Injection Molded Plastics Market Analysis

Raw Material (Polypropylene, Acrylonitrile Butadiene Styrene, High Density Polyethylene, Polystyrene)

The polypropylene segment in the injection molded plastics market is the largest and is expected to grow at a substantial CAGR of 4.3% till 2037. Because of its many uses, polypropylene is a major player in the worldwide injection molded plastic industry, which encourages segment expansion. Despite being semi-crystalline, polypropylene flows remarkably well and is easy to mold because of its low melt viscosity. They can be used for non-load-bearing purposes such as car batteries, kiddie pools, toys, cutlery, Tupperware, and the caps on ketchup and shampoo bottles. In order to facilitate injection molding and subsequent recycling, polypropylene liquefies rather than burns, which contributes to the market's expansion. In 2022, the total amount of polypropylene produced worldwide was roughly 79.01 million metric tons. With a 97.86-million-ton global production capacity, the demand for polypropylene in 2022 was 86.74 million tons. By 2030, it is anticipated to reach around 104.99 million metric tons.

Application (Packaging, Consumables & Electronics, Automotive, Motor Cycle Industry, Building & Construction, Aerospace, Healthcare, Railway Application, Computer Industry, Industrial Equipment, Manufacturing, Office Supplies)

The packaging segment share in the injection molded plastics market is expected to reach 35% by 2037, rising at a substantial CAGR of 4.1% over the projected time frame.  Due to the versatility of plastic materials and the profitability of plastics in food packaging, the packaging segment is expected to hold the biggest market share. It is possible to create plastic packaging for a variety of uses and shapes thanks to injection molding. Food containers, distinctive packaging for cosmetics and body care products, and even packaging for household chemicals can all be produced using the injection molding technique. The industry is growing because there are several plastic injection molding choices available for high-volume packaging, such as PET bottle preforms molds and thin-walled containers for ice cream, margarine, milk products, and closures.

Our in-depth analysis of the global injection molded plastics market includes the following segments: