Increasing global demand from the packaging, medical, and electronics and automotive industry would drive market growth

U.S. plastic injection molding machine Market Size – USD 9.2 Billion in 2020, Growth – at a CAGR of 3.1% Trends – Increasing use of injection molding in production of plastic parts

The global U.S. plastic injection molding machine market size is expected to reach USD 11.73 Billion in 2028 registering a CAGR of 3.1% over the forecast period, according to a latest report by Reports and Data. Major factor driving market revenue growth are increasing U.S. plastic injection molding machine demand from the packaging, medical, and electronics sectors along with the rising need for replacements in the automotive industry.

By pumping molten materials into a mold, an injection molding machine creates pieces. Injection molding is an important part of the plastic processing industry since it is a good way to mass produce complex shapes. Metals (also known as die-casting), glasses, elastomers, and confections are the most widely utilized materials, with thermoplastic and thermosetting polymers being the most common. An injection molding machine can produce a wide range of product sizes, from the smallest component to the full car body. Furthermore, injection molding is the most widely used modern way of producing plastic parts.

Get a sample of the report https://www.reportsanddata.com/download-free-sample/44

Top Companies: Ferromatik Milacron India, Toshiba, Windsor, Electronica, Engel, JH-Welltec Machines, Tederic, Arburg GmbH Co., Haitian International Holdings Limited, Chen Hsong Holdings Limited, Sumitomo, Milacron Holdings Corp., Nissei Plastic Industrial Co. Limited, and Husky Injection Molding Systems Ltd.  

Further Key Finding from the Report Suggestion:

• During the projected period, electric machines will be the fastest growing machine type for plastics injection molding machines.
• Over the forecast period, the automotive sector is expected to be the largest end-use industry for plastics injection molding machines.
• In terms of both value and volume, APAC is predicted to be the largest plastics injection molding machine market during the forecast period.
• During the projected period, Europe is expected to be the second-largest market for plastics injection molding machines.

Market Overview:

Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.

Download Summary: https://www.reportsanddata.com/download-summary-form/44

The global Plastics Injection Molding Machine market is segmented into:

Type Outlook (Revenue, USD Million; 2018 – 2028)

• Hydraulic
• Electric
• Hybrid

End Use Outlook (Revenue, USD Million; 2018 – 2028)

• Automotive
• Medical
• Food Beverage
• Consumer Goods
• Electronics Telecom
• Others

Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

Request a customization of the report https://www.reportsanddata.com/request-customization-form/44

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

Browse More Reports:

High-Performance Alloys Market https://www.reportsanddata.com/report-detail/high-performance-alloys-market

Monopropylene Glycol Market https://www.reportsanddata.com/report-detail/monopropylene-glycol-market

Photocatalyst Market https://www.reportsanddata.com/report-detail/photocatalyst-market

Low Profile Additives Market https://www.reportsanddata.com/report-detail/low-profile-additives-market

Hexamethylenediamine Market https://www.reportsanddata.com/report-detail/hexamethylenediamine-market

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkedIn | Twitter | Blogs | Insights

Read the innovative blog at https://www.reportsanddata.com/blogs

Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports