Global Injection Molding Machine Market
is expected to grow at a significant CAGR in the upcoming years. Injection
machine is a machine that plasticizes the molding material under the heating
cylinder and injects this into the mold tool to generate the molded product by
a solidification process. An injection-molding machine is constructed of a mold-clamping
device, which plasticizes and injects the molding material. Generally, there
are several types of injection molding machine namely horizontal injection
machine, vertical injection machine, two-color injection machine, rotary
injection machine, low foam injection machine, multi-material injection machine
and sandwich injection machine.
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Market driving factors in the
injection molding machine market include improved standard of living. In
addition, the rise in demand for automotive equally stimulates automotive
manufacturing parts which in turn fuels the growth of injection molding machine
market. Moreover, properties such as low maintenance cost, low energy
consumption, short production cycle, high accuracy contributes to the growth of
injection molding machine market in the estimated period.
Based on segmentation by product,
the injection molding machine market includes plastics, rubber, and metal,
powder, liquid and ceramic. Plastic segment is further segmented into
thermoplastics and thermosets. Based on segmentation by machine, the injection
molding machine market includes hydraulic injection molding machine,
all-electric injection molding machine and hybrid injection molding machine.
Based on end-user segmentation, the injection molding machine market includes
consumer goods, automotive, packaging, healthcare, and electrical and
electronics, building & construction and furniture industries.
The key players in the
injection molding market include Haitian International Holdings Limited, Chen
Hsong Holdings Limited, Sumitomo Heavy Industries, Milacron Holdings Corp., Engel
Austria GmbH, Nissei Plastic Industrial Co., Ltd, Arburg GmbH & Co. KG,
Husky Injection Molding Systems Ltd., Dongshin Hydraulic Co., Ltd., The Japan
Steel Works Ltd., KraussMaffei Group GmbH, and Negri Bossi S.P.A.
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