Injection Molding Machine Market Size, Share & Trends Report

Injection Molding Machine Market Size, Share & Trends Analysis Report By Materials (Plastic, Metal), By Technology (Hydraulic, Electric), By End Use (Automotive, Consumer Goods), And Segment Forecasts, 2018 - 2025

  • Published Date: Dec, 2018
  • Base Year for Estimate: 2017
  • Report ID: GVR-2-68038-652-3
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 123

Industry Insights

The global injection molding machine market size accounted for USD 17.05 billion in 2017 and is estimated to expand at a CAGR of 3.5% by 2025. Growing demand for lightweight and durable products coupled with increasing adoption from the automotive and packaging industries is likely to drive this growth over the forecast period.

The rising importance of lightweight materials in the automotive industry is expected to boost the use of plastic materials in automotive component manufacturing, which, in turn, will drive the market. Rapid growth in population, growing industrialization, along with technological advancements, have augmented the demand for automotive in emerging markets. It is used in applications such as interior and exterior trim components, electronic subassemblies, and under-hood applications.

U.S. injection molding machine market

Injection Molding Machines (IMM) can produce efficient packaging with high precision for fragile and complex products including electronics, and mobile phones among others. The growing demand for these products is expected to supplement the growth of the IMM market.

Manufacturers are focusing on developing equipment that reduces production and maintenance costs, provide production flexibility, and reduce wastage and production time. The introduction of new processes, such as gas-assisted, foam, co-injection, and multiple components is anticipated to create demand.

U.S. is among the leading countries in the injection molding machine market on account of its highly developed technology industries, advanced processing capabilities, combined with a highly skilled workforce and growing R&D initiatives. Growing applications and high competition is encouraging manufacturers to focus on technological advancements to meet consumer demand.

Technology Insights

Injection molding is among the most important processes for mass production of products from numerous materials, such as plastics, metals, elastomers, natural rubber, and ceramics. In this process, the raw material is heated to its melting point, it is then forced into a mold, and allowed to cool until it gets hardened. It is then used to extract the finished part. These equipment perform a wide range of mechanical movements including the high-speed movement of molds, along with the clamping unit, which requires a high amount of pressure to hold the mold. The hydraulic or electric power source is provided to drive these movements.

Based on materials, the IMM market is segmented into plastics and metals. Plastics emerged dominant in terms of revenue share and was valued at USD 12.99 billion in 2017. Plastic molded products have numerous applications in industries, such as electronics, healthcare, consumer goods, and packaging.

Product Insights

Injection molding machines are manufactured in numerous ways depending on the technology and operation in which they will be used. Based on technology, IMM is segmented into hydraulic, electric, and hybrid.

THE hydraulic IMM segment held the highest market share in 2017. These equipment are best suitable for applications requiring high clamping force to hold the mold at high pressure. They are mostly preferred in automobile, mining, and construction industries where large and heavy parts are manufactured.

Electric IMM is likely to gain momentum over the forecast period. These machines are digitally controlled by high-speed servo motors, have high precision, are faster, and highly energy efficient in operations. Additionally, they offer a wide variety of applications in electronics, consumer goods, and packaging industries. In terms of revenue, this segment is estimated to expand at the fastest CAGR of 5.7% from 2018 to 2025.

Hybrid machines combine the advantages of both hydraulic and electric molding. It allows high clamping force with high precision, productivity, and energy efficiency.

End-Use Insights

Based on end-use, the industry has been segmented into automotive, consumer goods, packaging, and electronics. The automotive and consumer goods are the major application segment. It held the highest market share, in terms of revenue, at 29.17% in 2017.

Global injection molding machine market

In 2017, consumer goods were valued at USD 3.50 billion. Rising application for manufacturing convenience goods, cosmetics products, houseware, and personal hygiene products is anticipated to bode well for segment growth shortly. In terms of revenue, electronics was valued at USD 2.79 billion in 2017 and is predicted to expand at a CAGR of 3.84% over the forecast period.

Regional Insights

The Asia Pacific is estimated to lead the global market over the forecast period. The region accounted for a 36.81% market share in terms of revenue, in 2017. China, India, and Taiwan are among the largest regional markets anticipated to influence the global IMM industry during the forecast period. Growing urban and rural populations, the rapid pace of urbanization, and foreign investments have propelled regional demand for automotive, consumer goods, and electronics industries.

Europe comprises major countries including Germany, France, Italy, Spain, Denmark, and Austria. Europe was the second-largest region in terms of revenue, with a 29.01% market share in 2017, owing to high demand from numerous end-user industries.

In the global IMM market, the U.S. is one of the major consumers. Being the largest consumer, most leading manufacturers export to the country. Demand from the import of machinery is majorly driven by the automotive industry, owing to inclination towards producing advanced and aesthetically improved products.

Injection Molding Machine Market Share Insights

Key market participants include Arburg GmbH & Co. KG, Engel Austria GmbH, Haitian International Holdings Limited, Chen Hsong Holdings Limited, Sumitomo (SHI) Demag Plastics Machinery GmbH, Milacron Holdings Corp., Nissei Plastic Industrial Co. Limited, and Husky Injection Molding Systems Ltd.

These companies focus on optimum business growth by introducing numerous business expansion strategies. Some of the major IMM manufacturers are exploring new markets and expanding their presence in emerging economies, such as India, Brazil, Mexico, Saudi Arabia, and the UAE. Many companies are investing heavily in R&D and continue to launch new products.

Report Scope



The base year for estimation


Actual/Historical data

2014 - 2016

Forecast period

2018 - 2025

Market representation

Revenue in USD Billion, and CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa

Country scope

U.S., Canada, Mexico, Germany, Italy, France, Spain, Denmark, Austria, Argentina, Brazil, China, India, Japan, South Korea, Taiwan, Saudi Arabia, and the UAE

Report coverage

Revenue forecast, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global injection molding machine market report based on material, technology, end-use, and region.

  • Material Outlook (Revenue, USD Billion, 2014 - 2025)

    • Plastic

    • Metal

  • Technology Outlook (Revenue, USD Billion, 2014 - 2025)

    • Hydraulic

    • Electric

    • Hybrid

  • End-Use Outlook (Revenue, USD Billion, 2014 - 2025)

    • Automotive

    • Consumer Goods

    • Packaging

    • Electronics

    • Others

  • Regional Outlook (Revenue, USD Billion, 2014 - 2025)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • Spain

      • Italy

      • Denmark

      • Austria

    • Asia Pacific

      • China

      • Japan

      • India

      • South Korea

      • Taiwan

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • UAE

      • Saudi Arabia

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