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Micro Injection Molded Plastic Market worth $1,692 million by 2026 -

Author:gly    Date: 2024-09-30    

Exclusive Report by MarketsandMarkets™ - top 10 plastic injection molding companies

This Knowledge Center provides an overview of the considerations needed to understand the purchase, operation, and maintenance of a process cooling system.

Composting has the potential to become a more important means of MSW disposal, especially for food waste and yard trimmings. According to the IHS Markit report, together, these two categories of waste accounted for 28 percent of U.S. MSW generation in 2014. In the case of yard trimmings, 31 percent of the waste generated was landfilled, while 61 percent was composted, and the remaining 8 percent was combusted with energy recovery.

Said Hackett, “Biodegradable or compostable polymers can play a role in diverting waste from landfills. For example, biodegradable pods for single-serve coffee makers simplify disposal of used capsules; compostable trash bags can control odors, minimize mess, discourage pests, and otherwise reduce the ‘yuck’ factor associated with residential composting programs….Diverting organic waste from landfill reduces emissions of methane—which is a potent greenhouse gas. We at IHS Markit expect biodegradable or compostable plastics will increasingly be an important part of the sustainability solution, but much of their advancement and adoption will depend on legislation as well as consumer attitudes and behavior.”

This month’s resin pricing report includes PT’s quarterly check-in on select engineering resins, including nylon 6 and 66.

While the melting process does not provide perfect mixing, this study shows that mixing is indeed initiated during melting.

Join this webinar to explore the transformative benefits of retrofitting your existing injection molding machines (IMMs). Engel will guide you through upgrading your equipment to enhance monitoring, control and adaptability — all while integrating digital technologies. You'll learn about the latest trends in IMM retrofitting (including Euromap interfaces and plasticizing retrofits) and discover how to future-proof your machines for a competitive edge. With insights from industry experts, it'll walk you through the decision-making process, ensuring you make informed choices that drive your business forward. Agenda: Maximize the value of your current IMMs through strategic retrofitting Learn how to integrate digital technologies to enhance monitoring and control Explore the benefits of Euromap interfaces and plasticizing retrofits Understand how retrofitting can help meet new product demands and improve adaptability Discover how Engel can support your retrofitting needs, from free consultations to execution

Core Technology Molding turned to Mold-Masters E-Multi auxiliary injection unit to help it win a job and dramatically change its process.

Exhibitors and presenters at the plastics show emphasized 3D printing as a complement and aid to more traditional production processes.

Said Marifaith Hackett, director, specialty chemicals research at IHS Markit and the report’s lead author, “The last time we at IHS Markit assessed the global demand for biodegradable polymers, we noted the U.S. was the largest driver of demand growth for this segment, but due to legislation, Europe is by far the leading demand center. Europe is the place to watch, as Europeans are particularly motivated to reduce marine litter….More legislation is likely coming in Europe or at the E.U. level, and if that occurs, we could see major changes in this industry and pushback from producers of traditional plastic products.”

Multiple speakers at Molding 2023 will address the ways simulation can impact material substitution decisions, process profitability and simplification of mold design.

Mandatory composting programs can contribute to demand growth for biodegradable polymers, the IHS Markit report said. These programs divert organic waste from landfill, thus reducing greenhouse gas emissions from landfill sites. The expansion of composting programs can spur demand for compostable trash bags and food service ware, both important end uses for biodegradable polymers. The shortage of composting facilities that are capable of processing biodegradable polymers limits the positive impact of mandatory composting programs on biodegradable polymer demand.

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In this three-part collection, veteran molder and moldmaker Jim Fattori brings to bear his 40+ years of on-the-job experience and provides molders his “from the trenches” perspective on on the why, where and how of venting injection molds. Take the trial-and-error out of the molding venting process.

Baystar's Borstar technology is helping customers deliver better, more reliable production methods to greenhouse agriculture.

Join KraussMaffei for an insightful webinar designed for industry professionals, engineers and anyone interested in the manufacturing processes of PVC pipes. This session will provide a comprehensive understanding of the technology behind the production of high-quality PVC pipes: from raw material preparation to final product testing. Agenda: Introduction to PVC extrusion: overview of the basic principles of PVC pipe extrusion — including the process of melting and shaping PVC resin into pipe forms Equipment and machinery: detailed explanation of the key equipment involved — such as extruders, dies and cooling systems — and their roles in the extrusion process Process parameters: insight into the critical process parameters like temperature, pressure and cooling rates that influence the quality and consistency of the final PVC pipes Energy efficiency: examination of ways to save material and energy use when extruding PVC pipe products

According to IHS Markit, global demand for PE, the world’s most-used plastic, has nearly doubled during the last 20 years. IHS Markit expects 2018 global PE demand to exceed 220 billion lb (100 million m.t.). However, significant new market pressures, including a rise in consumer expectations around sustainability, along with tightening environmental regulations in mature markets such as Europe and key growth markets such as China, could threaten future demand growth.

