The global 2-shot Injection Molding market garnered revenue around USD 7.97 Billion in 2019 and projected to reach USD 14.67Billion in 2027, with at a compound annual growth rate of 7% throughout the estimate period from 2020 to 2027.
2-shot injection molding in this report is defined as the molding process, wherein a single injection molding machine and a single injection mold is used to form a part with two or more polymer resins within one cycle. 2-shot injection molding enables production of highly precise parts with high level of repeatability using a single tool. Generally, compatible polymer pairs are used to mold more product parts while incompatible polymer pairs are also used to manufacture parts such as articulated joints and hinges.
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Rigid thermoplastics are usually molded with soft elastomers. The commonly used thermoplastics are PP, PC, Nylons & ABS while the most commonly used elastomers are Silicones and TPE’s.
In 2-shot injection molding, as two component parts are manufactured in a single operation, the need for expensive secondary joining or assembly processes are eliminated. Further, the rate of rejection of components manufactured by 2-shot injection molding is low, as chances of misalignment between two components, as seen in traditional inserts or over molding processes, are less
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the 2-shot Injection Molding market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the 2-shot Injection Molding market growth.
The global 2-shot Injection Molding market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Rogan Corporation, Bemis Manufacturing Company, Nyloncraft, Inc., Gemini Group, Inc. Biomedical Polymers Inc., Carclo Technical Plastics, Yomura Technologies and Evco Plastics.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Product – Polypropylene, Polycarbonate, Acrylonitrile Butadiene Styrene (ABS), Polystyrene, Other Plastics (Nylon and PBT), Silicones, Styrene-Butadiene Rubber (SBR), Thermoplastic Elastomers (TPE), and Other Elastomers (Natural Rubber and Nitrile Rubber);
Application – Medical, Automotive, Consumer Goods, Electrical & Electronics, Industrial, and Packaging)
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
Rest of EU
• Asia Pacific
Rest of APAC
• Central & South America
Rest of Central & South America
• Middle East and Africa
Rest of MEA
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