Press release
Hot Runner Market Worth $5,241.5 Million by 2026 | by Type, Application
Hot Runner Market
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Huge requirement for increasingly complex components and systems, huge acceptance of hot runner technology through the injection molding industry, progress in modular designs, and development in analysis tools are some of the major aspects fueling the development of the global hot runner industry. However, high threat of cost-effective substitutes is anticipated to impede the growth of the global hot runner market. On the contrary, technological improvements in the components sector are expected to create lucrative opportunities for the growth of the hot runner industry
Key Market Segments
The global hot runner market is segmented based on type, application, and region. Based on type, the market is segmented into valve gate hot runner and open gate valve runner. The valve gate hot runner segment is anticipated to dominate the global hot runner market throughout the study period. Based on application, the market is categorized into various industries, namely automotive, electronics, medical, packaging, and others. The automotive segment is anticipated to dominate the global hot runner market share throughout the study period.
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Geographic Review
The global hot runner market is analyzed across four regions, which include North America (U.S., Canada, and Mexico), Europe (Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific is expected to dominate the market throughout the forecast period.
Key Players
The key players profiled in hot runner market report include 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, Seiki Corporation, and Yudo Group.
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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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