Polymer Microinjection Molding Size, Key Market Players, SWOT, Revenue Growth Analysis, 2022–2027
Reports
and Data estimates the global Polymer Microinjection Molding
Market competitive
landscape is highly fragmented with numerous players operating on a global and
regional scale. The key companies in the market are engaged in mergers and
acquisitions, joint ventures, collaborations, and product launches to gain a
robust revenue growth over the forecast period. The report considers 2020-2021
as historic years, 2020 as the base year, and 2018-2027 as the forecast period.
The report offers CAGR and market size for the global Polymer Microinjection
Molding Market during the forecast period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include: Accu-Mold LLC, ALC Precision, Stamm AG, Sovrin Plastics, American
Precision Products, Makuta Technies Inc., Micromolding Solution Inc., Stack
Plastic Inc., Precimold Incorporation, and Rapidwerks.
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Polymer
Microinjection Molding Market Overview :-
The global
Polymer Microinjection Molding market is forecasted to grow at a rate of 13.4%
from USD 836.0 Million in 2019 to USD 2.16 billion in 2027. Increasing demand
for miniature materials is expected to be a key factor driving the overall
market for microinjection polymer molding for various applications spread
across widespread end-use industries, including medical, electronics,
automotive, and telecom. The
shift towards the replacement of polymers containing phthalates such as PVC
with thermoplastics coupled with increased demand for micro-materials has led
to the use of micro-molding in the medical industry. The process is primarily
used for the manufacturing ear implants, micro filters, precision blades,
bearing caps, and certain other devices/equipment needing accurate design and
configuration. Other micro molded parts applications include the wheel, micro
gear plate, and operating pin, which are widely used in automotive and drive
systems. Molded products slowly replace machined components that have
traditionally been used in the industry. The rising trend of small devices,
coupled with the increasing number of minimally invasive surgeries per day, has
boosted demand from medical device manufacturers for micro-sized parts. Cost
savings are the critical advantage of microinjection molding over
micromachining. Micro-injection molding takes a fraction of the time to mold
the sections and uses raw materials that are low cost relative to machining, resulting
in high-cost savings.
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Type Outlook (Revenue, USD
Billion; 2017-2027)
- Polyether Ether Ketone
- Polymethyl methacrylate
- Polyethylene
- Polyoxymethylene
- Liquid Crystal Polymer
- Polylactic Acid
Product Type Outlook (Revenue,
USD Billion; 2017-2027)
·
Thermosets
·
Elastomers
·
Thermoplastics
Application Outlook (Revenue,
USD Billion; 2017-2027)
·
Automotive
·
Medical & Healthcare
·
Telecom Fiber Optics
·
Micro Drive System &
Control
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the Polymer Microinjection Molding
Market during the forecast period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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for reading our report. For more details on customization, please connect with
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needs.
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