Market Overview:
The Global Compression Molding Press Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for compression molded products in various end-use industries such as aerospace, automotive, industrial and others. In addition, the growing demand for lightweight and high-performance components in these industries is also fueling the growth of the global compression molding press market. Based on type, the electric heating system segment dominates the global compression molding press market and is expected to grow at a CAGR of 6% during 2018-2030. This can be attributed to its advantages such as energy efficiency and easy installation over other types of heating systems. Based on application, aerospace segment dominates the global compression molding press market with a share of more than 30%.
Product Definition:
A compression molding press is a machine that uses pressure to form objects out of a material. The importance of compression molding presses is that they can create high-quality objects with precise dimensions. This makes them ideal for manufacturing parts and products.
Electric Heating System:
An electric heating system is a device used to heat the molding compound or metal working fluid in order to create thermal pressure inside the mold. The compressed air forced into the mold cavity creates an intense pressure which drives the molten metal or plastic into shape.
Electric heating systems are more efficient and environment friendly as compared to gas based systems as they do not emit toxic gases.
Oil Heating System:
An oil heating system is a closed circuit, which includes an oil tank, a filler pipe and a safety valve. The system works on the simple principle of thermal energy transfer. It utilizes the property that when solid particles are suspended in liquid oils they will maintain their temperature without any change.
The heating systems market is driven by growing demand for these systems from end-user industries such as automotive and construction equipment manufacturing among others.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The rising demand for lightweight materials in automobiles, owing to stringent government regulations regarding vehicular weight, is expected to be a major factor driving the market. Compression molding presses are used as an integral part of tooling systems during various stages of vehicle manufacturing such as body-in-white & chassis construction and engine production.
Automotive applications include interior trim components, power trains, exterior body parts (roofs/fenders), lighting units and fuel tanks among others. Increasing sales of passenger cars & LCVs have resulted in a growing need for replacement or new vehicles which has further augmented industry demand over the recent past years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 35% in 2017 owing to high product demand from various application industries, especially automotive and industrial manufacturing. China is projected to remain an important market for global manufacturers due to low production costs coupled with large consumer base.
The North America regional market captured a significant revenue share in 2017 on account of rising product demand from aerospace industry as well as lab equipment manufacturing sector owing to increasing R&D activities by pharmaceutical companies across U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for plastic components in automobiles
- Technological advancements in compression molding presses
- Growing popularity of composite materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Compression Molding Press Market Research Report
By Type
Electric Heating System, Oil Heating System, Steam Heating System
By Application
Aerospace, Lab, Automotive, Industrial, Other
By Companies
Trinks, Savage, Grimco, Macrodyne, Beckwood, French, WICKERT, Accudyne, Barwell, Sacmi, Ouming, TungYu, Santec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Compression Molding Press Market Report Segments:
The global Compression Molding Press market is segmented on the basis of:
Types
Electric Heating System, Oil Heating System, Steam Heating System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Lab, Automotive, Industrial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trinks
- Savage
- Grimco
- Macrodyne
- Beckwood
- French
- WICKERT
- Accudyne
- Barwell
- Sacmi
- Ouming
- TungYu
- Santec
Highlights of The Compression Molding Press Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Heating System
- Oil Heating System
- Steam Heating System
- By Application:
- Aerospace
- Lab
- Automotive
- Industrial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compression Molding Press 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Compression molding press is a machine that is used to create plastic parts by pressing them between two metal dies. The die-to-die pressure is controlled so that the part can be formed into the desired shape.
Some of the major players in the compression molding press market are Trinks, Savage, Grimco, Macrodyne, Beckwood, French, WICKERT, Accudyne, Barwell, Sacmi, Ouming, TungYu, Santec.
The compression molding press market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compression Molding Press Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Compression Molding Press Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Compression Molding Press Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Compression Molding Press Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Compression Molding Press Market Size & Forecast, 2020-2028 4.5.1 Compression Molding Press Market Size and Y-o-Y Growth 4.5.2 Compression Molding Press Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electric Heating System
5.2.2 Oil Heating System
5.2.3 Steam Heating System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Lab
6.2.3 Automotive
6.2.4 Industrial
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compression Molding Press Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compression Molding Press Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electric Heating System
9.6.2 Oil Heating System
9.6.3 Steam Heating System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Lab
9.10.3 Automotive
9.10.4 Industrial
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electric Heating System
10.6.2 Oil Heating System
10.6.3 Steam Heating System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Lab
10.10.3 Automotive
10.10.4 Industrial
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electric Heating System
11.6.2 Oil Heating System
11.6.3 Steam Heating System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Lab
11.10.3 Automotive
11.10.4 Industrial
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electric Heating System
12.6.2 Oil Heating System
12.6.3 Steam Heating System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Lab
12.10.3 Automotive
12.10.4 Industrial
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electric Heating System
13.6.2 Oil Heating System
13.6.3 Steam Heating System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Lab
13.10.3 Automotive
13.10.4 Industrial
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compression Molding Press Market: Competitive Dashboard
14.2 Global Compression Molding Press Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trinks
14.3.2 Savage
14.3.3 Grimco
14.3.4 Macrodyne
14.3.5 Beckwood
14.3.6 French
14.3.7 WICKERT
14.3.8 Accudyne
14.3.9 Barwell
14.3.10 Sacmi
14.3.11 Ouming
14.3.12 TungYu
14.3.13 Santec