Industry Background:
A hot runner system is used in injection molding and it consists of various components such as nozzles, manifolds and flow control. Hot runner is used in mass production of parts through injection molding. Growing applications of hot runner is attributed by the facts that it has shorter cycle time and it produces higher quality. The hot runner system is material dependent and hence, it is not applicable universally. Despite its limitations, manufacturers are focusing on making it thermally uniform so as it can be used in various molding applications.This growth is primarily driven by Growing Injection Molding Applications Across Industry Verticals and Benefits Associated with the Use of Runner as It Reduces Cycle Time.
Globally, a noticeable market trend is evident Focus Towards Manufacturing Thermally Uniform Hot Runner
. Major Manufacturers, such as YUDO [South Korea], Milacron [United States], Barnes Group [United States], Husky [Canada], INCOE [United States], Seiki Corporation [Japan], Gunther [Germany], EWIKON [Germany], CACO PACIFIC Corporation [United States], Fast Heat [United State], HASCO Hasenclever GmbH [Germany], INglass [Italy], FISA [United States], Hotsys [South Korea], Mold Hotrunner Solutions Inc. [Canada] and HRSflow GmbH [Italy] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Amid growing applications of hot runner system across industry verticals, key players are focusing on developing effective runner solutions. In this regard, HRSflow, an Italian division of Inglass SpA hot runner making company has developed FlexFlow system for automotive use. At Fakuma October 2018 conference, an International trade fair for plastics processing, the company exhibited FlexFlow which is a servo-electric driven valve gate system without the need for an additional control unit. The system is capable of managing 8 hot runner valve gate systems.
Market Drivers
- Growing Injection Molding Applications Across Industry Verticals
- Benefits Associated with the Use of Runner as It Reduces Cycle Time
Market Trend
- Focus Towards Manufacturing Thermally Uniform Hot Runner
- Growing Demand for Thinner Wall and Higher Output Hot Runner Owing to Its Increasing Use in Food Packaging Industry
Restraints
- High Cost Involved in Maintenance and in Production of Molds
- Complexity Involved in Repairment of Hot Runner Molds
Opportunities
Growing Automation Across Industries and Increasing Production of Parts at Large Scale Amid Growing Industrialization in Low and Middle Income Countries
Challenges
Unsuitability for Some Thermally Sensitive Materials and Need for High-tech Machines and Skilled Workers to Make Hot Runner Molds
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Hot Runner Study Sheds Light on
The Hot Runner Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Hot Runner industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hot Runner industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.