Microinjection molding
is a process in which high pressure machines are required for molding tools and
parts in to miniature components. The machines used in the process should be
capable of high pressures and speed, steady melt temperature, precise shot
control and ultra fine controls. Materials used in micro molding are liquid
crystal polymers (LCP), polyester, polycarbonate and acetal among others.
Microinjection molding is used in various applications such as medical,
electronics, automotive components, watches, telecommunication, micromechanics,
optics and sensors among others. The market for polymer microinjection molding
is majorly dominated by North America. Asia Pacific and Western Europe are
anticipated to be the lucrative markets for polymer microinjection molding in
upcoming years.
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Growing demand for
polymer microinjection molding from medical & healthcare sector has been
the major driver for the growth of this market, as it is used in implants,
catheter components, hearing aids, blade holders, and dental prosthetics among
others. Other applications such as automotive, electronics and
telecommunication are likely to provide more opportunities for the polymer
microinjection molding market in the near future. Micro optics and micro fluids
are anticipated to be potential applications for polymer microinjection
molding. Growing demand for micro optics and micro fluids is expected to open
new opportunities for the growth of the market in the near future. However,
higher costs and lack of awareness about micro molding in developing countries
can act as a major restraint for the growth of the polymer microinjection
molding market.
Within the automotive
sector, polymer microinjection molding is used to manufacture connectors, micro
switches and gears. The demand for these components is high from Europe and
North America region and is likely to follow similar trend over the forecasted
period. Polymer microinjection molding is used in fiber optics connectors,
lenses and displays among others. In the fiber optics market, the technology is
used for molding components such as ceramic holder, micro connectors and optics
housing among others. Polymer microinjection molding is used to make components
such as micro gears and cog wheels which are used in making watches. Other
applications for polymer microinjection molding include micro drove control
systems, micro engines and rotators in micromechanics among others.
Asia Pacific is one of
the fastest growing markets for polymer microinjection molding. Countries such
as India and China are still in the developing phase and are likely to offer
potential growth for the polymer microinjection molding market in the upcoming
years. Some of the market players in polymer microinjection molding market are
American Laubsher Corp.(ALC Precision), Micromold Inc., Rolla AG, Precimold
Inc., Makuta Technics, Sovrin Plastics, Stamm AG, and Rapidewerks among others.
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This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
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restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
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assessed on the basis of how the market is predicted to grow
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