Injection Molded Plastics Market Report 2026

The injection molded plastics market size has grown strongly in recent years. It will grow from $343.4 billion in 2025 to $362.01 billion in 2026 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to expansion of automotive and consumer goods manufacturing, rising use of plastics in electronics enclosures, growth of medical device production, availability of cost-efficient molding technologies, increasing demand for mass-produced plastic components.

The injection molded plastics market size is expected to see strong growth in the next few years. It will grow to $453.28 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing adoption of electric injection molding machines, rising demand for recyclable and bio-based plastics, expansion of precision manufacturing requirements, growing use of simulation-driven mold design, increasing investments in smart manufacturing. Major trends in the forecast period include increasing adoption of high-precision injection molding, rising use of lightweight and high-performance plastics, growing demand for custom molded components, expansion of multi-material injection molding, enhanced focus on process automation.

The injection molded plastics market is set to experience growth fueled by the burgeoning demand from the automotive industry. The automotive sector encompasses a diverse range of activities related to motor vehicle design, development, manufacturing, and more. Injection molded plastics are increasingly sought after in the automotive industry due to their flexibility, catering to the innovative needs of designers and engineers for aspects such as aerodynamics, aesthetics, and functional integration. As reported by Forbes, a U.S. business magazine, global auto sales are estimated to witness a 4% increase in 2023, reaching 89.7 million units. Thus, the growing demand from the automotive industry is a significant driver for the injection molded plastics market.

Key players operating in the injection molded plastics market are increasingly emphasizing advanced production technologies, such as PET preform injection molding systems, to enhance manufacturing efficiency, reduce material waste, and address the growing demand for high-quality, lightweight, and sustainable plastic packaging. PET preform injection molding systems are specialized configurations used to manufacture polyethylene terephthalate (PET) preforms, which represent the intermediate stage in the production of PET bottles and containers. For instance, in May 2024, Husky Injection Molding Systems Ltd. (Husky Technologies), a Canada-based provider of industrial equipment, launched HyPET 6e, an advanced injection molding platform developed for PET preforms and packaging applications. Building on earlier systems, HyPET 6e integrates the machine, mold, auxiliary equipment, and real-time remote monitoring into a single, unified solution. The platform enables the processing of preforms containing up to 100% recycled PET (rPET) through capabilities such as integrated drying and metal-contaminant removal, a high-throughput screw for consistent melt flow, and a self-adjusting real-time inspection system for color and quality assurance.

In January 2024, Arterex Inc., a US-based contract manufacturer offering medical components, assemblies, and product design and development services, acquired Micromold Inc. for an undisclosed amount. Through this acquisition, Arterex seeks to broaden its precision injection molding capabilities and strengthen its service portfolio for the medical, diagnostics, optical, dental, and laboratory sectors. Micromold Inc. is a US-based supplier of custom precision micromolded components for the medical industry, with more than four decades of experience in plastics injection molding and operations conducted in a Class 8 certified clean room.

Major companies operating in the injection molded plastics market are BASF SE, ExxonMobil Corporation, Dow Inc, DuPont de Nemours Inc, INEOS Group, LyondellBasell Industries Holdings BV, Saudi Basic Industries Corporation, Formosa Plastics Corporation, Reliance Industries Limited, Eastman Chemical Company, Huntsman International LLC, Magna International Inc, Berry Global Group Inc, AptarGroup Inc, Silgan Holdings Inc, Amcor PLC, Proto Labs Inc, EVCO Plastics, Crescent Industries, Stack Plastics, Universal Plastics Group, Plastic Design International Inc.

Asia-Pacific was the largest region in the injection molded plastics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global injection molded plastics market during the forecast period. The regions covered in the injection molded plastics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the injection molded plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The injection molded plastics market consists of sales of acrylic (PMMA), nylon polyamide (PA), and polycarbonate (PC). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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