Global Injection Moulding Machine Market Report and Forecast 2022-2027
August 23, 2022
Expert Market Research
193
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Global Injection Moulding Machine Market Report and Forecast 2022-2027
Abstract
Global Injection Moulding Machine Market Report and Forecast 2022-2027
Market Outlook According to the report by Expert Market Research (EMR), the global injection moulding machine market attained a value of about USD 14.88 billion in 2021. Aided by the growing automotive industry, the market is projected to further grow at a CAGR of 3.4% between 2022 and 2027, to reach a value of USD 18.61 billion by 2027. Injection moulding is known as a production method that permits parts to be manufactured in huge volumes. It functions by using a mould into which molten materials are injected. It is usually employed as a mass manufacturing procedure to produce thousands of identical items. Materials used for injection moulding include glasses, metals, confections, and elastomers, even though it is most frequently applied with thermosetting and thermoplastic polymers. Machines for injection moulding come in different types, including servo motor powered motorised machines, hydraulic motor powered hydraulic machines, and hybrid machines that are powered by a combination of servo and hydraulic motors. The structure of an injection moulding machine comprises of an injection unit that transports the desired materials in molten form into the mould, and a clamping unit for operating the mould. There is increasing demand from the healthcare industry coupled with rapid industrialisation in emerging economies like India and Thailand and surging demand for plastic moulds in electric vehicles. This is expected to bolster the market demand for injection moulding machines. The global injection moulding machine market is expected to witness growth over the coming years due to the growing adoption of injection moulded components in various industries such as electronics, automotive, packaging, and consumer products. The increasing adoption of CNC in injection moulding machines is further providing growth to the popularity of models that allow high-speed injection under programmed control. Several specialised machines, like models that form light guide plates that are used for LCD monitors, are also employed. This is further expected to propel the market growth of injection moulding machines during the forecast period. Moreover, the surging demand for the development of floor space among several industries has forced to the growth of renovation projects and new construction.
Market Segmentation The global injection moulding machine market can be divided on the basis of type, machine type, clamping force, sales, end-uses, and region. Based on type, the industry can be divided into: •Plastic •Rubber •Metal •Ceramic •Others On the basis of machine type, the industry can be categorised into: •Hydraulic •Hybrid •All-Electric Based on clamping force, the market can be divided into: •0–200 Ton-Force •201–500 Ton-Force •Above 500 Ton-Force The sales of the injection moulding machine market can be divided into: •New Sales •Aftermarket On the basis of end-use, the market is segmented into: •Automotive •Packaging •Consumer Goods •Healthcare •Electrical and Electronics •Others Market Breakup by Region •North America •Latin America •Asia Pacific •Europe •Middle East and Africa
Competitive Landscape The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global injection moulding machine market. Some of the major key players explored in the report by Expert Market Research are as follows: •Haitian International Holdings Limited •ENGEL AUSTRIA GmbH •Sumitomo Heavy Industries Limited •Japan Steel Works, Ltd. •Chen Hsong Holdings Limited •Nissei Plastic Industrial Co., Ltd •Other *We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Content
Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Market Snapshot 6.1 Global 6.2 Regional 7 Opportunities and Challenges in the Market 8 Global Injection Moulding Machine Market Analysis 8.1 Key Industry Highlights 8.2 Global Injection Moulding Machine Historical Market (2017-2021) 8.3 Global Injection Moulding Machine Market Forecast (2022-2027) 8.4 Global Injection Moulding Machine Market by Type 8.4.1 Plastic 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2017-2021) 8.4.1.3 Forecast Trend (2022-2027) 8.4.2 Rubber 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2017-2021) 8.4.2.3 Forecast Trend (2022-2027) 8.4.3 Metal 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2017-2021) 8.4.3.3 Forecast Trend (2022-2027) 8.4.4 Ceramic 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2017-2021) 8.4.4.3 Forecast Trend (2022-2027) 8.4.5 Others 8.5 Global Injection Moulding Machine Market by Machine Type 8.5.1 Hydraulic 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2017-2021) 8.5.1.3 Forecast Trend (2022-2027) 8.5.2 Hybrid 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2017-2021) 8.5.2.3 Forecast Trend (2022-2027) 8.5.3 All-Electric 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2017-2021) 8.5.3.3 Forecast Trend (2022-2027) 8.6 Global Injection Moulding Machine Market by Clamping Force 8.6.1 0–200 Ton-Force 8.6.1.1 Market Share 8.6.1.2 Historical Trend (2017-2021) 8.6.1.3 Forecast Trend (2022-2027) 8.6.2 201–500 Ton-Force 8.6.2.1 Market Share 8.6.2.2 Historical Trend (2017-2021) 8.6.2.3 Forecast Trend (2022-2027) 8.6.3 Above 500 Ton-Force 8.6.3.1 Market Share 8.6.3.2 Historical Trend (2017-2021) 8.6.3.3 Forecast Trend (2022-2027) 8.7 Global Injection Moulding Machine Market by Sales 8.7.1 New Sales 8.7.1.1 Market Share 8.7.1.2 Historical Trend (2017-2021) 8.7.1.3 Forecast Trend (2022-2027) 8.7.2 Aftermarket 8.7.2.1 Market Share 8.7.2.2 Historical Trend (2017-2021) 8.7.2.3 Forecast Trend (2022-2027) 8.8 Global Injection Moulding Machine Market by End Use 8.8.1 Automotive 8.8.1.1 Market Share 8.8.1.2 Historical Trend (2017-2021) 8.8.1.3 Forecast Trend (2022-2027) 8.8.2 Consumer Goods 8.8.2.1 Market Share 8.8.2.2 Historical Trend (2017-2021) 8.8.2.3 Forecast Trend (2022-2027) 8.8.3 Packaging 8.8.3.1 Market Share 8.8.3.2 Historical Trend (2017-2021) 8.8.3.3 Forecast Trend (2022-2027) 8.8.4 Electrical and Electronics 8.8.4.1 Market Share 8.8.4.2 Historical Trend (2017-2021) 8.8.4.3 Forecast Trend (2022-2027) 8.8.5 Healthcare 8.8.5.1 Market Share 8.8.5.2 Historical Trend (2017-2021) 8.8.5.3 Forecast Trend (2022-2027) 8.8.6 Others 8.9 Global Injection Moulding Machine Market by Region 8.9.1 North America 8.9.1.1 Market Share 8.9.1.2 Historical Trend (2017-2021) 8.9.1.3 Forecast Trend (2022-2027) 8.9.2 Europe 8.9.2.1 Market Share 8.9.2.2 Historical Trend (2017-2021) 8.9.2.3 Forecast Trend (2022-2027) 8.9.3 Asia Pacific 8.9.3.1 Market Share 8.9.3.2 Historical Trend (2017-2021) 8.9.3.3 Forecast Trend (2022-2027) 8.9.4 Latin America 8.9.4.1 Market Share 8.9.4.2 Historical Trend (2017-2021) 8.9.4.3 Forecast Trend (2022-2027) 8.9.5 Middle East and Africa 8.9.5.1 Market Share 8.9.5.2 Historical Trend (2017-2021) 8.9.5.3 Forecast Trend (2022-2027) 9 North America Injection Moulding Machine Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2017-2021) 9.1.3 Forecast Trend (2022-2027) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2017-2021) 9.2.3 Forecast Trend (2022-2027) 10 Europe Injection Moulding Machine Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2017-2021) 10.1.3 Forecast Trend (2022-2027) 10.2 Germany 10.2.1 Market Share 10.2.2 Historical Trend (2017-2021) 10.2.3 Forecast Trend (2022-2027) 10.3 France 10.3.1 Market Share 10.3.2 Historical Trend (2017-2021) 10.3.3 Forecast Trend (2022-2027) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2017-2021) 10.4.3 Forecast Trend (2022-2027) 10.5 Others 11 Asia Pacific Injection Moulding Machine Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2017-2021) 11.1.3 Forecast Trend (2022-2027) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2017-2021) 11.2.3 Forecast Trend (2022-2027) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2017-2021) 11.3.3 Forecast Trend (2022-2027) 11.4 ASEAN 11.4.1 Market Share 11.4.2 Historical Trend (2017-2021) 11.4.3 Forecast Trend (2022-2027) 11.5 Australia 11.5.1 Market Share 11.5.2 Historical Trend (2017-2021) 11.5.3 Forecast Trend (2022-2027) 11.6 Others 12 Latin America Injection Moulding Machine Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2017-2021) 12.1.3 Forecast Trend (2022-2027) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2017-2021) 12.2.3 Forecast Trend (2022-2027) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2017-2021) 12.3.3 Forecast Trend (2022-2027) 12.4 Others 13 Middle East and Africa Injection Moulding Machine Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2017-2021) 13.1.3 Forecast Trend (2022-2027) 13.2 United Arab Emirates 13.2.1 Market Share 13.2.2 Historical Trend (2017-2021) 13.2.3 Forecast Trend (2022-2027) 13.3 Nigeria 13.3.1 Market Share 13.3.2 Historical Trend (2017-2021) 13.3.3 Forecast Trend (2022-2027) 13.4 South Africa 13.4.1 Market Share 13.4.2 Historical Trend (2017-2021) 13.4.3 Forecast Trend (2022-2027) 13.5 Turkey 13.5.1 Market Share 13.5.2 Historical Trend (2017-2021) 13.5.3 Forecast Trend (2022-2027) 13.6 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 14.3 Key Indicators for Demand 14.4 Key Indicators for Price 15 Value Chain Analysis 16 Competitive Landscape 16.1 Market Structure 16.2 Company Profiles 16.2.1 Japan Steel Works, Ltd. 16.2.1.1 Company Overview 16.2.1.2 Product Portfolio 16.2.1.3 Demographic Reach and Achievements 16.2.1.4 Certifications 16.2.2 Chen Hsong Holdings Limited 16.2.2.1 Company Overview 16.2.2.2 Product Portfolio 16.2.2.3 Demographic Reach and Achievements 16.2.2.4 Certifications 16.2.3 Nissei Plastic Industrial Co., Ltd. 16.2.3.1 Company Overview 16.2.3.2 Product Portfolio 16.2.3.3 Demographic Reach and Achievements 16.2.3.4 Certifications 16.2.4 Haitian International Holdings Limited 16.2.4.1 Company Overview 16.2.4.2 Product Portfolio 16.2.4.3 Demographic Reach and Achievements 16.2.4.4 Certifications 16.2.5 ENGEL AUSTRIA GmbH 16.2.5.1 Company Overview 16.2.5.2 Product Portfolio 16.2.5.3 Demographic Reach and Achievements 16.2.5.4 Certifications 16.2.6 Sumitomo Heavy Industries, Ltd 16.2.6.1 Company Overview 16.2.6.2 Product Portfolio 16.2.6.3 Demographic Reach and Achievements 16.2.6.4 Certifications 16.2.7 Others 17 Key Trends and Developments in the Market
Global Injection Moulding Machine Market Report and Forecast 2022-2027
Market Outlook According to the report by Expert Market Research (EMR), the global injection moulding machine market attained a value of about USD 14.88 billion in 2021. Aided by the growing automotive industry, the market is projected to further grow at a CAGR of 3.4% between 2022 and 2027, to reach a value of USD 18.61 billion by 2027. Injection moulding is known as a production method that permits parts to be manufactured in huge volumes. It functions by using a mould into which molten materials are injected. It is usually employed as a mass manufacturing procedure to produce thousands of identical items. Materials used for injection moulding include glasses, metals, confections, and elastomers, even though it is most frequently applied with thermosetting and thermoplastic polymers. Machines for injection moulding come in different types, including servo motor powered motorised machines, hydraulic motor powered hydraulic machines, and hybrid machines that are powered by a combination of servo and hydraulic motors. The structure of an injection moulding machine comprises of an injection unit that transports the desired materials in molten form into the mould, and a clamping unit for operating the mould. There is increasing demand from the healthcare industry coupled with rapid industrialisation in emerging economies like India and Thailand and surging demand for plastic moulds in electric vehicles. This is expected to bolster the market demand for injection moulding machines. The global injection moulding machine market is expected to witness growth over the coming years due to the growing adoption of injection moulded components in various industries such as electronics, automotive, packaging, and consumer products. The increasing adoption of CNC in injection moulding machines is further providing growth to the popularity of models that allow high-speed injection under programmed control. Several specialised machines, like models that form light guide plates that are used for LCD monitors, are also employed. This is further expected to propel the market growth of injection moulding machines during the forecast period. Moreover, the surging demand for the development of floor space among several industries has forced to the growth of renovation projects and new construction.
Market Segmentation The global injection moulding machine market can be divided on the basis of type, machine type, clamping force, sales, end-uses, and region. Based on type, the industry can be divided into: •Plastic •Rubber •Metal •Ceramic •Others On the basis of machine type, the industry can be categorised into: •Hydraulic •Hybrid •All-Electric Based on clamping force, the market can be divided into: •0–200 Ton-Force •201–500 Ton-Force •Above 500 Ton-Force The sales of the injection moulding machine market can be divided into: •New Sales •Aftermarket On the basis of end-use, the market is segmented into: •Automotive •Packaging •Consumer Goods •Healthcare •Electrical and Electronics •Others Market Breakup by Region •North America •Latin America •Asia Pacific •Europe •Middle East and Africa
Competitive Landscape The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global injection moulding machine market. Some of the major key players explored in the report by Expert Market Research are as follows: •Haitian International Holdings Limited •ENGEL AUSTRIA GmbH •Sumitomo Heavy Industries Limited •Japan Steel Works, Ltd. •Chen Hsong Holdings Limited •Nissei Plastic Industrial Co., Ltd •Other *We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface 2 Report Coverage – Key Segmentation and Scope 3 Report Description 3.1 Market Definition and Outlook 3.2 Properties and Applications 3.3 Market Analysis 3.4 Key Players 4 Key Assumptions 5 Executive Summary 5.1 Overview 5.2 Key Drivers 5.3 Key Developments 5.4 Competitive Structure 5.5 Key Industrial Trends 6 Market Snapshot 6.1 Global 6.2 Regional 7 Opportunities and Challenges in the Market 8 Global Injection Moulding Machine Market Analysis 8.1 Key Industry Highlights 8.2 Global Injection Moulding Machine Historical Market (2017-2021) 8.3 Global Injection Moulding Machine Market Forecast (2022-2027) 8.4 Global Injection Moulding Machine Market by Type 8.4.1 Plastic 8.4.1.1 Market Share 8.4.1.2 Historical Trend (2017-2021) 8.4.1.3 Forecast Trend (2022-2027) 8.4.2 Rubber 8.4.2.1 Market Share 8.4.2.2 Historical Trend (2017-2021) 8.4.2.3 Forecast Trend (2022-2027) 8.4.3 Metal 8.4.3.1 Market Share 8.4.3.2 Historical Trend (2017-2021) 8.4.3.3 Forecast Trend (2022-2027) 8.4.4 Ceramic 8.4.4.1 Market Share 8.4.4.2 Historical Trend (2017-2021) 8.4.4.3 Forecast Trend (2022-2027) 8.4.5 Others 8.5 Global Injection Moulding Machine Market by Machine Type 8.5.1 Hydraulic 8.5.1.1 Market Share 8.5.1.2 Historical Trend (2017-2021) 8.5.1.3 Forecast Trend (2022-2027) 8.5.2 Hybrid 8.5.2.1 Market Share 8.5.2.2 Historical Trend (2017-2021) 8.5.2.3 Forecast Trend (2022-2027) 8.5.3 All-Electric 8.5.3.1 Market Share 8.5.3.2 Historical Trend (2017-2021) 8.5.3.3 Forecast Trend (2022-2027) 8.6 Global Injection Moulding Machine Market by Clamping Force 