The Global Compression Moulding Machine Market Size is projected to grow at a CAGR of 7.4% during the forecast period, to account for USD 2.2 billion by 2028 from USD 1.6 billion in 2021. The growth of this market can be attributed to increasing demand in various end-use industries such as aviation, automotive, and others owing to their extensive applications in the manufacturing process; increased awareness among manufacturers about benefits offered by these machines such as high production efficiency, low maintenance cost, and reduced labour requirement are some factors driving the growth of this market.
A compression moulding machine is a type of machinery that performs compression in order to transform the raw material into the desired shape. The process involves putting the material between two heated platens and compressing it with enough force so as to create pressure on both sides, which causes it to deform. This method can be used for fabricating various types of plastics such as polypropylene, high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), etc., thermoplastics like ABS, nylon 12/12; thermosets like acrylonitrile butadiene styrene, or even metals such as magnesium alloys. It can also be used to form non-metallic materials, for example, waxes and polyester resins.
On the basis of Types, the market is segmented into Column type, Flat Type, and Other.
A column-type compression moulding machine has a cylindrical or rectangular metal frame onto which the lower die is attached. The upper die and its associated ram are fixed to this frame so that they extend horizontally out from it, perpendicular to the axis of rotation of the cylinder on which it operates.
Column-type compressors use overhead cranes for loading and unloading workpieces. They have a relatively high speed as compared with other types of machines but require large floor space because their dies descend below ground level when in operation.
A flat-type compression moulding machine is a version of the process which has been adapted for use in plastics, such as PVC and styrene. The material to be processed is heated up at one end and compressed between two dies on either side. Flat-type compression machines are designed specifically for processing thin sheets of plastic materials that require only limited thickness modification or where there’s no need to form part-to-part features.
On the basis of Application, the market is segmented into Aviation Industry, Vehicle Manufacturing, and Other.
Compression Moulding Machines are widely used in the aviation industry, as they can make a better quality of moulds than other types. For example, it is not uncommon for compression moulding machines to be used on aircraft seats and parts that require long production cycles with high quantities.
The Compression Moulding Machine is a popular machine in the Vehicle Manufacturing Industry. The main purpose of this equipment is to manufacture parts for vehicles including but not limited to car bodies, bumpers, and fenders by filling them with materials such as polyurethane or steel sheets which can be either heated up before applying pressure or cooled down after it has been moulded. This type of equipment also offers great benefits when used in other applications such as manufacturing plastic panels on buses or aeroplane fuselages since it does not require an oven like any other standard methods.
On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. North America dominates the global market due to strong demand for this equipment in the automotive industry from major players such as General Motors Company (GM) or BMW AG who have successfully made their bases here.
The growth of the global compression moulding machine market is driven by a number of factors such as high demand for lightweight and hollow plastic products; growing preference towards energy-efficient equipment, increasing adoption rate in emerging markets. In addition to these, other significant drivers include rising demand for low carbon footprint production processes due to environmental concerns and continuous evolution in technology with time. Other growth factors are competitive pricing; high demand for cost-effective and flexible solutions, increasing adoption rate of continuous processing equipment in developing countries.
Up Market Research published a new report titled “Compression Moulding Machine Market research report which is segmented by Types (Column Type, Flat Type, Other), By Applications (Aviation Industry, Vehicle Manufacturing, Other), By Players/Companies Macrodyne, French Oil, Beckwood, PAN STONE, Wabash MPI, Sumitomo (SHI) Demag, Hydromech Automation, Ace Automation, Freeman Schwabe, Sacmi”.
Report Attributes | Report Details |
Report Title | Compression Moulding Machine Market Research Report |
By Type | Column Type, Flat Type, Other |
By Application | Aviation Industry, Vehicle Manufacturing, Other |
By Companies | Macrodyne, French Oil, Beckwood, PAN STONE, Wabash MPI, Sumitomo (SHI) Demag, Hydromech Automation, Ace Automation, Freeman Schwabe, Sacmi |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 246 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Column Type, Flat Type, Other and By Application Aviation Industry, Vehicle Manufacturing, Other.
Some of the companies that are profiled in this report are:
Compression Moulding Machine Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Compression Moulding Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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