Thermosetting Injection Molding Machine Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 1.8 Billion by 2033, exhibiting a CAGR of 5% from 2026 to 2033.
The global Thermosetting Injection Molding Machine market was valued at approximately USD 2.3 billion in 2022, with an expected compound annual growth rate (CAGR) of 5.3% from 2023 to 2030. This growth is driven by the increasing demand for thermosetting plastics in industries such as automotive, electronics, and consumer goods, where high thermal stability and mechanical properties are required. In terms of regional analysis, North America dominates the market, accounting for over 35% of the global market share in 2022. The region’s advanced manufacturing capabilities, coupled with increasing demand from the automotive and electronics sectors, are key factors driving this dominance. Europe holds the second largest share, driven by strong manufacturing industries, with a market share of approximately 30%. Additionally, the Asia Pacific region is expected to experience the fastest growth rate during the forecast period, primarily due to rising industrialization, demand for electric vehicles, and growing manufacturing activities in countries such as China and India. The market for Thermosetting Injection Molding Machines in the Asia Pacific region was valued at around USD 680 million in 2022 and is projected to grow at a CAGR of 6.8% over the forecast period. The growing trend toward sustainability and recyclability in this region is contributing to increased adoption of thermosetting plastics. Latin America and the Middle East & Africa regions are anticipated to witness moderate growth, with Latin America holding a market share of approximately 10% in 2022. The demand in these regions is mainly influenced by ongoing industrial expansion and infrastructure development, which are expected to provide further opportunities for market growth in the coming years.
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Haitian International
ENGEL Holding GmbH
KraussMaffei
ARBURG GmbH
Fanuc
Husky
Milacron
Sumitomo Heavy Industries
Shibaura Machine
Nissei Plastic
JSW Plastics Machinery
Wittmann Battenfeld
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thermosetting Injection Molding Machine Market
Epoxy Resins
Phenolic Resins
Polyester Resins
Polyurethane Resins
Silicone Resins
Horizontal Injection Molding Machines
Vertical Injection Molding Machines
Multi-component Injection Molding Machines
Injection Blowing Machines
Micro Injection Molding Machines
Aerospace
Automotive
Electronics
Medical Devices
Consumer Goods
Small-sized Machines
Medium-sized Machines
Large-sized Machines
Customizable Size Machines
Original Equipment Manufacturers (OEMs)
Contract Manufacturers
Small and Medium Enterprises (SMEs)
Research and Development Institutions
Enhanced Service Providers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thermosetting Injection Molding Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thermosetting Injection Molding Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermosetting Injection Molding Machine Market, By Type
6. Global Thermosetting Injection Molding Machine Market, By Application
7. Global Thermosetting Injection Molding Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thermosetting Injection Molding Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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