Welcome!

News Feed Item

Polymer and Thermoplastic Micro Molding Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2019

DUBLIN, February 15, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/99srd5/polymer_and) has announced the addition of the "Polymer and Thermoplastic Micro Molding Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2019" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

Micro injection molding, as the name suggests, is a molding process which requires a specific molding machine with high injection pressure and speed, precise shot control, and ultra fine resolution for molding small sized tools and parts. This technique is used for the development of small or micro products that require precise specifications. Micro injection molding is usually done for the parts that are designed with weight less than a milligram and size less than 1mm. Use of this technique is not limited to only small parts but may be used for large products which require micro sized features such as thickness, diameter hole, etc. 

Silicone is the major raw material used for micro molding, owing to its physical and chemical properties. However, silicone is costly and impacts the profitability of molders. In order to reduce manufacturing cost, polymers came into existence in the 90s. Polymer based micro molded products find applications in almost all of the application areas where silicones are being used. Polymers are further classified as thermosets, thermoplastics and elastomers out of which thermoplastics are majorly used for various applications in end-use industries.

In the medical industry, micro injection molding is conducted to manufacture parts such as sensors, implants, tubes, catheter tips, micro optics and others. Molded products are slowly replacing machined components that have been used traditionally in the industry. The growing trend of small devices coupled with increasing number of minimally invasive surgeries per day has been boosting the demand for micro sized parts from medical device manufacturers. The key advantage of micro injection molding over micromachining is cost savings. Micro injection molding takes a fraction of time to mold the components and utilizes low cost raw materials compared to machining and results in high cost savings. 

Medical and healthcare applications dominated thermoplastics micro molding market and accounted for 35% of the total market in 2012. The rapid development of micro fluidics technology mainly in North America and Europe is expected to drive the market for micro molding in medical and healthcare over the forecast period. Micro molding is used for manufacturing micro connectors in telecom fiber optics. Telecom fiber optics application is expected to exceed USD 95 million by 2019. Micro molding is used for manufacturing micro switches, connectors and airbag sensors in the automotive industry. It is expected to grow at an estimated CAGR of nearly 14% from 2013 to 2019. Global thermoplastic micro molding demand from drive systems and control is expected to reach over USD 89 million by 2019. 

Key Topics Covered: 

1 Preface
2 Executive Summary
3 Micro Molding - Industry Analysis
4 Thermoplastic Micro Molding Market - Application Analysis
5 Micro Molding Market - Regional Analysis
6 Company Profiles

Companies Mentioned:

  • ALC Precision (American Laubsher Corp) NY
  • Accu-Mold LLC
  • American Precision Products
  • Makuta Technics Inc
  • Micromolding Solutions Inc
  • Precimold Incorporation
  • Sovrin Plastics
  • Stack Plastics Inc
  • Stamm AG

For more information visit http://www.researchandmarkets.com/research/99srd5/polymer_and

Media Contact: Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will discuss the vast to...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...