Micro Injection Molded Plastic Market Report 2026

The micro injection molded plastic market size has grown rapidly in recent years. It will grow from $1.34 billion in 2025 to $1.5 billion in 2026 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to growth in minimally invasive medical devices, rising adoption of micro-scale components in electronics, increasing use of polymers in surgical tools, advancements in precision molding machinery, expansion of wearable medical devices.

The micro injection molded plastic market size is expected to see rapid growth in the next few years. It will grow to $2.39 billion in 2030 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to increasing demand for implantable medical components, rising investments in micro-manufacturing technologies, expansion of lab-on-chip applications, growing use of high-temperature engineering plastics, increasing customization of micro molded parts. Major trends in the forecast period include increasing adoption of ultra-precision micro molding processes, rising demand for high-performance medical-grade polymers, growing use of multi-material micro components, expansion of miniaturized medical device manufacturing, enhanced focus on tight tolerance and quality control.

The expansion of the automotive sector is expected to drive the growth of the micro injection molded plastic market in the coming years. The automotive sector includes all types of motorized vehicles, such as passenger cars, trucks, buses, vans, motorcycles, and specialty vehicles. Micro injection molded plastics are widely used in the automotive industry to manufacture small and precise components, including fenders, grilles, bumpers, door panels, floor rails, light housings, gears, housings, and connectors. This demand is driven by the need for lightweight materials, high-precision components, and increasingly complex designs. In electric vehicles, micro injection molded plastics are used in electronic components such as DC converters, electric auxiliaries, traction motors, battery packs, and electric gearboxes. For example, in April 2024, according to the Serbian Association of Vehicle and Parts Importers, a Serbia-based automotive industry body, global vehicle production reached 93,546,599 units in 2023, including 67,133,570 passenger vehicles, up from 84,830,376 vehicles in 2022. Therefore, the growth of the automotive sector is supporting the expansion of the micro injection molded plastic market.

Major companies operating in the micro injection molded plastic market are focusing on the development of advanced high-heat polymers, such as glass-filled liquid crystal polymers (LCPs), to meet critical safety requirements in electric vehicle battery components and strengthen their market position. Glass-filled liquid crystal polymer is a composite material that combines a liquid crystal polymer matrix with glass fiber or glass microsphere reinforcement, offering enhanced thermal and mechanical performance. For instance, in March 2023, Solvay, a Belgium-based chemical company, introduced Xydar LCP G-330 HH, a high-heat, flame-retardant polymer engineered for EV battery applications. This glass-filled LCP is suitable for injection molding and is capable of maintaining electrical insulation at temperatures of up to 400°C for 30 minutes. Xydar LCP G-330 HH meets safety standards for EV battery module plates, particularly in high-voltage systems, and is inherently flame retardant without the use of halogen or bromine additives. The material also offers excellent flow properties, enabling the production of thinner components compared with conventional insulation materials.

In January 2023, MHT Mold & Hotrunner Technology AG, a Germany-based developer and manufacturer of injection molding tools, partnered with KEBO to develop advanced blood collection tube (BCT) solutions. Through this collaboration, MHT contributes its extensive expertise in blood collection tube injection molds and PET hot runner technologies, while KEBO provides its specialized knowledge in medical injection molds and hot runner systems. The partnership enables both companies to offer comprehensive BCT solutions to customers and expand their presence in the medical sector. KEBO is a Switzerland-based injection molding tools company that specializes in thin-wall packaging products and high-performance injection molds and hot runner solutions for laboratory, pharmaceutical, and medical applications.

Major companies operating in the micro injection molded plastic market are Accumold LLC, Isometric Micro Molding Inc., Makuta Micro Molding Inc., MTD Micro Molding Inc., Micromold Inc., Precission Micro molding LLC, Precikam Inc., Polymermedics Ltd., BMP Medical Ltd., Paragon Medical Inc., SMC Ltd., Mikrotech LLC, Veejay Plastics Injection Molding Company, Knightsbridge Plastics Inc., Manner Plastics LP, Stack Plastics Inc., Rogan Corporation, GSH Industries Inc., Isometric Tool and Design, Microdyne Plastics Inc., Sovrin Plastics Ltd.

Asia-Pacific was the largest region in the micro injection molded plastic market in 2025. The regions covered in the micro injection molded plastic market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the micro injection molded plastic market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The micro injection molded plastic market consists of sales of ABS (Acrylonitrile Butadiene Styrene), Polyamide, Polystyrene, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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