Global Injection Molded Plastics (IMP) Market 2025-2035
Description
Injection Molded Plastics (IMP) Market Size, Share & Trends Analysis Report by Raw Material (Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene (PS), Polycarbonate (PC), Polyethylene Terephthalate (PET), Nylon (PA) , and Others) and by Application (Automotive & Transportation, Packaging, Electrical & Electronics, Medical & Healthcare, Consumer Goods & Home Appliances, Construction, and Others) Forecast Period (2025-2035)
Industry Overview
The global injection molded plastics (IMP) market was valued at $401.3 billion in 2024 and is projected to reach $652.6 billion by 2035, growing at a CAGR of 4.6% during the forecast period (2025–2035). The growth is fueled by increasing demand for lightweight, durable, and cost-efficient plastic components across diverse industries such as automotive, packaging, consumer goods, and healthcare. Injection molding has emerged as a dominant manufacturing process due to its ability to produce complex and high-volume parts with consistent quality and reduced production time.
Market Dynamics
Growing Demand from Automotive & Transportation
The shift toward lightweight vehicles to improve fuel efficiency and meet emission standards is driving demand for injection-molded plastics. Automakers are increasingly replacing metal components with engineered plastics to reduce weight without compromising strength.
Rising Healthcare & Medical Applications
The medical sector is adopting injection-molded plastics for disposable syringes, surgical instruments, implants, and diagnostic devices. The demand is fueled by the rising need for cost-effective, durable, and biocompatible materials, especially with the growth of personalized healthcare and minimally invasive procedures.
Expansion of Sustainable Packaging Solutions
Environmental concerns and government regulations are accelerating the use of recyclable and bio-based plastics in packaging. Injection molding offers high precision and reduced waste, making it a preferred method for sustainable packaging solutions.
Technological Advancements in Manufacturing
Integration of Industry 4.0, IoT, and 5G technologies in manufacturing facilities enhances automation, predictive maintenance, and digital twins. This boosts the efficiency and scalability of injection molding operations, enabling mass customization.
Market Segmentation
The packaging industry accounts for the largest share of the injection molded plastics market. Rising demand for lightweight, durable, and cost-efficient packaging materials in food & beverages, consumer goods, healthcare, and e-commerce sectors is driving growth. The adoption of injection molded plastics over conventional packaging solutions is attributed to their recyclability, high barrier properties, and reduced carbon footprint.
Regional Outlook
The global Injection Molded Plastics (IMP) industry is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Rapid Growth of the Injection Molded Plastics (IMP) Market In North America
Rapid growth of the injection molded plastics (IMP) market in North America is being fueled by strong demand from the automotive, packaging, healthcare, and consumer electronics sectors. The US is the dominant contributor within the region, supported by advanced manufacturing infrastructure, adoption of lightweight materials for vehicles, and innovations in medical-grade plastics.
Asia-Pacific Maintains Strong Market Position
Asia-Pacific holds a significant share of the global injection molded plastics (IMP) market. China holds the dominant share of the global injection molded plastics (IMP) market, driven by its vast manufacturing base, strong demand from packaging, automotive, consumer goods, and electronics sectors, and cost-efficient production capabilities. The country’s extensive supply chain, low labor costs, and government support for industrial expansion have positioned it as a global leader. According to industry sources, China accounts for over 30% of the global IMP market, with continued growth expected due to rising domestic consumption and export demand. Its large-scale adoption of lightweight plastics in electric vehicles and increased use in medical devices further boost market share.
Market Players Outlook
The major companies operating in the global injection molded plastics (IMP) market include BASF SE, Dow, Inc., ExxonMobil, LyondellBasell, and SABIC, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
Industry Overview
The global injection molded plastics (IMP) market was valued at $401.3 billion in 2024 and is projected to reach $652.6 billion by 2035, growing at a CAGR of 4.6% during the forecast period (2025–2035). The growth is fueled by increasing demand for lightweight, durable, and cost-efficient plastic components across diverse industries such as automotive, packaging, consumer goods, and healthcare. Injection molding has emerged as a dominant manufacturing process due to its ability to produce complex and high-volume parts with consistent quality and reduced production time.
Market Dynamics
Growing Demand from Automotive & Transportation
The shift toward lightweight vehicles to improve fuel efficiency and meet emission standards is driving demand for injection-molded plastics. Automakers are increasingly replacing metal components with engineered plastics to reduce weight without compromising strength.
Rising Healthcare & Medical Applications
The medical sector is adopting injection-molded plastics for disposable syringes, surgical instruments, implants, and diagnostic devices. The demand is fueled by the rising need for cost-effective, durable, and biocompatible materials, especially with the growth of personalized healthcare and minimally invasive procedures.
Expansion of Sustainable Packaging Solutions
Environmental concerns and government regulations are accelerating the use of recyclable and bio-based plastics in packaging. Injection molding offers high precision and reduced waste, making it a preferred method for sustainable packaging solutions.
Technological Advancements in Manufacturing
Integration of Industry 4.0, IoT, and 5G technologies in manufacturing facilities enhances automation, predictive maintenance, and digital twins. This boosts the efficiency and scalability of injection molding operations, enabling mass customization.
Market Segmentation
- Based on the raw material, the market is segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), polystyrene (PS), polycarbonate (PC), polyethylene terephthalate (PET), nylon (PA), and others (bioplastics / recycled resins).
- Based on the application, the market is segmented into automotive & transportation, packaging, electrical & electronics, medical & healthcare, consumer goods & home appliances, construction, and others (agriculture, industrial equipment, sports & leisure).
The packaging industry accounts for the largest share of the injection molded plastics market. Rising demand for lightweight, durable, and cost-efficient packaging materials in food & beverages, consumer goods, healthcare, and e-commerce sectors is driving growth. The adoption of injection molded plastics over conventional packaging solutions is attributed to their recyclability, high barrier properties, and reduced carbon footprint.
Regional Outlook
The global Injection Molded Plastics (IMP) industry is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Rapid Growth of the Injection Molded Plastics (IMP) Market In North America
Rapid growth of the injection molded plastics (IMP) market in North America is being fueled by strong demand from the automotive, packaging, healthcare, and consumer electronics sectors. The US is the dominant contributor within the region, supported by advanced manufacturing infrastructure, adoption of lightweight materials for vehicles, and innovations in medical-grade plastics.
Asia-Pacific Maintains Strong Market Position
Asia-Pacific holds a significant share of the global injection molded plastics (IMP) market. China holds the dominant share of the global injection molded plastics (IMP) market, driven by its vast manufacturing base, strong demand from packaging, automotive, consumer goods, and electronics sectors, and cost-efficient production capabilities. The country’s extensive supply chain, low labor costs, and government support for industrial expansion have positioned it as a global leader. According to industry sources, China accounts for over 30% of the global IMP market, with continued growth expected due to rising domestic consumption and export demand. Its large-scale adoption of lightweight plastics in electric vehicles and increased use in medical devices further boost market share.
Market Players Outlook
The major companies operating in the global injection molded plastics (IMP) market include BASF SE, Dow, Inc., ExxonMobil, LyondellBasell, and SABIC, among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In June 2025, BASF SE announced an expansion of its production capacity for engineering plastics in Asia-Pacific, particularly targeting automotive and electronics applications.
- In April 2025, LyondellBasell introduced a new range of sustainable polypropylene compounds with up to 50% recycled content, aiming to strengthen its position in the eco-friendly plastics segent.
- In February 2025, SABIC partnered with Microsoft and Covestro to supply recycled-content polycarbonate resins for cloud server components, advancing sustainable IT hardware production.
- In December 2024, Dow Inc. launched its new high-performance polyethylene resins designed for medical packaging applications, improving safety and product integrity.
- In September 2024, INEOS Styrolution expanded its production capacity in India to meet rising regional demand for styrenic plastics in packaging and automotive applications.
