About Injection Moulding Machine
An injection molding machine is a machine used for the manufacturing of plastic products such as toys, automotive body parts, cell phone cases and water bottles with the use of the injection molding process. Essentially many of the plastic parts used in everyday life by the people are injection molded. It is made up of two main parts including an injection unit and a clamping unit. Its molds can be fastened in either a horizontal or vertical position. Most of the injection molding machine are horizontally oriented, but vertical machines are used in some niche applications such as insert molding.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.7% |
The market of injected molded plastics consists of major players who are focusing on the expansion and technological developments. The emerging economies are to estimate positive growth due to the rising demand in end use industries such as food and beverages, personal care in upcoming years Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Injection Moulding Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arburg GmbH (Germany), Milacron (United States), Haitian International (China), Chen Hsong (China), The Japan Steel Works (Japan), Sumitomo Heavy Industries (Japan), Nessei Plastic (Japan), Husky (Canada), Engel (Austria) and TOYO MACHINERY & METAL CO., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ube Industries, Ltd. (Japan) and KraussMaffei Group (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Injection Moulding Machine market by Type (Hydraulic, Mechanical, Electric and Hybrid), Application (Packaging, Automotive, Medical and Other) and Region.
On the basis of geography, the market of Injection Moulding Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Clamping Force, the sub-segment i.e. Less than 200 tons force will boost the Injection Moulding Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Injection Unit will boost the Injection Moulding Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Energy Efficient Molding Machines and Advancements in the Injection Molding Machine
Market Growth Drivers:
High Demand for Injection Molded Plastic Products, Increased Adoption of Injection Molding Machine and High Efficiency and Enhanced Strength of the Molding Machines
Challenges:
Maintenance of the Injection Molding Machine and Slowdown of the World Economy
Restraints:
High Cost of the Injection Molding Machine and Fluctuations in the Raw Material Prices
Opportunities:
Increasing Demand from Healthcare Industry and Growing Automotive Industry Worldwide
Market Leaders and their expansionary development strategies
In January 2024, Krones is set to acquire Switzerland-based injection molding machine supplier Netstal. Netstal reportedly generated revenue of more than €200m. The profitability of the company is currently below the Krones Group level, but this gap is expected to be closed over the coming years.
In February 2024, PlastiVation Machinery has unveiled a new generation of its Tederic Neo series of injection moulding machines, the electric toggle NEO-E60/e110. The Munich-based company promises to offer the technology of a German machine at the price tag of China.
Key Target Audience
Injection Molding Machine Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.