What is Global Automotive Plastic Injection Molding Market?
The Global Automotive Plastic Injection Molding Market is a vast and dynamic sector that plays a crucial role in the automotive industry. This market revolves around the use of plastic injection molding, a process where plastic is heated until it becomes a liquid, then injected into a mold to create various parts for vehicles. The global market for this process is significant, with a wide range of applications in the automotive industry. The use of plastic injection molding in the automotive industry is driven by the need for lightweight, durable, and cost-effective components that can withstand harsh conditions and perform optimally. This market is also influenced by the increasing demand for vehicles, advancements in plastic molding technologies, and the growing trend of using plastic parts to replace metal ones in vehicles. The global automotive plastic injection molding market is a vibrant and evolving sector, offering numerous opportunities for manufacturers, suppliers, and stakeholders.

Thermoplastic Injection Molding, Cold Runner Molding, Hot Runner Molding, Others in the Global Automotive Plastic Injection Molding Market:
Thermoplastic Injection Molding, Cold Runner Molding, Hot Runner Molding, and others are some of the key techniques used in the Global Automotive Plastic Injection Molding Market. Thermoplastic Injection Molding is a method where thermoplastic materials are melted, injected into a mold, and then cooled to create a variety of parts. This technique is widely used due to its versatility, efficiency, and ability to produce high-quality parts. Cold Runner Molding, on the other hand, involves the use of a two-part mold system where the plastic is injected into the runner and then cooled before being ejected. This method is cost-effective and ideal for large-scale production. Hot Runner Molding is a technique where the plastic is injected into a heated runner system, reducing waste and improving the quality of the parts. Other methods used in this market include gas-assisted injection molding, co-injection molding, and thin-wall molding. Each of these techniques has its own advantages and applications, contributing to the diversity and growth of the global automotive plastic injection molding market.
Passenger Cars, Commercial Vehicles in the Global Automotive Plastic Injection Molding Market:
The Global Automotive Plastic Injection Molding Market finds extensive application in the production of parts for both passenger cars and commercial vehicles. In passenger cars, plastic injection molding is used to create a variety of components, including interior parts like dashboard, seats, and door panels, and exterior parts like bumpers, grilles, and light housings. The use of plastic parts in passenger cars helps to reduce weight, improve fuel efficiency, and enhance aesthetic appeal. In commercial vehicles, plastic injection molding is used to manufacture durable and lightweight parts that can withstand heavy use and harsh conditions. These include truck beds, cargo containers, and interior components. The versatility and efficiency of plastic injection molding make it an ideal solution for the production of automotive parts, driving the growth of the global automotive plastic injection molding market.
Global Automotive Plastic Injection Molding Market Outlook:
In 2023, the Global Automotive Plastic Injection Molding Market was valued at a substantial US$ 9567.1 million. The market is projected to experience a steady growth, with expectations to reach a value of US$ 12880 million by 2030. This growth trajectory, which represents a Compound Annual Growth Rate (CAGR) of 4.4% from 2024 to 2030, indicates a positive and promising outlook for the market. This growth can be attributed to several factors, including the increasing demand for lightweight and durable components in the automotive industry, advancements in plastic injection molding technologies, and the growing trend of replacing metal parts with plastic ones in vehicles. The market's robust growth prospects highlight its potential and significance in the global automotive industry.
Report Metric | Details |
Report Name | Automotive Plastic Injection Molding Market |
Accounted market size in 2023 | US$ 9567.1 million |
Forecasted market size in 2030 | US$ 12880 million |
CAGR | 4.4% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Bosch (Germany), Panasonic (Japan), Continental (Germany), Compagnie de Saint Gobain (France), Denso (Japan), ZF Friedrichshafen (Germany), Honeywell International (USA), Mitsubishi Electric (Japan), Magna International (Canada), Aisin Seiki (Japan), Hyundai Mobis (Korea), Sumitomo Electric Industries (Japan), Faurecia (France), Valeo Group (France), HUAYU Automotive Systems (China), Lear (USA), Eaton (USA), Adient (USA), Yazaki (Japan), Mahle (Germany) |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |