2-shot Injection Molding Market - Size, Share | Industry Trends Analysis Report, 2024

Transparency Market
Research
2-shot Injection Molding Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
Published Date
01-Jan-2017
119 Page Report
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Press Release
Global 2-shot Injection Molding Market: Focus on Using
Recycled Plastics Proves Pivotal to Growth, notes TMR
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2-shot Injection Molding Market
REPORT DESCRIPTION
2-shot Injection Molding Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
Transparency Market Research observes that the global 2-shot injection molding market is highly fragmented
due to the strong presence of a large number of players present in the market. As each player holds a small
share, the market is witnessing stiff competition. Some of the leading players in the global 2-shot injection
molding market are Rogan Corporation, Nyloncraft, Inc., Paragon Rapid Technologies Limited, and Gemini
Group, Inc. “These players are expected to focus on reducing the lead time to remain competitive in the market
and increasing the production volume to remain relevant to the market,” states the lead author of this research
report.
The research report states that the global 2-shot injection molding market is was worth US$6.6 mn by the end
of 2015 and is projected to reach US$11.5 bn by the end of 2024. During the forecast years of 2016 and 2024,
the global market is projected is rise at a CAGR of 6.5%.
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Europe to Dominate Global Market as OEMs Focus on Reducing Production Costs
Geographically, the global 2-shot injection molding market is segmented into North America, Europe, Asia
Pacific, Latin America, and the Middle East and Africa. Of these, Europe is expected to show indomitable
dominance in the global market in the coming years. Despite a minor slip, the region is poised to acquire a
share of 33.9% by the end of 2024. The emerging trend of large scale adoption of 2-shot injection molding
process to reduce the cost of production and labor costs across Europe has kept the region in the lead.
On the basis of applications, the global 2-shot injection molding market is segmented into automotive, medical,
consumer goods, electrical and electronics, packaging, and industrial. Of these, the medical segment held the
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dominant share in the overall market in 2015. The report estimates that this segment will acquire a share of
25.8% by the end of 2024.
Precision in Production to Drive Global Market
2-shot injection molding ensures production of exceptionally precise parts with accurate repeatability with just a
single tool. This advantage has encouraged OEMs to develop and design increasing more of products by using
2-shot injection molding, thereby increasing the adoption of this process and products across the globe. The
considerable cost reduction by using 2-shot injection molding process, as it enables the production of two
component parts in a single operation has also boosted the growth of this market.
The report also suggests that the global market is being driven by the increasing pressure from the
governments to recycle plastics. Stringent governmental regulations compelling industries to recycle materials
has played a significant role in convincing OEMs to adopt 2-shot injection molding processes. The key
advantage of using 2-shot injection molding process is that the core of any two-component parts is derived
from the recycled plastic, without changing its look or property. Thus the increasing uptake of recycled plastics
is expected to have a positive impact on the global market.
High Initial Investment Estimated to Hamper Market Growth
The high cost of tooling and equipment of 2-shot injection molding as compared to traditional molding is the
chief restraint in the global market. The significantly higher initial investment costs has discouraged
manufacturers from opting for 2-shot injection molding for their production processes. The market is also being
stymied by the limited choice of material pairs that can be used for 2-shot injection molding. Furthermore, the
long lead time of 2-shot molding machines is also estimated to hamper the growth of the market in the coming
years.
This review is based on Transparency Market Research’s report, titled “2-shot Injection Molding Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
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2-shot Injection Molding Market
The global 2-shot injection molding market has been segmented as follows:
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2-shot Injection Molding Market - Product Analysis
-Polypropylene
-Polycarbonate
-Acrylonitrile Butadiene Styrene (ABS)
-Polystyrene
-Other Plastics (Nylons, PBT etc.)
-Silicones
-Styrene Butadiene Rubber (SBR)
-Thermoplastic Elastomers (TPE)
-Other Elastomers (Nitrile Rubber, Natural Rubber etc.)
2-shot Injection Molding Market - Application Analysis
-Medical
-Automotive
-Consumer Goods
-Electrical & Electronics
-Industrial
-Packaging
-Others
2-shot injection molding Market - Regional Analysis
-North America
-U.S.
