Plastic Injection Molding Market Size is Estimated to Reach USD 420 Billion by 2030

Plastic injection molding machines are used to perform the injection molding process, which is used to manufacture plastic parts. The plastic injection molding process can be used to manufacture a broad variety of parts or products, varying greatly in their dimensions, structures and end-user applications. The material to be injected in the shaping mold is melted in the molding machine and thereafter it is cooled before shaping it as per the design of the desired component.

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Market Dynamics

The end-use industries such as automotive and consumer goods has been growing and they, are expected to drive the increasing demand for injection molding machines. The heating and hydraulic pressure issue is supposed to act as the factor restraining the growth of the market. Injection molding machines work by heating plastic pallets into molten material, thereby, injecting the molten plastic into a mold, and then cooling the product. When the mold is not sealed properly, heating and hydraulic pressure issues occurs then. As a result, this causes improper venting in the injection unit of the machine. Issues such as these restrain the growth of the market.

Market Classification

The market for plastic injection molding machine is segmented based on geography, and by machine type and end-user industry. Geographically, this market can be segmented in four regions namely North American, Europe, Asia-Pacific and Rest of the World. The market is classified on the basis of machine type, namely, hydraulic injection molding machine, all-electric injection molding machine, and hybrid injection molding machine. By end-user industry the market is segmented by automotive, consumer goods, packaging, healthcare, electrical and electronics.

Market Participants

Some of the major players in the global plastic injection molding machine market Husky Injection Molding Systems Ltd drug market include Sumitomo Heavy Industries Ltd, Haitian International Holdings Limited, The Japan Steel Works Ltd, Chen Hsong Holdings Limited, Engel Austria GmbH, among others.

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Market Segmentation

Market By Machine Type
• Hydraulic Injection Molding Machine
• All-Electric Injection Molding Machines
• Hybrid Injection Molding Machines

Market By End-User Industry
• Automotive
• Consumer Goods
• Packaging
• Healthcare
• Electrical & Electronics
• Others

Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
The Middle East & Africa
• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

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