Product Code: ETC295523 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Injection Molded Plastics market currently, in 2023, has witnessed an HHI of 4634, Which has increased slightly as compared to the HHI of 4254 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The injection molded plastics market in South Korea is expanding due to its applications in automotive, electronics, packaging, and consumer goods. Injection molding is a versatile and cost-effective manufacturing process that produces high-quality plastic components. The market is driven by industrial growth, technological advancements, and the demand for lightweight and durable materials.
The injection molded plastics market is expanding due to the demand for lightweight, durable, and cost-effective plastic components in automotive, electronics, and consumer goods industries. Injection molding provides high precision and efficiency in manufacturing. The growth in these industries, technological advancements in molding processes, and the focus on sustainability significantly influence market dynamics.
The injection molded plastics market in South Korea faces challenges related to fluctuations in raw material prices, ensuring compliance with environmental regulations, and addressing the demand for high-quality and sustainable plastic products. Market dynamics are driven by the need for cost-effective and efficient manufacturing processes in industries such as automotive, packaging, and electronics. Additionally, managing production costs, integrating advanced molding technologies, and providing customized solutions for specific applications require continuous innovation and strategic sourcing.
The South Korean government supports the injection molded plastics market through policies aimed at promoting manufacturing efficiency, product innovation, and environmental sustainability. Regulations ensure the quality standards and material safety of injection molded plastic products used in automotive, electronics, and consumer goods industries. Financial incentives are provided for companies investing in recyclable and bio-based plastic materials, as well as energy-efficient injection molding technologies that reduce carbon footprint. Additionally, there are initiatives to support R&D in plastic injection molding innovation, fostering collaborations to develop lightweight materials, precision molding techniques, and sustainable packaging solutions that meet global market demands.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Injection Molded Plastics Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Injection Molded Plastics Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Injection Molded Plastics Market - Industry Life Cycle |
3.4 South Korea Injection Molded Plastics Market - Porter's Five Forces |
3.5 South Korea Injection Molded Plastics Market Revenues & Volume Share, By Raw Material, 2021 & 2028F |
3.6 South Korea Injection Molded Plastics Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 South Korea Injection Molded Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable packaging solutions in various industries. |
4.2.2 Increasing adoption of injection molded plastics in automotive and electronics sectors. |
4.2.3 Technological advancements leading to enhanced production efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Stringent regulations regarding plastic waste management and recycling. |
4.3.3 Competition from alternative materials like biodegradable plastics and glass. |
5 South Korea Injection Molded Plastics Market Trends |
6 South Korea Injection Molded Plastics Market, By Types |
6.1 South Korea Injection Molded Plastics Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 South Korea Injection Molded Plastics Market Revenues & Volume, By Raw Material, 2018 - 2028F |
6.1.3 South Korea Injection Molded Plastics Market Revenues & Volume, By Polypropylene (PP), 2018 - 2028F |
6.1.4 South Korea Injection Molded Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2018 - 2028F |
6.1.5 South Korea Injection Molded Plastics Market Revenues & Volume, By High-Density Polyethylene (HDPE), 2018 - 2028F |
6.1.6 South Korea Injection Molded Plastics Market Revenues & Volume, By Polystyrene (PS), 2018 - 2028F |
6.1.7 South Korea Injection Molded Plastics Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 South Korea Injection Molded Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Injection Molded Plastics Market Revenues & Volume, By Packaging, 2018 - 2028F |
6.2.3 South Korea Injection Molded Plastics Market Revenues & Volume, By Consumables & Electronics, 2018 - 2028F |
6.2.4 South Korea Injection Molded Plastics Market Revenues & Volume, By Automotive & Transportation, 2018 - 2028F |
6.2.5 South Korea Injection Molded Plastics Market Revenues & Volume, By Building & Construction, 2018 - 2028F |
6.2.6 South Korea Injection Molded Plastics Market Revenues & Volume, By Medical, 2018 - 2028F |
6.2.7 South Korea Injection Molded Plastics Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Injection Molded Plastics Market Import-Export Trade Statistics |
7.1 South Korea Injection Molded Plastics Market Export to Major Countries |
7.2 South Korea Injection Molded Plastics Market Imports from Major Countries |
8 South Korea Injection Molded Plastics Market Key Performance Indicators |
8.1 Percentage increase in the adoption of injection molded plastics in key industries. |
8.2 Efficiency improvement in production processes. |
8.3 Number of new product developments using injection molded plastics technology. |
8.4 Environmental impact reduction metrics related to plastic waste management. |
8.5 Investment trends in research and development of sustainable plastic solutions. |
9 South Korea Injection Molded Plastics Market - Opportunity Assessment |
9.1 South Korea Injection Molded Plastics Market Opportunity Assessment, By Raw Material, 2021 & 2028F |
9.2 South Korea Injection Molded Plastics Market Opportunity Assessment, By Application, 2021 & 2028F |
10 South Korea Injection Molded Plastics Market - Competitive Landscape |
10.1 South Korea Injection Molded Plastics Market Revenue Share, By Companies, 2021 |
10.2 South Korea Injection Molded Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |