Press Release
Press Release
The injection moulding process facilitates the production of diverse parts with varying structures, sizes, and applications by melting the material and shaping it into the desired object within a mould, which, in turn, contributes to the injection moulding machine market demand. Injection moulding machines play a crucial role in producing various items, including shipment containers and PET bottles, for packaging, protection, and handling purposes. This versatile process ensures consistent results and efficient cycle times for packaging components. The current trend in the packaging market, emphasising reduced wall thickness, necessitates lower clamping and injection pressures compared to traditional injection moulding methods. These machines are not limited to plastic components and can be employed for manufacturing items from various materials.\
The Asia Pacific region is at the forefront of the global injection moulding machine market, driven by the burgeoning automotive sector. Injection moulding machines find extensive use in manufacturing various automotive components, contributing to the increased demand in the region. Notably, China, India, Indonesia, and Japan are witnessing a surge in automobile demand, particularly with China emerging as a global leader in automotive development. In addition, injection moulding plays a vital role in the electronics industry, producing precision components for smartphones, tablets, laptops, connectors, and sensors. The packaging sector is experiencing substantial growth in the U.S., China, and India, fuelled by increasing purchasing power and a growing demand for on-the-go packaged products.
In November 2023, Milacron (NYSE:MCRN_old) and FANUC collaborated to deliver top-tier all-electric injection moulding solutions. The Fanuc Roboshot, a product of their long-standing partnership, boasts the most available injection unit sizes on a single frame in the industry. Combining state-of-the-art CNC precision technology with injection moulding, the machine achieves exceptional acceleration, precision, short cycle times, and produces consistently high-quality parts.
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The major players in the injection moulding machine market globally are Japan Steel Works, Ltd., Chen Hsong Holdings Limited, Nissei Plastic Industrial Co., Ltd., Haitian International Holdings Limited, ENGEL AUSTRIA GmbH, and Sumitomo Heavy Industries, Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Machine Type |
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Breakup by Clamping Force |
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Breakup by Sales |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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