The global micro injection molded plastic market is anticipated to grow at a considerable CAGR of around 11.1% during the forecast period. The key factors driving the global micro injection molded plastic market growth include the increased demand for injection molded plastic in various industries such as automotive, medical & healthcare, packaging, electronics and others. Automotive manufacturers are focused towards reducing the weight of vehicle fleet by replacing metals and alloys body parts with plastic and thereby provide an opportunity for the injection molded plastic to grow in future. Further, there is rise in demand for injection molded plastic in consumer electronic appliances such as laptops and cellular phones. The monitor, mouse and keyboard are all made with injection molded plastic. The production of computer parts through injection molding in China gives optimum benefits to product due to the fact that companies in China uphold the best standards in quality and quantity in order to meet the expectations of the consumers, which gives an opportunity for injection molding plastic market to grow in China.
In January 2021, Husky Technologies released UltraShot Injection System. This innovative system reduces the insufficiencies of traditional injection molding procedure to offer further convenience for manufacturers to mold perfectly each part of the product. It is a perfect fit for medical, packaging and consumer electronic parts to implement efficient process which will result in the growth of the micro injection molded plastic market during forecast.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Types
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Accu-Mold LLC, Isometric Micro Molding., Knightsbridge Plastics Inc., Makuta, Inc., Microdyne Plastics Inc., Microsystems UK, MTD Micro Molding, Otto Männer GmbH, Polymermedics Ltd., SMC Ltd. and others.
Micro Injection Molded Plastic Market Report by Segment
By Types
- Liquid-Crystal Polymer (LCP)
- Polyether Ether Ketone (PEEK)
- Polycarbonate (PC)
- Polyoxymethylene (POM)
- Polyethylene (PE)
- Others (Polymethylmethacrilate, Polyamide)
By Application
- Medical & Healthcare
- Automotive
- Telecom & Optics
- Aerospace & Defense
- Packaging
- Others (Electronics, Construction)
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Micro Injection Molded Plastic Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- American Precision Products
- D&M Plastics, LLC.
- Knightsbridge Plastics Inc.
- Makuta, Inc.
- Matrix Plastic Products, Inc.
- Microdyne Plastics Inc.
- Microsystems UK
- MTD Micro Molding
- MW Industries, Inc.
- SMC Ltd.
- Sovrin Plastics
- Spectrum Plastics Group.
- Stack Plastics
- WITTMANN Technology GmbH
- YOMURA TECHNOLOGIES, INC.
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