Global Injection Molding Machine market to grow at a CAGR of 7.43% uptil 2018

28-Jul-14

The global injection molding machine market will grow at a CAGR of 7.43% uptil 2018, as per Research and Markets. Injection molding machines are used in the production of various plastic products. Material is injected into the mold by an injection molding process. Injection molding of thermosetting plastics and thermoplastics is performed using these machines.These machines are mainly used in the Packaging, Automobile, and Medical Equipment industries. They are also used for applications in the Electrical/Electronics and Construction industries. The Global Injection Molding Machine market can be divided into four end-user segments: Automobile Industry, Packaging Industry, Healthcare Industry, and others.