Global Polymer and Thermoplastic Micro Molding Market Report 2020-2027 with Short-term Impacts of COVID-19 for 2020 & 2021 - ResearchAndMarkets.com

28 January 2021

The "Polymer and Thermoplastic Micro Molding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Polymer and Thermoplastic Micro Molding Market to Reach $1.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Polymer and Thermoplastic Micro Molding estimated at US$488.4 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 12.9% over the analysis period 2020-2027.

Medical & Healthcare, one of the segments analyzed in the report, is projected to record a 13.9% CAGR and reach US$446.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Telecom Fiber Optics segment is readjusted to a revised 13% CAGR for the next 7-year period.

The U. S. Market is Estimated at $131.7 Million, While China is Forecast to Grow at 17% CAGR

The Polymer and Thermoplastic Micro Molding market in the U. S. is estimated at US$131.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$256 Million by the year 2027 trailing a CAGR of 17% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.1% and 11.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.

Automotive Segment to Record 12.2% CAGR

In the global Automotive segment, USA, Canada, Japan, China and Europe will drive the 11.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$90.9 Million in the year 2020 will reach a projected size of US$193.3 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$170.4 Million by the year 2027, while Latin America will expand at a 13.7% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Accumold
  • American Precision Products
  • Makuta, Inc.
  • Micromolding Solutions Inc.
  • Precision Engineered Products LLC - PEP microPEP
  • Sovrin Plastics
  • Stack Plastics, Inc.
  • Stamm AG

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Polymer and Thermoplastic Micro Molding Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Polymer and Thermoplastic Micro Molding Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • Polymer and Thermoplastic Micro Molding Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • Polymer and Thermoplastic Micro Molding Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • Medical & Healthcare (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • Medical & Healthcare (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • Medical & Healthcare (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • Telecom Fiber Optics (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
  • Telecom Fiber Optics (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
  • Telecom Fiber Optics (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
  • Automotive (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
  • Automotive (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019
  • Automotive (End-Use) Market Share Breakdown by Region/Country:2012 VS 2020 VS 2027
  • Micro Drive Systems & Control (End-Use) Demand Potential Worldwidein US$ Thousand by Region/Country: 2020-2027
  • Micro Drive Systems & Control (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • Micro Drive Systems & Control (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
  • Other End-Uses (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
  • Other End-Uses (End-Use) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
  • Other End-Uses (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

  • Market Facts & Figures
  • Polymer and Thermoplastic Micro Molding Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • Polymer and Thermoplastic Micro Molding Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
  • Polymer and Thermoplastic Micro Molding Historic Demand Patterns by End-Use in US$ Thousand for 2012-2019
  • Polymer and Thermoplastic Micro Molding Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/vfu0ww

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Source: businesswire.com