Micro Injection Molded Plastic Market by Material Type (LCP, PEEK, PC, PE, POM, PMMA, PEI, PBT), Application (Medical, Automotive, Optics, Electronics), and Region (North America, Asia Pacific, Europe, MEA, South America) - Global Forecast to 2028

Abstract
In terms of value, the micro injection molded plastics market is estimated to grow from USD 1.2 billion in 2023 to USD 2.1 billion by 2028, at a CAGR of 11.4%. The growth of the automotive, electronics and medical industries is also driving the demand for micro injection molded plastic. The automobile sector has seen a steady increase in the demand for micro injection molded plastics in recent years.

For automotive applications, micro injection molding has a number of benefits, including miniaturization, weight reduction, enhanced performance, and cost savings. The automotive industry relies heavily on electrical and electronic systems, and micro injection molded plastic parts play a crucial role in connectors, terminals, and other electrical components. These tiny components are crucial for the operation of different automobile systems and offer dependable connectivity. All these factors are boosting the demand for micro injection molded plastic especially in automotive applications.

“PEI is expected to be the second fastest-growing type of the micro injection molded plastic market, in terms of value, during the forecast period.”

The demand for micro injection molded plastics in PEI (Polyetherimide) is influenced by several factors. The specific demand for micro injection molded plastics in PEI depends on the application needs and industry demands, despite the fact that PEI itself is a high-performance thermoplastic with a variety of desirable qualities.

PEI's characteristics, such as high-temperature resistance, mechanical strength, chemical resistance, and electrical insulation properties, make it suitable for micro injection molding in certain applications where miniaturization and high-performance are essential. All these factors boost the market for PEI material type in micro injection molded plastic globally.

“Medical is expected to be the fastest-growing application of the micro injection molded plastic market, in terms of value, during the forecast period.”

The demand for micro injection molded plastics in the medical industry has been steadily increasing due to the growing need for miniaturized medical devices, improved patient care, and technological advancements.

Micro injection molding enables the production of small and precise plastic components with tight tolerances, making it suitable for various medical applications. In medical they are used in various applications including surgical instruments, implantable devices, drug delivery systems, and others. All these factors boost the market for micro injection molded plastic in medical application globally.

“Asia Pacific is projected to be the fastest growing region, in terms of value, during the forecast period in the Micro injection molded plastic market.”

Asia Pacific has low cost of labor, easy availability of raw materials, with high adoption rate for new and modern technologies and availability of land which makes the region an attractive option for various manufacturing industries including automotive, healthcare, electronics and others.

The increasing population in countries like India and China, demand for eco-friendly, cost-effective electric vehicles and demand for advanced electronics products drive the market for micro injection molded plastics in Asia Pacific. Major automotive manufacturers such as Honda, Toyota, BMW, Nissan and others have established their manufacturing facilities in this region which further fuels the market demand.

•By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
•By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
•By Region: North America - 32%, Europe - 21%, Asia Pacific - 28%, South America and Middle East & Africa - 12%, South America – 7%

The key players profiled in the report include Accumold LLC (US), Paragon Medical (US), SMC Ltd. (US), Spectrum Plastics Group, Inc. (US), Isometric Micro Molding, Inc. (US), Makuta Micro Molding (US), Precikam Inc. (Canada), MTD Micro Molding (US), among others.

Research Coverage
This report segments the market for micro injection molded plastic based on material type, application, and region and provides estimations of value (USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for micro injection molded plastic.

