Injection Molded Plastics Market Revenue to Attain USD 511.9 Bn by 2035

Published: 27 Jan 2026

Author: Precedence Research

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Injection Molded Plastics Market Revenue and Trends 2026 to 2035

The global injection molded plastics market will be worth around USD 358.71 billion in 2025 and is anticipated to reach around USD 511.9 billion by 2035, growing at a CAGR of 3.62 from 2026 to 2035. This market is witnessing rapid growth, driven by the growing demand for lightweight, cost-effective, and plastic components from various end-use industries, such as packaging, automotive, construction, healthcare, and electronics sectors.

What are the Factors That Have a Significant Contribution to the Growth of the Injection Molded Plastics Market?

The rising use of injection molding in medical devices and consumer goods manufacturing, owing to its high-volume production efficiency, design flexibility, and material utilization advantages, is the major driver responsible for accelerating the market’s revenue during the forecast period.  Recent advancements that reduce the rate of defective production have significantly increased the adoption of injection-molded technology in the mass production of intricate plastic shapes. The market’s growth is also driven by the rising government support in the form of subsidies, policies for clearances, and other economic incentives.

Segment Insights

• By raw material, the polypropylene (PP) segment contributed the highest share in the injection molded plastics market during 2025, owing to its cost-effectiveness, lightweight, ease of processing, versatility, and durability.  The segment’s growth is also primarily supported by the rising demand from several industries, including automotive, packaging, medical, construction, and consumer goods sectors. Polypropylene (PP) aligns with sustainability trends like recyclability, and the rising development of bio-based PP attracts environmentally conscious manufacturers and consumers. 
• By application, the packaging segment accounted for the majority of the market share in the injection molded plastics market in 2025, owing to the increasing consumption of packaged food & beverages. The injection molding is suitable for producing complex designs such as caps, containers, and closures. The rising online shopping necessitates protective packaging, and an increasing focus on sustainability is anticipated to strengthen the segment’s growth in the coming years.

Regional Insights

Asia Pacific primarily drives the global injection molded plastics market. The growth of the region is attributed to the rapid industrialization, rising urbanization, expanding manufacturing base, rapid expansion of e-commerce, increasing infrastructure spending, increasing demand for recyclable and biodegradable materials, rising investment in developments of automotive technologies, and growing demand from various end-use industries.  Several government initiatives are anticipated to encourage large-scale infrastructure development. Countries like China, India, and the Southeast Asian region are the major contributors and continue to lead the region. Automobile manufacturers in the region are increasingly focusing on reducing vehicle weight to enhance fuel efficiency by increasing the usage of plastics instead of metals and alloys in automotive components, offering lucrative opportunities for the growth of injection-molded plastics in the region.

• In June 2025, SEKISUI CHEMICAL CO. unveiled its plans to build its sixth manufacturing facility at Pune in India. This new plant will produce injection-molded components for the automotive industry under SEKISUI DLJM MOLDING PRIVATE LIMITED. This expansion is part of SEKISUI CHEMICAL’s strategy to bolster its injection molding business, which plays a pivotal role within its high-performance plastics division.

On the other hand, the European region is anticipated to grow at the fastest rate in the injection molded plastics market during the forecast period. The region has a strong manufacturing base and the presence of well-established automakers. The growth of the region is driven by demand for injection-molded plastics in automotive, medical, packaging, and building & construction applications, a surge in online shopping, rising disposable income, rapid technological adoption, and an increasing focus on aligning with the principle of sustainability.

Injection Molded Plastics Market Coverage

Recent Development

• In April 2025, Fictiv, a global supply chain solutions leader, created a strategic partnership with EVCO Plastics, a leading custom plastics and contract manufacturer, to revolutionize injection molding services. This alliance combines Fictiv's digitally connected global supply chain with EVCO's extensive manufacturing capabilities, enabling customers to efficiently bring innovations from concept to scale production.

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