U.S. Injection Molding Machine Market by Product Type (Plastic, Rubber, Metal, Ceramic, and Others), by Machine Type (Hydraulic, All-electric, and Hybrid), by Clamping Force (Below 200 Tons, 200–500 Tons, and Above 500 Tons), by Business Type (New Sales and Aftersales), by End-User (Automotive, Packaging, Electronics, Healthcare, Consumer Goods, Toy Making, Building and Construction, Home Appliances, and Others) –Opportunity Analysis and Industry Forecast, 2024–2030

Market Definition

The U.S. Injection Moulding Machine Market size was valued at USD 2.47 billion in 2023, and is predicted to reach USD 3.40 billion by 2030, with a CAGR of 4.3% from 2024 to 2030. An injection molding machine, also referred to as an injection molder, is a sophisticated industrial apparatus designed for the precise and controlled injection of molten plastic material into a mold cavity. It melts the plastic resin and forces it into a mold under high pressure. Injection molding machines are essential tools for producing various plastic parts and products across various sectors, including automotive, consumer goods, electronics, medical devices, and others.

Robust Manufacturing Landscape Boosts Injection Molding Market in the U.S.

The injection molding machine market in the U.S. holds a significant position, reflecting the country's robust manufacturing landscape and innovation-driven industries. U.S. is a prominent player in the global injection molding machine market, utilizing this technology for various applications across sectors such as automotive, consumer goods, packaging, and electronics. The packaging sector has a remarkable share in the U.S. to cope up with the sustainability regulatory guidelines such as increased shelf life for food products, increased durability, and improved sealing to prevent contamination. Weight solutions continue to be a concern for the packaging industry. Thus, a push for thickness reduction and the use of injection compression molding (ICM) methods are increasing in the country.

Increasing Investment in Tech and Innovation Healthcare Sector Fuels Injection Molding Market Growth

An increased investment in tech and innovation in the medical field, encouraging innovations for medical devices and components. There is also a rising interest in adopting biodegradable resins for medical device manufacturing, which is predicted to create profitable opportunities. Moreover, the auto industry is one of the most important industries in the United States. Due to the industry’s consumption of products from many other manufacturing sectors, it is a major driver of the 11.5% manufacturing contribution to GDP. There is a strong shift towards replacing metal components with plastics to make production more cost-efficient. This is expected to push demand for injection molding services in the U.S. over the next few years.

Emergence of Alternative Manufacturing Technologies Hinders the Market Growth

Emergence of alternative manufacturing technologies, such as 3D printing and additive manufacturing also restrains growth of the injection molding machines market. These innovative methods offer unique advantages that are drawing attention away from conventional injection molding. Industries that prioritize customization, rapid prototyping, and waste reduction are increasingly turning to 3D printing and additive manufacturing. This diversion of demand impacts the injection molding machines market, particularly in sectors where these alternatives better suit the production requirements. As a result, injection molding machine manufacturers face the challenge of adapting to changing market dynamics and finding ways to remain competitive, as manufacturing technologies continue to evolve.

Customized Products from Diverse Industries Offer a Prime Opportunity for Growth and Innovation

A significant factor expected to create substantial market opportunities for injection molding machines in the future is rise in demand for customization and personalized products. This trend is becoming evident across various industries, ranging from consumer goods to electronics. Injection molding machines are at the forefront of catering to this trend. Machines that possess the ability to quickly switch between different molds and efficiently produce small batches play a pivotal role in enabling manufacturers to respond to this demand for customization. These machines empower manufacturers to produce items that are tailor-made to suit specific requirements and preferences. Whether it's creating custom-designed consumer goods or producing electronics with unique features, injection molding machines equipped for such versatility are crucial for fulfilling consumers’ demand.

Competitive Landscape

The U.S. injection moulding machine industry includes several market players such as Hillenbrand, Inc., Sumitomo Heavy Industries, The Japan Steel Works, NISSEI, Ube Industries, Ltd., ENGEL, ARBURG, Haitian International, Husky Injection Molding Systems, and KraussMaffei Group.

U.S. Injection Moulding Machine Market Key Segments

By Product Type    

• Plastic

  • Thermoplastics

  • Thermosets

• Rubber

• Metal 

  • Powder

  • Liquid

• Ceramic

• Others

By Machine Type

• Hydraulic

• All-electric

• Hybrid 

By Clamping Force

• Below 200 Tons

• 200–500 Tons

• Above 500 Tons

By Business Type

• New Sales

• Aftersales

By End-User

• Automotive

  • Interior

  • Trim

  • Exterior

  • Others

• Packaging

  • Caps and Closures

  • Thin-wall Containers

  • Lids

  • Personal Care

  • Containers

  • PET Preforms

  • Others

• Electronics

• Healthcare

• Consumer Goods

• Toy Making

• Building and Construction

  • Flooring

  • Windows

  • Doors

  • Others

• Home Appliances

• Others

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