Press release
Hot Runner Market Worth $5,241.5 Million by 2026 | by Type, Application
Hot Runner Market
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Hot runner systems are used for reducing wastage of plastic material that arise in the injection molding process. The utilization of a hot runner system increases molding efficiency by offering reduced cycle time, and decrease in labor, material, and energy costs. It also adds significantly to consistency and quality of part, and permits additional flexibility for molding automation. In addition, the global hot runner market is mainly propelled by the rise in demand for optimal quality injection-molded parts from numerous end-use industries such as the consumer goods, packaging, automotive, and others.
Moreover, various innovative technologies are established based on hot runner system that includes the PET pre-formed process, stack mold, multi-material shot, and multi-color shot. Further, hot runner market growth in application of valve gate hot runner in varied industries such as automotive and electronic owing to its ability to produce large number of optimal quality parts is estimated to fuel the development of the global hot runner industry.
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Key Players
Barnes Group Inc.
CACO Pacific Corporation
EWIKON Molding Technologies, Inc.
Fast Heat UK Limited
Fisa Corporation
Günther Heisskanaltechnik
Husky Injection Molding Systems Ltd.
INCOE Corporation
INglass Group
Milacron Inc.
Seiki Corporation
Yudo Group
Hot Runner Key Market Segment:
By Type
Valve gate hot runner
Open gate hot runner
By Application
Automotive Industry
Electronic Industry
Medical Industry
Packaging Industry
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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