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Processors with sustainability goals or mandates have a number of ways to reach their goals. Biopolymers are among them.

Sustainability continues to dominate new additives technology, but upping performance is also evident. Most of the new additives have been targeted to commodity resins and particularly polyolefins.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Thousands of people visit our Supplier Guide every day to source equipment and materials. Get in front of them with a free company profile.

“The properties and processability of biodegradable polymers have improved, allowing the use of these materials in a broader range of applications, but legislation is the single most important demand driver for these plastics,” Hackett said. “Restrictions on the use of non-biodegradable plastic shopping bags in Italy and France have led to a significant increase in the consumption of biodegradable polymers in those countries, and we expect European countries will continue to lead in legislative restrictions.”

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The Plastics Industry Association (PLASTICS) has released final figures for NPE2024: The Plastics Show (May 6-10; Orlando) that officially make it the largest ever NPE in several key metrics.

In contrast, Hackett said, biodegradable polymer use has grown more slowly or stagnated in places that lack mandates. “Growing consumer awareness and activism regarding environmental issues could certainly increase the market for biodegradable plastics…To truly capture the benefits of these biodegradable polymers, however, you need to have the collection and composting infrastructure to support their use. Very few major cities or municipalities currently have the necessary infrastructure in place.”

Introduced by Zeiger and Spark Industries at the PTXPO, the nozzle is designed for maximum heat transfer and uniformity with a continuous taper for self cleaning.

Plastics Technology covers technical and business Information for Plastics Processors in Injection Molding, Extrusion, Blow Molding, Plastic Additives, Compounding, Plastic Materials, and Resin Pricing. About Us

Alpha Precision Group (APG), St Mary’s, Pennsylvania, USA, has published a beginner’s guide aimed at engineers on the topic of Metal Injection Moulding, highlighting the many advantages the process can offer for the production of metal components.

Say “manufacturing automation” and thoughts immediately go to the shop floor and specialized production equipment, robotics and material handling systems. But there is another realm of possible automation — the front office.

Experts from IHS Markit and the Plastics Industry Association will discuss the latest market outlooks from key industry sectors, with senior business leaders sharing their companies’ strategies for success and innovators presenting the latest in plastics technologies.

August 29-30 in Minneapolis all things injection molding and moldmaking will be happening at the Hyatt Regency — check out who’s speaking on what topics today.

The major manufacturers of biodegradable polymers include NatureWorks (a joint venture of Cargill and PTT Global Chemical), Novamont, BASF, and PTT MCC Biochem Co., Ltd., a joint venture of PTT Public Company Ltd. (the parent of PTT Global Chemical) and Mitsubishi Chemical Corporation.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

Mold maintenance is critical, and with this collection of content we’ve bundled some of the very best advice we’ve published on repairing, maintaining, evaluating and even hanging molds on injection molding machines.

Resin drying is a crucial, but often-misunderstood area. This collection includes details on why and what you need to dry, how to specify a dryer, and best practices.

In this collection of articles, two of the industry’s foremost authorities on screw design — Jim Frankand and Mark Spalding — offer their sage advice on screw design...what works, what doesn’t, and what to look for when things start going wrong.

Biodegradable or compostable polymers are bio-based or fossil-fuel-based polymers (plastics) that undergo microbial decomposition to carbon dioxide and water in industrial or municipal compost facilities. A few of these polymers decompose in backyard compost bins or in soil, freshwater or saltwater. Key markets are as follows:

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

The report notes that the biodegradable polymers industry is affected by several major drivers in the environmental area: solid-waste disposal patterns, existing and potential legislation, and consumer attitudes and behavior. The evolution of these factors and their impact on the biodegradable polymers industry differ in each region of the world.

Reach a truly international audience that includes component manufacturers, end-users, industry suppliers, analysts, researchers and more.

Plastics Technology’s Tech Days is back! Every Tuesday in October, a series of five online presentations will be given by industry supplier around the following topics:  Injection Molding — New Technologies, Efficiencies Film Extrusion — New Technologies, Efficiencies Upstream/Downstream Operations Injection Molding — Sustainability Extrusion — Compounding Coming out of NPE2024, PT identified a variety of topics, technologies and trends that are driving and shaping the evolution of plastic products manufacturing — from recycling/recyclability and energy optimization to AI-based process control and automation implementation. PT Tech Days is designed to provide a robust, curated, accessible platform through which plastics professionals can explore these trends, have direct access to subject-matter experts and develop strategies for applying solutions in their operations.

As I have in the past five years, I’m looking forward to attending and reporting on the upcoming 6th Annual Global Plastics Summit (GPS) 2018, October 30 – November 1, in Chicago.  Among key topics of discussion will be the issue of plastics and sustainability.

