Toll Free: 1-888-928-9744

Polymer Microinjection Molding Market Analysis By Application (Medical & Healthcare, Automotive, Telecom Fiber Optics, Micro Drive Systems & Control) And Segment Forecasts To 2020

Published: Jan, 2014 | Pages: 80 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

San Francisco, January 23, 2014 - The global market for microinjection polymer molding is expected to reach USD 897.3 million by 2020. Growing demand for small sized components mainly from the medical industry is expected to be a key driving factor for the market. Microinjection molding is used to manufacture highly valued micro medical components such as sensors, implants, tubes, catheter tips and microoptics among some other components; the growing demand for these has had a positive impact on the market. The report further observes that shift in trend towards adoption of micromolding over micromachining, owing to its cost efficiency and development of microoptics and microfluidics technologies, particularly in North America and Europe is also expected to play a major role in the market growth.

Medical and healthcare emerged as the leading application markets for microinjection molding and accounted for just over one-third of the total market in 2012. Along with being the largest market, these are also expected to be the fastest growing market for microinjection molding at an estimated CAGR of 15.2% from 2013 to 2020. Growing demand for small sized components on account of increasing number of minimally invasive surgeries is expected to drive the market over the next six years. Automotive industry trailed medical and healthcare industry in the overall demand for microinjection polymer molding. The global market for microinjection polymer molding in automotive industry is expected to exceed USD 200 million by 2020.

Further key findings from the study suggest:

North America emerged as the leading market for microinjection polymer molding, accounting for more than 40% of the total market in 2012. Rapid technological advancement, mainly in the U.S. has been a key factor for market development. In addition, increasing healthcare expenditure is also expected to fuel the demand for microinjection molding market. North American micro molders gained the advantage of moving early into a high growth market eyeing a sustainable future
Rapid development of various micro technologies including microoptics and microfluidics mainly in Western Europe is expected to drive the market for microinjection polymer molding in Europe. Germany holds a major chunk in the European market for microinjection molding on account of increasing medical expenditure and country's lead position in automobile manufacturing. European market for micro injection molding is expected to grow at a CAGR of 13.8% from 2013 to 2020. Asia Pacific is still a large untapped market and hold immense opportunities in the years to come. Asia Pacific is expected to grow at a CAGR of 14.9% from 2013 to 2020 
However, lack of awareness regarding the benefits offered using micro molded polymers mainly in under developed countries of Middle East, Africa, Latin America and South Asia is expected to hinder the market growth over the forecast period
Production of microinjection molded polymers is concentrated mainly in Europe and North America. Some of the major companies operating in the global market include Accu-Mold LLC, ALC Precision, American Precision Products, Makuta Technics, Micromolding Solution Inc., Precimold Incorporation, Rapidwerks, Stack Plastics Inc., Stamm AG and Sovrin Plastics among some other companies.
For the purpose of this study, Grand View Research has segmented the global polymer microinjection molding market on the basis of product and region:
 Microinjection Molding Application Outlook,

Medical & Healthcare
Automotive
Telecom Fiber Optics
Micro Drive Systems & Control 
Others
Microinjection Polymer Molding Regional Outlook,

North America
Europe
Asia Pacific
Rest of the World
 Table of Contents
Chapter 1 Executive Summary 1.1 Microinjection Polymer Molding - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Microinjection Polymer Molding Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Microinjection Polymer Molding Market Dynamics 2.4 Key Opportunities Prioritized 2.5 Industry Analysis - Porter's 2.6 Microinjection Polymer Molding - PESTEL Analysis Chapter 3 Microinjection Polymer Molding Application Outlook 3.1 Medical and Healthcare 3.2 Automotive 3.3 Telecom Fiber Optics 3.4 Micro Drive Systems & Control 3.5 Other Chapter 4 Microinjection Polymer Molding Regional Outlook 4.1 North America 4.2 Europe 4.3 Asia Pacific 4.4 RoW Chapter 5 Microinjection Polymer Molding - Competitive Landscape 5.1 Accu-Mold LLC 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 ALC Precision 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 American Precision Products 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Makuta Technics Inc. 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Micromolding Solutions Inc. 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Precimold Incorporation 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Rapidwerks 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Stack Plastics Inc. 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Stamm AG 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 Sovrin Plastics 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources List of Tables
Global microinjection polymer molding market revenue, 2012 - 2020 Global microinjection polymer molding market revenue by region, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue by application, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue for medical and healthcare, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue for telecom fiber optics, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue for automotive, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue for micro drive systems & control, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue for other application, 2012 - 2020 (USD million) North America microinjection polymer molding market revenue by application, 2012 - 2020 (USD million) Europe microinjection polymer molding market revenue by application, 2012 - 2020 (USD million) Asia Pacific microinjection polymer molding market revenue by application, 2012 - 2020 (USD million) RoW microinjection polymer molding market revenue by application, 2012 - 2020 (USD million) List of Figures Microinjection polymer molding industry summary & critical success factors (CSFs) Microinjection polymer molding market segmentation Global microinjection polymer molding market revenue, 2012 - 2020 Global microinjection polymer molding market revenue growth by region, 2012 - 2020 (USD million) Global microinjection polymer molding market revenue growth by application, 2012 - 2020 (USD million) Microinjection polymer molding market dynamics Key opportunities prioritized Industry analysis - Porter's Microinjection polymer molding PESTEL analysis, 2012 Microinjection polymer molding market volume share by product, 2012 & 2020 Global microinjection polymer molding market revenue for medical and healthcare, 2012 (USD million) Global microinjection polymer molding market revenue for telecom fiber optics, 2012 (USD million) Global microinjection polymer molding market revenue for automotive, 2012 (USD million) Global microinjection polymer molding market revenue for micro drive systems & control, 2012 (USD million) North America microinjection polymer molding market revenue by application, 2012-2020 (USD million) Europe microinjection polymer molding market revenue by application, 2012-2020 (USD million) Asia Pacific microinjection polymer molding market revenue by application, 2012-2020 (USD million) RoW microinjection polymer molding market revenue by application, 2012-2020 (USD million) Global microinjection polymer molding Market - competitive landscape Research methodology List of data sources Research scope & assumptions Disclaimer

To request a free sample copy of this report, please complete the form below.

We never share your personal data. Privacy policy
Interested in this report? Get your FREE sample now! Get a Free Sample
Choose License Type
Single User - US $4250
Multi User - US $5250
Hexareeasearch Know

Did you know?

Research Assistance

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Why to buy from us

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Information security

Your personal and confidential information is safe and secure.

verify