron Q110 Hybrid press to its total production capacity. The expansion was aimed to cater to the growing demand for injection molded plastics from various end-use industries. Thus, strategic initiatives by key players are expected to fuel the US injection molded plastics market growth during the forecast period.

Based on material, the US injection molded plastics market is segmented into acrylonitrile butadiene styrene, nylon, polyethylene, polypropylene, polystyrene, polycarbonate, thermoplastic polyurethane, and others. In 2023, polypropylene segment held a significant market share and acrylonitrile butadiene styrene segment is expected to be the fastest-growing segment during the forecast period. The demand for acrylonitrile butadiene styrene (ABS) material in the injection molded plastics market is experiencing growth due to its unique properties. ABS offers a balance of unique properties, including excellent impact resistance, rigidity, and heat resistance, making it suitable for a wide range of applications across industries such as automotive, electronics, and consumer goods. In addition, ABS is also known for its ease of processing, allowing for efficient and cost-effective manufacturing of complex parts with intricate designs.

Polyethylene (PE) is being increasingly used for the development of injection molded plastics, owing to its versatility, performance, and sustainability. Polyethylene is highly versatile, offering a broad range of grades with varying densities and properties, catering to diverse applications such as packaging, automotive, construction, and healthcare. Its lightweight nature, coupled with excellent chemical resistance and durability, makes it a preferred choice for packaging materials, automotive components, and consumer products. Polypropylene offers a unique combination of properties, including excellent chemical resistance, stiffness, and thermal stability, making it suitable for a diverse range of applications spanning the automotive, packaging, appliances, and healthcare sectors. Its lightweight nature and ability to withstand high temperatures make it an ideal choice for components requiring durability and reliability.

Wilbert Plastic Services Inc, Rodon Ltd, Texas Injection Molding LLC, Nicolet Plastics LLC, Britech Industries, Ironwood Plastics Inc, Jones Plastic & Engineering LLC, Hi-Tech Mold and Tool Inc, Valencia Plastics Inc, Abtec Inc, Mack Group Inc, Bemis Contract Group, Revere Plastics Systems LLC, Parkway Products LLC, Thomson Plastics Inc, and Baxter Enterprises LLC, are among the leading players in the US injection molded plastics market. These companies are adopting mergers & acquisitions and product launches to expand their geographic presence and consumer bases.

The overall US injection molded plastics market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants, including valuation experts, research analysts, and key opinion leaders-specializing in the US injection molded plastics market.

Product Code: TIPRE00039183

Table Of Contents

1. Introduction

  • 1.1 The Insight Partners Research Report Guidance
  • 1.2 Market Segmentation

2. Executive Summary

  • 2.1 Key Insights

3. Research Methodology

  • 3.1 Secondary Research
  • 3.2 Primary Research
    • 3.2.1 Hypothesis formulation:
    • 3.2.2 Macro-economic factor analysis:
    • 3.2.3 Developing base number:
    • 3.2.4 Data Triangulation:
    • 3.2.5 Country level data:

4. US Injection Molded Plastics Market Landscape

  • 4.1 Overview
  • 4.2 Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitutes
  • 4.3 Ecosystem Analysis
    • 4.3.1 Raw Material Suppliers
    • 4.3.2 Manufacturers
    • 4.3.3 Distributors/Suppliers
    • 4.3.4 End Users
    • 4.3.5 List of Vendors in the Value Chain

5. US Injection Molded Plastics Market - Key Market Dynamics

  • 5.1 US Injection Molded Plastics Market - Key Market Dynamics
  • 5.2 Market Drivers
    • 5.2.1 Growing Demand from Automotive and Transportation Industry
    • 5.2.2 Rising Demand from Packaging Industry
  • 5.3 Market Restraints
    • 5.3.1 Fluctuation in Raw Material Prices
  • 5.4 Market Opportunities
    • 5.4.1 Strategic Initiatives by Key Players
  • 5.5 Future Trends
    • 5.5.1 Increasing Adoption of Recycled Plastics
  • 5.6 Impact of Drivers and Restraints:

6. US Injection Molded Plastics Market Analysis

  • 6.1 US Injection Molded Plastics Market Volume (Million Tons), 2023-2031
  • 6.2 US Injection Molded Plastics Market Forecast and Analysis
  • 6.3 US Injection Molded Plastics Market Revenue (US$ Million), 2023-2031
  • 6.4 US Injection Molded Plastics Market Forecast and Analysis

7. US Injection Molded Plastics Market Analysis - by Material

  • 7.1 Acrylonitrile Butadiene Styrene
    • 7.1.1 Overview
    • 7.1.2 Acrylonitrile Butadiene Styrene: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.1.3 Acrylonitrile Butadiene Styrene: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.2 Nylon
    • 7.2.1 Overview
    • 7.2.2 Nylon: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.2.3 Nylon: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.3 Polyethylene
    • 7.3.1 Overview
    • 7.3.2 Polyethylene: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.3.3 Polyethylene: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.4 Polypropylene
    • 7.4.1 Overview
    • 7.4.2 Polypropylene: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.4.3 Polypropylene: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.5 Polystyrene
    • 7.5.1 Overview
    • 7.5.2 Polystyrene: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.5.3 Polystyrene: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.6 Polycarbonate
    • 7.6.1 Overview
    • 7.6.2 Polycarbonate: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.6.3 Polycarbonate: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.7 Thermoplastic Polyurethane
    • 7.7.1 Overview
    • 7.7.2 Thermoplastic Polyurethane: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.7.3 Thermoplastic Polyurethane: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 7.8 Others
    • 7.8.1 Overview
    • 7.8.2 Others: US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
    • 7.8.3 Others: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)

8. US Injection Molded Plastics Market Analysis - by End Use

  • 8.1 Residential Construction
    • 8.1.1 Overview
    • 8.1.2 Residential Construction: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.2 Non-Residential Construction
    • 8.2.1 Overview
    • 8.2.2 Non-Residential Construction: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.3 Energy (Oil and Gas) and Mining
    • 8.3.1 Overview
    • 8.3.2 Energy (Oil and Gas) and Mining: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.4 Retail Stores and Restaurants
    • 8.4.1 Overview
    • 8.4.2 Retail Stores and Restaurants: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.5 Petrochemical and Chemical
    • 8.5.1 Overview
    • 8.5.2 Petrochemical and Chemical: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.6 Transportation Providers
    • 8.6.1 Overview
    • 8.6.2 Transportation Providers: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.7 Vehicle Aftermarket
    • 8.7.1 Overview
    • 8.7.2 Vehicle Aftermarket: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.8 HVAC
    • 8.8.1 Overview
    • 8.8.2 HVAC: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.9 Vehicle Manufacturers
    • 8.9.1 Overview
    • 8.9.2 Vehicle Manufacturers: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.10 Consumer
    • 8.10.1 Overview
    • 8.10.2 Consumer: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.11 Construction and Agricultural Equipment
    • 8.11.1 Overview
    • 8.11.2 Construction and Agricultural Equipment: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.12 Military
    • 8.12.1 Overview
    • 8.12.2 Military: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.13 Aerospace
    • 8.13.1 Overview
    • 8.13.2 Aerospace: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.14 Food and Agriculture
    • 8.14.1 Overview
    • 8.14.2 Food and Agriculture: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.15 Healthcare
    • 8.15.1 Overview
    • 8.15.2 Healthcare: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 8.16 Others
    • 8.16.1 Overview
    • 8.16.2 Others: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)

9. US Injection Molded Plastics Market Analysis - by Region

  • 9.1 Northeast
    • 9.1.1 Northeast: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 9.2 Southeast
    • 9.2.1 Southeast: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 9.3 Midwest
    • 9.3.1 Midwest: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 9.4 Southwest
    • 9.4.1 Southwest: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • 9.5 West
    • 9.5.1 West: US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)

10. Competitive Landscape

  • 10.1 Heat Map Analysis by Key Players
  • 10.2 Company Positioning & Concentration

11. Industry Landscape

  • 11.1 Overview
  • 11.2 Mergers And Acquisitions
  • 11.3 Agreements, Collaborations, And Joint Ventures
  • 11.4 Product Launch
  • 11.5 Expansions And Other Strategic Developments

