Plastic Injection Molding Machine Market worth $ 17.3 Bn by 2025 | 2.1% CAGR : QY Research, Inc

“Plastic Injection Molding Machine Market”
An Injection molding machine, also known as an injection press, is a machine for manufacturing plastic products by the injection molding process. It consists of two main parts, an injection unit and a clamping unit.

In the early developing time of injection molding machine, there were more main manufacturers of injection molding machine in Italy, Germany and Japan. In the past 10 years, the number of Chinese manufacturers has been increasing fast. Machines from Germany are high-precise and larger sized while machines from Japan are mainly used in automobile industry. Chinese manufacturers develop the technology later so the machines are mainly used in the production of daily products.

Machines are classified primarily by the type of driving systems: hydraulic, electric, or hybrid.

Instead of being driven by a hydraulic system, all-electric machines use digitally controlled, high speed and highly efficient servo motors to drive the whole process. Each axis is controlled by an independent motor for injection, extruder, clamping and ejection.

The global Plastic Injection Molding Machine market is valued at 146200 million USD in 2017 and is expected to reach 172600 million USD by the end of 2025, growing at a CAGR of 2.1% between 2018 and 2025.

This report studies the global Plastic Injection Molding Machine industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

This research report categorizes the China and global Plastic Injection Molding Machine market by type, end-use industry, and region.

International Manufacturers Covered, Sumitomo (SHI) Demag, JSW Plastics Machinery, Engel, Nissei Plastic, Toyo, Arburg, Fanuc, Negri Bossi, KraussMaffei, Wittmann Battenfeld, Husky, UBE Machinery, Milacron. China Local Manufacturers Covered- Guangdong Kaiming Engineering, Chen Hsong Holding Limited, Haitian International Holdings Limited and others

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By Type – Electric, Hydraulic, Hybrid

By Application – Automotive, Medica Industry, Food & Beverage Industry, Consumer Goods Industry, Electronics & Telecom Industry

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