Injection molding materials are widely used for manufacturing medical devices like syringes, dental appliances, catheters etc owing to their versatility, cost-effectiveness and precision. Injection molding caters to complex designs while ensuring repeatability. It reduces manufacturing costs by shortening production cycle times. The global Injection Molding Materials Market is estimated to be valued at US$ 330.32 Bn in 2024 and is expected to exhibit a CAGR of 36.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of injection molding materials in the medical device sector is one of the key trends driving the market growth. The stringent regulations pertaining to sterilization and biocompatibility are prompting medical device manufacturers to use specialized plastics and elastomers that can withstand autoclave sterilization and meet USP Class VI requirements. Additionally, the rising demand for minimally invasive surgical procedures is augmenting the need for precision molding of small and complex medical components. The adoption of injection molding enables mass production of such components in a cost-effective manner.
Segment Analysis
The Global Injection Molding Materials Market Size is segmented by raw material into metals, elastomers, thermoplastics, and others. Among these, the thermoplastics segment dominates the market and accounted for over 60% share in 2024. Thermoplastics are widely used raw materials for injection molding due to properties like durability, heat resistance, and chemical resistance.
Key Takeaways
The global injection molding materials market is expected to witness high growth during the forecast period of 2024 to 2031.
Regional analysis: Europe region led the injection molding materials market with more than 30% share in 2024 owing to high demand from automobile industry in countries like Germany and Italy. The Asia Pacific region is expected to witness fastest growth during the forecast period due to growing automotive, consumer goods, and healthcare industries in China and India.
Key players related content: Key players operating in the injection molding materials market are Panasonic Corporation, Koninklijke Philips NV, Renesas Electronics Corporation, Siemens AG, Velmenni, Zero1 Pte Ltd., PureLi-Fi, Oledcomm, LightBee Corp., and IDRO Co. Ltd. The aforementioned players are focusing on new product launches and expansions to gain higher market share.
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Injection Molding Materials is used to produce a wide range of products made from various raw materials, including plastics, metals such as iron, aluminum, copper, precious metals, and carbide.Injection molding can be achieved with a host of components consisting of metals, elastomers, glasses, confections and polymers.The high demand for vehicles is expected to result in an increase in demand for injection molding, thus leading to growth of the global injection molding materials market.
Foreign and domestic investments in various sectors is a major driving factor for the market growth in Asia Pacific.
Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-injection-molding-materials-2025-224Global Injection Molding Materials market size will increase to 300300 Million US$ by 2025, from 221100 Million US$ in 2018, at a CAGR of 3.9% during the forecast period.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Injection Molding Materials.This report researches the worldwide Injection Molding Materials market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Injection Molding Materials breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.The following manufacturers are covered in this report:BASFExxonMobilLyondellBasellEastman Chemical CompanyHuntsman CorporationDow ChemicalsDuPontSABICIneos GroupMagna International IncHTI PlasticsOrganovo Holdings, IncInjection Molding Materials Breakdown Data by TypePlasticsMetalRubberOthersInjection Molding Materials Breakdown Data by ApplicationAutomotiveElectrical & ElectronicsBuilding & ConstructionConsumer GoodsPackagingOthersInjection Molding Materials Production Breakdown Data by RegionUnited StatesEuropeChinaJapanOther RegionsInjection Molding Materials Consumption Breakdown Data by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & AfricaThe study objectives are:To analyze and research the global Injection Molding Materials capacity, production, value, consumption, status and forecast;To focus on the key Injection Molding Materials manufacturers and study the capacity, production, value, market share and development plans in next few years.To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.To define, describe and forecast the market by type, application and region.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends and factors driving or inhibiting the market growth.To analyze the opportunities in the market for stakeholders by identifying the high growth segments.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.In this study, the years considered to estimate the market size of Injection Molding Materials :History Year: 2014-2018Base Year: 2018Estimated Year: 2019Forecast Year 2019 to 2025Get the Complete Report & TOC at https://www.24marketreports.com/chemicals-and-materials/global-injection-molding-materials-2025-224CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