Reasons to Buy this Report
This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the micro injection molded plastic market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on micro injection molded plastic offered by top players in the global market
•Analysis of key drives: (growth in automotive sector, demand from medical application, and growing healthcare expenditure and favorable reimbursement scenario), restraints (high initial and maintenance cost of machine), opportunities (rising trend of electric vehicles), and challenges (skilled personnel for operations) influencing the growth of micro injection molded plastic market.
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the micro injection molded plastic market
•Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for micro injection molded plastic across regions
•Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global micro injection molded plastic market
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the micro injection molded plastic market

Content
Table of Contents

1INTRODUCTION28
1.1STUDY OBJECTIVES28
1.2MARKET DEFINITION28
1.2.1INCLUSIONS AND EXCLUSIONS29
1.2.2MARKET DEFINITION AND INCLUSIONS, BY MATERIAL TYPE29
1.2.3MARKET DEFINITION AND INCLUSIONS, BY APPLICATION30
1.3STUDY SCOPE30
FIGURE 1MICRO INJECTION MOLDED PLASTIC MARKET SEGMENTATION30
1.4REGIONS COVERED31
1.5YEARS CONSIDERED31
1.6CURRENCY CONSIDERED32
1.7STAKEHOLDERS32
1.8SUMMARY OF CHANGES32
2RESEARCH METHODOLOGY33
2.1RESEARCH DATA33
FIGURE 2MICRO INJECTION MOLDED PLASTIC MARKET: RESEARCH DESIGN33
2.1.1SECONDARY DATA34
2.1.2PRIMARY DATA34
2.1.2.1Key primary interview participants34
2.1.2.2Key industry insights35
2.1.2.3Breakdown of primary interviews35
2.2MARKET SIZE ESTIMATION36
2.2.1BOTTOM-UP APPROACH36
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1 (SUPPLY-SIDE): PRODUCT REVENUE36
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1 BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS37
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 BOTTOM-UP (DEMAND-SIDE): APPLICATIONS SERVED38
2.2.2TOP-DOWN APPROACH38
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 TOP-DOWN38
2.3DATA TRIANGULATION39
FIGURE 7MICRO INJECTION MOLDED PLASTIC MARKET: DATA TRIANGULATION39
2.4GROWTH FORECAST40
2.4.1SUPPLY SIDE40
FIGURE 8MARKET GROWTH PROJECTIONS (SUPPLY-SIDE)40
2.4.2DEMAND SIDE41
FIGURE 9MARKET GROWTH PROJECTIONS (DEMAND-SIDE)41
2.5RECESSION IMPACT41
2.6ASSUMPTIONS42
2.7LIMITATIONS42
2.8RISK ASSESSMENT42
TABLE 1MICRO INJECTION MOLDED PLASTIC MARKET: RISK ASSESSMENT42
3EXECUTIVE SUMMARY43
FIGURE 10PC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD43
FIGURE 11MEDICAL SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD44
FIGURE 12NORTH AMERICA ACCOUNTED FOR HIGHEST CAGR IN 202244
4PREMIUM INSIGHTS46
4.1OPPORTUNITIES FOR PLAYERS IN MICRO INJECTION MOLDED PLASTIC MARKET46
FIGURE 13HIGH DEMAND FOR MOLDED PLASTIC FROM EMERGING ECONOMIES TO DRIVE MARKET46
