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Looking to the future: regional analysis of the global injection molding machine market in 2025

TIME:2021-03-24 Share

From the analysis of the global injection molding machine market in 2025, the market value of injection molding machines in the United States will record a compound growth rate of 1.1% in the next few years. Based on its demand for lightweight and complex automotive components, the United States has become one of the largest consumer markets for injection molding machines.

In the next few years, the market value of injection molding machines in Germany will record US$2.23 billion. The main market drivers include well-developed infrastructure and technology, research and development projects, and high-tech labor.

China is the largest consumer market for injection molding machines in the Asia-Pacific region, and is expected to reach a market value of US$3.71 billion in 2025. China has the largest population in the world, coupled with the rapid rise of the automotive and electronics industries, so that it occupies the largest market share.

Injection Molding Machine Market analysis
The report pointed out that the world's major injection molding machine manufacturers include Shanghai Lisong, Chen Hsong Group, Engel, Arburg, Milacron, German Demag injection molding machines, Haitian International, Husky, and Terry. (In no particular order) These companies optimize business growth by introducing a large number of business expansion strategies. Some major injection molding machine manufacturers are striving to open up emerging markets and gradually expand their influence in emerging economies, such as India, Brazil, Mexico, Saudi Arabia and the UAE. In addition, many companies are increasing R&D investment and continue to launch new products.

Take a look at the performance of some injection molding machine manufacturers in recent years:
1. Engel: 2017/18 fiscal year turnover reached 1.51 billion euros, an increase of 11% year-on-year. As of the end of March 2017/18, the ENGEL Group’s fiscal year turnover achieved 1.51 billion euros, an increase of 11% over the previous year. Judging from the distribution of global turnover of 1.51 billion euros, there is a slight change compared to the previous fiscal year. The Americas increased by 2% to 26%. Europe is still the largest market, accounting for 53%; the Asian market accounts for 20%.

2. Arburg: sales volume of 698 million euros in 2022, export share of approximately 70%
In 2017, the Group's sales volume was 698 million Euros, with an export share of approximately 70%. In 2016, the Group's sales were 636 million Euros. In 2015, the Group's sales were 596 million Euros. Arburg stated that the automotive industry is the largest market served by Arburg, with sales accounting for approximately 30% of the total. The development of electric vehicles has brought greater opportunities for machinery manufacturers.

3. Milacron: sales of 946.8 million US dollars in the first three quarters, a year-on-year increase of 4.1%
According to current market conditions, Milacron expects sales to increase by 2% in 2022, including a 1% foreign exchange subsidy. Adjusted EBITDA is expected to be between 229 million and 231 million US dollars. Free cash flow is estimated to be between 80 million and 90 million US dollars. As of the third quarter of 2018, sales were 948 million U.S. dollars, compared with 999.3 million U.S. dollars in the same period last year, an increase of 4.1% year-on-year (2.2% at constant exchange rates). Both China and India achieved double-digit sales growth.

Other injection molding machine manufacturers will not introduce them in detail. For more relevant data, please pay attention to the official website of Shanghai Lisong Machinery:http://lisongmachine.com/

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