Injection Molding Machine Market: Key Players, Covid-19 Impact, Trend Analysis and Growth

Injection molding machines perform the injection molding process, which is generally used to manufacture plastic parts; however, they can also be employed to manufacture products or parts made of various other materials apart from plastic. The injection molding process can be employed to manufacture a wide variety of parts or products, which might vary greatly in their structures, dimensions, and end-use applications. The injection molding machine melts the material to be injected into the shaping mold, where the molten material cools off and solidifies, taking the shape of the desired component.

In terms of input material, the injection molding machine market can be segmented into rubber, metal, plastic, and ceramics. The rubber injection molding machine uses rubber as its raw material and injects liquid rubber into the molds for the solidification process. The molded rubber component then undergoes a vulcanization process using a rubber processing machine. The metal segment comprises the metal injection molding machine, which utilizes a mixture of metal powder and a binder as its feedstock. The metal component is then subjected to a variety of processes to remove the binder from it. The plastic segment consist of machines using plastics as their feedstock. The plastic segment is expected to dominate the market during the forecast period due to its properties such as chemical resistivity and flexibility. The ceramics segment generally contains plaster as its raw material for injecting into the mold and forming various structures.

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In terms of injection machine, the injection molding machine market can be divided into electric, hydraulic, and hybrid machines. The electrical injection molding machines utilize electricity for all the process. The hydraulic injection molding machines segment is anticipated to hold a significant share in injection molding machine market by type of injection machine in the forecast period. This is due to their comparatively long service period, better performance, and reduced maintenance costs. Hybrid injection molding machines utilize a combination of electrical and hydraulic drives for their operations. They have a combination of precision and speed of electrical machines and dynamics and power of hydraulic machines.

In terms of end-user application area, the injection molding machine market can be classified into automobiles, packaging, consumer goods, and others. The automotive end-user segment is likely to lead the injection molding machine market during the forecast period due to increasing demand for automobiles globally, along with requirement for lightweight components in automobiles. Currently, packaging is used more for its product differentiation feature apart from its normal functionality. The packaging industry requires quality products with cost-effective and efficient production. This objective can be easily met by injection molding machines, which find their application in the industry. Consumer goods is another segment where injection molding machines find a variety of applications. The others segment includes end-user segments employing injection molding machines for producing a variety of products required in industries such as electrical & electronics and healthcare.

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In terms of region, the injection molding machine market can be segmented into North America, Europe, Middle East & Africa, Latin America, and Asia Pacific. Asia Pacific region is predicted to hold a prominent share in the injection molding machine market. The market in Asia Pacific is also estimated to expand considerably during the forecast period due to increasing demand for end-use applications in emerging countries, such as India and China, of the region.

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Major companies operating in the global injection molding machine market are Arburg GmbH & Co. KG, Milacron Holdings Corp., Sumitomo Heavy Industries, Negri Bossi S.P.A., Dongshin Hydraulic Co., Ltd., Haitian International Holdings, Japan Steel Works Ltd., Husky Injection Molding Systems, Engel Austria, and Asian Plastic Machinery Co., Ltd.

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Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

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