Plastic Injection Molding Machine Market by Type, Clamping Force, End Use Industry, and Region – Global Forecast to 2025 – ResearchAndMarkets.com

DUBLIN – (BUSINESS WIRE) – “Global Plastic Injection Molding Machine Market by Type (Hydraulic, All-Electric, Hybrid), Clamping Force (0-200, 201-500, Over 500 Tons of Force), End-Use Industry, and Region – Forecast to 2025” report has been added ResearchAndMarkets.com Offer.

The global plastic injection molding machine market is estimated at $ 8.9 billion in 2020 and is expected to reach $ 10.6 billion by 2025, with an annual growth rate of 3.61%.

It is forecast that the force will grow from 201 to 500 tons in the forecast period due to clamping force at the highest CAGR

The 201-500 ton power segment had the largest market share in terms of value in 2019 and is expected to record the highest CAGR in the forecast period. This high growth is due to the increasing demand for medium-sized molded parts from major end-use industries such as automotive, packaging and consumer goods. The clamping force of 201-500 tons of force is mainly used in medium-sized plastic injection molding machines. Machine types such as hydraulic, fully electric and hybrid are available with a force of 201 to 500 tons. These machines are mainly used for applications in the automotive, packaging and consumer goods industries where relatively medium-sized molded parts are required.

The hydraulic injection molding machine is the largest machine type for plastic injection molding machine in 2019

The hydraulic injection molding machine is the most popular type of machine mainly because of its long service life and wide range of applications. The hydraulic injection molding machine consists of a three-phase motor with fixed speed and a pump with variable volume. Hydraulic injection molding machines have a long service life, a long drive distance and low maintenance costs. This type of machine contributes to a significant reduction in the production cycle time. Mold makers mainly use high tonnage hydraulic machines to mold large parts. This machine is mainly used to manufacture high-precision plastic components such as automotive parts, caps and closures, consumer goods, electrical and electronic products, and medical items.

The automotive industry is estimated to be the largest end-use industry in the plastic injection molding machine market between 2020-2025

Plastic injection molding machines are mainly used for the production of automotive components, inner packaging and assembly parts, e.g. B. Vehicle exterior surfaces, vehicle lenses, interior components, components under the hood and filter components. A major shift in the use of plastics instead of iron and steel in the automotive industry should drive the plastic injection molding machine market over the forecast period. Strict government regulations have forced automakers to use plastics in place of other materials like iron and steel. Rapid economic growth, improved infrastructure and the growing middle class in emerging countries have led to an increase in vehicle production and vehicle sales, which in turn increases the demand for plastic injection molding machines. The rapidly growing automotive industry in APAC is also one of the main drivers of the plastic injection molding machine market.

APAC is expected to be the largest market for plastic injection molding machines in terms of value and volume over the forecast period

The APAC includes major emerging economies such as China and India. Therefore, the scope for the development of most industries in this region is high. The market for plastic injection molding machines is growing significantly and offers opportunities for various manufacturers. The APAC region accounts for approximately 61% of the world’s population, and the manufacturing and processing sectors in the region are growing rapidly. The APAC is the largest market for plastic injection molding machines, with China being the main market where significant growth is expected. Rising disposable incomes and rising living standards in emerging countries in APAC are the main drivers for this market.

Market dynamics

driver

  • High demand from the packaging industry

  • Increasing awareness of energy saving

  • Growth in automotive fuel demand for large plastic molds

  • New developments in plastic injection molding technology

restrictions

  • High start-up and maintenance costs of machines

opportunities

  • Growing demand from the healthcare sector

  • Growing demand for large tonnage plastic injection molding machines

  • Increasing trend in electric vehicles to increase the demand for plastic injection molds

Challenges

  • High heating and hydraulic pressure

  • Less economical for small production capacities

Mentioned companies

  • Arburg GmbH & Co. KG

  • Boco Pardubice Machines SRO

  • Borche North America Inc.

  • Chen Hsong Holdings Limited

  • Dongshin Hydraulic Co. Ltd.

  • Dr. Boy GmbH & Co. KG

  • Engel Austria GmbH

  • Fu Chun Shin Machine Manufactory Co. Ltd.

  • Haitian International Holdings Limited

  • Hillenbrabd, Inc. (Milacron Holdings Corp.)

  • Huarong Plastic Machinery Co. Ltd.

  • Husky Injection Molding Systems Ltd.

  • Kraussmaffei Group GmbH

  • Mitsubishi Heavy Industries Plastic Technology Co. Ltd.

  • Mold Hotrunner Solutions Ltd.

  • Multiplas Enginery Co. Ltd.

  • Niigata Machine Techno Company, Ltd.

  • Nissei Plastic Industrial Co. Ltd.

  • Oima Srl

  • RP Injection Srl

  • Shibaura machine (Toshiba Machine Co. Ltd.)

  • SMF Maschinenfabrik GmbH

  • Sumitomo Heavy Industries Limited

  • Japan Steel Works Ltd.

  • Toyo Machinery & Metal Co. Ltd.

  • Woojin Plaimm Co. Ltd.

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