Plastic Injection Molding Machine Market Size & Share, by Machine Type (Hydraulic, Electric, Hybrid); Application (Automotive, Consumer Goods, Packaging, Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 6007
  • Published Date: Apr 11, 2024
  • Report Format: PDF, PPT

PLASTIC INJECTION MOLDING MACHINE MARKET TOC

Part 01

  1. An Introduction to the Research Study
    1. Definition of the Market and the Segments
    2. Acronyms and Assumptions

Part 02

  1. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
    2. Calculation and Derivation of Market Size
      1. Top-down approach
      2. Bottom-up approach

Part 03

  1. Recommendation by Analyst for C-Level Executives

Part 04

  1. An Abstract of the Report

Part 05

  1. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends

Part 06

  1. Fundamental Market Prospects

Part 07

  1. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits

Part 08

  1. Regulatory & Standards Landscape

Part 09

  1. Economic Outlook: Japan
    1. Limitations to Japan’s Economic Recovery
    2. Uplifting Policies to Foster the Growth of the Economy
    3. Future-Outlook and Strategic Move for Sustainable Economy

Part 10

  1. Impact of Recession in Japan and Global Economy

Part 11

  1. Recent Developments/Trends in Japan’s Plastic Injection Molding Machine Market

Part 12

  1. Industry Risk Analysis

Part 13

  1. Industry Value Chain Analysis

Part 14

  1. Regional Analysis

Part 15

  1. Industry Growth Outlook by Plastic Injection Molding Machine Type

Part 16

  1. Application Analysis

Part 17

  1. Industry Pricing Analysis

Part 18

  1. Patent Analysis

Part 19

  1. Plastic Injection Molding Machine SWOT Analysis

Part 20

  1. Analysis of Trends / Developments in Plastic Injection Molding

Part 21

  1. Plastic Injection Molding Machine Component Supplier

Part 22

  1. EXIM Analysis

Part 23

  1. Product Feature Analysis

Part 24

  1. Analysis of Injection Molding

Part 25

  1. Global Plastic Injection Molding Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Market Summary
    2. Market Value (USD Million), & Volume (Units) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Global Plastic Injection Molding Market Valuation, Business Viewpoint, and Forecast by Machine Type, 2023-2036
      1. Hydraulic, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      2. Electric, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      3. Hybrid, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
    5. Global Plastic Injection Molding Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
      1. Automotive, Market Value (USD Million), Current and Future Projections, 2023-2036
      2. Consumer Goods, Market Value (USD Million), Current and Future Projections, 2023-2036
      3. Packaging, Market Value (USD Million), Current and Future Projections, 2023-2036
      4. Electronics, Market Value (USD Million), Current and Future Projections, 2023-2036
      5. Others, Market Value (USD Million), Current and Future Projections, 2023-2036
    6. Global Plastic Injection Molding Market Valuation, Business Viewpoint, and Forecast by Region, 2023-2036
      1. North America, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      2. Latin America, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      3. Europe, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      4. Asia Pacific Excluding Japan (APEJ), Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      5. Japan , Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036
      6. Middle East & Africa, Market Value (USD Million & Thousands Units) Current and Future Projections, 2023-2036

Cross Analysis of Machine Type w.r.t. Application (USD Million), 2023-2036

Part 26

  1. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market (%)
    2. Profile of the Major Vendors
    3. Haitian International
      1. Business Overview
      2. Key Business Strategies for the Growth of Revenue
      3. Financial Performance and Revenue Representation
      4. Major Products Offered
      5. Mergers and Acquisitions
      6. Latest Trends
      7. Regional and Worldwide Presence
    4. Sumitomo Heavy Industries, Ltd
    5. The Japan Steel Works, LTD
    6. Chen Hsong Holdings Limited
    7. ENGEL
    8. ARBURG GmbH + Co KG
    9. NISSEI PLASTIC INDUSTRIAL CO., LTD.
    10. L K Machinery India Pvt. Ltd.
    11. TOYO MACHINERY & METAL CO.,LTD
    12. APSX LLC
    13. Shibaura Machine CO., LTD
    14. S&T Plastic Machines Pvt Ltd

 

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Plastic Injection Molding Machine Market size is anticipated to reach USD 18.19 billion by the end of 2036, growing at a CAGR of 4.20% during the forecast period i.e., 2024-2036. In the year 2023, industry size of plastic injection molding machine was over 10.74 billion. The growth of the market is driven in particular by the packaging industry. In the packaging of plastic products, such as cups and containers, injection molding is used extensively. The plastics injection molding machines allow manufacturers in the packaging industry to choose the most appropriate materials for their particular applications, which can be processed from a variety of thermoplastics. The production of plastic packaging accounts for almost 40% of the demand.

As public awareness of the large levels of plastic waste pollution is increasing, sustainability in the plastics sector continues to be a major debate topic. As a result, demand for sustainable products has increased and companies have been encouraged to include plastics that can be recycled or biodegradable, such as PLA or bio-PET, in their products. Moreover, the adoption of all electric injection machines has also increased due to their potential for considerable energy savings.


Plastic Injection Molding Machine Market
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Plastic Injection Molding Machine Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Utilization in Healthcare Sector - New applications of plastic injection molding are emerging in the medical sector. Medical implants, diagnostic devices and drug delivery systems are also produced. Opportunities for the expansion of the plastic injection molding machine market are presented by the growth of the healthcare sector. Inject Molding is a very efficient and cost-effective production process for the manufacture of high volumes of specific components.
  • Expansion of Automotive Sector - For a variety of applications, such as inside and exterior parts, engine components, electric systems or more, the automobile industry is very dependent on plastic components. In order to meet the demand of the automobile industry, plastic injection molding machines are applied for producing these components in an efficient and widespread manner. In addition, the automotive sector has a reputation for constant technical progress. New and innovation plastic components are frequently needed to achieve these advances. According to the Society of Indian Automobile Manufacturers, between April 2021 and March 2022, an automobile industry production amounted to 2,59,31,867 vehicles comprising passenger car, commercial vehicle, three wheelers, two wheelers or quadricycles as compared with 2,30,40,066 units during that period.

