Micro injection molding, as the name suggests, is a molding process which requires a specific molding machine with high injection pressure and speed, precise shot control, and ultra fine resolution for molding small sized tools and parts. This technique is used for the development of small or micro products that require precise specifications. Micro injection molding is usually done for the parts that are designed with weight less than a milligram and size less than 1mm. Use of this technique is not limited to only small parts but may be used for large products which require micro sized features such as thickness, diameter hole, etc.
Silicone is the major raw material used for micro molding, owing to its physical and chemical properties. However, silicone is costly and impacts the profitability of molders. In order to reduce manufacturing cost, polymers came into existence in the 90s. Polymer based micro molded products find applications in almost all of the application areas where silicones are being used. Polymers are further classified as thermosets, thermoplastics and elastomers out of which thermoplastics are majorly used for various applications in end-use industries.
Market Analysis and Insights: Global Polymer and Thermoplastic Micro Molding Market
The global Polymer and Thermoplastic Micro Molding market size is projected to reach US$ 685.8 million by 2026, from US$ 610.9 million in 2020, at a CAGR of 11.4%% during 2021-2026.
Global Polymer and Thermoplastic Micro Molding Scope and Market Size
Polymer and Thermoplastic Micro Molding market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Polymer and Thermoplastic Micro Molding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Polymer and Thermoplastic Micro Molding market is segmented into
PEEK
PVC
PE
Others
Segment by Application, the Polymer and Thermoplastic Micro Molding market is segmented into
Therapeutic Devices
Diagnostic Devices
Regional and Country-level Analysis
The Polymer and Thermoplastic Micro Molding market is analysed and market size information is provided by regions (countries).
The key regions covered in the Polymer and Thermoplastic Micro Molding market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Polymer and Thermoplastic Micro Molding market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Polymer and Thermoplastic Micro Molding business, the date to enter into the Polymer and Thermoplastic Micro Molding market, Polymer and Thermoplastic Micro Molding product introduction, recent developments, etc.
The major vendors covered:
SMC
BMP Medical
Stamm AG
MicroPEP
MTD Micro Molding
PEXCO
Sovrin Plastics
Accumold
Microsystems
Mikrotech
Kamek Precision Tools
Makuta Technics
Stack Plastics
Precimold Incorporation
American Precision Products
Rapidwerks
Silicone is the major raw material used for micro molding, owing to its physical and chemical properties. However, silicone is costly and impacts the profitability of molders. In order to reduce manufacturing cost, polymers came into existence in the 90s. Polymer based micro molded products find applications in almost all of the application areas where silicones are being used. Polymers are further classified as thermosets, thermoplastics and elastomers out of which thermoplastics are majorly used for various applications in end-use industries.
Market Analysis and Insights: Global Polymer and Thermoplastic Micro Molding Market
The global Polymer and Thermoplastic Micro Molding market size is projected to reach US$ 685.8 million by 2026, from US$ 610.9 million in 2020, at a CAGR of 11.4%% during 2021-2026.
Global Polymer and Thermoplastic Micro Molding Scope and Market Size
Polymer and Thermoplastic Micro Molding market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Polymer and Thermoplastic Micro Molding market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Polymer and Thermoplastic Micro Molding market is segmented into
PEEK
PVC
PE
Others
Segment by Application, the Polymer and Thermoplastic Micro Molding market is segmented into
Therapeutic Devices
Diagnostic Devices
Regional and Country-level Analysis
The Polymer and Thermoplastic Micro Molding market is analysed and market size information is provided by regions (countries).
The key regions covered in the Polymer and Thermoplastic Micro Molding market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Polymer and Thermoplastic Micro Molding Market Share AnalysisPolymer and Thermoplastic Micro Molding market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Polymer and Thermoplastic Micro Molding business, the date to enter into the Polymer and Thermoplastic Micro Molding market, Polymer and Thermoplastic Micro Molding product introduction, recent developments, etc.
The major vendors covered:
SMC
BMP Medical
Stamm AG
MicroPEP
MTD Micro Molding
PEXCO
Sovrin Plastics
Accumold
Microsystems
Mikrotech
Kamek Precision Tools
Makuta Technics
Stack Plastics
Precimold Incorporation
American Precision Products
Rapidwerks
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.