• As of 2023, the global Plastic Injection Molding Machines market was valued at approximately US$ 9,507.3 million. The market is projected to grow at a CAGR of 2.2%, reaching US$ 11,100 million by 2030. This steady growth is attributed to increasing industrial automation, technological advancements, and the rising demand for plastic components across multiple industries.
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• Plastic Injection Molding Machines are industrial equipment used to manufacture plastic products by injecting molten material into a mold. These machines play a crucial role in various industries such as automotive, medical, consumer goods, electronics, and packaging, offering cost-effective, efficient, and high-volume production solutions.
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