Market Overview

Global Injection Molding Machine Market 2018-2023: High Demand From the Packaging Industry, Rising Awareness About Energy Saving & Growing Automotive Industry in APAC

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Global Injection Molding Machine Market 2018-2023: High Demand From the Packaging Industry, Rising Awareness About Energy Saving & Growing Automotive Industry in APAC

PR Newswire

DUBLIN, Aug. 7, 2018 /PRNewswire/ --

The "Injection Molding Machine Market by Product Type (Plastic, Rubber, Metal), Machine Type (Hydraulic, All-Electric, Hybrid), End-Use Industry (Automotive, Packaging, Consumer Goods), Clamping Force (0-200, 201-500, Above 500) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The injection molding machine market is estimated to be USD 17.08 billion in 2018 and is projected reach USD 19.68 billion by 2023, at a CAGR of 2.9% between 2018 and 2023. The growth of the market is driven by the high demand from the packaging industry, rising demand for energy saving, growing automotive industry, and advancements in injection molding technology.

On the basis of product type, the injection molding machine market has been segmented into plastic, rubber, metal, ceramic, and others. The plastic segment is estimated to lead the injection molding machine market in 2018, in terms of value. The demand for plastic injection molding machines is primarily driven by the increased demand from the automotive, consumer goods, and packaging end-use industries. Plastic injection molding machines facilitate the fast production of plastic parts with reduced waste at lower costs. These machines also enable the use of a wide variety of material types such as nylon, polycarbonate, polystyrene, and polypropylene.

On the basis of machine type, the injection molding machine market has been segmented into hydraulic, all-electric, and hybrid. The hydraulic segment accounted for the largest share, in terms of value, of the injection molding machine market in 2018. The dominance of hydraulic injection molding is expected to continue during the forecast period owing to its enhanced performance and low maintenance cost. Also, the increasing demand from the automotive, consumer goods, and packaging various end-use industries is fueling the growth of the hydraulic injection molding machine market.

On the basis of end-use industry, the injection molding machine market has been segmented into automotive, packaging, consumer goods, healthcare, electrical & electronics, and others. The automotive end-use industry segment is estimated to grow at the highest rate, in terms of both, value and volume, during the forecast period. The growth of this segment can be attributed to the increasing production of vehicles and rising demand for lightweight automotive components in developed and emerging regions.

Asia Pacific is estimated to be the fastest-growing region for injection molding machines during the forecast period, in terms of value. Rapidly growing end-use industries, competitive manufacturing costs, rising demand from the automotive industry, and high economic growth rates are the major factors for the growth of the injection molding machine market in this region.

The use of injection molding machines for lower production capacities is less economical, which is a major factor restraining the growth of the market.

New product launches, expansions, contracts & agreements, and acquisitions were the key strategies adopted by players in the injection molding machine market. Major players in the injection molding machine market include Haitian International (China), Chen Hsong (China), Milacron (US), The Japan Steel Works (Japan), Sumitomo Heavy Industries (Japan), Arburg (Germany), Nessei Plastic (Japan), Husky (Canada), and Engel (Austria)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Injection Molding Machine Market
4.2 APAC Injection Molding Machine Market, By End-Use Industry and Country
4.3 Injection Molding Machine Market, By Region
4.4 Injection Molding Machine Market, By Region and End-Use Industry
4.5 Injection Molding Machine Market, By Key Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Demand From the Packaging Industry
5.2.1.2 Rising Awareness About Energy Saving
5.2.1.3 Growing Automotive Industry in APAC
5.2.1.4 Advancements in Injection Molding Technology
5.2.2 Opportunities
5.2.2.1 Growing Demand From the Healthcare Industry
5.2.3 Challenges
5.2.3.1 High Heating and Hydraulic Pressure
5.2.3.2 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 Forecast of Major Economies
5.5.2 Trends and Forecast of Automotive Industry and Its Impact on Injection Molding Machine Market

6 Injection Molding Machine Market, By Product Type
6.1 Introduction
6.2 Plastic
6.2.1 Thermoplastics
6.2.2 Thermosets
6.3 Rubber
6.4 Metal
6.4.1 Powder
6.4.2 Liquid
6.5 Ceramic
6.6 Others

7 Injection Molding Machine Market, By Machine Type
7.1 Introduction
7.2 Hydraulic Injection Molding Machine
7.3 All-Electric Injection Molding Machine
7.4 Hybrid Injection Molding Machine

8 Injection Molding Machine Market, By Clamping Force
8.1 Introduction
8.2 0-200 Ton-Force
8.3 201-500 Ton-Force
8.4 Above 500 Ton-Force

9 Injection Molding Machine Market, By End-Use Industry
9.1 Introduction
9.2 Automotive
9.3 Consumer Goods
9.4 Packaging
9.5 Healthcare
9.6 Electrical & Electronics
9.7 Others

10 Injection Molding Machine Market, By Region

11 Competitive Landscape
11.1 Introduction
11.2 Market Share of Key Players
11.2.1 Haitian International Holdings Limited
11.2.2 Chen Hsong Holdings Limited
11.2.3 Engel Austria GmbH
11.2.4 Sumitomo Heavy Industries Limited
11.2.5 Milacron Holdings Corp.
11.3 Competitive Scenario
11.3.1 Expansions
11.3.2 New Product Launches
11.3.3 Contracts & Agreements
11.3.4 Acquisitions

12 Company Profiles

  • Arburg GmbH & Co. Kg
  • Boco Pardubice Machines S.R.O.
  • Borche North America Inc.
  • Chen Hsong Holdings Limited
  • Dongshin Hydraulic Co., Ltd.
  • Dr. Boy GmbH & Co. Kg
  • Engel Austria GmbH
  • Fu Chun Shin Machinery Manufacture Co., Ltd.
  • Haitian International Holdings Limited
  • Huarong Plastic Machinery Co., Ltd.
  • Husky Injection Molding Systems Ltd
  • Kraussmaffei Group GmbH
  • Milacron Holdings Corp.
  • Mitsubishi Heavy Industries Plastic Technology Co., Ltd.
  • Mold Hotrunner Solutions Ltd.
  • Multiplas Enginery Co., Ltd.
  • Negri Bossi S.P.A.
  • Nigata Machine Techno Company, Ltd.
  • Nissei Plastic Industrial Co., Ltd
  • Oima SRL
  • R.P. Injection SRL
  • SMF Maschinenfabrik GmbH
  • Sumitomo Heavy Industries Limited
  • The Japan Steel Works Ltd.
  • Toshiba Machine Co., Ltd.
  • Toyo Machinery & Metal Co., Ltd.
  • Woojin Plaimm Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/44tm5k/global_injection?w=5

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