Said Hackett, “Biodegradable plastics, which are largely starch-based compounds or polylactic acid (PLA)-based materials, have become more cost-competitive with petroleum-based plastics and the demand is growing significantly, particularly in Western Europe, where environmental regulations are the strictest. However, the demand for these biodegradable polymers is still a drop in the bucket when you compare it to demand for traditional plastics such as polyethylene (PE).”

Take a deep dive into all of the various aspects of part quoting to ensure you’ve got all the bases—as in costs—covered before preparing your customer’s quote for services.

Demand for bioresins is growing in molded goods, particularly as a sustainability play to replace fossil-fuel based materials, but these materials are not a drop-in replacement for traditional materials. Molds and hot runners need to be optimized for these materials.

While prices moved up for three of the five commodity resins, there was potential for a flat trajectory for the rest of the third quarter.

In a time where sustainability is no longer just a buzzword, the food and beverage packaging industry is required to be at the forefront of this innovation. By adopting circular packaging processes and solutions, producers can meet regulatory requirements while also satisfying consumer demand and enhancing brand reputation. Join Husky to learn more about the broader implications of the circular economy — as well as how leading brands are leveraging this opportunity to reduce costs, increase design flexibility and boost product differentiation. Agenda: The cost and operational benefits of embracing circularity Key materials in circular packaging — including rPET and emerging bioplastics How to design a circular food and beverage package Strategies for selecting sustainable closures to future-proof packaging solutions Optimization and streamlining of production processes for enhanced efficiency How Husky Technologies can enable your sustainable success

Successfully starting or restarting an injection molding machine is less about ticking boxes on a rote checklist and more about individually assessing each processing scenario and its unique variables.

Despite price increase nominations going into second quarter, it appeared there was potential for generally flat pricing with the exception of a major downward correction for PP.

Formnext Chicago is an industrial additive manufacturing expo taking place April 8-10, 2025 at McCormick Place in Chicago, Illinois. Formnext Chicago is the second in a series of Formnext events in the U.S. being produced by Mesago Messe Frankfurt, AMT – The Association For Manufacturing Technology, and Gardner Business Media (our publisher).

The new IHS Markit Chemical Economics Handbook: Biodegradable Polymers Report provides an in-depth analysis of the growing demand for biodegradable plastics. Key drivers are increasing regulations and bans against plastic bags and other single-use plastic items such as drinking straws.

Second quarter started with price hikes in PE and the four volume engineering resins, but relatively stable pricing was largely expected by the quarter’s end.

Across the show, sustainability ruled in new materials technology, from polyolefins and engineering resins to biobased materials.

In this collection of content, we provide expert advice on welding from some of the leading authorities in the field, with tips on such matters as controls, as well as insights on how to solve common problems in welding.

Learn about sustainable scrap reprocessing—this resource offers a deep dive into everything from granulator types and options, to service tips, videos and technical articles.

While prices moved up for three of the five commodity resins, there was potential for a flat trajectory for the rest of the third quarter.

Discover how artifical intelligence is revolutionizing plastics processing. Hear from industry experts on the future impact of AI on your operations and envision a fully interconnected plant.

Mixed in among thought leaders from leading suppliers to injection molders and mold makers at the 2023 Molding and MoldMaking conferences will be molders and toolmakers themselves.

Join Engel in exploring the future of battery molding technology. Discover advancements in thermoplastic composites for battery housings, innovative automation solutions and the latest in large-tonnage equipment designed for e-mobility — all with a focus on cost-efficient solutions. Agenda: Learn about cutting-edge thermoplastic composites for durable, sustainable and cost-efficient battery housings Explore advanced automation concepts for efficient and scalable production See the latest large-tonnage equipment and technology innovations for e-mobility solutions

The aim of this presentation is to guide you through the factors and the numbers that will help you determine if a robot is a smart investment for your application. Agenda:  Why are you considering automation? What problems are you trying to solve? How and why automation can help Crunch the numbers and determine the ROI

Coverage of single-use plastics can be both misleading and demoralizing. Here are 10 tips for changing the perception of the plastics industry at your company and in your community.

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

Join Wittmann for an engaging webinar on the transformative impact of manufacturing execution systems (MES) in the plastic injection molding industry. Discover how MES enhances production efficiency, quality control and real-time monitoring while also reducing downtime. It will explore the integration of MES with existing systems, emphasizing compliance and traceability for automotive and medical sectors. Learn about the latest advancements in IoT and AI technologies and how they drive innovation and continuous improvement in MES. Agenda: Overview of MES benefits What is MES? Definition, role and brief history Historical perspective and evolution Longevity and analytics Connectivity: importance, standards and integration Advantages of MES: efficiency, real-time data, traceability and cost savings Emerging technologies: IoT and AI in MES

Hackett said it is important to understand that many biodegradable polymers are compostable only in special industrial composting facilities, which operate at higher temperatures than home compost piles. “Only a subset of biodegradable polymers is compostable in backyard compost bins; an even smaller subset is compostable in the soil or in marine environments,” Hackett said.

