Micro Injection Molding Market Share Soars Amidst Growing Demand 2030
The global micro injection molding market, which achieved a valuation of US$ 2.24 billion in 2019, is on the brink of a promising surge in growth in the forthcoming years. This dynamic market is being propelled by a combination of factors, including heightened demand from the medical sector, burgeoning developments within the automotive industry, and a shift towards electric vehicles (EVs). While challenges persist, the markets potential remains substantial.
Market Overview
The micro injection molding markets trajectory is significantly influenced by the burgeoning demand from the medical sector. Medical applications, including catheters, syringes, surgical instruments, and implants, are increasingly relying on micro injection molding for the production of intricate and precise plastic com...
