Micro Injection Molded Plastic Market Report: Trends, Forecast and Competitive Analysis to 2030

Micro Injection Molded Plastic Trends and Forecast

The future of the global micro injection molded plastic market looks promising with opportunities in the medical, automotive, optic, and electronic markets. The global micro injection molded plastic market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 11.3% from 2024 to 2030. The major drivers for this market are significantly growing automotive sector, increasing demand from medical applications, and rising demand for lightweight and compact products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Micro Injection Molded Plastic by Segment

The study includes a forecast for the global micro injection molded plastic by material type, application, and region.

Micro Injection Molded Plastic Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Liquid-Crystal Polymer (LCP)
• Polyether Ether Ketone (PEEK)
• Polycarbonate (PC)
• Polyethylene (PE)
• Polyoxymethylene (POM)
• Polymethyl Methacrylate (PMMA)
• Polyetherimide (PEI)
• Polybutylene Terephthalate (PBT)
• Others

Micro Injection Molded Plastic Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Medical
• Automotive
• Optics
• Electronics
• Others

Micro Injection Molded Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Micro Injection Molded Plastic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies micro injection molded plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the micro injection molded plastic companies profiled in this report include-

• Accumold
• Isometric Micro Molding
• Makuta Micro Molding
• Precimold
• MTD Micro Molding
• Microsystems Precision Medical Moulds
• Veejay Plastics Injection Molding

Micro Injection Molded Plastic Market Insights

Lucintel forecasts that polycarbonate (PC) will remain the largest segment over the forecast period due to its growing usage in modern medical devices, micro components for electric vehicles, and various components for the electronics industry.

Within this market, medical will remain the largest segment.

APAC is expected to witness the highest growth over the forecast period due to growing population, rapid industrialization and rising domestic demand.

Features of the Global Micro Injection Molded Plastic Market

Market Size Estimates: Micro injection molded plastic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Micro injection molded plastic market size by material type, application, and region in terms of value ($B).

Regional Analysis: Micro injection molded plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material types, applications, and regions for the micro injection molded plastic market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the micro injection molded plastic market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the micro injection molded plastic market size?

Answer: The global micro injection molded plastic market is expected to reach an estimated $2.4 billion by 2030.

Q2. What is the growth forecast for micro injection molded plastic market?

Answer: The global micro injection molded plastic market is expected to grow with a CAGR of 11.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the micro injection molded plastic market?

Answer: The major drivers for this market are significantly growing automotive sector, increasing demand from medical applications, and rising demand for lightweight and compact products.

Q4. What are the major segments for micro injection molded plastic market?

Answer: The future of the micro injection molded plastic market looks promising with opportunities in the medical, automotive, optic, and electronic markets.

Q5. Who are the key micro injection molded plastic market companies?

Answer: Some of the key micro injection molded plastic companies are as follows:

• Accumold
• Isometric Micro Molding
• Makuta Micro Molding
• Precimold
• MTD Micro Molding
• Microsystems Precision Medical Moulds
• Veejay Plastics Injection Molding

Q6. Which micro injection molded plastic market segment will be the largest in future?

Answer: Lucintel forecasts that polycarbonate (PC) will remain the largest segment over the forecast period due to its growing usage in modern medical devices, micro components for electric vehicles, and various components for the electronics industry.

Q7. In micro injection molded plastic market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period due to growing population, rapid industrialization and rising domestic demand.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the micro injection molded plastic market by material type (liquid-crystal polymer (LCP), polyether ether ketone (PEEK), polycarbonate (PC), polyethylene (PE), polyoxymethylene (POM), polymethyl methacrylate (PMMA), polyetherimide (PEI), polybutylene terephthalate (PBT), and others), application (medical, automotive, optics, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?