Plastics Injection Molding Market by Machine Type, Clamping Force (0-200 Tons, 201-500 Tons, Over 500 Tons), Application

Description

List of Tables

[180 Pages Report] The Plastics Injection Molding Market size was estimated at USD 9.56 billion in 2023 and expected to reach USD 10.05 billion in 2024, at a CAGR 5.36% to reach USD 13.78 billion by 2030.

The plastics injection molding process involves injecting molten plastic materials into a mold, where it cools and solidifies into the desired shape and size. Caters to a vast array of applications and end-use industries such as consumer goods, automotive, electronics, medical, packaging, and construction. The versatility in shape and material properties has made injection molding a preferred method for producing parts ranging from simple household items to complex automotive components. Plastic injection molding caters to a vast array of applications and end-use industries such as automotive, consumer goods, electronics, medical, packaging, and construction. Boosting demand from various industries such as packaging, healthcare, and electrical & electronics sectors and Innovations in machinery & materials are driving the adoption of plastics injection molding. However, high initial and maintenance costs of machines and changes in the costs of raw materials affect the growth of the market. Furthermore, technological advancements in molding machines optimize production efficiency. In addition, offering tailored solutions for specific customer requirements creates an opportunity for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 9.56 billion
Estimated Year [2024]	USD 10.05 billion
Forecast Year [2030]	USD 13.78 billion
CAGR (%)	5.36%

Machine Type: Growing usage of hydraulic machine for plastic injection molding

Fully-electric injection molding machines are known for their high accuracy, repeatability, and energy efficiency. These machines utilize electric servo motors for all operations, including injection, mold opening/closing, and ejection. The precision of electric drives ensures consistent product quality, making these machines ideal for intricate components where dimensional accuracy is paramount. Hybrid injection molding machines incorporate the benefits of both hydraulic and electric machine types. They use electric servo-motors for precise control of movements such as screw drive and injection while employing hydraulic systems for mold clamping and other processes which require high force. This blend allows hybrids to offer energy savings and reduced cycle times, similar to fully-electric machines while maintaining the robustness and powerful clamping force characteristic of hydraulic presses. Hydraulic injection molding machines have been the traditional workhorses of the plastic molding industry. They utilize hydraulic systems powered by one or more pumps to provide the force needed for all machine movements. Hydraulic machines are renowned for their ability to produce large volumes of products, offering high clamping forces that can accommodate large molds.

Clamping Force: Increasing preference for 201-500 tons clamping force to ensure proper molding and part structural integrity

The 0-200 tons encompasses injection molding machines with clamping forces suited for small to moderately sized parts such as precision components, mobile phone cases, and medical devices. The 201-500 tons represents a middle-ground, offering versatility and power. These machines produce medium-sized parts such as automotive components, household items, and consumer goods. Machines with over 500 tons of clamping force fall into the heavy-duty injection molding sector, capable of producing large and complex parts such as automotive bumpers, storage containers, and garden furniture. In comparison, 0-200 tons clamping force is required for short production runs to produce intricate parts, whereas 201-500 tons clamping force requires higher tonnage to ensure proper molding and part structural integrity.

Application: Significant role of plastic injection molding in the automotive and transportation sector for manufacturing a wide range of components

In the automotive and transportation sector, plastic injection molding is crucial for manufacturing components such as dashboards, bumpers, door panels, and under-the-hood parts. For the building and construction industry, plastic injection molded parts are commonly used in items such as plumbing fixtures, valves, and electrical boxes. Consumer goods are another major application sector for plastics injection molding, encompassing products ranging from household items, toys, and sports equipment to beauty packaging. Plastic injection molding in the electronics industry is vital for producing enclosures, components, and peripherals for consumer electronics, computers, and telecommunication devices. In healthcare, plastic injection molding is used for various applications, including medical device housings, disposable lab consumables, and surgical instruments. Packaging relies on plastic injection molding to manufacture containers, caps, closures, and other packaging solutions. In comparison, plastic injection molding is widely used in the automotive and transportation sectors, emphasizing high-performance materials that withstand extreme temperatures and vibrations while providing cost-effectiveness and reducing overall vehicle weight for better fuel efficiency. Safety requirements also drive the demand for high-quality and durable plastic parts.

Regional Insights

In the Americas, with the United States and Canada dominating, the plastics injection molding industry is characterized by a focus on high-quality, technologically advanced solutions. Consumer needs here are driven by performance characteristics, brand reputation, and the adoption of green technologies. There is a substantial push for local production to decrease reliance on imports and improve supply chain resiliency. In the EU, stringent regulations on material usage and environmental considerations influence customer purchasing behavior, with a high demand for sustainable and high-quality products. European countries offer significant potential due to rapid industrialization and rising consumer markets. The Middle East and Africa are witnessing growth through infrastructure development and increased industrial activities, albeit with different levels of technology adoption and local capabilities. The Asia Pacific region, especially China and India, remains a significant hub for the plastics injection molding industry due to its expanding manufacturing capabilities and local demand across multiple sectors, including automotive, consumer electronics, and packaging. Customer behavior in this region is driven by competitive pricing, product variety, and innovation. Countries are investing heavily in research and patented technologies to minimize environmental impact and cater to the growing demand for eco-friendly products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Plastics Injection Molding Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plastics Injection Molding Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Plastics Injection Molding Market, highlighting leading vendors and their innovative profiles. These include Arburg GmbH + Co KG, ATC Precision Components Pvt. Ltd., Borche North America Inc., Buffalo Manufacturing, Chen Hsong Holdings Limited, Chuan Lih Fa Machinery Works Co., Ltd., DKM Machinery Co., Ltd., Dongshin Hydraulics Co., Ltd., Electronica Plastic Machines Ltd., ENGEL AUSTRIA GmbH, Esemplast, Fu Chun Shin Machinery Manufacture Co., Ltd., Ghanshyam Engineering Company, Haitian International Holdings Limited, Hillenbrand, Inc., Huarong Group, Husky Technologies, KraussMaffei Group GmbH, Milacron LLC, Mitsubishi Heavy Industries Co. Ltd., Multiplas Enginery Co., Ltd., PulPac AB, Shenzhen OMK Electronics Co., Ltd., Shibaura Machine Co., Ltd, Sumitomo Heavy Industries Limited, Truemold Technology Private Limited, Visy Group, and Zeal 3d Printing.

Market Segmentation & Coverage

This research report categorizes the Plastics Injection Molding Market to forecast the revenues and analyze trends in each of the following sub-markets:

Machine Type
- Fully-Electric
- Hybrid
- Hydraulic

Clamping Force
- 0-200 Tons
- 201-500 Tons
- Over 500 Tons

Application
- Automotive & Transportation
- Building & Construction
- Consumer Goods
- Electronics
- Healthcare
- Packaging

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Plastics Injection Molding Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plastics Injection Molding Market?

3. What are the technology trends and regulatory frameworks in the Plastics Injection Molding Market?

4. What is the market share of the leading vendors in the Plastics Injection Molding Market?

5. Which modes and strategic moves are suitable for entering the Plastics Injection Molding Market?

Product Code: MRR-957C47F910FD

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for plastic injection molding in the packaging
  - 5.1.1.2. Exponential growth in medical device manufacturing
  - 5.1.1.3. Shift towards lightweight components in automotive and aerospace sectors
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuation in the costs of raw materials & high initial cost
- 5.1.3. Opportunities
  - 5.1.3.1. Technological innovations in machinery and materials
  - 5.1.3.2. Increased focus on recycling and using eco-friendly materials
- 5.1.4. Challenges
  - 5.1.4.1. Design and operational limitations associated with plastic injection molding
5.2. Market Segmentation Analysis
- 5.2.1. Machine Type: Growing usage of hydraulic machine for plastic injection molding
- 5.2.2. Clamping Force: Increasing preference for 201-500 tons clamping force to ensure proper molding and part structural integrity
- 5.2.3. Application: Significant role of plastic injection molding in the automotive and transportation sector for manufacturing a wide range of components
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Plastics Injection Molding Market, by Machine Type

6.1. Introduction
6.2. Fully-Electric
6.3. Hybrid
6.4. Hydraulic

7. Plastics Injection Molding Market, by Clamping Force

7.1. Introduction
7.2. 0-200 Tons
7.3. 201-500 Tons
7.4. Over 500 Tons

8. Plastics Injection Molding Market, by Application

8.1. Introduction
8.2. Automotive & Transportation
8.3. Building & Construction
8.4. Consumer Goods
8.5. Electronics
8.6. Healthcare
8.7. Packaging

9. Americas Plastics Injection Molding Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Plastics Injection Molding Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Plastics Injection Molding Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. PulPac launches the world's first injection molding machine for fiber-based products
- 12.3.2. Us-Based Milacron Ships Largest Injection Molding Machine of Its Kind in North America
- 12.3.3. DJmolding Introduced Custom Plastic Injection Molding Services for Domestic and International Clients
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio