Press release
Industrial Mold Market Growth And Drivers Report 2020-30: Covid 19 Impact And Recovery
The global industrial mold market is expected to decline from $28.2 billion in 2019 to $27.6 billion in 2020 at a compound annual growth rate (CAGR) of -2.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $34.3 billion in 2023.
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The industrial mold market consists of sales of industrial molds for casting metals or forming other materials such as plastics, glass, or rubber by entities (organizations, sole traders or partnerships) that produce industrial molds for casting metals or forming other materials such as plastics, glass, or rubber.
Conformal cooling design are increasingly being used by manufacturing companies in the 3D-printed molds as it provides better cooling to the molded products.
Industrial Mold Market Segmentation: -
By Type
1) Metal Molds
2) Other Material Molds
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Industrial Mold Market Characteristics
4. Industrial Mold Market Product Analysis
5. Industrial Mold Market Supply Chain
………………
19. Industrial Mold Market Competitive Landscape
20. Key Mergers And Acquisitions In The Industrial Mold Market
21. Market Background: Metalworking Machinery Market
22. Recommendations
23. Appendix
The report covers the trends and market dynamics of the industrial mold market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the industrial mold market are Amada, TRUMPF, DMTG, DMG Mori, U.S. Industrial Machinery
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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