While the major correction in PP prices was finally underway, generally stable pricing was anticipated for the other four commodity resins.

Additive technology creates air pockets in film during orientation, cutting down on the amount of resin needed while boosting opacity, mechanical properties and recyclability.

With advocacy, communication and sustainability as three main pillars, Seaholm leads a trade association to NPE that ‘is more active today than we have ever been.’

Across all process types, sustainability was a big theme at NPE2024. But there was plenty to see in automation and artificial intelligence as well.

Available on both its website and as a downloadable eBook, Metal Injection Molding: A Beginner’s Guide for Engineers offers an introduction to the MIM process and materials, highlighting the pros and cons, and comparing MIM to other manufacturing technologies.

In this collection, which is part one of a series representing some of John’s finest work, we present you with five articles that we think you will refer to time and again as you look to solve problems, cut cycle times and improve the quality of the parts you mold.

Mike Sepe has authored more than 25 ANTEC papers and more than 250 articles illustrating the importance of this interdisciplanary approach. In this collection, we present some of his best work during the years he has been contributing for Plastics Technology Magazine.

Ultradent's entry of its Umbrella cheek retractor took home the awards for Technical Sophistication and Achievement in Economics and Efficiency at PTXPO.

For example, in the U.S., landfilling is the most common method of municipal solid waste (MSW) disposal. According to the U.S. EPA, landfill accounted for 53 percent of total MSW in 2014 (the most recent year for which data are available). Materials recycling accounted for 26 percent, and combustion with energy recovery at 13 percent were next in order of importance. Composting accounted for 9 percent of MSW disposal.

When, how, what and why to automate — leading robotics suppliers and forward-thinking moldmakers will share their insights on automating manufacturing at collocated event.

technotrans says climate protection, energy efficiency and customization will be key discussion topics at PTXPO as it displays its protemp flow 6 ultrasonic eco and the teco cs 90t 9.1 TCUs.

Adding aPHA to PLA can boost a range of mechanical properties and expedite composting. Here are the details as well as processing guidelines for injection molding the blends.

Gifted with extraordinary technical know how and an authoritative yet plain English writing style, in this collection of articles Fattori offers his insights on a variety of molding-related topics that are bound to make your days on the production floor go a little bit better.

After successfully introducing a combined conference for moldmakers and injection molders in 2022, Plastics Technology and MoldMaking Technology are once again joining forces for a tooling/molding two-for-one.

The guide also looks at where MIM is used today and provides a checklist to identify if MIM is the right choice for the customer.

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Despite the positive potential of biodegradable polymers, they are still mostly taking a backseat to other sustainability approaches, such as reducing plastics consumption and recycling, Hackett said. “For various reasons, which may include consumer confusion regarding bio-based plastics versus biodegradable polymers, there is not as much demand for these more sustainable plastics as you might expect, despite heightened public awareness of the plastics waste issue…In addition, suitable disposal options for products made from biodegradable polymers are often lacking. The cost of establishing the infrastructure necessary to support their collection and composting remains a barrier to demand growth.”

Processors with sustainability goals or mandates have a number of ways to reach their goals. Biopolymers are among them.

Bob Maughon, R&D vice president, Packaging and Specialty Plastics and Hydrocarbons, at The Dow Chemical Company, will discuss sustainability as a catalyst for innovation in packaging. Don Thomson, president of The Center for Regenerative Design and Collaboration, will address turning plastic waste into building blocks.

Composting of plastics waste was negligible in 2014. Landfill was the primary method of disposal, responsible for 75 percent of plastics waste in the U.S. Combustion with energy recovery was 15 percent, and recycling accounted for 9 percent of the remainder.

In addition, TOTAL Corbion PLA, a joint venture of energy producer TOTAL and lactic-acid producer Corbion, plans to start up a world-scale polylactic-acid facility in Thailand by the end of 2018. The U.S. accounts for the bulk of production for these polymers, but Thailand, with its proximity to growing markets in Southeast Asia, its expanding bio-economy, favorable investment climate, stable government, and access to cost-effective sugarcane feedstocks for fermentation, is becoming an increasingly important contributor to the biodegradable polymers market, according to the report..

The current market value of biodegradable plastics exceeds $1.1 billion in 2018, but could reach $1.7 billion by 2023. In 2018, global demand for these polymers is about 794 million lb (360,000 m.t.), but total consumption of biodegradable polymers is expected to increase to almost 1.2 billion lb (550,000 m.t.) by 2023, representing an average annual growth rate of 9 percent for the five-year period, which is equivalent to a volume increase of more than 50 percent from 2018 to 2023.

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