Injection molding machines perform the injection molding process, which is generally used to manufacture plastic parts; however, they can also be employed to manufacture products or parts made of various other materials apart from plastic. The injection molding process can be employed to manufacture a wide variety of parts or products, which might vary greatly in their structures, dimensions, and end-use applications. The injection molding machine melts the material to be injected into the shaping mold, where the molten material cools off and solidifies, taking the shape of the desired component.

In terms of input material, the injection molding machine market can be segmented into rubber, metal, plastic, and ceramics. The rubber injection molding machine uses rubber as its raw material and injects liquid rubber into the molds for the solidification process. The molded rubber component then undergoes a vulcanization process using a rubber processing machine. The metal segment comprises the metal injection molding machine, which utilizes a mixture of metal powder and a binder as its feedstock. The metal component is then subjected to a variety of processes to remove the binder from it. The plastic segment consist of machines using plastics as their feedstock. The plastic segment is expected to dominate the market during the forecast period due to its properties such as chemical resistivity and flexibility. The ceramics segment generally contains plaster as its raw material for injecting into the mold and forming various structures.

In terms of injection machine, the injection molding machine market can be divided into electric, hydraulic, and hybrid machines. The electrical injection molding machines utilize electricity for all the process. The hydraulic injection molding machines segment is anticipated to hold a significant share in injection molding machine market by type of injection machine in the forecast period. This is due to their comparatively long service period, better performance, and reduced maintenance costs. Hybrid injection molding machines utilize a combination of electrical and hydraulic drives for their operations. They have a combination of precision and speed of electrical machines and dynamics and power of hydraulic machines.

In terms of end-user application area, the injection molding machine market can be classified into automobiles, packaging, consumer goods, and others. The automotive end-user segment is likely to lead the injection molding machine market during the forecast period due to increasing demand for automobiles globally, along with requirement for lightweight components in automobiles. Currently, packaging is used more for its product differentiation feature apart from its normal functionality. The packaging industry requires quality products with cost-effective and efficient production. This objective can be easily met by injection molding machines, which find their application in the industry. Consumer goods is another segment where injection molding machines find a variety of applications. The others segment includes end-user segments employing injection molding machines for producing a variety of products required in industries such as electrical & electronics and healthcare.

In terms of region, the injection molding machine market can be segmented into North America, Europe, Middle East & Africa, Latin America, and Asia Pacific. Asia Pacific region is predicted to hold a prominent share in the injection molding machine market. The market in Asia Pacific is also estimated to expand considerably during the forecast period due to increasing demand for end-use applications in emerging countries, such as India and China, of the region.

Major companies operating in the global injection molding machine market are Arburg GmbH & Co. KG, Milacron Holdings Corp., Sumitomo Heavy Industries, Negri Bossi S.P.A., Dongshin Hydraulic Co., Ltd., Haitian International Holdings, Japan Steel Works Ltd., Husky Injection Molding Systems, Engel Austria, and Asian Plastic Machinery Co., Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Injection Molding Machine Market

Pre Book