-Canada
-Europe
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-Germany
-Italy
-France
-U.K.
-Spain
-Rest of Europe
-Asia Pacific
-China
-India
-Japan
-ASEAN
-Rest of APAC
-Latin America
-Brazil
-Mexico
-Rest of LATAM
-Middle East & Africa
-GCC
-South Africa
-Rest of MEA
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2-shot Injection Molding Market
TABLE OF CONTENT
Chapter 1 Preface
1. Preface
1.1. Report Description
1.2. Research Scope
2. Assumptions and Research Methodology
2.1. Assumptions
2.2. Market Segmentation
2.3. Research Methodology
3. Executive Summary
3.1. Global 2-shot injection molding Market, 2015 - 2024, (US$ Mn)
3.2. 2-shot injection molding Market: Market Snapshot
4. 2-shot injection molding Market– Industry Analysis
4.1. Introduction
4.2. Value Chain Analysis
4.3. Market Drivers
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4.3.1. Growing Need for Product Differentiation And Value Addition is Projected to Boost 2-shot
injection molding Market
4.3.2. Cost Reduction is Expected to Drive 2-shot injection molding Market
4.4. Restraints
4.4.1. High Cost Of Machines And Tooling is Anticipated to Act as Restraint for 2-shot injection molding
Market
4.5. Opportunity
4.5.1. Expansion of Range of Molding Capacity is Likely to Act as Opportunity for the 2-shot injection
molding Market
4.5.2. Increasing Use of 2-shot Molding Products in Emerging Countries
4.6. Value Chain Analysis
4.7. Porter’s Five Forces Analysis
4.7.1. Bargaining Power of Suppliers
4.7.2. Bargaining Power of Buyers
4.7.3. Threat of Substitutes
4.7.4. Threat of New Entrants
4.7.5. Degree of Competition
5. 2-shot injection molding Market – Product Analysis
5.1. 2-shot injection molding Market: Product Overview
5.2. Global 2-shot injection molding Market by Product, (Kilo Tons) 2015–2024
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5.3. Global 2-shot injection molding Market by Product Revenue, (US$ Mn), 2015–2024
5.4. Global 2-shot injection molding Market Attractiveness, by Product
6. 2-shot injection molding Market – Application Analysis
6.1. 2-shot injection molding Market: Application Overview
6.2. Global 2-shot injection molding Market by Application, Volume & Revenue, (Kilo Tons) (US$ Mn), 2015–
2024
6.3. Global 2-shot injection molding Market Attractiveness, by Application
7. 2-shot injection molding Market - Regional Analysis
7.1. Global 2-shot injection molding Market: Regional Overview
7.2. Global 2-shot Injection Molding Market Average Selling Prices, by Product (US$/ton), 2015
8. North America
8.1. North America 2-shot Injection Molding Market Overview
8.2. Figure 11: North America 2-shot Injection Molding Market Value Share Analysis, by Product Type, 2015
and 2024
8.3. North America 2-shot Injection Molding Market Revenue (US$ Mn) Forecast, by Product, 2015–2024
8.4. North America 2-shot Injection Molding Market Volume (Kilo Tons) Forecast, by Product Type, 2015–
2024
8.5. North America 2-shot Injection Molding Market Value Share Analysis, by Application, 2015 and 2024
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8.6. North America 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by
Application, 2015–2024
8.7. North America 2-shot Injection Molding Market Value Share Analysis, by Country, 2015 and 2024
8.8. North America 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Country,
2015–2024
8.9. North America 2-shot Injection Molding Market Attractiveness Analysis
9. Europe
9.1. Europe 2-shot Injection Molding Market Overview
9.2. Europe 2-shot Injection Molding Market Value Share Analysis, by Product Type, 2015 and 2024
9.3. Europe 2-shot Injection Molding Market Size (US$ Mn) Forecast, by Product, 2015–2024
9.4. Europe 2-shot Injection Molding Market Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
9.5. Europe 2-shot Injection Molding Market Value Share Analysis, by Application, 2015 and 2024
9.6. Europe 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Application,
2015–2024
9.7. Europe 2-shot Injection Molding Market Value Share Analysis, by Country, 2015 and 2024
9.8. Europe 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Country, 2015–
2024
9.9. Europe 2-shot Injection Molding Market Attractiveness Analysis
10. Asia Pacific
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10.1. Asia Pacific 2-shot Injection Molding Market Overview
10.2. Asia Pacific 2-shot Injection Molding Market Value Share Analysis, by Product Type, 2015 and 2024
10.3. Asia Pacific 2-shot Injection Molding Market Size (US$ Mn) Forecast, by Product, 2015–2024
10.4. Asia Pacific 2-shot Injection Molding Market Volume (Kilo Tons) Forecast, by Product Type, 2015–
2024
10.5. Asia Pacific 2-shot Injection Molding Market Value Share Analysis, by Application, 2015 and 2024
10.6. Asia Pacific 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by
Application, 2015–2024
10.7. Asia Pacific 2-shot Injection Molding Market Value Share Analysis, by Country, 2015 and 2024
10.8. Asia Pacific 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Country,
2015–2024
10.9. Asia Pacific 2-shot Injection Molding Market Attractiveness Analysis
11. Middle East & Africa (MEA)
11.1. MEA 2-shot Injection Molding Market Overview
11.2. MEA 2-shot Injection Molding Market Value Share Analysis, by Product Type, 2015 and 2024
11.3. MEA 2-shot Injection Molding Market Size (US$ Mn) Forecast, by Product, 2015–2024
11.4. MEA 2-shot Injection Molding Market Volume (Kilo Tons) Forecast, by Product Type, 2015–2024
11.5. MEA 2-shot Injection Molding Market Value Share Analysis, by Application, 2015 and 2024
11.6. MEA 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Application,
2015–2024
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11.7. MEA 2-shot Injection Molding Market Value Share Analysis, by Country, 2015 and 2024
11.8. MEA 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by Country, 2015–
2024
11.9. MEA 2-shot Injection Molding Market Attractiveness Analysis
12. Latin America
12.1. Latin America 2-shot Injection Molding Market Overview
12.2. Latin America 2-shot Injection Molding Market Value Share Analysis, by Product Type, 2015 and 2024
12.3. Latin America 2-shot Injection Molding Market Size (US$ Mn) Forecast, by Product, 2015–2024
12.4. Latin America 2-shot Injection Molding Market Volume (Kilo Tons) Forecast, by Product Type, 2015–
2024
12.5. Latin America 2-shot Injection Molding Market Value Share Analysis, by Application, 2015 and 2024
12.6. Latin America 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by
Application, 2015–2024
12.7. Latin America 2-shot Injection Molding Market Value Share Analysis, by Country, 2015 and 2024
12.8. Latin America 2-shot Injection Molding Market Size (US$ Mn) and Volume (Tons) Forecast, by
Country, 2015–2024
12.9. Latin America 2-shot Injection Molding Market Attractiveness Analysis
13. Company Profiles
13.1. Rogan Corporation
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13.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.1.2. Business Overview
13.2. Nyloncraft, Inc.
13.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.2.2. Business Overview
13.3. Paragon Rapid Technologies Limited
13.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.3.2. Business Overview
13.4. Gemini Group, Inc
13.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.4.2. Business Overview
13.5. Season Group International Co., Ltd.
13.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.5.2. Business Overview
13.6. Girard Rubber Corporation
13.6.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.6.2. Business Overview
13.7. CM International Industries Corporation
13.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.7.2. Business Overview
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13.8. Bemis Manufacturing Company
13.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.8.2. Business Overview
13.9. Biomedical Polymers Inc.
13.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.9.2. Business Overview
13.10. MRPC
13.10.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.10.2. Business Overview
13.11. Carclo Technical Plastics
13.11.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.11.2. Business Overview
13.12. Yomura Technologies
13.12.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.12.2. Business Overview
13.13. EVCO Plastics
13.13.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
13.13.2. Business Overview
13.14. CMG Plastics
13.14.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
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13.14.2. Business Overview
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2-shot injection molding market is likely to be worth US$11.5 bn by the end of 2024 as compared to US$6.6 mn by the end of 2015. Between the forecast years of 2016 and 2024, the global market is expected to expand at a CAGR of 6.5%.