Apr 20,2022 | Manufacturing
Micro molding is a highly specialized manufacturing process that produces extremely small, high-precision thermoplastic components with micron tolerances. The miniaturization of automotive, medical, electronics, telecommunications devices is driving the need for micro molding of smaller components.
The global micro injection molding market stood at around US$ 1025 million in 2021 and is projected to rise to a worth of US$ 1826 million by 2028 end, thereby garnering a CAGR of 8.6% during 2022-2028. According to the latest market report offered on Bharatbook, the study provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global micro injection molding market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. Moreover, this study also provides an analysis of the impact of the COVID-19 crisis on the micro injection molding industry.
The global micro injection molding market report offers detailed information on several market vendors, including Accu-Mold LLC, Makuta Inc., Microdyne Plastics Inc., MTD Micro Molding, Ortofon A/S, Precision Engineered Products LLC, SMC Ltd., Sovrin Plastics Ltd., Spectrum Plastics Group, Inc., Stack Plastics, Inc., STAMM AG, Starlim Spritzguss GmbH, Sumitomo Heavy Industries, Ltd., among others.
Further, this report also helps to classify and forecast the global micro injection molding market based on material type, end user, and region, to identify challenges for the global micro injection molding market, to examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global micro injection molding market, as well as recognize growth segments for investment and help stay ahead of competitors through company profiles and market data.
To know more about the aforementioned market, please visit Global Micro Injection Molding Market.