4.2MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION46
FIGURE 14NORTH AMERICA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD46
4.3NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE AND COUNTRY47
FIGURE 15US AND PC ACCOUNTED FOR LARGEST MARKET SHARE IN 202247
4.4MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION AND REGION47
FIGURE 16MEDICAL APPLICATION TO DOMINATE MARKET ACROSS REGIONS DURING FORECAST PERIOD47
4.5MICRO INJECTION MOLDED PLASTIC MARKET, BY KEY COUNTRY48
FIGURE 17CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD48
5MARKET OVERVIEW49
5.1INTRODUCTION49
5.2MARKET DYNAMICS49
FIGURE 18DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MICRO INJECTION MOLDED PLASTIC MARKET49
5.2.1DRIVERS50
5.2.1.1Growth of automotive sector50
FIGURE 19CAR PRODUCTION, BY COUNTRY, 2022 (MILLION UNITS)50
5.2.1.2Rising demand in medical applications50
5.2.1.3Increase in healthcare expenditure and favorable reimbursement scenario51
TABLE 2HEALTH EXPENDITURE (% OF GDP), BY COUNTRY, 2014–201951
5.2.2RESTRAINTS52
5.2.2.1High maintenance cost of machines52
5.2.3OPPORTUNITIES52
5.2.3.1Rising trend of electric vehicles52
TABLE 3KEY AUTOMAKERS ANNOUNCEMENTS FOR ELECTRIC VEHICLES53
5.2.4CHALLENGES54
5.2.4.1Less economical for small production capacities54
5.2.4.2Requirement of skilled personnel54
5.3PORTER’S FIVE FORCES ANALYSIS55
FIGURE 20MICRO INJECTION MOLDED PLASTIC MARKET: PORTER’S FIVE FORCES ANALYSIS55
5.3.1BARGAINING POWER OF SUPPLIERS55
5.3.2BARGAINING POWER OF BUYERS56
5.3.3THREAT OF SUBSTITUTES56
5.3.4THREAT OF NEW ENTRANTS56
5.3.5INTENSITY OF COMPETITIVE RIVALRY56
TABLE 4MICRO INJECTION MOLDED PLASTIC MARKET: PORTER’S FIVE FORCES ANALYSIS56
5.4MACROECONOMIC INDICATORS57
5.4.1GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES57
TABLE 5GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2020–2027 (USD BILLION)57
6INDUSTRY TRENDS58
6.1SUPPLY CHAIN ANALYSIS58
FIGURE 21SUPPLY CHAIN OF MICRO INJECTION MOLDED PLASTIC MARKET58
6.1.1RAW MATERIALS58
6.1.2MANUFACTURING58
6.1.3DISTRIBUTION NETWORK58
6.1.4END-USER INDUSTRIES59
6.2TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS59
FIGURE 22REVENUE SHIFT FOR MICRO INJECTION MOLDED PLASTIC MARKET59
6.3ECOSYSTEM MAPPING60
FIGURE 23MICRO INJECTION MOLDED PLASTIC MARKET: ECOSYSTEM MAP60
TABLE 6MICRO INJECTION MOLDED PLASTIC MARKET: ECOSYSTEM60
6.4KEY STAKEHOLDERS AND BUYING CRITERIA62
6.4.1KEY STAKEHOLDERS IN BUYING PROCESS62
FIGURE 24INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS62
TABLE 7IMPACT ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%)62
6.4.2BUYING CRITERIA63
FIGURE 25KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS63
TABLE 8KEY BUYING CRITERIA63
6.5INDICATIVE PRICING ANALYSIS64
6.5.1INDICATIVE SELLING PRICE OF KEY PLAYERS, BY MATERIAL TYPE64
FIGURE 26INDICATIVE SELLING PRICE OF KEY PLAYERS FOR TOP THREE MATERIAL TYPES64
TABLE 9INDICATIVE SELLING PRICE OF KEY PLAYERS FOR TOP THREE MATERIAL TYPES (USD)64
 
6.6TECHNOLOGY ANALYSIS65
6.7CASE STUDY ANALYSIS65
6.7.1ARBURG AND PLASTIKOS65
6.7.2SUMITOMO AND RENYMED65
6.8IMPORT–EXPORT SCENARIO66
6.8.1IMPORT SCENARIO OF MICRO INJECTION MOLDED PLASTIC66
FIGURE 27MICRO INJECTION MOLDED PLASTIC IMPORT, BY KEY COUNTRY, 2013–202166
TABLE 10IMPORT OF MICRO INJECTION MOLDED PLASTIC, BY REGION, 2013–2021 (USD MILLION)66
6.8.2EXPORT SCENARIO OF MICRO INJECTION MOLDED PLASTIC67
FIGURE 28MICRO INJECTION MOLDED PLASTIC EXPORT, BY KEY COUNTRY, 2013–202167
TABLE 11EXPORT OF MICRO INJECTION MOLDED PLASTIC, BY REGION, 2013–2021 (USD MILLION)67
6.9KEY CONFERENCES AND EVENTS, 202368
TABLE 12MICRO INJECTION MOLDED PLASTIC MARKET: KEY CONFERENCES AND EVENTS68
6.10GLOBAL REGULATORY FRAMEWORK68
TABLE 13REGULATORY BODIES GOVERNING MICRO INJECTION MOLDED PLASTIC68
TABLE 14REGULATIONS GOVERNING MICRO INJECTION MOLDED PLASTIC69
6.11PATENT ANALYSIS69
6.11.1INTRODUCTION69
6.11.2METHODOLOGY69
6.11.3DOCUMENT TYPES70
TABLE 15GRANTED PATENTS ACCOUNTED FOR HIGHEST PATENT COUNT (2012–2022)70
FIGURE 29PATENTS REGISTERED FOR MICRO INJECTION MOLDED PLASTIC (2012–2022)70
FIGURE 30PATENT PUBLICATION TRENDS FOR MICRO INJECTION MOLDED PLASTIC (2012–2022)70
6.11.4INSIGHTS71
6.11.5LEGAL STATUS71
FIGURE 31LEGAL STATUS OF MICRO INJECTION MOLDED PLASTIC PATENTS71
6.11.6JURISDICTION ANALYSIS71
FIGURE 32MAXIMUM PATENTS FILED BY COMPANIES IN US71
6.11.7TOP APPLICANTS72
FIGURE 33DOW INC. REGISTERED HIGHEST NUMBER OF PATENTS (2012–2022)72
TABLE 16RECENT PATENTS BY DOW INC.72
TABLE 17RECENT PATENTS BY BRISTOL MYERS SQUIBB73
TABLE 18TOP 10 PATENT OWNERS IN US (2012–2022)73
7MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE74
7.1INTRODUCTION75
FIGURE 34PEEK TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD75
TABLE 19MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)76
TABLE 20MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)76
7.2LIQUID CRYSTAL POLYMERS77
7.2.1INCREASING CONSUMPTION IN AUTOMOTIVE AND ELECTRONICS SECTORS77
TABLE 21LCP: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)77
TABLE 22LCP: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)77
7.3POLYETHER ETHER KETONE78
7.3.1HIGH DEMAND FROM MEDICAL INDUSTRY78
TABLE 23PEEK: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)78
TABLE 24PEEK: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)78
7.4POLYCARBONATE79
7.4.1GOOD THERMAL RESISTANCE AND HIGH VISCOSITY79
TABLE 25PC: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)79
TABLE 26PC: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)79
7.5POLYETHYLENE80
7.5.1WIDELY USED IN FABRICATION AND PACKAGING80
TABLE 27PE: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)80
TABLE 28PE: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)80
7.6POLYOXYMETHYLENE81
7.6.1HIGH DEMAND IN AUTOMOTIVE AND INDUSTRIAL SECTORS81
TABLE 29POM: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)81
TABLE 30POM: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)81
7.7POLYMETHYL METHACRYLATE82
7.7.1DIVERSE APPLICATIONS IN VARIOUS INDUSTRIES82
TABLE 31PMMA: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)82
TABLE 32PMMA: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)82
7.8POLYETHERIMIDE83
7.8.1INCREASING CONSUMPTION IN BIOMEDICAL APPLICATIONS83
TABLE 33PEI: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)83
TABLE 34PEI: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)83
7.9POLYBUTYLENE TEREPHTHALATE84
7.9.1HIGH DEMAND IN ELECTRONICS INDUSTRY84
TABLE 35PBT: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)84
TABLE 36PBT: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)84
7.10OTHER TYPES85
TABLE 37OTHER TYPES: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)85
TABLE 38OTHER TYPES: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)85
8MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION86
8.1INTRODUCTION87
FIGURE 35MEDICAL APPLICATION TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD87
TABLE 39MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)87
TABLE 40MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)88
8.2MEDICAL89
