Injection Molded Automotive Parts Market Report 2026

The injection molded automotive parts market size has grown strongly in recent years. It will grow from $86.19 billion in 2025 to $91.68 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth of mass vehicle production volumes, increasing use of plastics in automotive design, expansion of global automotive manufacturing bases, improvements in injection molding machinery, rising demand for cost-efficient component production.

The injection molded automotive parts market size is expected to see strong growth in the next few years. It will grow to $118.82 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to accelerating electric vehicle production, rising focus on vehicle lightweighting for efficiency, increasing demand for modular interior components, growing adoption of automated manufacturing lines, expansion of sustainable material usage in vehicles. Major trends in the forecast period include increasing adoption of lightweight plastic automotive components, growing use of high-precision injection molding technologies, rising integration of automation in part manufacturing, expansion of advanced polymer and composite usage, enhanced focus on design flexibility and consistency.

The growth in demand for electric and hybrid vehicles is expected to drive the growth of the injection molded automotive parts market in the coming years. The demand for electric and hybrid vehicles refers to the adoption of EVs and hybrids in global markets, driven by stricter emissions regulations, environmental sustainability goals, and advancements in battery technology. The primary factor driving the growth in demand for electric and hybrid vehicles is the increasing focus on environmental sustainability, stricter emissions regulations, and advancements in battery and powertrain technologies, which enable automakers to produce fuel efficient, low emission, and technologically advanced vehicles. Injection molded automotive parts support the development of lightweight, high precision, and cost efficient components, enhancing vehicle performance and aiding the automotive industry’s shift toward sustainable and energy efficient mobility. For example, in January 2025, the U.S. Department of Transportation’s Federal Highway Administration, a U.S. based agency that supports state and local governments, reported that the U.S. Federal Government aims to ensure that 50 percent of all new vehicles sold by 2030 are zero emission vehicles, a target much higher than current adoption rates, while also planning to create a comprehensive and equitable network of 500,000 chargers to improve EV accessibility for both local and long distance travel. Therefore, the growth in demand for electric and hybrid vehicles is driving the injection molded automotive parts market.

Prominent companies operating in the injection molded automotive parts market are emphasizing the development of advanced solutions such as high-performance polyamide materials to replace metals, achieving vehicle lightweighting while enhancing thermal stability, chemical resistance, and long-term durability. These materials play a crucial role in electric vehicles (EVs), where high-voltage components demand superior safety and reliability. High-performance polyamides offer flame retardancy, resistance to electro-corrosion, and stability under extreme heat and humidity, making them ideal for use in connectors, inverters, and battery systems. For instance, in June 2025, BASF, a Germany-based chemical company, introduced **Ultramid Advanced N3U42G6**, a non-halogenated flame-retardant polyamide 9T engineered to improve the safety and performance of high-voltage connectors in EV inverters, DC-DC converters, and battery systems. This innovation delivers robust, halide-free, and durable material properties, enabling components to endure demanding operating conditions while supporting the automotive industry’s transition toward safer and more efficient electric mobility solutions.

In March 2025, SAPA Group SpA, an Italy-based manufacturing company, acquired Megatech Industries AG for an undisclosed amount. With this acquisition, SAPA aims to strengthen its market leadership by leveraging combined expertise to scale its One-Shot technology across a wider network, diversify its customer portfolio and product range, expand into new regions, and establish a leading European presence in plastic injection molding for the mobility sector. Megatech Industries AG is a Liechtenstein-based manufacturing company that produces injection-molded automotive components.

Major companies operating in the injection molded automotive parts market are Magna International Inc., OPmobility Group (formerly Plastic Omnium), Forvia Group, Samvardhana Motherson Group, Yanfeng International Automotive Technology Co. Ltd., Flex-N-Gate Corporation, Grupo Antolin, Toyoda Gosei Co. Ltd., Hyundai Mobis Company Limited, Inteva Products, Knauf Industries (Automotive), Minth Group, ABC Technologies, Röchling SE & Co. KG, Novares Group, Summit Polymers Inc., Futaba Industrial Co. Ltd., Mitchell Plastics, Mack Molding Company, Plastikon Industries, REHAU Verwaltungszentrale AG.

North America was the largest region in the injection molded automotive parts market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the injection molded automotive parts market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the injection molded automotive parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The injection molded automotive parts market consists of sales of bumpers, grilles, door handles, air intake manifolds, and dashboard components. 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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