Injection Molded Plastics Market to Grow at a CAGR of 7.5% During Forecast Period; Growing Trend of Light-Weight Materials in Numerous Industries to Propel Market Growth

The global injection molded plastics market size was valued at USD 321.4 billion in 2024. The market is projected to grow from USD 337.5 billion in 2025 to USD 560.5 billion by 2032 at a CAGR of 7.5% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Injection Molded Plastics Market Size, Share & Industry Analysis, By Type (Polypropylene (PP)

Acrylonitrile Butadiene Styrene (ABS), High-density Polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2025-2032”

A key area of the plastics manufacturing industry, the global injection molded plastics market supplies high-volume and precise components to the automotive, packaging, consumer goods, electrical and electronics, medical, and industrial industries. Melted plastics is pumped into molds during the injection molding process, which creates intricate pieces with precise dimensions, tight tolerances, and consistent quality at scale. Light weighting trends in electronics and automobiles, increased consumer and packaged goods demand, and growing medical and healthcare applications all contribute to the market growth.

Increase in Production of PEA and DMAPA by BASF to Fuel Market Development

October 2025: At its Nanjing facility, BASF increased its production of polyetheramine and DMAPA almost doubling its DMAPA capacity and raising its PEA output by almost 25%. The facility now runs entirely on renewable energy, enabling a lower-carbon supply of amines for use in reaction injection molding, coatings, adhesives, and epoxy curing agents.

Increasing Need for Dependable and High-Precision Molded Components to Drive Market Growth

The requirement for high-precision, dependable, and safe components is driving up demand for injection molded plastics in the healthcare industry. Pharmaceutical packaging, medical gadgets, and diagnostics equipment all depend on molded components that provide reliable performance, smooth surfaces, and consistent quality. Complex medical components with stringent tolerances can be produced using injection molding, which maintains cost effectiveness at large numbers while enabling sterile and controlled conditions.

However, stringent environment regulations coupled with waste management pressure, hamper injection molded plastics market growth.

Key Players to Invest Heavily in High-Performance and Light-Weight Materials to Propel Market Growth

In the injection molded plastics market, major participants include LyondellBasell, SABIC, INEOS, and Eastman Chemical, BASF SE, DuPont, Dow, Huntsman Corporation, and Exxon Mobil Corporation. In order to satisfy changing demands in the automotive, packaging, electronics, consumer goods, and healthcare end-use industries, these businesses are aggressively investing in high-performance and lightweight material as well as sustainable, recycles, and bio-based resins.

Notable Industry Development

In October 2025, for packaging and industrial uses, LynondellBasell unveiled its new Pro-fax EP410C polypropylene grade, which offers great impact performance and high melt strength. The material helps producers create long-lasting, odor-free, and adaptable product designs by supporting both rigid and flexible food packaging as well as customized injection molded parts.

List of the Companies Profiled in the Report

• BASF SE (Germany)
• Huntsman Corporation (U.S.)
• DuPont (U.S.)
• Dow (U.S.)
• HTI Plastics (U.S.)
• Coastal Plastic Molding, Inc. (U.S.)
• Valder Kunststoffverarbeitungs Gmbh (Germany)
• Magna International Inc. (Canada)
• LyondellBasell Industries Holdings B.V. (U.S.)
• Exxon Mobil Corporation (U.S.)
• Others

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/injection-molded-plastics-market-101970

Further Report Findings

• Asia Pacific region is dominates the injection molded plastics market share due to the high demand from the packaging and automotive industries, the region’s economy encourages automkaers to use less expensive materials in the production of their vehciles, and as the region’s population has a lower spending capacity than that of western nations, people prefer family cars made by Maruti and Tata as the majority of the plastic components used in these firms cars are injection molded.   
• It is anticipated that Europe would control a sizable share of the market. Europe is a key location for the production of medical and automotive equipment. There is a significant need for injection molded plastics part in Europe as major automakers including Mercedes, Porsche, BMW, Audi, Fiat, Ferrari, and Jaguar operate their manufacturing facilities there. On the other hand, manufacturers of packaging material now have a boarder perspective due to the growing need for easy food and beverage packaging.

Table of Segmentation