Injection Molding Machine Market Size- By Applications, By Clamping Force, By End Use, By Machine Type, By Product, By Sales- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Injection Molding Machine Market Overview
According to SPER Market Research, the Global Injection Molding Machine Market is estimated to reach USD 15.16 billion by 2032 with a CAGR of 3.84%. The global injection molding machine market refers to the market for machines used in the injection molding process, which is a manufacturing process used to produce parts by injecting molten material into a mold. Although it is somewhat comparable to die casting, the raw materials utilized are different. Whereas glass, elastomers, and most frequently thermoplastic and thermosetting polymers are used for injection molding, die casting uses metals that must melt at extremely high temperatures.
Impact of COVID-19 on the Global Injection Molding Machine MarketThe new coronavirus has swiftly spread over a number of nations and regions, having a profound effect on both individual lives and the community as a whole. Due to worldwide lockdown measures and delays in injection molding machine production, the COVID-19 outbreak has had a severe impact on the growth of the global injection molding machines sector. Due to lockdown caused by the COVID-19 epidemic, manufacture of cars and gadgets has stopped. Once the COVID-19 vaccine enters the market for injection molding machines, the number of COVID-19 cases is anticipated to decline soon.
Scope of the Report:Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments coveredBy Application, By Clamping Force, By End Use, By Fuel Grades, By Machine Type, By Product, By Sales
Regions coveredAsia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies CoveredArburg, Bemis Manufacturing Company, Biomedical Polymers Inc, BMP Medical Chen Hsong Holdings Limited, Gerresheimer AG, Milacron Holdings Corp, Nissei Plastic Industrial Co., Ltd, Rogan Corporation, Ube Industries, Ltd
Global Injection Molding Machine Market Segmentation:
By End Use- Based on the End Use, Global Injection Molding Machine Market is segmented as; Automotive, Packaging, Others
By Machine type- Based on the Machine Type, Global Injection Molding Machine Market is segmented as; All-Electric, Hydraulic, Hybrid
By Region- Due to the increased demand for automobiles in the major Asian countries, sales of injection molding machines are rising in the region. Automobile demand is mostly increasing in China, India, Indonesia, and Japan. China is quickly assuming the top spot in the world for car development.