Global microinjection polymer molding market to grow at CAGR of 13.5% by 2018

13-Nov-14

The global microinjection polymer molding marketis estimated to grow at CAGR of 13.5% by 2018, as per a report by Research and Market. The microinjection polymer molding process is widely used in the Healthcare and Medical, Telecom and Electronics, and Automotive industries.One of the major drivers of the market is the rapid growth of the medical sector. Micro molded parts are used extensively in the manufacturing of micro medical components such as ear implants, micro filters, and precision blades Microinjection polymer molding is primarily used for the development of small-sized products that require ultra-fine resolution for molding. This process is used for parts that weigh less than a milligram and are less than a millimeter in size. However, they can also be used for large products that require micro-sized features. The microinjection polymer molding process is widely used in the Healthcare and Medical, Telecom and Electronics, and Automotive industries. Microinjection polymer molding is primarily used for the development of small-sized products that require ultra-fine resolution for molding. This process is used for parts that weigh less than a milligram and are less than a millimeter in size. However, they can also be used for large products that require micro-sized features.