8.2.1USE OF MOLDED PLASTIC IN MINIATURIZATION AND NANOTECHNOLOGY89
TABLE 41MEDICAL: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)89
TABLE 42MEDICAL: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)89
8.3AUTOMOTIVE90
8.3.1RISING DEMAND FOR MICRO MOLDS IN COMPLEX VEHICLES90
TABLE 43AUTOMOTIVE: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)90
TABLE 44AUTOMOTIVE: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)90
8.4OPTICS91
8.4.1INCREASING USE OF MOLDED COMPONENTS IN ADVANCED WEARABLE DEVICES91
TABLE 45OPTICS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)91
TABLE 46OPTICS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)91
8.5ELECTRONICS92
8.5.1USE OF HIGH-PRECISION THERMOPLASTIC IN MICROELECTRONICS92
TABLE 47ELECTRONICS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)92
TABLE 48ELECTRONICS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)92
8.6OTHER APPLICATIONS93
TABLE 49OTHER APPLICATIONS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)93
TABLE 50OTHER APPLICATIONS: MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)93
9MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION94
9.1INTRODUCTION95
FIGURE 36ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR MICRO INJECTION MOLDED PLASTIC DURING FORECAST PERIOD95
TABLE 51MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2017–2021 (USD MILLION)95
TABLE 52MICRO INJECTION MOLDED PLASTIC MARKET, BY REGION, 2022–2028 (USD MILLION)96
9.2NORTH AMERICA96
FIGURE 37NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET SNAPSHOT97
9.2.1RECESSION IMPACT ON NORTH AMERICA97
9.2.2NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE98
TABLE 53NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)98
TABLE 54NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)98
9.2.3NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION99
TABLE 55NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)99
TABLE 56NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)99
9.2.4NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY100
TABLE 57NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2017–2021 (USD MILLION)100
TABLE 58NORTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2022–2028 (USD MILLION)100
9.2.4.1US100
9.2.4.1.1Increasing demand for molded plastic from medical industry to drive market100
TABLE 59US: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)101
TABLE 60US: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)101
9.2.4.2Canada102
9.2.4.2.1Growth of automotive industry to fuel demand for micro injection molds102
TABLE 61CANADA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)102
TABLE 62CANADA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)102
9.2.4.3Mexico103
9.2.4.3.1Presence of major vehicle manufacturing facilities to propel market103
TABLE 63MEXICO: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)103
TABLE 64MEXICO: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)103
9.3ASIA PACIFIC104
FIGURE 38ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET SNAPSHOT105
9.3.1RECESSION IMPACT ON ASIA PACIFIC105
9.3.2ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE106
TABLE 65ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)106
TABLE 66ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)106
9.3.3ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION107
TABLE 67ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)107
TABLE 68ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)107
9.3.4ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY108
TABLE 69ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2017–2021 (USD MILLION)108
TABLE 70ASIA PACIFIC: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2022–2028 (USD MILLION)108
9.3.4.1China108
9.3.4.1.1Investment regulations and economic labor costs to propel market108
TABLE 71CHINA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)109
TABLE 72CHINA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)109
9.3.4.2Japan110
9.3.4.2.1Presence of major car manufacturers to fuel demand for micro injection molded plastic110
