Global Injection Molding Machine Market Industry Forecast by 2027
An injection molding machine consists of a heated barrel equipped with a reciprocating screw (driven by a hydraulic or electric motor) which feeds the molten polymer into a temperature-controlled split mold via a channel system of gates and runners. The screw melts (plasticizes) the polymer and acts as a ram during the injection phase. An injection molding machine is used for manufacturing products...
Injection Molding Machine Market – Revenue Pockets
The Injection Molding Machine Market is projected to reach USD 12.3 billion by 2025, at a CAGR of 3.6% from USD 10.3 billion in 2020. An injection molding machine is used for manufacturing products made up of plastics, rubber, metal, and ceramic. It consists of two main parts – an injection unit and a clamping unit. The injection unit is like an extruder, whereas the clamping unit is concerned...
Injection Molding Machine Market and its key opportunities and challenges
The Injection Molding Machine Market was valued at USD 16.72 billion in 2017 and is projected to reach USD 19.68 billion by 2023, at a CAGR of 2.9% during the forecast period, as per a report by MarketsandMarkets.
How growing demand from the healthcare industry is an opportunity?
The demand for injection molding machines is growing significantly in the healthcare industry, which is mainly...