12. Company Profiles

  • 12.1 Wilbert Plastic Services Inc
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Rodon Ltd
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 Texas Injection Molding LLC
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Nicolet Plastics LLC
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 Britech Industries
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 Ironwood Plastics Inc
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 Jones Plastic & Engineering LLC
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Products and Services
    • 12.7.4 Financial Overview
    • 12.7.5 SWOT Analysis
    • 12.7.6 Key Developments
  • 12.8 Hi-Tech Mold and Tool Inc
    • 12.8.1 Key Facts
    • 12.8.2 Business Description
    • 12.8.3 Products and Services
    • 12.8.4 Financial Overview
    • 12.8.5 SWOT Analysis
    • 12.8.6 Key Developments
  • 12.9 Valencia Plastics Inc
    • 12.9.1 Key Facts
    • 12.9.2 Business Description
    • 12.9.3 Products and Services
    • 12.9.4 Financial Overview
    • 12.9.5 SWOT Analysis
    • 12.9.6 Key Developments
  • 12.10 Abtec Inc
    • 12.10.1 Key Facts
    • 12.10.2 Business Description
    • 12.10.3 Products and Services
    • 12.10.4 Financial Overview
    • 12.10.5 SWOT Analysis
    • 12.10.6 Key Developments
  • 12.11 Mack Group Inc
    • 12.11.1 Key Facts
    • 12.11.2 Business Description
    • 12.11.3 Products and Services
    • 12.11.4 Financial Overview
    • 12.11.5 SWOT Analysis
    • 12.11.6 Key Developments
  • 12.12 Bemis Contract Group
    • 12.12.1 Key Facts
    • 12.12.2 Business Description
    • 12.12.3 Products and Services
    • 12.12.4 Financial Overview
    • 12.12.5 SWOT Analysis
    • 12.12.6 Key Developments
  • 12.13 Revere Plastics Systems LLC
    • 12.13.1 Key Facts
    • 12.13.2 Business Description
    • 12.13.3 Products and Services
    • 12.13.4 Financial Overview
    • 12.13.5 SWOT Analysis
    • 12.13.6 Key Developments
  • 12.14 Parkway Products LLC
    • 12.14.1 Key Facts
    • 12.14.2 Business Description
    • 12.14.3 Products and Services
    • 12.14.4 Financial Overview
    • 12.14.5 SWOT Analysis
    • 12.14.6 Key Developments
  • 12.15 Thomson Plastics Inc
    • 12.15.1 Key Facts
    • 12.15.2 Business Description
    • 12.15.3 Products and Services
    • 12.15.4 Financial Overview
    • 12.15.5 SWOT Analysis
    • 12.15.6 Key Developments
  • 12.16 Baxter Enterprises LLC
    • 12.16.1 Key Facts
    • 12.16.2 Business Description
    • 12.16.3 Products and Services
    • 12.16.4 Financial Overview
    • 12.16.5 SWOT Analysis
    • 12.16.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
Product Code: TIPRE00039183

List Of Tables

  • Table 1. US Injection Molded Plastics Market Segmentation
  • Table 2. List of Vendors in Value Chain:
  • Table 3. US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons)
  • Table 4. US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million)
  • Table 5. US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons) - by Material
  • Table 6. US Injection Molded Plastics Market - Revenue and Forecast to 2031 (US$ Million) - by Material
  • Table 7. US Injection Molded Plastics Market - Volume and Forecast to 2031 (Million Tons) - by End Use
  • Table 8. Heat Map Analysis by Key Players

List Of Figures

  • Figure 1. US Injection Molded Plastics Market Segmentation, by Region
  • Figure 2. US Injection Molded Plastics Market - Porter's Analysis
  • Figure 3. Ecosystem Analysis: US Injection Molded Plastics Market
  • Figure 4. Crude Oil Prices in Accordance with Various Geopolitical and Economic Events (2000-2023)
  • Figure 5. Impact Analysis of Drivers and Restraints
  • Figure 6. US Injection Molded Plastics Market Revenue (Million Tons), 2023-2031
  • Figure 7. US Injection Molded Plastics Market Revenue (US$ Million), 2023-2031
  • Figure 8. US Injection Molded Plastics Market Share (%) - by Material, 2023 and 2031
  • Figure 9. Acrylonitrile Butadiene Styrene: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 10. Acrylonitrile Butadiene Styrene: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 11. Nylon: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 12. Nylon: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 13. Polyethylene: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 14. Polyethylene: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 15. Polypropylene: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 16. Polypropylene: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 17. Polystyrene: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 18. Polystyrene: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 19. Polycarbonate: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 20. Polycarbonate: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 21. Thermoplastic Polyurethane: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 22. Thermoplastic Polyurethane: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 23. Others: US Injection Molded Plastics Market- Volume and Forecast to 2031 (Million Tons)
  • Figure 24. Others: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 25. US Injection Molded Plastics Market Share (%) - by End Use, 2023 and 2031
  • Figure 26. Residential Construction: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 27. Non-Residential Construction: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 28. Energy (Oil and Gas) and Mining: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 29. Retail Stores and Restaurants: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 30. Petrochemical and Chemical: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 31. Transportation Providers: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 32. Vehicle Aftermarket: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 33. HVAC: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 34. Vehicle Manufacturers: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 35. Consumer: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 36. Construction and Agricultural Equipment: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 37. Military: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 38. Aerospace: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 39. Food and Agriculture: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 40. Healthcare: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 41. Others: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 42. US Injection Molded Plastics Market Share (%) - by Region, 2023 and 2031
  • Figure 43. Northeast: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 44. Southeast: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 45. Midwest: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 46. Southwest: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 47. West: US Injection Molded Plastics Market- Revenue and Forecast to 2031 (US$ Million)
  • Figure 48. Company Positioning & Concentration
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