Global Injection Molding Machine Market, By Product (Plastic, Rubber, Metal, Ceramic, Others), Machine Type (Hydraulic, All-Electric, Hybrid), Clamping Force (0–200 Ton-Force, 201–500 Ton-Force, Above 500 Ton-Force), End-Use Industry (Automotive, Consumer Goods, Packaging, Healthcare, Electrical and Electronics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Injection Molding Machine Market
Data Bridge Market Research analyses that the injection molding machine market will witness a CAGR of 5.10% for the forecast period of 2022-2029. Growth in the demand for injection molding machine especially in the developing economies such as India and China, surging application of injection molding machine for a wide range of end user applications such as electrical and electronics, consumer goods and others, surging new developments in technology such as molding different raw materials through the injection molding process, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the injection molding machine market.
Injection molding machines are the machines that are used in manufacturing different plastic products. Injection molding machines are ideal solutions for manufacturing the plastic products in bulk.
Rise in demand for injection molding machine by automotive industry is the root cause for fuelling up the market growth rate. Rising demand for injection molding machine in the packaging and other industrial applications and growth and expansion of various end user verticals in the emerging economies will also directly and positively impact the growth rate of the market. Rising awareness about the benefits of injection molding machine such as capacity to mass produce, rising expenditure for research and development proficiencies by the major companies, upsurge in the rate of industrialization, growing use and demand for plastic by a wide range of end user industries, surging demand for higher efficiency in packaging processes and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, high cost of the process, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High cost associated with research and development proficiencies, large scale availability of alternatives such as urethane casting, 3D printing, thermoforming, and others and strict global trade restrictions will dampen the market growth rate. Also, stringent government rules and regulations imposed on the industries and lack of awareness regarding the advantages will also hamper the market growth rate.
This injection molding machine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on injection molding machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Injection Molding Machine Market Scope and Market Size
The injection molding machine market is segmented on the basis of product, machine type, clamping force and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the injection molding machine market is segmented into plastic, rubber, metal, ceramic, others. Plastic segment is sub-segmented into thermoplastics and thermosets. Metal segment is sub-segmented into powder and liquid.
- On the basis of machine type, the injection molding machine market is segmented into hydraulic, all-electric, hybrid.
- On the basis of clamping force, the injection molding machine market is segmented 0–200 ton-force, 201–500 ton-force, above 500 ton-force.
- On the basis of end-use industry, the injection molding machine market is segmented automotive, consumer goods, packaging, healthcare, electrical and electronics and others.
Injection Molding Machine Market Country Level Analysis
The injection molding machine market is analysed and market size, volume information is provided by country, product, machine type, clamping force and end-use industry as referenced above.
The countries covered in the injection molding machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the injection molding machine market owing to the growing demand from various end-use industries, increase in the research and development activities, favourable investment policies by the government in order to promote industrial growth, high economic growth in the emerging countries, strong consumer base in countries such as China, Japan, and India, abundant availability of raw materials and rising investments by various public and private manufacturers in Asia Pacific.
The country section of the injection molding machine market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Injection Molding Machine Market Share Analysis
The injection molding machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to injection molding machine market.
Some of the major players operating in the injection molding machine market report are Gemini Group, Inc., Rogan Corporation, Techniplas, Paragon Rapid Technologies, Season Group, Girard Rubber Corporation, CM International Industries Corp., SIMTEC Silicone Parts, LLC, Midstate Mold & Engineering., Carclo plc, YOMURA, EVCO Plastics, CMG Plastics, Bemis Manufacturing Company, Biomedical Polymers Inc., BMP Medical, Amcor plc, Gerresheimer AG, ICO Mold, LLC, Mack., PROVIDIEN LLC and Baytech Plastics Inc., among others.
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