Market Overview:
The global polymer and thermoplastic micro molding market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturized medical devices and rising awareness about the benefits of using miniaturized devices. Based on type, the global polymer and thermoplastic micro molding market is segmented into PEEK, PVC, PE, and others. The PEEK segment is expected to account for the largest share of the global polymer and thermoplastic micro molding market in 2018. This segment is projected to grow at a CAGR of 8% from 2018 to 2030. The PVC segment is projected to grow at a CAGR of 7% from 2018to 2030 due its properties such as biocompatibility, chemical resistance, low smoke generation, etc.
Product Definition:
A polymer is a large molecule composed of repeating structural units. Thermoplastic micro molding is the process of manufacturing small, complex parts from thermoplastic materials using tiny molds. The importance of polymer and thermoplastic micro molding lies in its ability to produce high-quality parts with intricate features in very low quantities. This makes it an ideal manufacturing process for prototype and short-run parts, as well as medical devices and other highly specialized applications.
PEEK:
PEEK, which is short for Polyether Ether Ketone, is a polymer with unique properties. It has low density and high thermal stability making it ideal for applications where high temperature resistance is required. PEEK also offers excellent creep resistance and good fatigue strength owing to its unique molecular structure. These factors make it suitable in molding applications as well as provide avenues for market growth over the forecast period.
PVC:
Polyvinyl Chloride (PVC) is a thermoplastic polymer that is widely used in the production of plastic goods such as films, tubing, and pipes. It has high resistance to chemicals and abrasion along with excellent flexibility. PVC can be extruded, cast or molded into any shape or size.
Application Insights:
Therapeutic devices segment dominated the global market in 2017. This is attributed to increasing number of product approvals for various medical applications, such as drug delivery systems and implants. For instance, in June 2017, Polymer Technology Group announced that it has received U.S. FDA approval for its PTCR Molding Automated System (MAS). The device is aimed at reducing the risks of embolization during catheter procedures by reducing the risk of blockage or migration of blood clots downstream from a vascular system implant site with its polypropylene micro-molded components.
Diagnostic devices are expected to grow significantly over forecast period owing to rising demand for body worn cameras and other police equipment along with security personnel protective gear including ballistic shields.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position through the forecast period owing to increasing demand for medical devices and growing pharmaceutical industry. In addition, rising disposable income of consumers and improving healthcare infrastructure are also likely to contribute toward growth over the coming years.
Europe accounted for a significant share in terms of revenue as well as volume in 2017 due mainly to high demand from automotive sector especially Germany, UK, France and Italy. These countries have stringent regulations regarding fuel emissions which has led major automobile manufacturers including Volkswagen Group; BMW AG; Mercedes-Benz AG; Fiat Chrysler Automobiles N.V.; Ford Motor Company etc.
Growth Factors:
- Increasing demand for miniaturization in various industries
- Growing trend of lightweight and compact products
- Proliferation of 3D printing technology
- Rising popularity of polymer-based composites
- Technological advancements in micro molding process
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymer and Thermoplastic Micro Molding Market Research Report
By Type
PEEK, PVC, PE, Others
By Application
Therapeutic Devices, Diagnostic Devices
By Companies
SMC, BMP Medical, Stamm, MicroPEP, MTD Micro Molding, PEXCO, Sovrin Plastics, Accumold, Microsystems, Mikrotech, SMC, Makuta Technics, Stack Plastics, Precimold, American Precision Products, Rapidwerks
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Polymer and Thermoplastic Micro Molding Market Report Segments:
The global Polymer and Thermoplastic Micro Molding market is segmented on the basis of:
Types
PEEK, PVC, PE, Others
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
Therapeutic Devices, Diagnostic Devices
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:
- SMC
- BMP Medical
- Stamm
- MicroPEP
- MTD Micro Molding
- PEXCO
- Sovrin Plastics
- Accumold
- Microsystems
- Mikrotech
- SMC
- Makuta Technics
- Stack Plastics
- Precimold
- American Precision Products
- Rapidwerks
Highlights of The Polymer and Thermoplastic Micro Molding 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:
- PEEK
- PVC
- PE
- Others
- By Application:
- Therapeutic Devices
- Diagnostic Devices
- 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 Polymer and Thermoplastic Micro Molding 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?
Polymer and thermoplastic micro molding are two types of manufacturing processes that use small, precise molds to create objects. In polymer micro molding, a liquid polymer is injected into the mold cavity, where it hardens and forms the object's shape. Thermoplastic micro molding uses a heated plastic sheet as the substrate for forming objects.
Some of the key players operating in the polymer and thermoplastic micro molding market are SMC, BMP Medical, Stamm, MicroPEP, MTD Micro Molding, PEXCO, Sovrin Plastics, Accumold, Microsystems, Mikrotech, SMC, Makuta Technics, Stack Plastics, Precimold, American Precision Products, Rapidwerks.
The polymer and thermoplastic micro molding market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polymer and Thermoplastic Micro Molding 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 Polymer and Thermoplastic Micro Molding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polymer and Thermoplastic Micro Molding 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 Polymer and Thermoplastic Micro Molding 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 Polymer and Thermoplastic Micro Molding Market Size & Forecast, 2020-2028
4.5.1 Polymer and Thermoplastic Micro Molding Market Size and Y-o-Y Growth
4.5.2 Polymer and Thermoplastic Micro Molding Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PEEK
5.2.2 PVC
5.2.3 PE
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Therapeutic Devices
6.2.2 Diagnostic Devices
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymer and Thermoplastic Micro Molding 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 Polymer and Thermoplastic Micro Molding 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PEEK
9.6.2 PVC
9.6.3 PE
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Therapeutic Devices
9.10.2 Diagnostic Devices
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PEEK
10.6.2 PVC
10.6.3 PE
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Therapeutic Devices
10.10.2 Diagnostic Devices
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PEEK
11.6.2 PVC
11.6.3 PE
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Therapeutic Devices
11.10.2 Diagnostic Devices
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PEEK
12.6.2 PVC
12.6.3 PE
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Therapeutic Devices
12.10.2 Diagnostic Devices
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PEEK
13.6.2 PVC
13.6.3 PE
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Therapeutic Devices
13.10.2 Diagnostic Devices
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 Polymer and Thermoplastic Micro Molding Market: Competitive Dashboard
14.2 Global Polymer and Thermoplastic Micro Molding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SMC
14.3.2 BMP Medical
14.3.3 Stamm
14.3.4 MicroPEP
14.3.5 MTD Micro Molding
14.3.6 PEXCO
14.3.7 Sovrin Plastics
14.3.8 Accumold
14.3.9 Microsystems
14.3.10 Mikrotech
14.3.11 SMC
14.3.12 Makuta Technics
14.3.13 Stack Plastics
14.3.14 Precimold
14.3.15 American Precision Products
14.3.16 Rapidwerks
