Injection Molding Market Size, Share & Report Trends 2032.
Meticulous Research®—leading
global market research company, published a research report titled, ‘Injection
Molding Market by Material (Plastic, Metal), Technology (Structural Foam
Molding, Liquid Silicone Injection Molding), Application, Sector (Packaging,
Electronics, and Healthcare), and Geography - Global Forecast to 2032.’
According to this
latest publication from Meticulous Research®, the injection molding
market is projected to reach $426.4 billion by 2032, at a CAGR of 3.9% during the forecast period
2025–2032. The
growth of the injection molding market is primarily driven by the high demand
for injection-molded products in the packaging industry, increasing usage in
the automotive sector, and rising demand from the consumer electronics
industry. However, the high initial and maintenance costs of injection molding
machines restrain the growth of this market.
Moreover, the
increasing demand for injection-molded products in healthcare is expected to
generate growth opportunities for the players operating in this market.
However, misconceptions regarding injection molding are a challenge impacting
the growth of the injection molding market.
The injection molding
market is segmented by material (plastic, {polypropylene, polyurethane,
acrylonitrile butadiene styrene, polyethylene terephthalate, polyethylene, and
other plastic materials}, metal {stainless steel, tungsten carbides, alloys,
cobalt-chrome, titanium, and other metal materials}, other materials),
technologies (gas-assisted injection molding, thin-wall molding, liquid
silicone injection molding, structural foam molding, and metal injection
molding), application (automotive components, food & beverage packaging,
stock materials, toys and figurines, mechanical components, electronics
hardware and housings, medical device components, and other applications),
sector (electronics, automotive, building & constructions, transportation,
healthcare, packaging, consumer goods, mechanical engineering, and other
sectors). The study also evaluates industry competitors and analyzes the market
at the regional and country levels.
Based on material, the injection molding market is segmented
into plastic, metal, and other materials. In 2025, the plastic segment is
expected to account for the largest share of over 90.0% of the
injection molding market. The segment’s large share is attributed to the
growing focus on using recycled materials, developing biodegradable plastics,
and increasing demand for consumer products such as packaging, household items,
and toys. In addition, the benefits associated with plastic injection molding,
such as high precision and consistency, efficiency in mass production, design
flexibility, material versatility, and automation, further support the growth
of this segment. Moreover, this segment is expected to grow at a higher CAGR
during the forecast period.
Based on
technology, the injection
molding market is segmented into gas-assisted injection molding, thin-wall
molding, liquid silicone injection molding, structural foam molding, and metal
injection molding. In 2025, the structural foam molding segment is expected to
account for the largest share of the injection molding market. The segment’s
largest share is attributed to the rising adoption of foam injection molding in
the automotive sector, growing industrialization and infrastructure
development, and rising use of recyclable materials and the potential for
reduced waste contribute to the structural foam molding. In addition, the
benefits associated with structural foam molding, such as thermal and acoustic
insulation, improved surface finish, high production efficiency,
cost-effectiveness, and enhanced strength and durability, further support the
growth of this segment. Moreover, this segment is expected to grow at the
highest CAGR during the forecast period.
Based on
application, the
injection molding market is segmented into automotive components, food &
beverage packaging, stock materials, toys and figurines, mechanical components,
electronics hardware and housings, medical device components, and other
applications. In 2025, the food & beverage packaging segment is expected to
account for the largest share of over 22.8% of the injection
molding market. The segment’s large share is attributed to the rising demand
for precise, tamper-evident, and secure packaging solutions, increasing demand
for customized packaging, and growing use of containers, dairy juice &
water packaging, beverage caps & closures, and specialty closures.
Moreover, this segment is expected to grow at a higher CAGR during the forecast
period.
Based on sector, the injection molding market is segmented
into consumables & electronics, automotive, building & constructions,
transportation, healthcare, packaging, consumer goods, mechanical engineering,
and other sectors. In 2025, the packaging segment is expected to account for
the largest share of over 24.0% of the injection molding
market. This segment's large market share is attributed to the rising adoption
of packaging items such as bottles, caps, containers, and closures, rising need
for convenient and safe food packaging, and increasing consumer demand for
personalized and unique packaging designs. In addition, the benefits associated
with the packaging sector, such as high efficiency, cost-effectiveness,
precision, design flexibility, high-quality, durable, and customizable
packaging, further support the growth of this segment. Moreover, this segment
is expected to grow at a higher CAGR during the forecast period.
Based on geography, the injection molding market is segmented
into North America, Europe, Asia-Pacific, Latin America, and the Middle East
& Africa. In 2025, Asia-Pacific is expected to account for the largest
share of over 41.3% of the injection molding market. The
presence of prominent injection molding players is expected to contribute to
the high revenue share of this region. In addition, the rapid growth in the
automotive industry, high demand for injection molded in the packaging
industry, rising demand from the consumer electronics industry, and growing
emphasis on sustainability drive the demand for injection molding in the
region.
Furthermore, the rapid
industrialization and governments in the region investing in infrastructure and
manufacturing capabilities are predicted to fuel the injection molding market's
expansion. Moreover, Asia-Pacific is expected to witness the highest CAGR
of 5.4% during the forecast period. Also, the rapid growth of
this regional market is attributed to the growth in regional economies and the
rapid infrastructure development, especially in Japan, South Korea, and India.
Key Players
The key players
operating in the injection molding market are C&J Industries, Inc. (U.S.),
Biomerics (U.S.), All-Plastics, LLC. (U.S.), Majors Plastics, Inc. (U.S.), HTI
Plastics (U.S.), The Rodon Group (U.S.), EVCO Plastics (U.S.), Tessy Plastics
Corporation (U.S.), SCHOTT AG (Germany), ENGEL AUSTRIA GmbH (Austria), Husky
Technologies (Canada), and NISSEI PLASTIC INDUSTRIAL CO., LTD. (Japan).
Download Sample
Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5981
Key Questions
Answered in the Report:
- Which are the high-growth market segments
in terms of material, technology, application, and sector?
- What was the historical market size for
injection molding globally?
- What are the market forecasts and
estimates for 2025–2032?
- What are the major drivers, restraints,
opportunities, challenges, and trends in the injection molding market?
- Who are the major players in the injection
molding market, and what are their market shares?
- What is the competitive landscape like?
- What are the recent developments in the
injection molding market?
- What are the various growth strategies
adopted by major market players?
- What are the major market trends, and
which are the high-growth countries?
- Who are the local
emerging players in the injection molding market, and how do they compete
with other players?
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