Title: INJECTION MOLDING MACHINE MARKET
1The injection molding machine market is projected
to reach USD 19.68 billion by 2023
2- Emerging economies are expected to witness a rise
in demand for injection molding machines in the
near future due to the rising demand for
injection-molded parts from the packaging,
automotive, and consumer goods end-use
industries. The need for lightweight automotive
components to attain fuel efficiency and the
rising demand for all-electric injection molding
are expected to support the injection molding
machine market during the forecast period. Rapid
economic growth, improved infrastructure, and
rising middle-class population in emerging
economies have led to an increase in vehicle
production and sales, which, in turn, has
increased the demand for injection molding
machines. The rapidly growing automotive industry
in the Asia Pacific region is one of the major
factors driving the growth of the injection
molding machine market.
3- Browse through more than 123 market data tables
with 37 figures and an in-depth TOC of
the Injection Molding Machine MarketGlobal
Forecast to 2023 report. Early buyers will
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- The plastic segment is estimated to be
the largest product type segment of the injection
molding machine market in 2018. - The plastic segment is estimated to account for
the largest share of the injection molding
machine market in 2018, in terms of value. The
dominance of the plastic segment is expected to
continue during the forecast period due to the
increasing demand from the automotive, consumer
goods, and packaging end-use industries.
Injection molding machines are used to make a
wide range of plastic products, including
automotive parts, chairs, toys, syringes,
bottles, and construction kits. Thermoplastics
are the most prominent and widely used plastics
in this segment due to their low melting point,
flexibility, excellent dimensional stability, and
good chemical resistance.
4The automotive segment is estimated to be the
largest end-use industry segment of the injection
molding market in 2018. The automotive segment
is estimated to be the largest application
segment of the injection molding machine market,
in terms of both, value and volume, in 2018. The
growth of this segment can be attributed to the
increasing production of vehicles and rising
demand for lightweight automotive components in
developed and emerging regions. The hydraulic
machine segment is estimated to be the largest
machine type segment of the injection molding
market in 2018. The hydraulic machine type
segment is estimated to be the largest
application segment of the injection molding
machine market, in terms of both, value and
volume, in 2018. The dominance of hydraulic
injection molding is expected to continue during
the forecast period owing to its enhanced
performance and low maintenance cost. Also, the
increasing demand from the automotive, consumer
goods, and packaging end-use industries is
fueling the growth of the hydraulic injection
molding machine market during the forecast period.
5Asia Pacific is estimated to be the largest
market for injection molding machines in
2018. The injection molding machine market in the
Asia Pacific region is estimated to witness the
highest growth due to the rapidly growing
automotive, packaging, consumer goods,
healthcare, and electrical electronics end-use
industries. The Asia Pacific region is also home
to key players in the injection molding machine
market such as Haitian International Holdings
Limited and Chen Hsong Holdings Limited. Request
sample copy of this report at, https//www.markets
andmarkets.com/requestsampleNew.asp?id14623149
Key market players profiled in this report
include Haitian International (China), Chen Hsong
(China), Milacron (US), The Japan Steel Works
(Japan), Sumitomo Heavy Industries (Japan),
Arburg (Germany), Nessei Plastic (Japan), Husky
(Canada), and Engel (Austria).
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