A silicone injection molding machine is a mechanical equipment specifically used for producing silicone products. The silicone injection molding machine is fully computer-controlled, with precise measurement and uniform mixing. It adopts a static mixer for static pressure injection, equipped with hydraulic or pneumatic nozzles, manifold plates, injection material pipes, etc., making cleaning convenient and simple, reducing labor and material waste.
At present, the mainstream product types in the silicone injection molding machine market include two categories: horizontal and vertical. Among them, horizontal silicone injection molding machines are relatively more widely used. According to our research data, the market size of horizontal silicone injection molding machines in Europe is expected to reach $81 million in 2023, with an estimated market share of 53.29%; The market size of vertical silicone injection molding machines may reach $71 million, with an estimated market share of 46.71%
From the perspective of downstream applications, silicone injection molding machines are widely used in medical devices, automotive components, aerospace, and other fields. According to our estimated data, the market size of silicone injection molding machines in the automotive component segment may reach $20 million in 2023, accounting for 13.16% of the market share.
Europe Silicone Injection Molding Market Size and Share Forecast by Type and Application in 2023
|
|
Market Size (M USD) |
Market Share |
|
Segmented by Type |
||
|
Horizontal |
81 |
53.29% |
|
Vertical |
71 |
46.71% |
|
Segmented by Application |
||
|
Medical Devices |
0.12 |
7.89% |
|
Aerospace |
0.17 |
11.18% |
|
Automotive Components |
0.20 |
13.16% |
|
Others |
1.03 |
67.76% |
Source: www.globalmarketmonitor.com
Based on our prediction, the market size of silicone injection molding machines in Europe is expected to reach $152 million in 2023. With the continuous development and progress of technology and the continuous growth of downstream demand, the European silicone injection molding machine market will continue to steadily grow. It is expected that its market size will increase to $176 million by 2025.
From the perspective of market competition, the concentration of the silicone injection molding machine market in Europe is relatively high. Data shows that in 2020, the total revenue share of the silicone injection molding machine market of the top 3 enterprises in the industry was 41.93%, while the total revenue share of the top 6 enterprises was 54.49%. The top three companies in the rankings were Engel, Sumitomo (SHI) Demag, and NISSEI Plastic. In 2020, the three companies accounted for 19.29%, 11.88%, and 10.76% of the global market revenue in the silicone injection molding machine market, respectively.
Europe Silicone Injection Molding Market Size Forecast and Competitive Pattern Analysis
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