The Polymer Microinjection Molding market is expected to grow from USD 1.925 billion in 2020 to USD 6.667 billion by 2028, at a CAGR of 16.8% during the forecast period 2021-2028.
Micro-injection molding is when machines with high-pressure molding parts and tools are made into small modules. The devices used in this process are likely to be skilled in precise shot control, constant melting temperature, and high speeds and pressures. Materials used in the micro-molding process include acetic polymers, polycarbonate, polyester and liquid crystals, among others. The applications in which micro-injection molding is used are sensors, optics, micromechanics, telecommunications, watches, automotive components, electronics, and medical.Micro-injection polymer molding is primarily used to develop small products, which require an ultra-fine solution for molding.
The factors driving the market are growing demand for small components from the healthcare industry, switching of phthalate-containing substrate polymers to thermoplastics, an increase in the popularity of micro-gears, increasing demand for healthcare expenditure. The factors restraining the market growth are lack of awareness about micromoldingin developing and under-developed regions, high cost of the product. Increasing demand for polymer micro-injection molding from the electronics, automotive, telecommunications, medical and healthcare sectors are expected to provide market growth opportunities.
This study delivers a comprehensive analysis of type, application, and region. The type segment includes thermosets, thermoplastics, elastomers. The Thermoplastics segment held the largest market share in 2020, owing to the increasing demand for micro-materials polymers containing phthalates such as PVC tend to replace thermoplastics and rising manufacturing of components such as cogwheels and micro-gears used to produce watches. The application segment includes medical & healthcare, micro drive systems & control, automotive, telecom fiber optics. The Medical & Healthcaresegment holds the largest market share in 2020, owing to the growing number of micro-size components in the medical industry.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share in the U.S., owing to the growing demand for consumption of small products in some end-use industries such as medical, automotive, telecommunications. Asia-Pacific is expected to witness significant growth, owing to the growing awareness of medical and healthcare services primarily in emerging economies such as China, Indonesia and India. The Europe region is anticipated to grow and holds the largest share, as the understanding of micro-modeling and early adoption of technology is gradually increasing in this region.
Some of the notable players in the market are Accu-Mold LLC, Precipart, Makuta Technics, Micromolding Solution Inc., Precimold Incorporation, Rapidwerks Inc., Stack Plastics Inc., Stamm AG, Sovrin Plastics, Likuta Technics Inc., Norco Injection Molding, OMNI Mold Systems, ALC Precision, American Precision Products, Sovrin Plastics. In November 2017, MTD Micro-Molding acquired a vertical injection molding system that is explicitly designed to over-mold a high volume. The main objective of the investment is to meet customer demand and help the company strengthen its oversized services. This launch strengthened the position of the company across the world.
Polymer Microinjection Molding Market Analysis and Forecast, Type
Polymer Microinjection Molding Market Analysis and Forecast, Application
Polymer Microinjection Molding Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase in the popularity of micro-gears
5.2.2. Increasing demand for healthcare expenditure
5.2.3. Switching of phthalate-containing substrate polymers to thermoplastics
5.2.4. Growing demand for small components from the healthcare industry
5.3. Restraints
5.3.1. Lack of awareness about micromolding
5.3.2. High cost of the product
5.4. Opportunities
5.4.1. Increasing demand for polymer micro-injection molding from the electronics, automotive, telecommunications, medical and healthcare sectors
6. Global Polymer Microinjection Molding Treatment Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Thermosets
6.3. Thermoplastics
6.4. Elastomers
7. Global Polymer Microinjection Molding Treatment Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Medical & Healthcare
7.3. Micro Drive Systems & Control
7.4. Automotive
7.5. Telecom Fiber Optics
8. Global Polymer Microinjection Molding Treatment Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Polymer Microinjection Molding Treatment Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Polymer Microinjection Molding Treatment Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Application Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Accu-Mold LLC
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Application Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Precipart
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Application Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Makuta Technics
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Application Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Micromolding Solution Inc.
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Application Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Precimold Incorporation
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Application Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Rapidwerks Inc.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Application Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Stack Plastics Inc.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Application Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Stamm AG
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Application Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Sovrin Plastics
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Application Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Likuta Technics Inc.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Application Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Norco Injection Molding
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Application Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. OMNI Mold Systems
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Application Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. ALC Precision
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Application Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. American Precision Products
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Application Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Sovrin Plastics
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Application Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
List of Table
1. Global Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
2. Global Thermosets, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
3. GlobalThermoplastics, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
4. GlobalElastomers, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
5. Global Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
6. Global Medical & Healthcare, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
7. Global Micro Drive Systems & Control, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
8. Global Automotive, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
9. Global Telecom Fiber Optics, Polymer Microinjection Molding Treatment Market, By Region, 2021-2028 (USD Billion)
10. North America Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
11. North America Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
12. U.S. Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
13. U.S. Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
14. Canada Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
15. CanadaPolymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
16. Mexico Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
17. Mexico Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
18. Europe Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
19. Europe Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
20. Germany Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
21. Germany Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
22. France Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
23. France Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
24. U.K. Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
25. U.K. Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
26. Italy Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
27. Italy Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
28. Spain Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
29. Spain Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
30. Asia Pacific Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
31. Asia Pacific Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
32. Japan Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
33. Japan Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
34. China Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
35. China Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
36. India Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
37. India Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
38. South America Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
39. South America Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
40. Brazil Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
41. Brazil Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
42. Middle East and Africa Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
43. Middle East and Africa Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
44. UAE Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
45. UAE Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
46. South Africa Polymer Microinjection Molding Treatment Market, By Type, 2021-2028 (USD Billion)
47. South Africa Polymer Microinjection Molding Treatment Market, By Application, 2021-2028 (USD Billion)
List of Figures
1. Global Polymer Microinjection Molding Treatment Market Segmentation
2. Global Polymer Microinjection Molding Treatment Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Polymer Microinjection Molding Treatment Market Attractiveness Analysis By Type
9. Global Polymer Microinjection Molding Treatment Market Attractiveness Analysis By Application
10. Global Polymer Microinjection Molding Treatment Market Attractiveness Analysis By Region
11. Global Polymer Microinjection Molding Treatment Market: Dynamics
12. Global Polymer Microinjection Molding Treatment Market Share by Type(2021&2028)
13. Global Polymer Microinjection Molding Treatment Market Share by Application (2021&2028)
14. Global Polymer Microinjection Molding Treatment Market Share by Regions (2021&2028)
15. Global Polymer Microinjection Molding Treatment Market Share by Company (2020)
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