The Europe Hot Runner Systems Market is projected to witness market growth of 6.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Hot Runner Systems Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $287.7 Million by 2031. The UK market is exhibiting a CAGR of 5.2% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 6.9% during (2024 - 2031).
Hot runner systems mold parts for plastic toys, game pieces, and educational materials, ensuring safety, durability, and vibrant aesthetics. Items like kitchenware, storage containers, and decorative items benefit from the versatility of these systems, enabling manufacturers to produce customized and functional products efficiently.
The hot runner systems market has seen significant adoption trends driven by technological advancements, industry shifts, and evolving customer demands. For instance, There is a growing preference for these systems capable of processing high-performance engineering plastics such as ABS, PC (polycarbonate), PEEK (polyetheretherketone), and nylon. These materials offer superior mechanical properties and heat and chemical resistance, catering to diverse industry needs, including automotive, electronics, and medical sectors.
The French medical device industry emphasizes precision and quality in manufacturing to meet stringent regulatory standards and ensure patient safety. According to the International Trade Administration (ITA), the medical device sector in France generated €36.7 billion in profit in 2022. It is estimated that medical device exports from France generate a market turnover of €9.4 billion, or 26% of the total market. Over the coming years, the industry is expected to expand by roughly 2% annually. In addition, ZEVs often require lightweight, high-performance plastic components to enhance energy efficiency and range. According to the UK government, the zero-emission vehicle (ZEV) industry is growing as battery prices drop and production is growing incredibly. Since 2015, the ZEVs have been scaled up. More than 1 in 10 cars sold in 2020 and nearly 1 in 7 in 2021 came with a plug. There are now over 500,000 zero and ultra-low-emission vehicles on UK roads. Therefore, the increasing medical devices industry and rising zero-emission vehicle (ZEV) industry in the region are driving the growth of the market.
The Germany market dominated the Europe Hot Runner Systems Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $287.7 Million by 2031. The UK market is exhibiting a CAGR of 5.2% during (2024 - 2031). Additionally, The France market is projected to experience a CAGR of 6.9% during (2024 - 2031).
Hot runner systems mold parts for plastic toys, game pieces, and educational materials, ensuring safety, durability, and vibrant aesthetics. Items like kitchenware, storage containers, and decorative items benefit from the versatility of these systems, enabling manufacturers to produce customized and functional products efficiently.
The hot runner systems market has seen significant adoption trends driven by technological advancements, industry shifts, and evolving customer demands. For instance, There is a growing preference for these systems capable of processing high-performance engineering plastics such as ABS, PC (polycarbonate), PEEK (polyetheretherketone), and nylon. These materials offer superior mechanical properties and heat and chemical resistance, catering to diverse industry needs, including automotive, electronics, and medical sectors.
The French medical device industry emphasizes precision and quality in manufacturing to meet stringent regulatory standards and ensure patient safety. According to the International Trade Administration (ITA), the medical device sector in France generated €36.7 billion in profit in 2022. It is estimated that medical device exports from France generate a market turnover of €9.4 billion, or 26% of the total market. Over the coming years, the industry is expected to expand by roughly 2% annually. In addition, ZEVs often require lightweight, high-performance plastic components to enhance energy efficiency and range. According to the UK government, the zero-emission vehicle (ZEV) industry is growing as battery prices drop and production is growing incredibly. Since 2015, the ZEVs have been scaled up. More than 1 in 10 cars sold in 2020 and nearly 1 in 7 in 2021 came with a plug. There are now over 500,000 zero and ultra-low-emission vehicles on UK roads. Therefore, the increasing medical devices industry and rising zero-emission vehicle (ZEV) industry in the region are driving the growth of the market.
List of Key Companies Profiled
- Polimold Industrial S/A
- Husky Injection Molding Systems Ltd.
- Synventive Molding Solutions (Barnes Group Inc.)
- INCOE Corporation
- Mold-Masters (Hillenbrand, Inc.)
- HASCO Hasenclever GmbH + Co KG
- EWIKON Heißkanalsysteme GmbH
- Anole Hot Runner System Technology
- GUNTHER Hot Runner Technology GmbH
- CACO PACIFIC Corporation
Market Report Segmentation
By Process- Valve Gate Hot Runner
- Open Gate Hot Runner
- Automotive & Transportation
- Consumer Goods
- Packaging
- Electronic
- Medical
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Hot Runner Systems Market by Process
Chapter 5. Europe Hot Runner Systems Market by Application
Chapter 6. Europe Hot Runner Systems Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Polimold Industrial S/A
- Husky Injection Molding Systems Ltd.
- Synventive Molding Solutions (Barnes Group Inc.)
- INCOE Corporation
- Mold-Masters (Hillenbrand, Inc.)
- HASCO Hasenclever GmbH + Co KG
- EWIKON Heißkanalsysteme GmbH
- Anole Hot Runner System Technology
- GUNTHER Hot Runner Technology GmbH
- CACO PACIFIC Corporation
Methodology
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