Injection Molding Machine Market 2023

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Injection Molding Machine Market to Exceed 19.68
billion USD by 2023
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• The report "Injection Molding 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", The injection molding
  machine market is projected to reach USD 19.68
  billion by 2023 from an estimated USD 17.08
  billion in 2018, at a CAGR of 2.9 between 2018
  and 2023.
• Early buyers will receive 10 customization on
  this report.

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• Browse 123 market data Tables and 37 Figures
  spread through 165 Pages and in-depth TOC
  on "Injection Molding 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"
• https//www.marketsandmarkets.com/Market-Reports/i
  njection-molding-machine-market-14623149.html
• Emerging economies are expected to witness a rise
  in demand for injection molding machines in the
  near future due to the rising demand for
  injection-molded parts from the packaging,
  automotive, and consumer goods end-use
  industries. The need for lightweight automotive
  components to attain fuel efficiency and the
  rising demand for all-electric injection molding
  are expected to support the injection molding
  machine market during the forecast period. Rapid
  economic growth, improved infrastructure, and
  rising middle-class population in emerging
  economies have led to an increase in vehicle
  production and sales, which, in turn, has
  increased the demand for injection molding
  machines. The rapidly growing automotive industry
  in the Asia Pacific region is one of the major
  factors driving the growth of the injection
  molding machine market.

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The plastic segment is estimated to be
the largest product type segment of the injection
molding machine market in 2018. The plastic
segment is estimated to account for the largest
share of the injection molding machine market in
2018, in terms of value. The dominance of the
plastic segment is expected to continue during
the forecast period due to the increasing demand
from the automotive, consumer goods, and
packaging end-use industries. Injection molding
machines are used to make a wide range of plastic
products, including automotive parts, chairs,
toys, syringes, bottles, and construction kits.
Thermoplastics are the most prominent and widely
used plastics in this segment due to their low
melting point, flexibility, excellent dimensional
stability, and good chemical resistance. The
automotive segment is estimated to be the largest
end-use industry segment of the injection molding
market in 2018. The automotive segment is
estimated to be the largest application segment
of the injection molding machine market, in terms
of both, value and volume, in 2018. 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.
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The hydraulic machine segment is estimated to be
the largest machine type segment of the injection
molding market in 2018. The hydraulic machine
type segment is estimated to be the largest
application segment of the injection molding
machine market, in terms of both, value and
volume, 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 end-use industries is
fueling the growth of the hydraulic injection
molding machine market during the forecast
period. Asia Pacific is estimated to be the
largest market for injection molding machines in
2018. The injection molding machine market in
the Asia Pacific region is estimated to witness
the highest growth due to the rapidly growing
automotive, packaging, consumer goods,
healthcare, and electrical electronics end-use
industries. The Asia Pacific region is also home
to key players in the injection molding machine
market such as Haitian International Holdings
Limited and Chen Hsong Holdings Limited. Key
market players profiled in this report 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).
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• The objectives of the study include
• To analyse and forecast the size of the injection
  molding machine market in terms of value and
  volume
• To define, describe, and segment the injection
  molding machine market on the basis of product
  type, machine type, clamping force, and end-use
  industry
• To forecast the size of market segments for APAC,
  North America, Europe, South America, and the
  Middle East Africa
• To provide detailed information regarding key
  factors, such as drivers, restraints,
  opportunities, and challenges influencing the
  growth of the injection molding machine market
• To strategically analyze the segmented markets
  with respect to individual growth trends,
  prospects, and contribution to the overall market
• To identify and analyze opportunities for
  stakeholders in the market
• To analyze competitive developments, such as
  expansions, new product launches, acquisitions,
  and contracts agreements in the injection
  molding machine market
• To strategically profile key players and
  comprehensively analyze their core competencies

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