Uploaded on May 3, 2019
Micro-molding Materials Market
Micro-molding Materials Market
Micro-molding Materials Market to Witness a Pronounce Growth During 2018 –
2026
Molding is the process of manufacturing by shaping liquid or raw material using a rigid frame
called a mold. Injection molding is a manufacturing process for producing parts by injecting
material into a mold. Injection molding can be carried out using materials such as metals, glass,
elastomers, ceramics, and thermoplastic & thermosetting polymers. Micro-molding is defined as a
unique injection molding process, which requires specialized molding machine capable of
delivering uniform melt temperature, high injection speed and pressure, accurate shot control, and
ultrafine resolution using servo-electric drives and sophisticated controls. Micro-molding is a very
specialized, precision injection molding technique geared specifically to mold micro-miniature
components. It is one of the key technology for micro-manufacturing due to its mass production
capability and relatively low production cost.
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Micro-molding Materials Market Outlook – Rising Demand from Medical & Healthcare End-use
Segment to Fuel Market Growth
In the medical & healthcare industry, micro-molding is used to manufacture parts such as catheter
tips, micro-optics, sensors, tubes, and implants. Micro-molding products are now replacing
machining molding products at a high rate. The increasing trend of small devices combined with
increase in number of slightly invasive surgeries is enhancing demand for micro parts from
medical device manufacturers. The important factor for the increasing use of micro-molding than
machine molding is cost savings. Micro-molding takes very less time to mold the parts and
consumes very less cost raw materials compared to machining, hence results in high cost savings.
Low awareness in emerging economies such as Asia Pacific and Middle East & Africa is expected
to be one of the restraining factors for growth of micro-molding materials market over the
forecast period. However, the scenario is expected to change in the near future, with key players
focusing on tapping into this highly lucrative market, especially in highly populous countries of
India and China. Rampant economic growth in these countries and burgeoning growth of end-use
industries would position these as key markets in the not-so-distant future. Some of the major
companies operating in the global micro-molding materials market are Precimold Inc, Accumold,
Micromold Inc, Stack Plastics, American Precision Products, ALC Precision, Micromolding
Solutions, Micro Precision Products, American Precision Products, Stamm, Makuta Technics,
Sovrin Plastics, Rolla AG, and Rapidwerks.
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Micro-molding Materials Market Taxonomy
On the basis of type of tooling process/equipment, the global market is segmented into:
•LIGA
•Laser Micromachining
•EDM (Electrical Discharge Machining)
On the basis of materials, the global market is segmented into:
•Polycarbonate
•Polysulfone
•Polyamide (NYLON)
•Polyethylene
•Polyoxymethylene (POM)
•Polylactic acid
•Polyetheretherketone (PEEK)
•Polymethylmethacrilate (PMMA)
•Polyetherimide (Ultem)
•Liquid Crystal Polymers
•ABS
•VECTRA
•Others
On the basis of end use industry, the global market is segmented into:
•Aerospace
•Automotive
•Micro Switches
•Connectors
•Airbag Sensors
•Computer
•Connectors
•Printer Ink Heads
•Others
•Electronics (Micro-parts)
•GF-Transmission (Connectors)
•Medical & Healthcare
•Hearing Aids
•Sensors
•Implants
•Tubes
•Catheter Tips
•Others
•Micromechanics
•Micro engine
•Rotators
•Others
•Military
•Micro Optics
•Lenses
•Displays
•Sensors (Airbag Sensors)
•Telecommunication
•Fiber Optics Connectors
•Others
•Watches
•Cog-wheels
•Micro Gears
The advent of nanotechnology has led to rampant implementation of miniaturization across
various industries. This calls for manufacture of very small components to fit into small circuitry,
channel the smaller fiber optic light source, or control the smallest droplet. The growing
advancements in medical applications, micro-implants, micro-sensors, and nanotechnology are the
key applications for the use of micro-molding materials. For this, there is a huge development
going in the field of processes and equipment used for micro-molding. The key process/equipment
used are LIGA, Laser Micro Machining, and Electrical Discharge Machining (EDM).
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