MUMBAI, India, April 25, 2018 (GLOBE NEWSWIRE) -- Plastic injection molding machines are used to perform the injection molding process, which is used to manufacture plastic parts. The plastic injection molding process can be used to manufacture a broad variety of parts or products, varying greatly in their dimensions, structures and end-user applications. The material to be injected in the shaping mold is melted in the molding machine and thereafter it is cooled before shaping it as per the design of the desired component.
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Market Dynamics
The end-use industries such as automotive and consumer goods has been growing and they, are expected to drive the increasing demand for injection molding machines. The heating and hydraulic pressure issue is supposed to act as the factor restraining the growth of the market. Injection molding machines work by heating plastic pallets into molten material, thereby, injecting the molten plastic into a mold, and then cooling the product. When the mold is not sealed properly, heating and hydraulic pressure issues occurs then. As a result, this causes improper venting in the injection unit of the machine. Issues such as these restrain the growth of the market.
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Market Classification
The market for plastic injection molding machine is segmented based on geography, and by machine type and end-user industry. Geographically, this market can be segmented in four regions namely North American, Europe, Asia-Pacific and Rest of the World. The market is classified on the basis of machine type, namely, hydraulic injection molding machine, all-electric injection molding machine, and hybrid injection molding machine. By end-user industry the market is segmented by automotive, consumer goods, packaging, healthcare, electrical and electronics.
Report Coverage
Analysis Period : 2016 – 2026
Historic Data: 2016 – 2017
Base Year: 2018
Forecast Data: 2019 – 2026
Market Stratification: By Machine Type, End-User Industry and Geography
Regional Scope: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage: Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis
Market Participants
Some of the major players in the global plastic injection molding machine market Husky Injection Molding Systems Ltd drug market include Sumitomo Heavy Industries Ltd, Haitian International Holdings Limited, The Japan Steel Works Ltd, Chen Hsong Holdings Limited, Engel Austria GmbH, among others.
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Market Segmentation
Market By Machine Type
- Hydraulic Injection Molding Machine
- All-Electric Injection Molding Machines
- Hybrid Injection Molding Machines
Market By End-User Industry
- Automotive
- Consumer Goods
- Packaging
- Healthcare
- Electrical & Electronics
- Others
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
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