Plastic Injection Molding Machine Market Segmented by Regions, Types and Applications with Forecast Report from 2019 – 2028

Posted on 2020-06-12 by researchinsights in Industrial // 0 Comments

12th June 2020 – Global Plastic Injection Molding Machine Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Plastic injection molding machine is also termed as an injection press, is a machine exclusively used for manufacturing plastic products by using injection-molding process.

The factors that are playing a major role in the growth of the market are the high demand from end-users like automotive, packaging, and consumer goods, technological innovations in injection molding, and growing awareness regarding energy saving. However, high hydraulic pressure and heating may restrain overall market growth in the years to come. Plastic injection molding machine market is segmented based on product type, application, and region.

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Hybrid, electric, and hydraulic are the product types that are explored in the market. The hydraulic machine sector accounted for the substantial share of this market and is estimated to lead in the years to come. The reason could be low maintenance cost, high demand from end-users, and advanced performance.

The plastic injection molding machine market is categorized based on applications like electronics & telecom industry, automotive, consumer goods industry, medical industry, food & beverage industry, and others. Automotive sector accounted for the substantial share of the market and is estimated to lead overall market in the years to come. The reason could be the high demand for lightweight automotive components in developed as well as developing regions.

Leading Players Analysis covered in these report

Sumitomo (SHI) Demag
JSW Plastics Machinery
Engel
Nissei Plastic
Toyo
Arburg
Fanuc
Negri Bossi
KraussMaffei
Wittmann Battenfeld
Husky
UBE Machinery
Milacron
Guangdong Kaiming Engineering
Chen Hsong Holding Limited
Haitian International Holdings

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Market split by Sales Channel, can be divided into:

Direct Sales
Distribution Sales

Market segment by Region/Country including:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America Brazil, Argentina, Colombia and Chile etc.)
Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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