8.6.1 0–200 Ton-Force 8.6.1.1 Market Share 8.6.1.2 Historical Trend (2017-2021) 8.6.1.3 Forecast Trend (2022-2027) 8.6.2 201–500 Ton-Force 8.6.2.1 Market Share 8.6.2.2 Historical Trend (2017-2021) 8.6.2.3 Forecast Trend (2022-2027) 8.6.3 Above 500 Ton-Force 8.6.3.1 Market Share 8.6.3.2 Historical Trend (2017-2021) 8.6.3.3 Forecast Trend (2022-2027) 8.7 Global Injection Moulding Machine Market by Sales 8.7.1 New Sales 8.7.1.1 Market Share 8.7.1.2 Historical Trend (2017-2021) 8.7.1.3 Forecast Trend (2022-2027) 8.7.2 Aftermarket 8.7.2.1 Market Share 8.7.2.2 Historical Trend (2017-2021) 8.7.2.3 Forecast Trend (2022-2027) 8.8 Global Injection Moulding Machine Market by End Use 8.8.1 Automotive 8.8.1.1 Market Share 8.8.1.2 Historical Trend (2017-2021) 8.8.1.3 Forecast Trend (2022-2027) 8.8.2 Consumer Goods 8.8.2.1 Market Share 8.8.2.2 Historical Trend (2017-2021) 8.8.2.3 Forecast Trend (2022-2027) 8.8.3 Packaging 8.8.3.1 Market Share 8.8.3.2 Historical Trend (2017-2021) 8.8.3.3 Forecast Trend (2022-2027) 8.8.4 Electrical and Electronics 8.8.4.1 Market Share 8.8.4.2 Historical Trend (2017-2021) 8.8.4.3 Forecast Trend (2022-2027) 8.8.5 Healthcare 8.8.5.1 Market Share 8.8.5.2 Historical Trend (2017-2021) 8.8.5.3 Forecast Trend (2022-2027) 8.8.6 Others 8.9 Global Injection Moulding Machine Market by Region 8.9.1 North America 8.9.1.1 Market Share 8.9.1.2 Historical Trend (2017-2021) 8.9.1.3 Forecast Trend (2022-2027) 8.9.2 Europe 8.9.2.1 Market Share 8.9.2.2 Historical Trend (2017-2021) 8.9.2.3 Forecast Trend (2022-2027) 8.9.3 Asia Pacific 8.9.3.1 Market Share 8.9.3.2 Historical Trend (2017-2021) 8.9.3.3 Forecast Trend (2022-2027) 8.9.4 Latin America 8.9.4.1 Market Share 8.9.4.2 Historical Trend (2017-2021) 8.9.4.3 Forecast Trend (2022-2027) 8.9.5 Middle East and Africa 8.9.5.1 Market Share 8.9.5.2 Historical Trend (2017-2021) 8.9.5.3 Forecast Trend (2022-2027) 9 North America Injection Moulding Machine Market Analysis 9.1 United States of America 9.1.1 Market Share 9.1.2 Historical Trend (2017-2021) 9.1.3 Forecast Trend (2022-2027) 9.2 Canada 9.2.1 Market Share 9.2.2 Historical Trend (2017-2021) 9.2.3 Forecast Trend (2022-2027) 10 Europe Injection Moulding Machine Market Analysis 10.1 United Kingdom 10.1.1 Market Share 10.1.2 Historical Trend (2017-2021) 10.1.3 Forecast Trend (2022-2027) 10.2 Germany 10.2.1 Market Share 10.2.2 Historical Trend (2017-2021) 10.2.3 Forecast Trend (2022-2027) 10.3 France 10.3.1 Market Share 10.3.2 Historical Trend (2017-2021) 10.3.3 Forecast Trend (2022-2027) 10.4 Italy 10.4.1 Market Share 10.4.2 Historical Trend (2017-2021) 10.4.3 Forecast Trend (2022-2027) 10.5 Others 11 Asia Pacific Injection Moulding Machine Market Analysis 11.1 China 11.1.1 Market Share 11.1.2 Historical Trend (2017-2021) 11.1.3 Forecast Trend (2022-2027) 11.2 Japan 11.2.1 Market