Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.

Utilizing injection molding machinery permits the actual mass production of injection-molded plastic components. The injection molding machine is the most effective and energy-efficient way of mass-producing plastic products. The rise of the global injection molding machines market is propelled by the multiple qualities of injection molding machines, such as their durability, user-friendliness, higher manufacturing rates and rapid production, and high quality. Rapidly increasing industrial investment and robust demand for injection-molded polymers in the automotive and healthcare industries are driving the expansion of the global injection molding machine market. In addition, industry leaders' manufacturing of energy-efficient, fully automated injection molding equipment stimulates the expansion of the injection molding market. Market participants provide injection molding machines in numerous sizes and designs to meet customers' needs.

Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

Plastics injection molder Atalys LLC announced yesterday that it has acquired Schnipke Engraving Co. LLC. Both companies provide injection molding and related services to medical device OEMs. Atalys, based in Rochester, NY, said the acquisition will enhance its manufacturing capabilities, technology, and geographical footprint.

Schnipke has tooling and plastic injection molding operations at its headquarters in Ottoville, OH, and operates a second manufacturing facility in Tucson, AZ. The company is FDA registered and is certified to ISO 13485:2016.

Europe will hold the second largest market share and is expected to grow at a CAGR of 4.9% during the forecast period. Due to their high quality and energy efficiency, there has been a surge in the usage of all-electric injection molding machines in Europe. In addition, major market participants are spending considerable effort to deliver injection molding machines that fulfill the requirements of their clients by supplying customized and machine-type-based machines. Europe's economic expansion has led to a larger consumer market, indirectly benefiting the injection-molded plastics industry. In addition, the growth of the packaging, automotive, and electrical appliance industries is expected to increase the need for injection-molded plastics, boosting the market for injection molding equipment in Europe.

A vital characteristic of the injection-molding process is its capacity to use many types of plastic to make plastic things simultaneously. Manufacturers may use thermoplastics, thermosetting, or a combination of elastomers in injection molding to get the needed properties. This technique allows for producing more complicated objects with various forms and motifs. In addition, once the mold is prepared, the manufacturer can adjust the component's material and color. This factor is projected to drive the global market for injection molding machines. In addition, injection molding helps to reduce manufacturing waste. The majority of polymers produced by injection molding are recyclable.

Editor in chief of PlasticsToday since 2015, Norbert Sparrow has more than 30 years of editorial experience in business-to-business media. He studied journalism at the Centre Universitaire d'Etudes du Journalisme in Strasbourg, France, where he earned a master's degree.

Increasing production rates and rapid injection molding output are predicted to boost global injection molding machines market growth. In addition, injection molding allows for producing plastic components with various finishes, including light texture, medium texture, pad printed, smooth, and screen printed. Consequently, it is projected that cheap labor costs and mass manufacturing associated with injection molding machines will promote market growth.

"Our acquisition of Schnipke was driven by a focused strategy to deepen our capabilities, capacity, and technical superiority across the entire manufacturing process for medical device components,” said Vinc Ellerbrock, president and CEO of Atalys. “The addition of Schnipke adds two manufacturing sites for scalable growth, broadens our geographic presence and reach, enables us to serve a wider array of customers, and significantly augments our technical capabilities,” said Ellerbrock.

According to Straits Research, “The global injection molding machines market size had a market share of USD 10,724 million in 2021, expected to advance to USD 16,964 million with a CAGR of 5.9% during the forecast period.” Injection molding is an automated process in which an automatic tool operates efficiently on an injection molding machine. Machines and robots perform the majority of injection molding. These persons are solely accountable for overseeing and managing the process. This automation reduces the labor costs of the process. This drop in labor expenditure is predicted to reduce the cost of manufacturing plastic components. In addition, injection molding can make many identical components every hour.

Advantage of Low Labour Cost and Mass Production Along with Material Flexibility and Low Production Waste to Drive the Global Injection Moulding Machines Market

Earlier this week, another medical injection molder made news when Total Molding Services announced that it has been acquired by Haartz Family Holdings, changing its name to Moldgenix in the process.

New York, United States, March 12, 2024 (GLOBE NEWSWIRE) -- Injection molding is a mechanism that allows for the mass production of components. It operates by injecting molten materials into a mold. It is typically employed in mass production to manufacture thousands of similar things. Components produced by injection molding include metals, glassware, elastomers, and confections. Although thermoplastic and thermosetting polymers are the most common, other polymers exist. The real benefit of injection molding is its mass manufacturing capability. After initial costs are accounted for, the unit cost of injection-molded items is extraordinarily cheap. The ingredients, such as synthetic resins (plastics), are heated and melted before they are put into the mold and cooled to form the desired shape. This process is referred to as injection molding because it resembles the injection of fluids using a syringe. Materials are melted and poured into the mold, where they solidify before being removed and completed.

Asia-Pacific's injection molding machines market share will grow at a CAGR of 6.3% during the forecast period. Due to the region's expanding demand for injection-molded plastics, it is projected that China, India, and Indonesia will contribute to expanding the Asia-Pacific injection molding machine market. This is due to the expansion of the packaging industry. In addition, significant companies such as NISSEI Plastic Industrial Co. Ltd. and Japan Steel Works Ltd. are employing various strategies, such as cooperation, acquisition, and others, to accelerate the expansion of the market.

Founded in 1967, Schnipke has established a reputation for building tools in-house and designing and engineering molds that meet the medical device industry's stringent requirements for precision at extremely tight tolerances, said the news release. The company claims on its website that it can mold within tolerances of +/-0.001 inches and as small as 0.02 grams in weight. Even smaller dimensions can be accommodated upon customer request.

March 12, 2024 10:35 ET | Source: Straits Research Private Limited - Reed Intelligence Straits Research Private Limited - Reed Intelligence

In addition to its headquarters in Rochester, Atalys has manufacturing facilities in Asheboro, NC, and the Dominican Republic. The New York and North Carolina plants have multiple Class 8 cleanrooms for molding and assembly on site; the Santo Domingo site in the Dominican Republic offers cleanroom assembly and automation. The company said it adheres to scientific molding principles and is equipped with presses ranging in size from “near micro molding” to 1,400 tons.

In February, Atalys announced that it is tripling the size of its existing facility in the Dominican Republic from 15,000 to 47,000 square feet through the addition of a new 32,000-square-foot building. The company said that the new building will be dedicated to manual assembly with complementary injection molding, pad printing, tool repair, and warehousing. The existing facility will become the company's primary plastics processing site focused on cleanroom injection molding as well as secondary operations such as testing and packaging.