TABLE 73JAPAN: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)110
TABLE 74JAPAN: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)110
9.3.4.3India111
9.3.4.3.1Growth of medical device industry to drive market111
TABLE 75INDIA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)111
TABLE 76INDIA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)111
9.4EUROPE112
FIGURE 39EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET SNAPSHOT112
9.4.1RECESSION IMPACT ON EUROPE113
9.4.2EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE113
TABLE 77EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)113
TABLE 78EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)114
9.4.3EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION114
TABLE 79EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)114
TABLE 80EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)115
9.4.4EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY115
TABLE 81EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2017–2021 (USD MILLION)115
TABLE 82EUROPE: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2022–2028 (USD MILLION)115
9.4.4.1Germany116
9.4.4.1.1Growth of automotive industry to propel market116
TABLE 83GERMANY: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)116
TABLE 84GERMANY: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)116
9.4.4.2France117
9.4.4.2.1High foreign investments to drive market117
TABLE 85FRANCE: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)117
TABLE 86FRANCE: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)117
9.4.4.3UK118
9.4.4.3.1Presence of leading car producers to fuel market growth118
TABLE 87UK: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)118
TABLE 88UK: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)118
9.5MIDDLE EAST & AFRICA119
9.5.1RECESSION IMPACT ON MIDDLE EAST & AFRICA119
9.5.2MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE120
TABLE 89MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)120
TABLE 90MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)120
9.5.3MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION121
TABLE 91MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)121
TABLE 92MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)121
9.5.4MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY122
TABLE 93MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2017–2021 (USD MILLION)122
TABLE 94MIDDLE EAST & AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2022–2028 (USD MILLION)122
9.5.4.1Saudi Arabia123
9.5.4.1.1Growth of industrial sector to drive market123
TABLE 95SAUDI ARABIA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)123
TABLE 96SAUDI ARABIA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)123
9.5.4.2South Africa124
9.5.4.2.1Increase in automobile production and export to fuel demand for molded plastic124
TABLE 97SOUTH AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)124
TABLE 98SOUTH AFRICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)124
9.6SOUTH AMERICA125
9.6.1RECESSION IMPACT ON SOUTH AMERICA125
9.6.2SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE125
TABLE 99SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2017–2021 (USD MILLION)125
TABLE 100SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY MATERIAL TYPE, 2022–2028 (USD MILLION)126
9.6.3SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION126
TABLE 101SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)126
TABLE 102SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)127
9.6.4SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY127
TABLE 103SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2017–2021 (USD MILLION)127
TABLE 104SOUTH AMERICA: MICRO INJECTION MOLDED PLASTIC MARKET, BY COUNTRY, 2022–2028 (USD MILLION)127
9.6.4.1Brazil128
9.6.4.1.1Infrastructural development to fuel market growth128
TABLE 105BRAZIL: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)128
TABLE 106BRAZIL: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)129
 
