Global Polymer and Thermoplastic Micro Molding Market to be Valued at US$763.6 Million by 2019
Thermoplastic micro parts are widely used in optical fibers, packaging, medicines, mechanical parts, etc. Micro molding is the technology used to manufacture these thermoplastic micro parts. The polymer and thermoplastic micro molding market offers products such as thermoplastics, thermosets, and some elastomers commonly utilized in the micro injection molding process to develop micro parts. The parts designed through micro injection molding are less than one millimeter in size and weigh less than one milligram.Global Polymer and Thermoplastic Micro Molding Market Growing at 14.2% CAGR from 2013 to 2019
In 2012, the global polymer and thermoplastic micro molding market held a valuation of US$308.0 million and is forecast to be valued at US$763.6 million by 2019. The polymer and thermoplastic micro molding market is expected to grow at a positive CAGR of 14.2% during the period between 2013 and 2019.
Get FREE PDF Brochure For More Professional And Technical Insights : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1498
The cost-effectiveness of these products has led to a rise in demand from the polymer and thermoplastic micro molding market. The increase in the number of minimally invasive surgeries (MIS) and advanced technologies in the fields of micro optics and micro fluids has further boosted the growth of the polymer and thermoplastic micro molding market. However, regions such as the Middle East, Southeast Asia, and Latin America may not contribute significantly to the growth of the polymer and thermoplastic micro molding market, due to the lack of awareness.
Demand from Medical and Healthcare Industry Drives Polymer and Thermoplastic Micro Molding Products Market
The polymer and thermoplastic micro molding market is segmented depending upon the usage of micro molding products across various industries such as automotive, medical, telecom fiber optics, micro drive systems and control, and others. In 2012, the medical and healthcare industry led the demand from the polymer and thermoplastic micro molding market. 35% of the demand for polymer and thermoplastic micro molded products came from this industry. Due to the rapid growth of micro fluidics technology, this segment of the polymer and thermoplastic micro molding market is expected to grow rapidly from 2013 to 2019.
The extensive use of micro molded products in the automotive industry is expected to cross the US$150 million mark by 2019. The rising demand for micro molding products in automotive applications can be attributed to the increase in the manufacture of automobiles throughout the world.
In the forecast period, the growth of the polymer and thermoplastic micro molding market in the telecom fiber optics segment will occur at a rapid CAGR of 13.8%, and the micro drive systems and control segment would grow at an even higher CAGR of 14%.
North America Dominates Global Polymer and Thermoplastic Micro Molding Market
Due to the high demand for micro molding products across various industries and thanks to its supportive environment for technological advancement, North America dominates the global polymer and thermoplastic micro molding market. In 2012, approximately 44% of the total revenue was contributed by North America.
In Europe, Germany alone accounts for almost half of the total polymer and thermoplastic micro molding market owing to its leading position in automobile manufacturing and increasing healthcare expenditure. The polymer and thermoplastic micro molding market in Europe is forecast to grow at a CAGR of 13.5% from 2013 to 2019. By 2019, the European polymer and thermoplastic micro molding market is expected to be valued at US$219 million.
Japan dominates the global polymer and thermoplastic micro molding market in the Asia Pacific region. The polymer and thermoplastic micro molding market in Asia Pacific is expected to grow at a CAGR of 14.8% during the forecast period.
Key Players in the Market
Some of the prominent players in the global polymer and thermoplastic micro molding market are Accumold, American Precision Products, Makuta Technics, Micromold Inc, Micromolding Solutions, Precimold Inc, Rapidwerks, Rolla AG, Stack Plastics, and Stamm and Sovrin Plastics.
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.
90 State Street, Suite 700
New York
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 Global Polymer and Thermoplastic Micro Molding Market to be Valued at US$763.6 Million by 2019 here
News-ID: 335344 • Views: …
More Releases from http://www.transparencymarketresearch.com/
Organic Electronics Hold Immense Potential in Area of Electronic Circuits and Di …
Organic electronics are a category of material science dealing with the synthesis, design, application, and characterization of organic small polymers or molecules. In recent years, the organic electronics market has been gaining traction and organic electronics now have gained multiple applications. Organic electronics have been commercialized successfully, especially in the displays segment such as in photovoltaics, smartphones display, and transistor technologies.
Detailed Description Regarding Organic Electronics Market is available at:
http://tinyurl.com/gw9ssq8
The…
Airship - Lighter-than-Air Aircraft that Navigates through Air Under its Own Pow …
The global airships market may seem that it is just beginning to brush the dust off, but the fact that global leaders such as Airborne Industries, RosAeroSystems s.r.a., GEFA-FLUG GmbH, Lindstrand Technologies, Westdeutsche Luftwerbung GmbH, Hybrid Air Vehicles Ltd., Skyship Services Inc., and Information Systems Laboratories Inc. are competing in this marketplace goes to show that there is strong scope for growth.
Information About Airships and Its Market at:
http://www.transparencymarketresearch.com/airships-market.html
Q: What…
Global Clear Brine Fluids Market to Display 6.2% CAGR from 2015 to 2023, Large-s …
A new research report published by Transparency Market Research states that the global clear brine fluids market will log a CAGR of 6.2% from 2015 to 2023. The market’s valuation, which was US$842.9 mn in 2014, will rise to US$1,444.7 mn by 2023. The title of this report is “Clear Brine Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” and it is available…
Asia Pacific Coating Resins Market to Exhibit CAGR of 7.0% between 2015 and 2023 …
Transparency Market Research has recently published a new research report that studies the Asia Pacific coating resins market in detail. The research report examines the trends and dynamics governing the overall market along with analyzing the historical data pertaining to the market. According to the report, the Asia Pacific coating resins market stood at US$15.24 bn in 2014 and is likely to reach US$27.87 bn by 2023, rising at…
More Releases for Micro
Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021.
Browse 193 market data Tables and 61 Figures spread through…
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,…
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the…
Global Micro Electric Automotive (Micro EVs) Market Growth 2019-2024
Market Research Report Store offers a latest published report on Micro Electric Automotive (Micro EVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Micro Electric Automotive (Micro EVs) market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 9062.2 million by 2024, from…
Global Micro Welding Equipments Market- Growing Popularity and Emerging Trends i …
Welding is a fusion of the two workpieces of the surface to form one, is a precise, reliable, cost-effective and high tech method for joining material. Micro welding is a process that is specifically designed for the welding of small often delicate components. It is also known as precision welding. The process sets up the weld by depositing fine blobs of weld to the components to be fused. The process…
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/108038
The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing…