The PIMM (Plastic Injection Moulding Machine) Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global PIMM market is expected to reach US$10.87 billion in 2024, at a CAGR of 2.60%, for the duration spanning 2020-2024.
The factor such as growing production of motor vehicles, rising demand for plastic packaging, increase in polyethylene (PE) production capacity, rapid urbanization, accelerating manufacturing of electrical and electronic products and growing uses of plastic in medical industry would drive the growth of the market. However, the market growth would be challenged by environmental concerns associated with plastic emission, problem of moulding micro sized plastic parts and high initial cost. A few notable trends may include, emergence of recycled plastics, growth in digital printing, growth in industrial automation and implementation of reinforced plastics.
The global PIMM market holds a very lucrative growth opportunity for the coming years, owing to the high adoption rates of injection moulding technologies in several end-use industries. Packaging industries around the world contribute to the high demand for injection mounding machines as a wide range of plastic shapes are used for packaging different classes of items. Injection moulding machines are highly used for thermoplastic and thermosetting materials in order to develop desired packaging shapes on a large scale, which is contributing to the growth of the PIMM market globally.
The fastest growing market is China, due to the presence of key players, who contributed to the development and introduction of advanced injection moulding technologies in the market. Further, the sudden outbreak of the COVID-19 pandemic, is leveraging the importance of plastic products in order to avoid the novel virus from transmission. The use of plastic is something that is allowed in various countries in view of the prevailing situation, which is providing a growth opportunity for the global PIMM market during the forecasted period.
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Top Leading Companies of Global PIMM (Plastic Injection Moulding Machine) Market are Sumitomo Corporation, Shibaura Machine, Hillenbrand, Haitian International Holdings Limited and Arburg and others.
Scope of the report:
The report provides a comprehensive analysis of the global PIMM (plastic injection moulding machine) market.
The major regional markets (China, Europe, Japan, North America, Southeast Asia, India and ROW) have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Sumitomo Corporation, Shibaura Machine, Hillenbrand, Haitian International Holdings Limited and Arburg) are also presented in detail.
Key Target Audience:
Raw Material Suppliers
Target Audience (Automotive, Construction, Packaging, etc.)
Government Bodies & Regulating Authorities
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Highlights of the PIMM (Plastic Injection Moulding Machine) Market Report:
– Detailed overview of PIMM (Plastic Injection Moulding Machine) Market
– Changing the PIMM (Plastic Injection Moulding Machine) market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected PIMM (Plastic Injection Moulding Machine) market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of PIMM (Plastic Injection Moulding Machine) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2021 and forecasts until 2024 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the PIMM (Plastic Injection Moulding Machine) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. PIMM (Plastic Injection Moulding Machine) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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