Global market for injection molding machines 2016-2021

24 June 2016

According to a report by MarketsandMarkets (M&M), the global injection molding machine market is projected to reach USD 4.86 Billion by 2021, registering a CAGR of 2.2% between 2016 and 2021. The market is driven by the rapid growth of the automotive and packaging industries in the Asia-Pacific region. Plastic is the most preferred product type of injection molding machine and accounts for a major share in the global injection molding machine market. The dominance of the plastic segment is expected to continue between 2016 and 2021 due to its increasing demand from the end-use industries such as automotive, consumer goods, and packaging (Press Release M&M, 1 June 2016).
Click here for the press release.
Click here for more information about the report.

If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.