Plastics Injection Molding Machine Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2018–2028
Reports
and Data estimates the global Plastics Injection Molding Machine
Market competitive
landscape is highly fragmented with numerous players operating on a global and
regional scale. The key companies in the market are engaged in mergers and
acquisitions, joint ventures, collaborations, and product launches to gain a
robust revenue growth over the forecast period. The report considers 2020-2021
as historic years, 2020 as the base year, and 2018-2028 as the forecast period.
The report offers CAGR and market size for the global Plastics Injection
Molding Machine Market during the forecast period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include Ferromatik
Milacron India, Toshiba, Windsor, Electronica, Engel, JH-Welltec Machines,
Tederic, Arburg GmbH & Co., Haitian International Holdings Limited, Chen
Hsong Holdings Limited, Sumitomo, Milacron Holdings Corp., Nissei Plastic
Industrial Co. Limited and Husky Injection Molding Systems Ltd.
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Plastics
Injection Molding Machine Market Overview :-
The
global Injection Molding Machine was valued at more than USD 17 billion in
2017, of which the plastics segment was valued at around USD 13 billion and is
expected to rise significantly during the forecast period. Plastics injection
molding machine uses injection molding manufacturing processes, which produces
parts by the injection of molten material into the mold, then allowed to cool
and harden to form around the shape of the cavity.
The
increasing demand for plastics in the automotive, packaging, home appliances,
and other end-user sectors is expected to drive the growth of the market.
Furthermore, the mass production of complicated plastic shapes has gotten
easier and efficient due to the growing innovations in the injection molding
process. The construction spending has witnessed an increase in key emerging
economies such as China and India, will add to the growth during the forecast
period. The favorable regulations and support by the government to increase
foreign direct investment (FDI) have also benefited the manufacturers along
with the low cost of labor. The ever-changing prices of raw materials such as
benzene, propylene, ethylene, and styrene along with the rising environmental
concerns regarding the disposal of by-products, waste, and VOCs are the
significant restraints on the production of plastic, which, in turn, may hamper
the growth of the plastics injection molding machines.
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Market segment based on the Type:
·
Electric Type
·
Hydraulic Type
·
Hybrid Type
Market segment based on End-user:
·
Automotive
·
Medical
·
Food & Beverage
·
Consumer Goods
·
Electronics & Telecom
·
Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the Plastics Injection Molding Machine
Market during the forecast period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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