Industrial Mold Global Market Report 202030: Covid 19 Impact And Recovery
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Industrial Mold Market Characteristics: • The global industrial mold market is expected to decline from $28.2 billion in 2019 to $27.6 billion in 2020 at a compound annual growth rate of -2.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a rate of 8% from 2021 and reach $34.3 billion in 2023. • Conformal cooling designs are increasingly being used by manufacturing companies in 3D-printed molds as they provide better cooling to the molded products. Conformal provides better cooling molds with complicated geometric design and overcomes issues like uneven cooling which adds warp, intricate curves, thin walls, and tight tolerances. • The report covers the Industrial Mold market’s segments1) By Type: Metal Molds, Other Material Molds 2) By Application: Automotive, Others.
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Major Key Players: Amada, TRUMPF, DMTG, DMG Mori, U.S. Industrial Machinery
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Table Of Content 1. Executive Summary 2. Report Structure 3. Industrial Mold Market Characteristics
4. Industrial Mold Market Product Analysis 5. Industrial Mold Market Supply Chain ‌‌
20. Key Mergers And Acquisitions In The Industrial Mold Market 21. Market Background: Metalworking Machinery Market 22. Recommendations
23. Appendix 24. Copyright And Disclaimer
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