Industry and News Injection Molding Machine Market | Page 2

Market driving factors in the injection molding machine market include improved standard of living.
Also, the rise in demand for automotive equally stimulates automotive manufacturing parts which in
turn fuels the growth of injection molding machine market. Moreover, properties such as low
maintenance cost, low energy consumption, short production cycle, high accuracy contributes to
the growth of injection molding machine market in the estimated period.
Based on segmentation by product, the injection molding machine market includes plastics, rubber,
metal, powder, liquid and ceramic. Plastic segment is further segmented into thermoplastics and
thermosets. Based on segmentation by machine, the injection molding machine market includes
hydraulic injection molding machine, all-electric injection molding machine and hybrid injection
molding machine. Based on end-user segmentation, the injection molding machine market includes
consumer goods, automotive, packaging, healthcare, electrical and electronics, building &
construction and furniture industries.
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Geographically, injection molding machine market spans North America, Latin America, Europe,
Asia-Pacific, Middle-East and Africa. APAC market dominates the global market owing to rise in
industrialization and rise in number of passenger and commercial vehicles having offered massive
opportunities for various automotive verticals.
The key players in the injection molding market include Haitian International Holdings Limited, Chen
Hsong Holdings Limited, Sumitomo Heavy Industries, Milacron Holdings Corp., Engel Austria GmbH,
Nissei Plastic Industrial Co., Ltd, Arburg GmbH & Co. KG, Husky Injection Molding Systems Ltd.,
Dongshin Hydraulic Co., Ltd., The Japan Steel Works Ltd., KraussMaffei Group GmbH, and Negri
Bossi S.P.A.