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Injection Molded Plastics Market Size

  • Report ID: GMI416
  • Published Date: Apr 2023
  • Report Format: PDF

Injection Molded Plastics Market Size

Injection Molded Plastics Market size garnered over USD 300 billion in 2022. With the consistent expansion of the construction sector globally, the industry is set to witness 3.5% CAGR from 2023 to 2032.

 

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The construction sector has witnessed an upward trend over recent years owing to the escalating rollouts of infrastructure development projects and the advent of several technological breakthroughs. Besides, the improving economic landscape and the significant rise in investments focused on building an energy-efficient infrastructure across numerous economies.
 

Plastic injection molding is widely utilized across several industrial verticals ranging from electronics, automobiles, and construction to kitchen utensils and toys. The stringent government regulation pertaining to minimizing plastic pollution and the increased adoption of effective waste management techniques may restrict industry growth during the forecast period. On the other hand, the consolidated competitive landscape and the increasing strategic exchanges among leading product manufacturers will accelerate business growth through the ensuing years.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global Market size for Injection Molded Plastics amassed over USD 300 billion in 2022 and is poised to exhibit more than 3.5% CAGR from 2023 to 2032 owing to the remarkable growth of the construction sector globally.

Polypropylene segment is expected to witness over 4% CAGR through 2032 owing to the increasing usage in several industrial applications due to its high impact strength, excellent molding capabilities, moisture resistance, food-grade approvals, and lower production costs.

Injection molded plastics market from the packaging application segment is anticipated to accumulate more than USD 135 billion by 2032 driven by the flourishing landscape of the e-commerce sector and the subsequent rise in demand for shipping containers.

Asia Pacific injection molded plastics industry is slated to cross USD 140 billion by 2032 due to the rising income levels and the consistent expansion of the construction and automotive sectors.

Injection Molded Plastics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 331
  • Countries covered: 26
  • Pages: 250
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