Report Highlights
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 $235.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029.
Report Includes
- 47 data tables and 47 additional tables
- Analysis of the global markets for injection molding of thermoplastic materials
- Analyses of global market trends, with market revenue data from 2023, estimates for 2024, forecasts for 2028, and projected CAGRs through 2029
- Estimates of the current market size and revenue prospects, along with a market share analysis based on polymer type, end-user and region
- Facts and figures pertaining to the market dynamics, technology trends, regulations, and future prospects for the major types of thermoplastic resins used to produce molded products
- Review of the industry supply chain, using the Porter’s Five Forces model, PESTLE and SWOT analyses to analyze the prevailing micro- and macro environmental factors
- Overview of sustainability trends and ESG developments in the industry, with a focus on consumer attitudes, companies’ ESG score rankings and their ESG practices
- A look at recent patents
- An analysis of the industry structure, including companies’ market shares, alliances, M&A activity and venture funding outlook
- Profiles of the major global players, including BASF SE, SABIC, Exxon Mobil Corp., LG Chem and LyondellBasell Industries Holdings B.V.
Report Scope
This report presents a detailed qualitative as well as quantitative analysis of thermoplastics within the injection molding market. The market estimates and forecasts are prepared based on the revenue generated from plastics sales to the injection molding industry. In addition, qualitative analyses of the market scenario for injection molding companies are also provided where necessary for clarity.
The study considers 2023 as the base year; forecasts are provided for revenue from 2024 to 2029 ($ 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 Synopsis
| Report Metrics | Details | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||
| Base year market size | $191.0 Billion | ||||||||||||||
| Market size forecast | $235.7 Billion | ||||||||||||||
| Growth rate | CAGR of 4.1% from 2024 to 2029 | ||||||||||||||
| Units considered | $ Millions | ||||||||||||||
| Segments covered | By Type, End User, and Region | ||||||||||||||
| Regions covered | North America, Asia-Pacific, Europe, and Rest of the World (RoW) | ||||||||||||||
| Countries covered | U.S., Canada, Mexico, Japan, China, India, South Korea, Germany, Italy, France, Spain, GCC countries and Other RoW countries (South Africa, Brazil, and Egypt) | ||||||||||||||
| Key Market Drivers |
|
||||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Developing countries acting as a key growth contributor.
- Growing adoption of circularity and sustainability in injection molding.
- Popularizing trend of light-weighting across key end-user industries.
- Technological advancements in the injection molding process.
Analyst Credentials
Yukti Chaturvedi– Associate Consultant-Advanced Materials Research
Yukti Chaturvedi has over five years of experience in market research. She has a strong knowledge of plastics, chemicals, consumer goods, and advanced materials research. She has handled end-to-end business by providing strategic recommendations and understanding clients’ requirements thoroughly in the market research industry. She demonstrated excellence in working effectively in critical areas − competitor intelligence, product intelligence, market understanding, industry trend analysis, and customer insights. Academically, she is an MBA graduate in International Business.
Report Highlights
The global plastic injection molding market reached $187.7 billion in 2022 and should reach $240.9 billion by 2027, with a compound annual growth rate (CAGR) of 5.1% during the forecast period of 2022-2027.
Report Highlights
The global market for plastic injection molding should increase from $125.95 billion in 2021 to $169.81 billion by 2026, at a compound annual growth rate (CAGR) of 6.2% during the forecast period of 2021-2026.
Report Highlights
The global market for plastics injection molding reached $139 billion in 2018 and should reach $233 billion by 2023, at a compound annual growth rate (CAGR) of 10.9% for the period of 2018-2023.
Related Reports
Sustainable Plastic Packaging: Global Markets
The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.
Plastics for Healthcare Packaging
The global market value of plastics for healthcare packaging is expected to grow from $32.1 billion in 2023 and should reach $46.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2023 to 2028.
Plastics for Barrier Packaging
The global plastic barrier packaging market volume should reach 12.8 billion pounds by 2027 from 11.0 billion pounds in 2022 at a compound annual growth rate (CAGR) of 3.0% for the forecast period of 2022 to 2027.
Automotive Plastics: Global Markets
The global market volumes of automotive plastics should grow from 36.3 million tons in 2021 to 49.1 million tons by 2026 with a compound annual growth rate (CAGR) of 6.2% for the period of 2021-2026.
Recent Reports
2024 Packaging Research Review
This 2024 Research Review of Packaging Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Global Markets and Technologies for Bioplastics
The global market volume for bioplastics is estimated to increase from 2,431.9 kilotons in 2024 to reach 5,634.6 kilotons by 2029, at a compound annual growth rate (CAGR) of 18.3% from 2024 through 2029.
The Global Market for Composites: Resins, Fillers, Reinforcements, Natural Fibers and Nanocomposites
The global market for composites is expected to grow from $126.8 billion in 2024 and is projected to reach $183.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.6% during the forecast period of 2024 to 2029.
Global Markets for Plastics Additives
The global market for plastics additives reached $58.9 billion in 2023. The market is expected to grow from $61.5 billion in 2024 to $80.7 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% from 2024 through 2029.
Sustainable Packaging: Global Markets
The global market for sustainable packaging is estimated to increase from $278.1 billion in 2023 to reach $391.1 billion by 2029, at a compound annual growth rate (CAGR) of 6.0% from 2024 through 2029.
Top Trending Reports
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
Cell-Based Assays: Technologies and Global Markets
The global market for cell-based assays is estimated to increase from $35.3 billion in 2024 to reach $56.3 billion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
Global Markets for Chemicals for Cosmetics & Toiletries
The global market for chemicals in cosmetics and toiletries is expected to grow from $27.7 billion in 2024 to $35.0 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% from 2024 through 2029.
Liquid Biopsy Research Tools, Services and Diagnostics: Global Markets
The global market for liquid biopsy is expected to grow from $4.6 billion in 2024 and is projected to reach $13.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.3% during the forecast period of 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More