Press release
Injection Molding Machines Market Worth $14,416.0 Million in 2027
Injection molding machine is used to create products made up of rubber, plastic, metal, ceramic and other substances. Injection molding machine is used in various industries such as automotive, packaging, toy making, construction industry, consumer goods, and logistics industry. Injection molding machine serves as an energy efficient and ideal solution for producing large volume of plastic products.The global injection molding machines market size was valued at $10.89 billion in 2019, and is projected to reach $14.41 billion in 2027, growing at a CAGR of 5.7%.
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Injection Molding Machines Market by Clamping Force (Less Than 200 Tons Force, 200 Tons to 500 Tons Force, and More Than 500 Tons Force), Machine Type (All-electric, Hydraulic, and Hybrid), Solution (New Sales and Aftermarket), Pressure Type (Low Pressure and High Pressure), and Application (Automotive, Packaging, Electronics, Healthcare, Consumer Goods, Toy Making, Building and Construction, Home Appliances, and Others)
By the use of injection molding machines, highly precise mass production of injection molded plastic components is possible. Injection molding machine serves as an energy efficient and ideal solution for producing large volume of plastic products. The growth of the global injection molding machines market is driven by surge in demand for plastic products across the world.
Key Market Players
ARBURG, ENGEL, Haitian International, Husky Injection Molding Systems, KraussMaffei Group, Milacron Holdings Corp., Nissei Plastic Industrial Co., Ltd., Sumitomo Heavy Industries, The Japan Steel Works, Ube Industries, Ltd., BMB S.P.A., Nigon, and Shibaura Machine Co. Ltd.
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging injection molding machines market trends and dynamics.
An in-depth market analysis is conducted by estimations for the key market segments between 2019 and 2027.
Extensive analysis of injection molding machines market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global injection molding machines market forecast analysis from 2020 to 2027 is included in the report.
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