U.K. Injection Molded Plastic Market Size & Outlook
The injection molded plastic market in the UK is expected to reach a projected revenue of US$ 18,716.4 million by 2030. A compound annual growth rate of 3.6% is expected of the UK injection molded plastic market from 2024 to 2030.
The UK injection molded plastic market generated a revenue of USD 14,630.4 million in 2023 and is expected to reach USD 18,716.4 million by 2030.
The UK market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
Injection molded plastic market data book summary
Market revenue in 2023
USD 14,630.4 million
Market revenue in 2030
USD 18,716.4 million
Growth rate
3.6% (CAGR from 2023 to 2030)
Largest segment
Polypropylene
Fastest growing segment
Polypropylene
Historical data
2019 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials
Key market players worldwide
Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group
Other key industry trends
In terms of revenue, UK accounted for 4.4% of the global injection molded plastic market in 2023.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
Germany is the fastest growing regional market in Europe and is projected to reach USD 28,920.9 million by 2030.
The UK injection molded plastics market is expected to witness high investments by OEMs due to increased spending by automotive manufacturers for novel components. This is anticipated to boost the automotive OEM and industrial machinery sectors' consumption over the forecast period.
The UK is characterized as an economy that is heading towards maturity. The UK automotive manufacturing industry is characterized by several car manufacturers such as Honda Motor Company Nissan Motor Company, Vauxhall Motors, and others. Key commercial vehicle manufacturers include Alexander Dennis Limited, The Ford Motor Company, and London Taxis International.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Injection Molded Plastic Market Outlook will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 34.27% in 2023.
Horizon Databook has segmented the U.K. injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
The UK injection molded plastics market is expected to witness high investments by OEMs due to increased spending by automotive manufacturers for novel components. This is anticipated to boost the automotive OEM and industrial machinery sectors' consumption over the forecast period.
The UK is characterized as an economy that is heading towards maturity. The UK automotive manufacturing industry is characterized by several car manufacturers such as Honda Motor Company Nissan Motor Company, Vauxhall Motors, and others. Key commercial vehicle manufacturers include Alexander Dennis Limited, The Ford Motor Company, and London Taxis International.
U.K. Injection Molded Plastic Market Raw Material Outlook (Revenue, USD Million , 2019-2030)
Polypropylene
Acrylonitrile butadiene styrene
High-density polyethylene
Polystyrene
Other Raw Materials
U.K. Injection Molded Plastic Market Application Outlook (Revenue, USD Million , 2019-2030)
Packaging
Consumables & Electronics
Automotive & Transportation
Building & Construction
Medical
Other Applications
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Injection Molded Plastic Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Injection Molded Plastic Market Outlook from 2019 to 2030, including revenue numbers, major trends, and company profiles.