9.6.4.2Argentina129
9.6.4.2.1Increasing use of molded plastics in medical industry to propel market129
TABLE 107ARGENTINA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2017–2021 (USD MILLION)130
TABLE 108ARGENTINA: MICRO INJECTION MOLDED PLASTIC MARKET, BY APPLICATION, 2022–2028 (USD MILLION)130
10COMPETITIVE LANDSCAPE131
10.1INTRODUCTION131
10.2STRATEGIES ADOPTED BY KEY PLAYERS131
TABLE 109MICRO INJECTION MOLDED PLASTIC MARKET: STRATEGIES ADOPTED BY KEY MARKET PLAYERS131
10.3RANKING OF KEY MARKET PLAYERS133
FIGURE 40RANKING OF TOP FIVE PLAYERS, 2022133
10.4MARKET SHARE ANALYSIS133
TABLE 110MICRO INJECTION MOLDED PLASTIC MARKET: DEGREE OF COMPETITION133
FIGURE 41ACCUMOLD LLC LED MICRO INJECTION MOLDED PLASTIC MARKET IN 2022134
10.5REVENUE ANALYSIS OF KEY COMPANIES135
FIGURE 42REVENUE ANALYSIS OF KEY COMPANIES DURING LAST FIVE YEARS135
10.6COMPANY PRODUCT FOOTPRINT ANALYSIS136
FIGURE 43MICRO INJECTION MOLDED PLASTIC MARKET: COMPANY FOOTPRINT136
TABLE 111MICRO INJECTION MOLDED PLASTIC MARKET: MATERIAL TYPE FOOTPRINT137
TABLE 112MICRO INJECTION MOLDED PLASTIC MARKET: APPLICATION FOOTPRINT138
TABLE 113MICRO INJECTION MOLDED PLASTIC MARKET: COMPANY REGIONAL FOOTPRINT139
10.7COMPANY EVALUATION QUADRANT (TIER 1)140
10.7.1STARS140
10.7.2EMERGING LEADERS140
10.7.3PERVASIVE PLAYERS140
10.7.4PARTICIPANTS140
FIGURE 44COMPANY EVALUATION QUADRANT FOR MICRO INJECTION MOLDED PLASTIC (TIER 1)141
10.8COMPETITIVE BENCHMARKING142
TABLE 114MICRO INJECTION MOLDED PLASTIC MARKET: KEY STARTUPS/SMES142
TABLE 115MICRO INJECTION MOLDED PLASTIC MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES142
10.9STARTUP/SME EVALUATION QUADRANT143
10.9.1RESPONSIVE COMPANIES143
10.9.2PROGRESSIVE COMPANIES143
10.9.3DYNAMIC COMPANIES143
10.9.4STARTING BLOCKS143
FIGURE 45STARTUP/SME EVALUATION QUADRANT FOR MICRO INJECTION MOLDED PLASTIC MARKET144
10.10COMPETITIVE SCENARIO AND TRENDS145
10.10.1DEALS145
TABLE 116MICRO INJECTION MOLDED PLASTIC MARKET: DEALS (2019–2023)145
10.10.2OTHER DEVELOPMENTS146
TABLE 117MICRO INJECTION MOLDED PLASTIC MARKET: OTHER DEVELOPMENTS (2019–2023)146
11COMPANY PROFILES147
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weakness and competitive threats)*
11.1KEY PLAYERS147
11.1.1ACCUMOLD LLC147
TABLE 118ACCUMOLD LLC: COMPANY OVERVIEW147
11.1.2PARAGON MEDICAL149
TABLE 119PARAGON MEDICAL: COMPANY OVERVIEW149
11.1.3SMC LTD.151
TABLE 120SMC LTD.: COMPANY OVERVIEW151
11.1.4SPECTRUM PLASTICS GROUP, INC.153
TABLE 121SPECTRUM PLASTICS GROUP, INC.: COMPANY OVERVIEW153
11.1.5ISOMETRIC MICRO MOLDING, INC.155
TABLE 122ISOMETRIC MICRO MOLDING, INC.: COMPANY OVERVIEW155
11.1.6MAKUTA MICRO MOLDING156
TABLE 123MAKUTA MICRO MOLDING: COMPANY OVERVIEW156
11.1.7PRECIKAM INC.158
TABLE 124PRECIKAM INC.: COMPANY OVERVIEW158
11.1.8MTD MICRO MOLDING159
TABLE 125MTD MICRO MOLDING: COMPANY OVERVIEW159
11.1.9MICRO MOLDING INC.160
TABLE 126MICRO MOLDING INC.: COMPANY OVERVIEW160
11.1.10MICRODYNE PLASTICS, INC.161
TABLE 127MICRODYNE PLASTICS, INC.: COMPANY OVERVIEW161
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weakness and competitive threats might not be captured in case of unlisted companies.
11.2OTHER PLAYERS162
11.2.1OTTO MÄNNER GMBH - BARNES GROUP INC.162
TABLE 128OTTO MÄNNER GMBH - BARNES GROUP INC.: COMPANY OVERVIEW162
11.2.2POLYMERMEDICS LTD.162
TABLE 129POLYMERMEDICS LTD.: COMPANY OVERVIEW162
11.2.3MIKROTECH163
TABLE 130MIKROTECH: COMPANY OVERVIEW163
