Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 89.62 Billion | USD 129.25 Billion | 4.30% | 2023 |
FrequentlyAsked Questions
Injection-molded automotive parts allow vehicle manufacturers to use plastic materials to produce several parts for all types of vehicles.
The global injection molded automotive parts market is expected to be driven by the increasing demand for lightweight vehicles.
According to study, the global injection molded automotive parts market size was worth around USD 89.62 billion in 2023 and is predicted to grow to around USD 129.25 billion by 2032.
The CAGR value of the injection molded automotive parts market is expected to be around 4.30% during 2024-2032.
The global injection molded automotive parts market will be dominated by Asia-Pacific during the forecast period.
The global injection molded automotive parts market is led by players like Kaysun Corporation, Magna International Inc., WHS Plastics Egypt, Crescent Industries, Plastic Omnium, RYDTooling, Aptiv PLC, Ensinger GmbH, Continental Structural Plastics (CSP), First Press Moulders, Robinson Industries Inc., Plastikon Industries, RCO Engineering Inc., International Assembly LLC and Minco Tool & Mold Inc.
The report explores crucial aspects of the injection-molded automotive parts market, including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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