2-Shot Injection Molding Market Size AndForecast
2-ShotInjection Molding Market is growing at a moderate pace with substantial growthrates over the last few years and is estimated that the market will growsignificantly in the forecasted period i.e. 2021 to 2028.
Thegrowth of the automobile industry, industrial machinery, building andconstruction, etc. which employ products produced from the 2-Shot InjectionMolding machine are expected to be the key drivers behind the growth of 2-ShotInjection Molding machine market. The Global 2-Shot Injection Molding Marketreport provides a holistic evaluation of the market. The report offers a comprehensiveanalysis of key segments, trends, drivers, restraints, competitive landscape,and factors that are playing a substantial role in the market.
Global2-Shot Injection Molding Market Definition
2-shotinjection molding or double injection molding is a manufacturing process inwhich two different types of plastic resins are used to mold a part in a singleoperation cycle. The two types can be two plastic of different color ordifferent types i.e. hard and soft plastic which are molded in a single part.
Global 2-Shot Injection Molding Market Overview
Inthe report, the market outlook section mainly encompasses fundamental dynamicsof the market which include drivers, restraints, opportunities and challengesfaced by the industry. Drivers and restraints are intrinsic factors whereasopportunities and challenges are extrinsic factors of the market.
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2-ShotInjection Molding Machine has additional benefits over the conventional moldingmachines including increased durability of parts, complex designs, parts withenhanced aesthetics and appearance, and higher quality. The machine also allowshigh repeatability which makes it suitable to mold different types of parts andis preferred in mass production to maintain consistent quality. Also, with theability to produce complex parts at a lower cost, these machines are used tomold parts like handle grips for heavy-duty power tools, electric toothbrushes,switches, knobs, movable components, vibration, and dampening components, amongothers.
Thus,it finds applications in many industries including automobiles where it is usedto produce components like lever caps, mounting fixtures, battery components,etc. which demand durability with aesthetic appeal. Similarly, the growth ofthe healthcare sector due to the rise in the number of hospitals combined withthe rise in the aging population has increased the demand for dental productsand medical products like medical packaging, medical instruments, medicaldevices like syringes, orthopedic devices etc. which are produced using 2-Shot InjectionMolding. Hence, industries
manufacturingthese components are adopting 2-Shot Injection Molding Machines on a largescale. Similarly, the growth of the automobile industry, industrial machinery,building and construction etc. which employ products produced from 2-ShotInjection Molding machines are further expected to be the key drivers behindthe growth of 2-Shot Injection Molding Market.
VerifiedMarket Research narrows down the available data using primary sources tovalidate the data and use it in compiling a full-fledged market research study.The report contains a quantitative and qualitative estimation of marketelements that interests the client. The “Global 2-Shot Injection MoldingMarket” is mainly bifurcated into sub-segments that can provide classified dataregarding the latest trends in the market.
Global2-Shot Injection Molding Market: Segmentation Analysis
TheGlobal 2-Shot Injection Molding Market is Segmented on the basis of ApplicationAnd Geography.
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2-ShotInjection Molding Market, By Application
•Medical
• Automotive
• Consumer Goods
• Industrial
• Packaging
• Electrical & Electronics
Basedon Application, the market is segmented into Medical, Automotive, ConsumerGoods, Industrial, Packaging, and Electrical & Electronics.
2-ShotInjection Molding Market, By Geography
•North America
• Europe
• Asia Pacific
• Rest of the world
Onthe basis of Geography, the Global 2-Shot Injection Molding Market isclassified into North America, Europe, Asia Pacific, and the Rest of the world.
KeyPlayers In 2-Shot Injection Molding Market
The“Global 2-Shot Injection Molding Market” study report will provide a valuableinsight with an emphasis on global market including some of the major playerssuch as RoganCorporation, Bemis Manufacturing Company, Nyloncraft, Inc., Gemini Group, Inc.Biomedical Polymers Inc., Carclo Technical Plastics, Yomura Technologies, EvcoPlastics.
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