In addition to increasing demand from the healthcare industry, rapid industrialization in developing countries, and increasing demand for plastic molds in electric vehicles will all drive the market, Using technology to improve the efficiency of medical injection molding.
According to a new report from market research firm Markets and Markets, the injection molding machine market is expected to reach US$12.3 billion by 2025, growing at a compound annual growth rate (CAGR) of 3.6% from US$10.3 billion in 2020.
“The market is ...
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