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Micro Injection Molded Plastic Market Share

Report ID: GMI7215
Published Date: Oct 2023
Report Format: PDF

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Micro Injection Molded Plastic Market Share

Major players operating in the micro injection molded plastic industry include:

3M
Isometric Micro Molding, Inc.
MTD Micro Molding
Sil-Pro, LLC
Makuta Technics Inc.
BMP Medical
Rapidwerks

BASF SE and Isometric Micro Molding, Inc.are dominant players in the micro injection molded plastic business due to their vast product portfolio. BASFs ecosystem integration, along with consistent innovation, have attracted millions of customers. Their brand recognition and exclusive content deals solidify their leadership in the highly competitive market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for micro injection molded plastic was USD 1.2 billion in 2023 and will register over 11% CAGR from 2024-2032 due to the growing need for micro-molded plastic components to fit within tight spaces, including within components for smartphones, wearable devices, medical devices, etc.

Micro injection molded plastic industry from the polycarbonate material segment reached USD 0.3 billion in 2022 on account of its optical clarity and high light transmission properties, making it ideal for applications where transparency is essential.

North America micro injection molded plastic industry recorded USD 0.2 billion in 2022 and is expected to register a significant CAGR from 2023-2032 owing to the growing aging population and the demand for medical devices, diagnostics, and drug delivery systems in the region.

3M, Isometric Micro Molding, Inc., MTD Micro Molding, Sil-Pro, LLC, Makuta Technics Inc., BMP Medical, and Rapidwerks, are some of the major micro injection molded plastic companies worldwide.