Share 11.2.2 Historical Trend (2017-2021) 11.2.3 Forecast Trend (2022-2027) 11.3 India 11.3.1 Market Share 11.3.2 Historical Trend (2017-2021) 11.3.3 Forecast Trend (2022-2027) 11.4 ASEAN 11.4.1 Market Share 11.4.2 Historical Trend (2017-2021) 11.4.3 Forecast Trend (2022-2027) 11.5 Australia 11.5.1 Market Share 11.5.2 Historical Trend (2017-2021) 11.5.3 Forecast Trend (2022-2027) 11.6 Others 12 Latin America Injection Moulding Machine Market Analysis 12.1 Brazil 12.1.1 Market Share 12.1.2 Historical Trend (2017-2021) 12.1.3 Forecast Trend (2022-2027) 12.2 Argentina 12.2.1 Market Share 12.2.2 Historical Trend (2017-2021) 12.2.3 Forecast Trend (2022-2027) 12.3 Mexico 12.3.1 Market Share 12.3.2 Historical Trend (2017-2021) 12.3.3 Forecast Trend (2022-2027) 12.4 Others 13 Middle East and Africa Injection Moulding Machine Market Analysis 13.1 Saudi Arabia 13.1.1 Market Share 13.1.2 Historical Trend (2017-2021) 13.1.3 Forecast Trend (2022-2027) 13.2 United Arab Emirates 13.2.1 Market Share 13.2.2 Historical Trend (2017-2021) 13.2.3 Forecast Trend (2022-2027) 13.3 Nigeria 13.3.1 Market Share 13.3.2 Historical Trend (2017-2021) 13.3.3 Forecast Trend (2022-2027) 13.4 South Africa 13.4.1 Market Share 13.4.2 Historical Trend (2017-2021) 13.4.3 Forecast Trend (2022-2027) 13.5 Turkey 13.5.1 Market Share 13.5.2 Historical Trend (2017-2021) 13.5.3 Forecast Trend (2022-2027) 13.6 Others 14 Market Dynamics 14.1 SWOT Analysis 14.1.1 Strengths 14.1.2 Weaknesses 14.1.3 Opportunities 14.1.4 Threats 14.2 Porter’s Five Forces Analysis 14.2.1 Supplier’s Power 14.2.2 Buyer’s Power 14.2.3 Threat of New Entrants 14.2.4 Degree of Rivalry 14.2.5 Threat of Substitutes 14.3 Key Indicators for Demand 14.4 Key Indicators for Price 15 Value Chain Analysis 16 Competitive Landscape 16.1 Market Structure 16.2 Company Profiles 16.2.1 Japan Steel Works, Ltd. 16.2.1.1 Company Overview 16.2.1.2 Product Portfolio 16.2.1.3 Demographic Reach and Achievements 16.2.1.4 Certifications 16.2.2 Chen Hsong Holdings Limited 16.2.2.1 Company Overview 16.2.2.2 Product Portfolio 16.2.2.3 Demographic Reach and Achievements 16.2.2.4 Certifications 16.2.3 Nissei Plastic Industrial Co., Ltd. 16.2.3.1 Company Overview 16.2.3.2 Product Portfolio 16.2.3.3 Demographic Reach and Achievements 16.2.3.4 Certifications 16.2.4 Haitian International Holdings Limited 16.2.4.1 Company Overview 16.2.4.2 Product Portfolio 16.2.4.3 Demographic Reach and Achievements 16.2.4.4 Certifications 16.2.5 ENGEL AUSTRIA GmbH 16.2.5.1 Company Overview 16.2.5.2 Product Portfolio 16.2.5.3 Demographic Reach and Achievements 16.2.5.4 Certifications 16.2.6 Sumitomo Heavy Industries, Ltd 16.2.6.1 Company Overview 16.2.6.2 Product Portfolio 16.2.6.3 Demographic Reach and Achievements 16.2.6.4 Certifications 16.2.7 Others 17 Key Trends and Developments in the Market