- Market value data analysis of 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global injection molded plastics (IMP) market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
Table of Contents
140 Pages
- 1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Global Injection Molded Plastics (IMP) Market Sales Analysis – Raw Material | Application ($ Million)
- Injection Molded Plastics (IMP) Market Sales Performance of Top Countries
- 1.1. Research Methodology
- Primary Research Approach
- Secondary Research Approach
- 1.2. Market Snapshot
- 2. Market Overview and Insights
- 2.1. Scope of the Study
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Injection Molded Plastics (IMP) Market Trends
- 2.2.2. Market Recommendations
- 3. Market Determinants
- 3.1. Market Drivers
- 3.1.1. Drivers For Global Injection Molded Plastics (IMP) Market: Impact Analysis
- 3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Injection Molded Plastics (IMP) Market: Impact Analysis
- 3.3. Market Opportunities
- 4. Competitive Landscape
- 4.1. Competitive Dashboard – Injection Molded Plastics (IMP) Market Revenue and Share by Manufacturers
- Injection Molded Plastics (IMP) Product Comparison Analysis
- Top Market Player Ranking Matrix
- 4.2. Key Company Analysis
- 4.2.1. BASF SE
- 4.2.1.1. Overview
- 4.2.1.2. Deployment Mode Portfolio
- 4.2.1.3. Financial Analysis (Subject to Data Availability)
- 4.2.1.4. SWOT Analysis
- 4.2.1.5. Business Strategy
- 4.2.2. Dow, Inc.
- 4.2.2.1. Overview
- 4.2.2.2. Deployment Mode Portfolio
- 4.2.2.3. Financial Analysis (Subject to Data Availability)
- 4.2.2.4. SWOT Analysis
- 4.2.2.5. Business Strategy
- 4.2.3. ExxonMobil
- 4.2.3.1. Overview
- 4.2.3.2. Deployment Mode Portfolio
- 4.2.3.3. Financial Analysis (Subject to Data Availability)
- 4.2.3.4. SWOT Analysis
- 4.2.3.5. Business Strategy
- 4.2.4. LyondellBasell
- 4.2.4.1. Overview
- 4.2.4.2. Deployment Mode Portfolio
- 4.2.4.3. Financial Analysis (Subject to Data Availability)
- 4.2.4.4. SWOT Analysis
- 4.2.4.5. Business Strategy
- 4.2.5. SABIC
- 4.2.5.1. Overview
- 4.2.5.2. Deployment Mode Portfolio
- 4.2.5.3. Financial Analysis (Subject to Data Availability)
- 4.2.5.4. SWOT Analysis
- 4.2.5.5. Business Strategy
- 4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Deployment Mode Launch
- 4.3.3. Partnership And Collaboration
- 5. Global Injection Molded Plastics (IMP) Market Sales Analysis By Raw Material ($ Million)
- 5.1. Polypropylene (PP)
- 5.2. Acrylonitrile Butadiene Styrene (ABS)
- 5.3. High-Density Polyethylene (HDPE)
- 5.4. Polystyrene (PS)
- 5.5. Polycarbonate (PC)
- 5.6. Polyethylene Terephthalate (PET)
- 5.7. Nylon (PA)
- 5.8. Others (Bioplastics / Recycled Resins)
- 6. Global Injection Molded Plastics (IMP) Market Sales Analysis By Application ($ Million)
- 6.1. Automotive & Transportation
- 6.2. Packaging
- 6.3. Electrical & Electronics
- 6.4. Medical & Healthcare
- 6.5. Consumer Goods & Home Appliances
- 6.6. Construction
- 6.7. Others (Agriculture, Industrial Equipment, Sports & Leisure)
- 7. Regional Analysis
- 7.1. North American Injection Molded Plastics (IMP) Market Sales Analysis – Raw Material | Application ($ Million)
- Macroeconomic Factors for North America
- 7.1.1. United States
- 7.1.2. Canada
- 7.2. European Injection Molded Plastics (IMP) Market Sales Analysis – Raw Material | Application ($ Million)
- Macroeconomic Factors for Europe
- 7.2.1. UK
- 7.2.2. Germany
- 7.2.3. Italy
- 7.2.4. Spain
- 7.2.5. France
- 7.2.6. Russia
- 7.2.7. Rest of Europe
- 7.3. Asia-Pacific Injection Molded Plastics (IMP) Market Sales Analysis – Raw Material | Application ($ Million)
- Macroeconomic Factors for Asia-Pacific
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. South Korea
- 7.3.4. India
- 7.3.5. Australia & New Zealand
- 7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 7.3.7. Rest of Asia-Pacific
- 7.4. Rest of the World Injection Molded Plastics (IMP) Market Sales Analysis – Raw Material | Application ($ Million)
- Macroeconomic Factors for the Rest of the World
- 7.4.1. Latin America
- 7.4.2. Middle East and Africa
- 8. Company Profiles
- 8.1. Amcor Plc
- 8.1.1. Quick Facts
- 8.1.2. Company Overview
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategies
- 8.2. Aptargroup, Inc.
- 8.2.1. Quick Facts
- 8.2.2. Company Overview
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategies
- 8.3. BASF SE
- 8.3.1. Quick Facts
- 8.3.2. Company Overview
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategies
- 8.4. Berry Global, Inc.
- 8.4.1. Quick Facts
- 8.4.2. Company Overview
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategies
- 8.5. Dow, Inc.
- 8.5.1. Quick Facts
- 8.5.2. Company Overview
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategies
- 8.6. DuPont de Nemours, Inc.
- 8.6.1. Quick Facts
- 8.6.2. Company Overview
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategies
- 8.7. Eastman Chemical Co.
- 8.7.1. Quick Facts
- 8.7.2. Company Overview
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategies
- 8.8. EVCO Plastics
- 8.8.1. Quick Facts
- 8.8.2. Company Overview
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategies
- 8.9. Exxonmobil Corp.
- 8.9.1. Quick Facts
- 8.9.2. Company Overview
- 8.9.3. Product Portfolio
- 8.9.4. Business Strategies
- 8.10. Formosa Plastics Corp.
- 8.10.1. Quick Facts
- 8.10.2. Company Overview
- 8.10.3. Product Portfolio
- 8.10.4. Business Strategies
- 8.11. INEOS Group.
- 8.11.1. Quick Facts
- 8.11.2. Company Overview
- 8.11.3. Product Portfolio
- 8.11.4. Business Strategies
- 8.12. Lyondellbasell Industries
- 8.12.1. Quick Facts
- 8.12.2. Company Overview
- 8.12.3. Product Portfolio
- 8.12.4. Business Strategies
- 8.13. Magna International
- 8.13.1. Quick Facts
- 8.13.2. Company Overview
- 8.13.3. Product Portfolio
- 8.13.4. Business Strategies
- 8.14. MSI Mold Builders
- 8.14.1. Quick Facts
- 8.14.2. Company Overview
- 8.14.3. Product Portfolio
- 8.14.4. Business Strategies
- 8.15. Proto Labs
- 8.15.1. Quick Facts
- 8.15.2. Company Overview
- 8.15.3. Product Portfolio
- 8.15.4. Business Strategies
- 8.16. Reliance Industries Ltd.
- 8.16.1. Quick Facts
- 8.16.2. Company Overview
- 8.16.3. Product Portfolio
- 8.16.4. Business Strategies
- 8.17. SABIC (Saudi Basic Industries Corporation)
- 8.17.1. Quick Facts
- 8.17.2. Company Overview
- 8.17.3. Product Portfolio
- 8.17.4. Business Strategies
- 8.18. The Dow Chemical Co.
- 8.18.1. Quick Facts
- 8.18.2. Company Overview
- 8.18.3. Product Portfolio
- 8.18.4. Business Strategies
- 8.19. The Rodon Group
- 8.19.1. Quick Facts
- 8.19.2. Company Overview
- 8.19.3. Product Portfolio
- 8.19.4. Business Strategies
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