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Injection Molding Machine Market Share

  • Report ID: GMI4467
  • Published Date: Apr 2021
  • Report Format: PDF

Injection Molding Machine Market Share

Injection molding machine industry manufacturers are adopting strategic initiatives, such as product launches, production capacity expansion, mergers, and acquisitions, to siphon more market share and increase their business profitability. For instance, Sumitomo (SHI) Demag is focused on the production of all-electric machines tailored to the needs of the end-use industry. Additionally, the company is expanding its production capacity in Germany to manufacture an increasing number of electric injection molding machines.
 

Some of the key players operating in injection molding machine industry include

  • 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
  • Wittmann Battenfeld GmbH
Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Injection molding machine industry share exceeded USD 4.4 billion in 2020 and will grow at a CAGR of 4.8% between 2021 and 2027.

Plastic injection molding machines recorded more than 70% of the total industry revenue in 2020 and will expand, driven by extensive product usage in the manufacturing of plastic parts for numerous industries.

Horizontal injection molding machines held more than 80% of the overall injection molding machine market share in 2020 and will grow owing to simple operation and ease of maintenance.

Electric machines accounted for a revenue of USD 1.5 billion in 2020 and will register considerable growth due to the rising demand from electronics, medical, and packaging industries.

Injection Molding Machine Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 17
  • Tables & Figures: 315
  • Countries covered: 20
  • Pages: 200
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