11.2.4SOVRIN PLASTICS163
TABLE 131SOVRIN PLASTICS: COMPANY OVERVIEW163
11.2.5STACK PLASTICS164
TABLE 132STACK PLASTICS: COMPANY OVERVIEW164
11.2.6AMERICAN PRECISION PRODUCTS164
TABLE 133AMERICAN PRECISION PRODUCTS: COMPANY OVERVIEW164
11.2.7D&M PLASTICS, LLC165
TABLE 134D&M PLASTICS, LLC: COMPANY OVERVIEW165
11.2.8KNIGHTSBRIDGE PLASTICS INC.165
TABLE 135KNIGHTSBRIDGE PLASTICS INC.: COMPANY OVERVIEW165
11.2.9VEEJAY PLASTIC INJECTION MOLDING COMPANY166
TABLE 136VEEJAY PLASTIC INJECTION MOLDING COMPANY: COMPANY OVERVIEW166
11.2.10MICROSYSTEMS UK166
TABLE 137MICROSYSTEMS UK: COMPANY OVERVIEW166
11.2.11MATRIX PLASTIC PRODUCTS167
TABLE 138MATRIX PLASTIC PRODUCTS: COMPANY OVERVIEW167
11.2.12YOMURA TECHNOLOGIES, INC.167
TABLE 139YOMURA TECHNOLOGIES, INC.: COMPANY OVERVIEW167
12ADJACENT & RELATED MARKETS168
12.1INTRODUCTION168
12.2LIMITATIONS168
12.3PLASTIC INJECTION MOLDING MACHINE MARKET168
12.3.1MARKET DEFINITION168
12.3.2MARKET OVERVIEW169
12.4PLASTIC INJECTION MOLDING MACHINE MARKET, BY REGION169
TABLE 140PLASTIC INJECTION MOLDING MACHINE MARKET, BY REGION, 2016–2019 (USD MILLION)169
TABLE 141PLASTIC INJECTION MOLDING MACHINE MARKET, BY REGION, 2020–2025 (USD MILLION)169
TABLE 142PLASTIC INJECTION MOLDING MACHINE MARKET, BY REGION, 2016–2019 (UNITS)170
TABLE 143PLASTIC INJECTION MOLDING MACHINE MARKET, BY REGION, 2020–2025 (UNITS)170
12.4.1NORTH AMERICA171
TABLE 144NORTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (USD MILLION)171
TABLE 145NORTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (USD MILLION)171
TABLE 146NORTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (UNITS)171
TABLE 147NORTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (UNITS)172
12.4.2EUROPE172
TABLE 148EUROPE: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (USD MILLION)172
TABLE 149EUROPE: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (USD MILLION)173
TABLE 150EUROPE: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (UNITS)173
TABLE 151EUROPE: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (UNITS)173
12.4.3ASIA PACIFIC174
TABLE 152ASIA PACIFIC: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (USD MILLION)174
TABLE 153ASIA PACIFIC: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (USD MILLION)174
TABLE 154ASIA PACIFIC: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (UNITS)175
TABLE 155ASIA PACIFIC: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (UNITS)175
12.4.4MIDDLE EAST & AFRICA175
TABLE 156MIDDLE EAST & AFRICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (USD MILLION)176
TABLE 157MIDDLE EAST & AFRICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (USD MILLION)176
TABLE 158MIDDLE EAST & AFRICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (UNITS)176
TABLE 159MIDDLE EAST & AFRICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (UNITS)177
12.4.5SOUTH AMERICA177
TABLE 160SOUTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (USD MILLION)177
TABLE 161SOUTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (USD MILLION)178
TABLE 162SOUTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2016–2019 (UNITS)178
TABLE 163SOUTH AMERICA: PLASTIC INJECTION MOLDING MACHINE MARKET, BY COUNTRY, 2020–2025 (UNITS)178
13APPENDIX179
13.1DISCUSSION GUIDE179
13.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL182
13.3CUSTOMIZATION OPTIONS184
13.4RELATED REPORTS184
13.5AUTHOR DETAILS185