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Global Hot Runner Market: By Type: Valve Gate Hot Runner, Open Gate Hot Runner; By Application: Automotive Industry, Electronic Industry, Medical Industry, Packaging Industry; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Hot Runner Market Outlook
The global hot runner market was estimated at nearly USD 2860 million in 2020. The industry is further expected to grow at a CAGR of 7% during the forecast period of 2023-2028.
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The industry is being driven by the growing demand for hot runner in automotive, packaging, healthcare, and other sectors, with the growing use of injection moulded plastics products.
Market Segmentation
A hot runner system consists of an assembly of heated parts like hot valves, nozzles, and gates that injects plastic into an injection mould’s cavities. The global hot runner industry can be broadly categorised based on its types, applications, and regional markets.
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- Types:
- Valve Gate Hot Runner
- Open Gate Hot Runner
- Applications:
- Automotive Industry
- Electronic Industry
- Medical Industry
- Packaging Industry
- Others
The EMR report looks into the regional hot runner markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The global hot runner market is experiencing growth due to the rapid development in the industrial sector, and high product demand from the automotive and healthcare sectors for injection moulded plastic products. Further, the growing shift towards automated plastic processing and packaging to improve productivity and efficiency is driving the growth of the global hot runner industry. In addition, the key players are producing hot runners with an electric valve gate to ensure energy efficiency, which is further fuelling the industry growth. It is projected that the increased energy and cost savings through the use of hot runners would fuel the hot runner market growth. However, the availability of alternatives against hot runners is expected to hamper the growth of the industry over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global hot runner market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Barnes Group Inc.
- Caco Pacific Corporation
- EWIKON Heißkanalsysteme GmbH
- Fast Heat, Inc.
- FISA Corporation
- GÜNTHER Heisskanaltechnik GmbH
- Husky Injection Molding Systems Ltd.
- Others
The EMR report gives an in-depth insight into the hot runner market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Valve Gate Hot Runner, Open Gate Hot Runner |
| Breakup by Application | Automotive Industry, Electronic Industry, Medical Industry, Packaging Industry, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Barnes Group Inc., Caco Pacific Corporation, EWIKON Heißkanalsysteme GmbH, Fast Heat, Inc., FISA Corporation, GÜNTHER Heisskanaltechnik GmbH, Husky Injection Molding Systems Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Hot Runner Market Analysis
8.1 Key Industry Highlights
8.2 Global Hot Runner Historical Market (2018-2022)
8.3 Global Hot Runner Market Forecast (2023-2028)
8.4 Global Hot Runner Market by Type
8.4.1 Valve Gate Hot Runner
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Open Gate Hot Runner
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Hot Runner Market by Application
8.5.1 Automotive Industry
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Electronic Industry
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Medical Industry
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Packaging Industry
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Hot Runner Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Barnes Group Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Caco Pacific Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 EWIKON Heißkanalsysteme GmbH
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Fast Heat, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 FISA Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 GÜNTHER Heisskanaltechnik GmbH
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Husky Injection Molding Systems Ltd.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Hot Runner Market: Key Industry Highlights, 2018 and 2028
2. Global Hot Runner Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Hot Runner Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Hot Runner Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Hot Runner Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Hot Runner Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Hot Runner Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Hot Runner Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Hot Runner Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Hot Runner Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Hot Runner Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Hot Runner Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Hot Runner Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Hot Runner Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Hot Runner Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Hot Runner Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Hot Runner Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Hot Runner Market Structure
Key Questions Answered in the Report
In 2020, the global hot runner market attained a value of nearly USD 2860 million.
The market is projected to grow at a CAGR of 7% between 2021 and 2026.
The major drivers of the market include the growing demand for hot runner in automotive, packaging, healthcare, and other sectors, with the growing use of injection moulded plastics products.
The hot runner market is being aided by the rapid development in the industrial sector and high product demand from the automotive and healthcare sectors for injection moulded plastic products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Valve and open gate hot runner are the leading types in the industry.
Automotive, electronic, medical, and packaging industries, among others are the leading applications in the industry.
The major players in the industry are Barnes Group Inc., Caco Pacific Corporation, EWIKON Heißkanalsysteme GmbH, Fast Heat, Inc., FISA Corporation, GÜNTHER Heisskanaltechnik GmbH, and Husky Injection Molding Systems Ltd., among others.
Analyst Review
The global hot runner market attained a value of USD 2860 million in 2020, driven by the growing demand for hot runner in automotive, packaging, healthcare, and other sectors, with the growing use of injection moulded plastics products. The market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the hot runner industry can be segmented into valve and open gate hot runner. On the basis of applications, the market is divided into automotive, electronic, medical and packaging, among others. The major regional markets for hot runner are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Barnes Group Inc., Caco Pacific Corporation, EWIKON Heißkanalsysteme GmbH, Fast Heat, Inc., FISA Corporation, GÜNTHER Heisskanaltechnik GmbH, and Husky Injection Molding Systems Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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