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The global injection molding machine market size was valued at USD 13,961.8 million in 2017. The growth of the market is assisted by the accelerated demand by the packaging industry, as injection molding machines offer a versatile and simplified process for plastic molding. Packaging has become a significant factor for achieving product differentiation, and companies have to comply with specific requirements. Plastic molding offers enhanced customization and cost effective advantages, which has positively affected the demand for injection molding machine in the packaging industry.
Injection molding is manufacturing process which enables production of plastic products in a large quantities. Injection molding machines are used for mass production which requires a similar part to be created thousand or even millions of times in succession. The plastic injection molding machine market is gaining tremendously from the increasing popularity of plastic molding as it is an extremely fast and the most efficient form of molding, as compared to the other processes. The injection molding machine are primarily classified by the type of driving systems used by them. This includes hydraulic, electrical and hybrid type machine. The primary variable determining the increasing demand for injection molding machines is its ability to scale production in large volumes. Once the initial costs are paid, the price per unit of injection molded machines is extremely, thereby enabling cost efficient manufacturing processes.
High output rates of the injection molding machines makes it an efficient and cost-efficient option to the plastic manufacturers. The short period between cycles in the machines, allow greater quantity of molds to be produced in a limited amount of time, and hence increasing the possible revenue and profit margins. With the help of injection molding machines handling of complex parts becomes simple and uniform, and millions of identical parts can be produced. These machines typically work with a self-gating, automatic tool to keep operations streamlined and production ongoing. This requires minimal supervision which cuts the labour costs in manufacturing a product.
The process of injection molding consists of four primary stages: plasticization, injection, cooling and ejection. In order to achieve cost effectiveness, the cycle time needs to be cut short , and in order to achieve this, rapid heating and cooling systems through the application of conformal cooling/heating channels and variotherm technology is used. To ensure precise process monitoring and control, the integration of artificial intelligence into the machines has been introduced. Fanuc, a manufacturer of the injection molding machines introduced new Roboshot Si-B machines with artificial intelligence that enables quick electric injection acceleration and 0.1msec control precision in 2013. The new AI Ejector Protection and an enhanced AI Mold Protection was developed to reduce tool damage costs. Thus, the ingenious technological product addition is also driving the momentum of the injection molding machine industry.
The injection molding machine market share, by application was dominated by the packaging segment due to the strength and flexibility plastic molded packaging offers. The product manufacturing companies resort to customized packaging to achieve product differentiation through colours and designs that are associated to their brand. The advances in plastic polymers over the years have led to the availability of a large selection of resins to choose from. The injection molding machines facilitate efficient and cost-effective manufacturing of plastic products. Packaging markets for injection molding machine is expected to grow owing to the rising demand for injection molded plastics, driven by opportunities in manufacture of industrial shipping pails, caps and closures, totes and crates. The consumer market growth is expected to increase the need for inexpensive, convenient, lightweight and unbreakable housewares and personal care products such as storage containers and razors, thereby contributing to the growth of the injection molding machine market.
On the basis of geography, Asia Pacific dominated the market assisted by the tremendous demand from the consumer goods packaging industry. The increasing income of this region has led to the growth of the automotive region. Injection molding machines manufacture highly complicated parts with uniform and precise measurements which is an absolute necessity for the automobile industry. Thus, the accentuated demand for injection molded plastics in the packaging and automotive industry, especially in the China automobile sector, is propelling the market in this region.
Key segments of the global injection molded machine market
By Product Type, 2013 – 2025 (Production, Consumption, Revenue)
By Application, 2013 – 2025 (Production, Consumption, Revenue)
By Regional, 2013 – 2025 (Production, Consumption, Revenue)
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the injection molding machine industry. The report will benefit:
The global injection molding machine market size was valued at USD 13,961.8 million in 2017. The growth of the market is assisted by the accelerated demand by the packaging industry, as injection molding machines offer a versatile and simplified process for plastic molding. Packaging has become a significant factor for achieving product differentiation, and companies have to comply with specific requirements. Plastic molding offers enhanced customization and cost effective advantages, which has positively affected the demand for injection molding machine in the packaging industry.
Injection molding is manufacturing process which enables production of plastic products in a large quantities. Injection molding machines are used for mass production which requires a similar part to be created thousand or even millions of times in succession. The plastic injection molding machine market is gaining tremendously from the increasing popularity of plastic molding as it is an extremely fast and the most efficient form of molding, as compared to the other processes. The injection molding machine are primarily classified by the type of driving systems used by them. This includes hydraulic, electrical and hybrid type machine. The primary variable determining the increasing demand for injection molding machines is its ability to scale production in large volumes. Once the initial costs are paid, the price per unit of injection molded machines is extremely, thereby enabling cost efficient manufacturing processes.
High output rates of the injection molding machines makes it an efficient and cost-efficient option to the plastic manufacturers. The short period between cycles in the machines, allow greater quantity of molds to be produced in a limited amount of time, and hence increasing the possible revenue and profit margins. With the help of injection molding machines handling of complex parts becomes simple and uniform, and millions of identical parts can be produced. These machines typically work with a self-gating, automatic tool to keep operations streamlined and production ongoing. This requires minimal supervision which cuts the labour costs in manufacturing a product.
The process of injection molding consists of four primary stages: plasticization, injection, cooling and ejection. In order to achieve cost effectiveness, the cycle time needs to be cut short , and in order to achieve this, rapid heating and cooling systems through the application of conformal cooling/heating channels and variotherm technology is used. To ensure precise process monitoring and control, the integration of artificial intelligence into the machines has been introduced. Fanuc, a manufacturer of the injection molding machines introduced new Roboshot Si-B machines with artificial intelligence that enables quick electric injection acceleration and 0.1msec control precision in 2013. The new AI Ejector Protection and an enhanced AI Mold Protection was developed to reduce tool damage costs. Thus, the ingenious technological product addition is also driving the momentum of the injection molding machine industry.
The injection molding machine market share, by application was dominated by the packaging segment due to the strength and flexibility plastic molded packaging offers. The product manufacturing companies resort to customized packaging to achieve product differentiation through colours and designs that are associated to their brand. The advances in plastic polymers over the years have led to the availability of a large selection of resins to choose from. The injection molding machines facilitate efficient and cost-effective manufacturing of plastic products. Packaging markets for injection molding machine is expected to grow owing to the rising demand for injection molded plastics, driven by opportunities in manufacture of industrial shipping pails, caps and closures, totes and crates. The consumer market growth is expected to increase the need for inexpensive, convenient, lightweight and unbreakable housewares and personal care products such as storage containers and razors, thereby contributing to the growth of the injection molding machine market.
On the basis of geography, Asia Pacific dominated the market assisted by the tremendous demand from the consumer goods packaging industry. The increasing income of this region has led to the growth of the automotive region. Injection molding machines manufacture highly complicated parts with uniform and precise measurements which is an absolute necessity for the automobile industry. Thus, the accentuated demand for injection molded plastics in the packaging and automotive industry, especially in the China automobile sector, is propelling the market in this region.
Key segments of the global injection molded machine market
By Product Type, 2013 – 2025 (Production, Consumption, Revenue)
By Application, 2013 – 2025 (Production, Consumption, Revenue)
By Regional, 2013 – 2025 (Production, Consumption, Revenue)
Reasons for the study
What does the report include?
Who should buy this report?
This study is suitable for industry participants and stakeholders in the injection molding machine industry. The report will benefit:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Injection Molding Machines Market Overview, By Product Type
5. Injection Molding Machines Market Overview, By Application
6. Injection Molding Machines Market Overview, By RegionGlobal injection molding machines market share, by region, 2017 & 2025North America
7. Industry Structure
8. Company ProfilesGuangdong Yizumi Precision Machinery Co., Ltd.