The market size for injection moulders in Europe is anticipated to grow from US$ 2,330.1 million in 2023 to US$ 3,481.2 million in 2033, according to Future Market Insights (FMI). Sales of injection moulders in Europe are anticipated to grow at a 4.1% CAGR during the projection period (2023–2033).
Increasing applications of injection molding across sectors such as automotive, electronics, medical device, aerospace, etc. is driving the Europe injection moulders market.
Similarly, growing demand for plastic components from various sectors will create growth prospects for the Europe moulders industry.
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Injection moulders are being used across various sectors for producing complex and precise parts in large quantities while maintaining constant quality. They enable end users to significantly improve overall productivity
Rising application of injection moulding across thriving telecommunication sector is expected to elevate injection moulder demand across Europe.
The telecommunications sector covers a wide range of products, from handheld devices to communication towers. Injection moulding is an effective method for producing parts used in the telecommunications sector, including adapters, attachments, and fiber optic cabling.
With the industry’s heavy reliance on fiber optic cables for transmitting information across the globe, injection moulding manufacturers play a crucial role in supplying the necessary plastic components to ensure reliable connectivity.
From phones to computers and beyond, injection moulding has a significant impact on the telecommunications sector’s ability to meet customer demand.
Key Players:
- Modelos Atienza Climent S L
- Upmold Company
- CVA Plastic
- Dino Brunelli S.a.s. di Giampaolo Brunelli & C.
- Nolato AB (Nolato)
- Erreka Group
- WIT MOLD LIMITED
- GEOCAD Group
- VEM TOOLING (I) PVT LTD
- Aco Mold Co Limited
- INPLASTIC
- TAIZHOU HUANGYAN JMT MOULD CO., LTD.
- HASCO Hasenclever GmbH + Co KG
- Plastisud SAS
- Entech Group UAB
Key Takeaways of Europe Injection Moulders Market
- The Europe injection moulders market size is projected to reach US$ 3,481.2 million by 2033.
- Based on material, plastic segment is forecast to hold around 4% value share of the Europe market by the end of 2033.
- By end use, automotive segment is anticipated to account for a market share of 7% in 2023.
- Germany is projected to create an incremental opportunity of US$ 255.9 million over the projection period.
- France is expected to account for about 5% market share in 2023.
- The United Kingdom is anticipated to account for around 2% share
“Injection moulders are well-suited tools for manufacturing lightweight and durable products, which are increasingly in demand in sectors such as the automotive, packaging, and medical device. Further, the increasing demand for injection moulding from telecommunication sector and increased adoption of in-mold process monitoring are expected to drive demand for injection molders through 2033.” – says an FMI analyst.
Increasing Use of Metal Injection Moulding to Support Mass Production Boosting the Target Market:
The growing demand for intricate and compact metal injection molded parts from various sectors is expected to be the primary growth driver of this market.
Manufacturing companies can take advantage of this emerging and cost-effective technology to produce components with proven advantages. Compared to other injection moulding processes, MIM offers several benefits, such as supporting mass production with high production volume while reducing production costs.
Metal injection moulding can create complex geometries with fewer manufacturing processes, reducing finishing time in secondary operations.
MIM is an ideal solution for parts with intricate shapes, low mass, and moderate to large production volumes. It finds extensive use in structural materials for applications in medical, military, hardware, electronic, and aerospace sectors.
Further, MIM is compatible with difficult-to-machine metals, such as stainless steels, cobalt-chromium alloys, and titanium alloys. Therefore, MIM technology plays a significant role in industrial transformation by facilitating the production of intricate and precise components with minimal waste, faster production times, and reduced costs.
Europe Injection Moulders Market Report
Future Market Insights (FMI), in its new report, offers an unbiased analysis of the Europe injection moulders market, analyzing historical demand from 2017 to 2022 and forecast statistics for 2023 to 2033.
The study reveals growth projections on the Europe injection moulders market based on mould type (cold runner mould and hot runner mould), material (plastic, metal, rubber, and ceramic), end use (automotive, packaging, electronics, healthcare, consumer goods, aerospace & defense, building & construction, and others), and countries.
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Europe Injection Moulders Market by Category
By Mould Type:
- Cold Runner Mould
- Two Plate Mould
- Three Plate Mould
- Hot Runner (Runnerless) Mould
- Externally Heated Hot Runners
- Internally Heated Hot Runners
- Insulated Hot Runners
By Material:
- Plastic
- Metal
- Rubber
- Ceramic
By End Use:
- Automotive
- Packaging
- Electronics
- Healthcare
- Consumer Goods
- Building & Construction
- Aerospace & Defense
- Others
By Country:
- Germany
- Spain
- Russia
- Italy
- United Kingdom
- France
- BENELUX
- Nordic
- Poland
- Hungary
- Romania
- Czech Republic
- Rest of Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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