Global Injection Molding Machine Market (2020-2025) –
Dublin, July 01, 2021 (GLOBE NEWSWIRE) – The “Injection molding machine market by machine type (hydraulic, all electric and hybrid), clamping force (0-200, 201-500 and over 500), product type (plastic, rubber, metals), industry end use (automotive, packaging) and region – Global forecast to 2025 “ the report was added to ResearchAndMarkets.com offer.
The injection molding machinery market is expected to reach USD 12.3 billion by 2025, at a CAGR of 3.6% from USD 10.3 billion in 2020.
Plastic molds are widely used in the healthcare industry. Injection molding machines are preferred for manufacturing medical products because these machines offer high precision, precise and complex injection molded parts. These machines have applications in surgical and medical devices such as syringes, vials, medical instruments, inhalers, cannulas, medicinal connectors, air systems, and prescription vials. The coronavirus epidemic across the world has highlighted the health sector. Due to an explosive increase in the number of Covid-19 cases, the demand for medical equipment such as syringes, air systems and other medical instruments has increased exponentially. Countries like India and China have become the hub for manufacturing and meeting the demand for all of this equipment across the world.
Force of 201-500 tons is expected to increase at the highest CAGR, per clamping force, during the forecast period
The 201-500 ton-force segment accounted for the largest market share in terms of value in 2019 and is expected to register the highest CAGR during the forecast period. This strong growth is attributed to the growing demand for mid-size molded parts from major end-use industries such as automotive, packaging and consumer goods. The clamping force of 201-500 ton-force is mainly used in mid-size injection molding machines. Machine types such as hydraulic, all electric and hybrid are available in 201 to 500 tons. These machines are primarily used for applications in the automotive, packaging and consumer goods industries, where relatively mid-sized castings are required.
Plastic product type is expected to grow at the highest CAGR during the forecast period
The injection molding machine market for plastic products was the largest in terms of value in 2019. Injection molding is the process of manufacturing plastic parts and products from thermoplastics and thermosetting materials. The plastic commonly used in the injection molding process is nylon, polypropylene, polystyrene, polyethylene, and unsaturated polyesters. Plastic products are made from high quality raw materials which guarantee their top quality. The injection molding process for plastic products involves heating the polymer until it is liquid and then using pressure to force it into the mold. The process is very fast and complicated. Despite the high cost of tooling, injection molding is the most popular manufacturing process for mass production of plastics. Injection molding machines are used to produce various plastic products such as power tool cases, telephone handsets, electrical switches, car bumpers, dashboards, syringes, disposable razors and bottle lids / closures.
“The hydraulic injection molding machine is the largest type of machine for the injection molding machine market in 2019”
Hydraulic injection molding machine is the most popular type of machine mainly due to its long service life and wide range of applications. The hydraulic injection molding machine consists of a three-phase fixed speed motor and a variable volume pump. Hydraulic injection molding machines have long service life, long driving distance and low maintenance cost. This type of machine allows a significant reduction in the production cycle time. Molders mainly use high tonnage hydraulic machines for molding large parts. This machine is mainly used to produce high precision plastic components such as auto parts, caps and closures, consumer goods, electrical and electronic products, and medical items.
Automotive is estimated to be the largest end-use industry in the injection molding machine market between 2020 and 2025.
Injection molding machines are mainly used in the manufacture of automotive components, interior packaging and assembly parts, such as automotive exteriors, car lenses, interior components, under the hood components and filter components. Strong change in the use of plastics instead of iron and steel in automotive industry is expected to drive the injection molding machine market during the forecast period. Strict government regulations have forced automakers to use plastics instead of other materials such as iron and steel. Rapid economic growth, improved infrastructure and increasing middle class population in emerging economies have resulted in increased production and sales of vehicles, which in turn increases demand for machinery. injection molding. The rapidly growing automotive industry in APAC is also one of the major factors driving the injection molding machine market.
APAC is expected to be the largest injection molding machine market during the forecast period, in terms of value and volume.
APAC includes major emerging nations such as China and India. Therefore, the development possibilities of most industries are high in this region. The injection molding machine market is growing rapidly and provides opportunities for various manufacturers. The APAC region represents about 61.0% of the world’s population, and the manufacturing and processing sectors are growing rapidly in the region. APAC is the largest market for injection molding machines, with China the main market expected to experience significant growth. Rising disposable incomes and rising living standards in emerging APAC economies are the main drivers of this market.
The growing population of the region along with the development of new technologies and new products is expected to make this region an ideal destination for the growth of the injection molding machines market. However, establishing new factories, implementing new technologies and creating a supply chain between raw material suppliers and manufacturing industries in emerging APAC regions is expected to be a challenge for them. industry players because there is low urbanization and industrialization. The booming automotive, consumer goods and packaging sectors and advancements in process manufacturing are some of the major drivers of the APAC market. Countries like India, Indonesia, and China are expected to experience strong growth in the injection molding machine market due to the increasing demand from the automotive industry.
Main topics covered:
2 Research methodology
3 Executive summary
4 premium information
4.1 Attractive Market Opportunities for Injection Molding Machine Manufacturers
4.2 APAC Injection Molding Machine Market, by Machine Type and Country
4.3 Injection Molding Machine Market, by Region
4.4 Injection Molding Machine Market, by Region and Machine Type, 2019
4.5 Injection Molding Machine Market, by Key Countries
5 Market overview
5.2 Market dynamics
126.96.36.199 Strong demand from the packaging industry
188.8.131.52 Increased awareness of energy savings
184.108.40.206 Growth of Automotive Sector Fueling Demand for Large Plastic Molds
220.127.116.11 New developments in injection molding technology
18.104.22.168 High initial and maintenance costs of machines
22.214.171.124 Growing demand from the healthcare industry
126.96.36.199 Growing Demand for Large Tonnage Injection Molding Machines
188.8.131.52 Rising Trend of Electric Vehicle to Increase Demand for Injection Molds
184.108.40.206 High heating and hydraulic pressure
220.127.116.11 Less economical for small production capacities
5.3 Technology overview
5.4 Porter’s five forces analysis
5.4.1 Threat of substitutes
5.4.2 Threat of new entrants
5.4.3 Bargaining power of suppliers
5.4.4 Bargaining power of buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Macroeconomic indicators
5.5.1 GDP trends and forecasts for major economies
5.6 Impact of COVID-19
5.7 Impact of COVID-19: Customer Analysis
6 industry trends
7 Injection Molding Machine Market, by Product Type
8 Injection Molding Machine Market, By Machine Type
9 Injection Molding Machine Market, By Clamping Force
10 Injection Molding Machine Market, By End-Use Industry
11 Injection Molding Machine Market, by Region
12 Competitive landscape
13 company profiles
13.1 Major players
13.1.1 Haitian International Holdings Limited
13.1.2 Sumitomo Heavy Industries Limited
13.1.3 Japan Steel Works Ltd.
13.1.4 Chen Hsong Holdings Limited
13.1.5 Hillenbrand, Inc.
13.1.6 Engel Austria GmbH
13.1.7 Arburg GmbH & Co. Kg
13.1.8 Nissei Plastic Industrial Co. Ltd.
13.1.9 Husky Injection Molding Systems Ltd.
13.1.10 Kraussmaffei Group GmbH
13.1.11 Dongshin Hydraulic Co. Ltd.
13.2 Startups / PME Players
13.2.1 Niigata Machine Techno Company, Ltd.
13.2.2 Huarong Plastic Machinery Co. Ltd.
13.2.3 Fu Chun Shin Machinery Manufacture Co. Ltd.
13.2.4 Machine Shibaura (Toshiba Machine Co. Ltd.)
13.2.5 Oima Srl
13.2.6 RP Injection Srl
13.2.7 Toyo Machinery & Metal Co. Ltd.
13.2.8 Boco Pardubice Machines SRO
13.2.9 Mitsubishi Heavy Industries Plastic Technology Co. Ltd.
13.2.10 Woojin Plaimm Co. Ltd.
13.2.11 Borche North America inc.
13.2.12 Multiplas Enginery Co. Ltd.
13.2.13 Hotrunner Solutions Ltd. mold
13.2.14 Dr Boy GmbH & Co. Kg
13.2.15 Smf Maschinenfabrik GmbH
14 Adjacent and Related Markets
For more information on this report, visit https://www.researchandmarkets.com/r/gy3h4z