Challenges

  • Environmental Concerns Associated - With regard to its environmental impact, the plastic industry is under increased scrutiny. Sustainability and pollution concerns have arisen as a result of the use of plastics and the disposal of plastic waste. In order to deal with these concerns, plastics injection molding machine manufacturers should adopt the principles of sustainability, use environmentally preferable materials and promote recycling initiatives.
  • High Maintenance cost included is poised to hinder the market growth in the projected period
  • Technical complexities associated are expected to hinder the market growth in the upcoming period.

Plastic Injection Molding Machine Market: Key Insights

Base Year

2023

Forecast Year

2024 – 2036

CAGR

4.20%

Base Year Market Size

USD 10.74 billion

Forecast Year Market Size

USD 18.19 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Plastic Injection Molding Machine Segmentation

Machine Type (Hydraulic, Electric, Hybrid)

In terms of machine type, hydraulic segment in the plastic injection molding machine market is set to cross USD 9.74 billion by the end of 2036. Since the demand for medium-sized molded parts from industries like automotive, packaging, and consumer goods has grown, hydraulic plastic injection molding machines have become increasingly popular. These machines are well-suited to producing medium-sized plastic components because of their high clamping forces. Historically, the most common type of injection molding machine has been a hydraulic machine, which uses hydraulic systems to generate the necessary pressure for the injection process.

Application (Automotive, Consumer Goods, Packaging, Electronics)

The automotive segment in the plastic injection molding machine market is anticipated to surpass USD 6.81 billion during the anticipated time period. The automobile industry's growing need for injection molding equipment is partly due to the increasing use of plastic components in cars due to its cost-effectiveness, lightweight, and flexible design. Furthermore, the need for plastic injection molded parts—which are utilized in EV components like battery housings, connections, and interior components—is increasing as more people switch to electric cars. The growing need for injection molding machines in the automobile sector is further fueled by this trend. In just three years, the percentage of electric vehicles in overall sales has more than quadrupled, rising from 4% in 2020 to 14% in 2022.

Our in-depth analysis of the global market includes the following segments:

          Machine Type

  • Hydraulic
  • Electric
  • Hybrid

          Application

  • Automotive
  • Consumer Goods
  •  Packaging
  • Electronics

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Plastic Injection Molding Machine Industry - Regional Synopsis

Asia Pacific Excluding Japan Market Forecasts

The market in the Asia Pacific excluding Japan region is poised to reach USD 10.65 billion by the end of 2036. The Asia Pacific is home to some of the most important growth countries, such as China and India. Because of this, the region has enormous potential for growth in a number of sectors. The Asia Pacific region is home to around 61.0% of the world's population, and manufacturing and processing industries are expanding quickly. The Asia Pacific region is the world's largest market for injection moulding machines, with China accounting for the highest growth prospects. Rising disposable income and increasing living standards in developing Asia Pacific countries are the key drivers of this sector.

North American Market Statistics

The plastic injection molding machine market in the North American region is set to reach USD 2.44 billion during the forecast period. The growth of the packaging industry in this region is expected to be positively influenced by growing demand for on-the-go packaged products, due to increased purchasing power and a busy lifestyle in North America. For the production of different packaging products including containers, bottles, caps & closures and cases, a plastic injection molding machine shall be used. The market growth is expected to be driven by the growing demand for packaging products in this region, coupled with increasing use of plastic injection molders.

Research Nester
Plastic Injection Molding Machine Market Regional
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Companies Dominating the Plastic Injection Molding Machine Landscape

top-features-companies
    • Haitian International
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Sumitomo Heavy Industries, Ltd
    • The Japan Steel Works, LTD
    • Chen Hsong Holdings Limited
    •  ENGEL
    • ARBURG GmbH + Co KG
    • NISSEI PLASTIC INDUSTRIAL CO., LTD.
    • L K Machinery India Pvt. Ltd.
    • TOYO MACHINERY & METAL CO.,LTD
    • APSX LLC

In the News

  • Haiti International officially launched its state of the art production facility at Mexico on June 23rd, 2023. In order to meet the requirements of customers in North and South America, a strategic goal is to increase domestic production capacity, shorten delivery times as well as deliver more suitable solutions.
  • ENGEL and two injection moulding machines supplied to the United States of America have jointly established a new record for April 2023. They are the biggest machines ever built at St. Valentin's factory in Austria, with a clamping capacity of 8,000 tonnes each. At Infiltrator Water Technologies in Winchester, Kentucky, there were two ENSEL duo 130000/130000H/8200 combi US machines installed.

Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 6007
  • Published Date: Apr 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand in healthcare sector and integration in automotive industry are some of the major factors anticipated to drive the growth of the plastic injection molding machine market.

The market is anticipated to attain a CAGR of ~4.20% over the forecast period, i.e., 2024 – 2036.

The major players in the market are of ENGEL, ARBURG GmbH + Co KG, NISSEI PLASTIC INDUSTRIAL CO., LTD., L K Machinery India Pvt. Ltd., TOYO MACHINERY & METAL CO.,LTD, APSX LLC, and others.

The automotive segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Asia Pacific excluding Japan is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Plastic Injection Molding Machine Market Report Scope
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