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Plastic Injection Molding for Medical Devices Market Set to Surge on

Author:gly    Date: 2024-09-30    

Healthcare Expenditure Rise | M - injection manufacturers

Micro molding produces a component or part that is: micro in size, micro in features, micro in tolerances. However, the basic concept of the micro injection molding process is akin to a standard injection molding process; the micro injection unit is simply integrated into the injection molding machine.

The demand for micro molded plastic parts in automotive, electronics and medical application is driving the demand for micro injection molding machine with clamping force 30 to 40 tons. However, micro injection molding machine with clamping force 0 to 10 tons is expected to grow at the highest CAGR during the forecast period.

The Micro Injection Molding Machine Market is projected to reach $609 million by 2026, at a CAGR of 9.8% from $381 million in 2021, according to a report published by MarketsandMarkets.

Since its inception in 1995, TDL has been a trailblazer, especially in innovative solutions for mold design and mold manufacturing. Additionally, they have gained trusted partners based on their extensive experience and particularly their forward-thinking approach. Moreover, these business partners have come from various industries ranging from automotive components and consumer electronics to medical devices with TDL leaving its indelible marks on these various sectors.

Asia Pacific (APAC) is projected to be the fastest-growing region for the micro injection molding machine market during the forecast period, with China is the largest market by country. Increasing domestic demand due to the rapid increase in manufacturing facilities and other commercial units is expected to continue driving the demand for micro injection molding machine in the region. Increasing population and demand, accompanied by initiatives for new technologies and products, are projected to make this region a promising micro injection molding machine market. The growing population will have a significant impact on automotive and electronics industry in the region.

Consequently, innovation has consistently driven every one of their successes with the different departments plugging into this innovative spirit. Practically every team in the company is made up of highly experienced professionals in their various fields. These veterans adopt innovative foresight as they push the boundaries of injection molding, mold design, and manufacturing. This path of innovation is responsible for TDL’s constant designation as an industry trailblazer.

Because the growing electric vehicle market requires more micro injection molded products than a standard internal combustion (ICE) vehicle, the increased electric demand should positively impact market growth.

Furthermore, TDL has garnered various international certifications and honors over the years, which stand as a testament to its pursuit and commitment to quality and service. These recognitions reinforce TDL's status as a trusted and reliable partner for businesses around the world.

The shift towards nanotechnology in every sector including medical, automotive, fiber optics, electronics and others is increasing the necessity of smaller high-precision parts.

Additionally, TDL’s commitment to quality is absolute and never changing as demonstrated over the years in their products and services. The paramount importance they place on quality is authenticated in their rigorous quality assurance measures and advanced testing equipment, including optical inspection tools, CMM (Coordinate Measuring Machine), and hardness testers. These tools are in place to guarantee that every product regardless of the volume of production meets every stringent industry specification and international quality standards.

However, for TDL, innovation is a way of life and not just a frame of reference. They have consistently proven this across a bouquet of services which includes product design, mold design, CNC machining, rapid prototyping, 3D printing, and surface finishing. This comprehensive suite of services provides bespoke solutions for clients across the different industries ensuring that they get whatever their requirements are all under one roof.

"Over the past 28 years, TDL has stood as a symbol of precision, innovation, and unwavering dedication to our clients. We are thrilled to reach this milestone, and we look ahead with excitement as we continue to shape the future of mold design and manufacturing. Our clients are not just partners; they are the driving force behind our innovation. We appreciate them for their trust and commitment to excellence, as we continue to deliver best-in-class services to them," said Emma Zhu, Project Manager.

The micro injection molding machine market is projected to reach $609 million by 2026 from $381 million in 2021 at a 9.8% CAGR.

Micro injection molding machines are machines used for the manufacture of plastics components for shot weights of 1 to 0.1 grams with tolerances in the range of 10 to 100 microns. This molding process permits the manufacture of complicated small geometries with maximum possible accuracy and precision.

The strong position of the automotive sector is a major factor driving the micro injection molding machine market. Electric vehicles are composed of various electronic parts such as all electric auxiliary, electric traction motor, traction battery pack, electric transmission, power electronics controller, and DC converter among others. These small electronics parts are composed of various micro components that are critical during vehicle manufacture and assembly. These are very small and complex components.

DONGGUANG, China, November 13, 2023 (Newswire.com) - TDL Plastic Mould CO., Ltd, with over 28 years of leading the manufacturing industry in the areas of plastic injection molding, mold design, and manufacturing, sees it befitting to announce its continuous commitment to precision and innovation. Naturally, they have been unwavering in their dedication to a customer-centric approach to production and quality which has created a place for them as a global innovator in the injection molding field.

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TDL Plastic Mould CO., Ltd, with over 28 years of leading the manufacturing industry in the areas of plastic injection molding, mold design, and manufacturing sees it befitting to announce its continuous commitment to precision and innovation.

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