The Global Industrial Mold Market Report by The Business Research Company covers industrial mold market drivers and restraints, industrial mold market size, major players, and the impact of COVID-19 on the industrial mold market.

The industrial mold market consists of sales of industrial molds by entities (organizations, sole traders or partnerships) that produce industrial molds for casting metals or forming other materials such as plastics, glass, or rubber. The industrial mold market is segmented into metal molds and other material molds.

Conformal cooling design are increasingly being used by manufacturing companies in the 3D-printed molds as it provides better cooling to the molded products. The global industrial mold market is expected to grow from $26.21 billion in 2020 to $27.91 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $38.62 billion in 2025 at a CAGR of 8%.

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Some industrial mold market trends include conformal cooling design. Conformal cooling design are increasingly being used by manufacturing companies in the 3D-printed molds as it provides better cooling to the molded products. Conformal provides better cooling molds with complicated geometric design and overcome issues like uneven cooling adds warp, intricate curves, thin walls, and tight tolerances. Mold manufacturing companies provide inbuilt conformal cooling design in their 3D-printed molds that reduces energy consumption and cooling cycle time from 15-60%.

Global industrial mold market segments include:

1) By Type: Metal Molds, Other Material Molds.

2) By Application: Manufacturing, Automotive, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global industrial mold market share.

Read More On The Industrial Mold Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
https://www.thebusinessresearchcompany.com/report/industrial-mold-global-market-report-2020-30-covid-19-impact-and-recovery

The Industrial Mold Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides industrial mold market overviews, analyzes and forecasts market size, share, industrial mold market players, industrial mold market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The industrial mold market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Industrial Mold Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Amada, TRUMPF, DMTG, DMG Mori, U.S. Industrial Machinery
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Industrial Mold Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Industrial Mold Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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