Micro Injection Molded Plastic Market Strategies, Competitive Analysis, and Future Developments for the Next 5 Years
Micro Injection Molded Plastic Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, the global Micro Injection Molded Plastic Market size is projected to reach a CAGR of 12.2% and Forecast to 2030.
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Micro injection molding is a molding process for the manufacture of plastics components for shot weights of 1 to 0.1 grams with tolerances in the range of 10 to 100 microns. This molding process permits the manufacture of complicated small geometries with maximum possible accuracy and precision.
Increasing growth in automotive sector fuelling demand for micro injection molded plastic, rising demand from medical application and growing healthcare expenditure and favourable reimbursement scenarios, are some of the factors that have supported long-term expansion for Micro Injection Molded Plastic Market.
Recent Developments
Avient corporation introduced injection moldable thermoplastic elastomers to is versaflex series. The product was formulated without animal derivatives and is able to serve a variety of medical devices applications.
Pcific plastic injection molding, a part of Diversified Plastics Inc. added 5,000 square feet of office and production space to its existing facility in California. This expansion was done to improve the production and safe operation.
Key Players of Micro Injection Molded Plastic Market:
· Sumitomo Heavy Industries Limited
· Engel Austria GmbH
· Nissei Plastic Industrial Co., Ltd.
· Sodick Co., Ltd.
· Milacron Holdings Corp and More
Micro Injection Molded Plastic Market is segmented into material type, application, and region.
On the basis of Material Type
· Liquid-Crystal Polymer (LCP)
· Polyether Ether Ketone (PEEK)
· Polycarbonate (PC)
· Polyethylene (PE)
· Polyoxymethylene (POM)
· Polymethyl Methacrylate (PMMA)
· Polyetherimide (PEI)
· Polybutylene Terephthalate (PBT)
· Others
On the basis of Application
· Medical
· Automotive
· Optics
· Electronics
· Others
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Micro Injection Molded Plastic Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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