Global Injection Molding Machine Market is valued USD 16 billion in 2016 is anticipated to grow USD 20.9 billion with the compounded annual growth of 3.00% over the forecast period 2018-2025.
New York 27 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Injection Molding Machine Market industry is poised to raise USD 20.9 billion by 2025. Injection molding machines perform the injection molding process, which is generally used to manufacture plastic parts; however, they can also be employed to manufacture products or parts made of various other materials apart from plastic. The injection molding process can be employed to manufacture a wide variety of parts or products, which might vary greatly in their structures, dimensions, and end-use applications. The injection molding machine melts the material to be injected into the shaping mold, where the molten material cools off and solidifies, taking the shape of the desired component.
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Global Injection Molding Machine Market Size study, Type (bio-succinic acid, bio-1,3-propanediol, Others), by Application (Automotive, Furnishing, Footwear, Bags & Wallets, Clothing, Others) and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market Haitians International Holdings Limited, Sumitomo Heavy Industries Limited, The Japan Steel Works Ltd, Chan Hsong Holdings Limited, Milacron Holdings Corp, Engel Austria GmbH, Arburg GmbH & Co. Kg, Nissei Plastic Industrial Co., Ltd, Husky Injection Molding Systems Ltd, Dongshin Hydraulic Co., Ltd and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Asia Pacific region is predicted to hold a prominent share in the injection molding machine market.
- The market in Asia Pacific is also estimated to expand considerably during the forecast period due to increasing demand for end-use applications in emerging countries, such as India and China, of the region.
Bizwit Research & Consulting LLP has considered following segments for the study:
- bio-succinic acid
- Bags & Wallets
Others By Product Type:
By Machine Type:
- Hydraulic Injection Molding Machine
- All Electric Injection Molding Machine
- Hybrid Injection Molding Machine
By Clamping Force:
- 0-200 Ton-Force
- 201-500 Ton-Force
- Above 500 Ton Force
By End-Use Industry:
- Consumer Goods
- Electricals & Electronics
- North America
- Asia Pacific
- Latin America
- Rest of the World