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Injection Molding Machine Market Worth 4.86 Billion USD by 2021


News provided by

MarketsandMarkets

01 Jun, 2016, 13:30 GMT

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PUNE, India, June 1, 2016 /PRNewswire/ --

The report "Injection Molding Machine Market by Product Type (Plastic, Rubber, Metal, and Ceramic), by Machine Type (Hydraulic, All-Electric, and Hybrid), by End-Use Industry (Automotive, Consumer Goods, Packaging, Healthcare and Electrical and Electronics) & by Region - Global Forecast to 2021", published by MarketsandMarkets, The market size is projected to reach USD 4.86 Billion by 2021, registering a CAGR of 2.2% between 2016 and 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 135 market data Tables with 75 Figures spread through 199 Pages and in-depth TOC on "Injection Molding Machine Market" 

http://www.marketsandmarkets.com/Market-Reports/injection-molding-machine-market%20-14623149.html

Early buyers will receive 10% customization on this report. 

The market is driven by the rapid growth of the automotive and packaging industries in the Asia-Pacific region. There is increasing demand of automobiles in the emerging economies such as China, India, and Japan because injection molding machines are majorly used for manufacturing automotive parts.  This is fueling the growth of the injection molding machine market in these regions. Properties such as low energy consumption, low maintenance cost, short production cycle time, and high accuracy of all-electric injection molding machines contribute to the growth of the injection molding machine market.

Injection molding machine for plastic products to account for the major share of the market till 2021 

The injection molding machine market is segmented by product type, namely, plastic, rubber, metal ceramic, and others (includes micro-injection molding, gas injection molding, and liquid silicone rubber injection molding). Plastic is the most preferred product type of injection molding machine and accounts for a major share in the global injection molding machine market. The dominance of the plastic segment is expected to continue between 2016 and 2021 due to its increasing demand from the end-use industries such as automotive, consumer goods, and packaging.

Automotive industry to be the largest industry for the injection molding machine market between 2016 and 2021 

The automotive industry accounted for the largest share in the injection molding machine market. This is due to the growing automotive industry and improving standard of living in the developing nations. Moreover, the increasing number of passengers and commercial vehicles in the region is fueling the growth of the market. Injection molding machines are predominantly used in manufacturing automotive components, interior wrapping, and numerous assembly parts.

For More Info Make Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=14623149

Asia-Pacific to be the largest market during the forecast period

The Injection Molding Machine Market is broadly segmented into five regions, namely, Asia-Pacific, North America, Europe, the Middle East & Africa, and Latin America. Asia-Pacific is the largest market, followed by Europe, and projected to be the fastest-growing market during the forecast period. Growing industrialization and increasing number of passenger and commercial vehicles have offered enormous opportunities for various automotive industries to use injection molding machines in the Asia-Pacific region.Currently, the global injection molding machine market is dominated by various market players, such as Haitian International Holdings Limited (China), Chen Hsong Holdings Limited (China), Sumitomo Heavy Industries (Japan), Milacron Holdings Corp. (U.S.), Engel Austria GmbH (Austria), Nissei Plastic Industrial Co., Ltd, (Japan), Arburg GmbH & Co. KG (Germany), Husky Injection Molding Systems Ltd. (Canada), Dongshin Hydraulic Co., Ltd. (Korea), The Japan Steel Works Ltd. (Japan), KraussMaffei Group GmbH (Germany), Negri Bossi S.P.A. (Italy), and others.

Study Coverage: 

The research study aims at identifying emerging trends and opportunities in the global injection molding machine market along with a detailed classification of the market, in terms of value and volume. It identifies the key players in the global market and provides a comprehensive competitive landscape. The research study also includes a detailed segmentation of the global injection molding machine market on the basis of end-use industry, type, and region.

Browse Related Reports: 

Engineering Plastics Market by Type (PC, ABS, PET & PBT, POM, Fluoropolymers and Others), By Application (Automotive & Transport, Industrial & Machinery, Packaging, Consumer Appliances, and Others) - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/engineering-plastics-market-687.html

Industrial Gases for Plastic & Rubber Industry Market by Gas Type (Nitrogen, Carbon Monoxide, Carbon Dioxide, Others), By Process (Injection Molding, Extrusion, Foaming, Blow Molding), By Storage & Distribution and Transportation, End Use - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/industrial-gases-plastic-rubber-industry-market-102582424.html

About MarketsandMarkets 

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
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Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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