Press release
2-Shot Injection Molding Market To Be At Forefront By 2024
By the end of 2024, the global 2-shot injection molding market could arrive at a valuation of around US$11.5 bn from US$6.6 bn in 2015, according to TMR. Between 2016 and 2024, the market could expand at a 6.5% CAGR. As per application analysis, the medical market for 2-shot injection molding has been envisioned to rise with an approximate 25.8% share by the concluding forecast year after having acquired a dominant share in 2015. Geographically, Europe could be at the helm of the market with a 33.9% share expected to be achieved by the same year.
Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18512
Among top players, Gemini Group, Inc., Paragon Rapid Technologies Limited, Nyloncraft, Inc., and Rogan Corporation could secure a leading position in the global 2-shot injection molding market. As per the analysis of the report’s lead author, players have been projected to take to improving their production volume for staying relevant in the market. Moreover, there could a high focus on shortening the lead time to showcase competitiveness.
Accurate Repeatability, Precise Production Using Single Tool Enhance Adoption
The production of remarkably precise parts could be ensured with the implementation of 2-shot injection molding warranting exact repeatability using merely a single tool. With this advantage in view, 2-shot injection molding could prove to be vital for encouraging original equipment manufacturers (OEMs) to design and develop an increasingly more count of products. As a result, there could be an augmenting adoption of the process across the world. The growth of the world 2-shot injection molding market has been forecasted to be boosted significantly on the back of another advantage, i.e. cost reduction. This could be achieved with execution of a single operation for producing two component parts.
Request to view PDF Brochure of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18512
Expensive Equipment Cost, Initial Investments Dampen Demand
One of the main impediments of growth in the international 2-shot injection molding market has been anticipated to be the exorbitant cost of tools and equipment in comparison with that of those used in conventional molding. Furthermore, manufacturers could be discouraged to adopt 2-shot injection molding in their production processes due to considerably extortionate initial investment costs. The restricted choices of material pairs that could be used for 2-shot injection molding have been predicted to stymie the market.
However, the analysts have expected some unswerving prospects to show face in the international 2-shot injection molding market. These could be in the form of rising government pressure to recycle plastics. OEMs could be encouraged to increase the adoption of 2-shot injection molding as tight government regulations compel industries to recycle materials. A chief advantage of implementing 2-shot injection molding is that the core of any two component parts could be derived from recycled plastic while doing away with any change in its property or appearance. In this regard, the elevating uptake of recycled plastic has been prophesied to bode well for the market.
The information presented in this review is based on a TMR report, titled “2-shot Injection Molding Market (Product – Polypropylene, Polycarbonate, Acrylonitrile Butadiene Styrene (ABS), Polystyrene, Plastics (Nylon and PBT), Silicones, Styrene-Butadiene Rubber (SBR), Thermoplastic Elastomers (TPE), and Elastomers (Natural Rubber and Nitrile Rubber); Application – Medical, Automotive, Consumer Goods, Electrical and Electronics, Industrial, and Packaging) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2-Shot Injection Molding Market To Be At Forefront By 2024 here
News-ID: 1172656 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
