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Injection Molding Machine Market

Injection Molding Machine Market

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Injection Molding Machine Market

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  1. Injection Molding Machine Market is Expected To Grow With Impressive Growth Rate Between 2021 To 2027 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Injection Molding Machine Industry • The injection molding machine market size is anticipated to exceed a valuation of USD 6 billion through 2027, as stated by the latest study by Global Market Insights Inc. • The COVID-19 outbreak has impacted the injection molding industry in the form of reduced demand from the automotive market owing to a decline in the production of vehicles. The U.S. recorded an automotive vehicle production of more than 8.8 million units in the year 2020. • Injection molding is one of the most viable alternatives for the mass production of automotive parts with high cost-efficiency, given the surging sales of automotive vehicles, the large number of plastic parts utilized in a vehicle, and the huge fleet of automobiles. • This growth is ascribed to an increase in the adoption of expansion strategies such as acquisitions, mergers, partnerships, and product developments for the consolidation of market share by key injection molding machine manufacturers. • To cite an instance, in May 2021, Boddingtons, a leading medical device manufacturer, invested in five new injection molding machines, for meeting the demand for a new OEM customer in the pharmaceutical industry. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • How will the rising demand for hydraulic injection molding machines impact market forecast? • Hydraulic injection molding machines are set to account for a substantial share of the injection molding machine market revenue through the coming years. This rise is attributed to their high clamping force abilities. Modern hydraulic injection molding machines can offer a clamping force of up to and beyond 8,000 tons and hold the ability for the production of parts that weigh over 50 pounds. • Therefore, there is a high preference for hydraulic injection molding machines by the automotive industry for the manufacturing of heavy and large parts comprising bumpers. In addition, manufacturers leverage numerous benefits that are offered by different injection molding machines and are increasingly ordering them for the purpose of manufacturing all kinds of products. • These trends are positively influencing the demand for injection molding machine maintenance, opening up lucrative avenues for market players. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/4467 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Furthermore, the industry growth is driven by the demand for plastic injection molding machines owing to the application of plastic parts to a large extent. In addition, the injection molding machine market is also witnessing a surging demand for horizontal machines due to their large product manufacturing abilities and high clamping force. • On the whole, the surging applications of complex-shaped and miniaturized products will foster the augmentation of injection molding machine market share over the coming years. Request for customization:https://www.gminsights.com/roc/4467 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • ENGEL Group, ARBURG GmbH + Co KG, Haitian Plastics Machinery Group, Sumitomo (SHI) Demag Plastics Machinery GmbH, Husky Injection Molding Systems Ltd., KraussMaffei Technologies GmbH, Milacron LLC, Nissei Plastic Industrial Co., Ltd., The Japan Steel Works, Ltd., Ube Machinery Corporation, Ltd., Polymechplast Machines Ltd., Electronica Plastic Machines Ltd., Multiplas Enginery Co., Ltd., Supermac Machinery, Borch Machinery Co., Ltd., MICRO, and Wittmann Battenfeld GmbH. are some of the key players operating in the Injection Molding Machine Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Injection Molding Machine Market@ https://www.gminsights.com/industry-analysis/injection-molding-machine-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4467 Request for customization: https://www.gminsights.com/roc/4467 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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