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Metal Molds Market for plastic injection molding anticipated to exceed $5.5 billion by 2027, Says Global Market Insights Inc.


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SELBYVILLE, Del., Jan. 21, 2021 /PRNewswire/ Based on Global Market Insights Inc., report, the global Metal Molds Market for plastic injection molding size was estimated at $4.16 billion in 2020 and is slated to surpass
$5.5 billion by 2027, registering a
CAGR of 3.5% from 2021 to 2027. The report provides a comprehensive analysis of the top winning strategies, wavering industry trends, drivers & opportunities, top investment avenues, competitive scenarios, market estimations & size.
Global Market Insights Inc.
Growing demand for packaging products from the pharmaceutical, food & beverage, and beauty and personal care industry will positively influence the metal molds market revenue generation.
There are primarily two types of steel to choose from for plastic injection molding namely hardened steel and pre-hardened steel. The most used hardened tool steel is S-7, H-13, and 420 stainless steel. While pre-hardened ....

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