Market Overview:
The global mould base socket market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for moulds from various end-use industries, such as medical care, chemical industry, food and architecture. In addition, the growing demand for high-quality products is also contributing to the growth of this market. Based on type, the global mould base socket market can be segmented into 1 X, 3 X, 6 X 9 X and other types. Among these types, 1X sockets are expected to witness highest growth during the forecast period owing to their low cost and easy installation process. Based on application, the global mould base socket market can be segmented into medical care; chemical industry; food; architecture; and other applications.
Product Definition:
A mould base socket is a receptacle machined into the surface of a moulding die for the reception of a core. It is important because it provides support for the core and aligns it with the cavity in the die.
1 X:
1 X is a mold base socket, which is used in the manufacturing of automotive and industrial equipment. It has applications in various industries such as construction, medical devices & equipment and aerospace. The growth factor for 1 X mold base sockets market is high demand from the automotive industry due to its ability to provide an airtight seal around fasteners with minimum movement or play during installation.
3 X:
3 X is a mold base design that provides the maximum strength and rigidity to the structure. It’s major application areas are in manufacturing industries, where heavy machinery is used for production processes. 3 X designs provide stability to heavy machinery without using any fasteners which makes it more cost-effective as compared to other conventional methods of providing stability such as bolting connections.
The global market for 3 X.
Application Insights:
The architecture application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The global demand for concrete has increased significantly owing to various government initiatives encouraging urban development. Concrete is a composite material, which consists of small stones embedded into a polymeric matrix. This composite material is used in numerous applications including buildings, roads and bridges, as well as other structures such as parking facilities and retaining walls.
Mould base socket provides enhanced durability against vibration & shock resistance due to its design with high-performance steel alloy materials that are corrosion resistant & have excellent wear properties allowing easy release of the part from the die during removal or installation of parts on different machines & equipment components making it an ideal product choice for use in various architectural applications across construction sites, manufacturing plants, airports etc., globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing industrialization and rapid urbanization in emerging economies, such as China, India, and Indonesia. In addition, rising disposable income levels are anticipated to fuel product demand in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of 24% in 2017 owing to high product penetration across various end-use industries including medical care and architecture. The presence of major manufacturers coupled with well-established distribution channels is likely to support market growth over the next eight years.
North America also held a significant market share due its large geriatric population base that requires long term care solutions thereby driving demand for supportive products such as base sockets & accessories Over 90% of all orthopedic surgeries were performed on site using moulded components made from socket bases until recently when metal casting has been largely replaced by injection molding technology worldwide (Ortho castings).
Growth Factors:
- Increasing demand for plastic products: The global consumption of plastics is expected to grow at a CAGR of 5.8% from 2016 to 2021. This will lead to an increase in the demand for mould base sockets, as they are used in the manufacture of plastic products.
- Growing automotive industry: The global automotive industry is projected to grow at a CAGR of 4% from 2016 to 2021. This will lead to an increase in the demand for mould base sockets, as they are used in the manufacture of automotive parts and components.
- Rising disposable income: The disposable income of consumers is increasing globally, which is leading them to spend more on luxury items such as cars and appliances that require mould base sockets for their production process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mould Base Socket Market Research Report
By Type
1 X, 3 X, 6 X, 9 X, Other
By Application
Medical Care, Chemical Industry, Food, Architecture, Other
By Companies
Nobilium, Fino, BEGO, YiXun Industrial, KLAK, Dongguan Xinrui Precision Mold, Dongguan MingYi Mold Parts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Mould Base Socket Market Report Segments:
The global Mould Base Socket market is segmented on the basis of:
Types
1 X, 3 X, 6 X, 9 X, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Care, Chemical Industry, Food, Architecture, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nobilium
- Fino
- BEGO
- YiXun Industrial
- KLAK
- Dongguan Xinrui Precision Mold
- Dongguan MingYi Mold Parts
Highlights of The Mould Base Socket Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1 X
- 3 X
- 6 X
- 9 X
- Other
- By Application:
- Medical Care
- Chemical Industry
- Food
- Architecture
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mould Base Socket Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mould Base Socket is a type of socket that has a moulded base. This makes it easier to grip and prevents the socket from becoming loose or wobbling during use.
Some of the key players operating in the mould base socket market are Nobilium, Fino, BEGO, YiXun Industrial, KLAK, Dongguan Xinrui Precision Mold, Dongguan MingYi Mold Parts.
The mould base socket market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mould Base Socket Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mould Base Socket Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mould Base Socket Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mould Base Socket Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mould Base Socket Market Size & Forecast, 2018-2028
4.5.1 Mould Base Socket Market Size and Y-o-Y Growth
4.5.2 Mould Base Socket Market Absolute $ Opportunity
Chapter 5 Global Mould Base Socket Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mould Base Socket Market Size Forecast by Type
5.2.1 1 X
5.2.2 3 X
5.2.3 6 X
5.2.4 9 X
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mould Base Socket Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mould Base Socket Market Size Forecast by Applications
6.2.1 Medical Care
6.2.2 Chemical Industry
6.2.3 Food
6.2.4 Architecture
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mould Base Socket Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mould Base Socket Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mould Base Socket Analysis and Forecast
9.1 Introduction
9.2 North America Mould Base Socket Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mould Base Socket Market Size Forecast by Type
9.6.1 1 X
9.6.2 3 X
9.6.3 6 X
9.6.4 9 X
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mould Base Socket Market Size Forecast by Applications
9.10.1 Medical Care
9.10.2 Chemical Industry
9.10.3 Food
9.10.4 Architecture
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mould Base Socket Analysis and Forecast
10.1 Introduction
10.2 Europe Mould Base Socket Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mould Base Socket Market Size Forecast by Type
10.6.1 1 X
10.6.2 3 X
10.6.3 6 X
10.6.4 9 X
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mould Base Socket Market Size Forecast by Applications
10.10.1 Medical Care
10.10.2 Chemical Industry
10.10.3 Food
10.10.4 Architecture
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mould Base Socket Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mould Base Socket Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mould Base Socket Market Size Forecast by Type
11.6.1 1 X
11.6.2 3 X
11.6.3 6 X
11.6.4 9 X
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mould Base Socket Market Size Forecast by Applications
11.10.1 Medical Care
11.10.2 Chemical Industry
11.10.3 Food
11.10.4 Architecture
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mould Base Socket Analysis and Forecast
12.1 Introduction
12.2 Latin America Mould Base Socket Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mould Base Socket Market Size Forecast by Type
12.6.1 1 X
12.6.2 3 X
12.6.3 6 X
12.6.4 9 X
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mould Base Socket Market Size Forecast by Applications
12.10.1 Medical Care
12.10.2 Chemical Industry
12.10.3 Food
12.10.4 Architecture
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mould Base Socket Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mould Base Socket Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mould Base Socket Market Size Forecast by Type
13.6.1 1 X
13.6.2 3 X
13.6.3 6 X
13.6.4 9 X
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mould Base Socket Market Size Forecast by Applications
13.10.1 Medical Care
13.10.2 Chemical Industry
13.10.3 Food
13.10.4 Architecture
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mould Base Socket Market: Competitive Dashboard
14.2 Global Mould Base Socket Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nobilium
14.3.2 Fino
14.3.3 BEGO
14.3.4 YiXun Industrial
14.3.5 KLAK
14.3.6 Dongguan Xinrui Precision Mold
14.3.7 Dongguan MingYi Mold Parts
