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Global Hot Runner Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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  • 148 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5912130
The global hot runner market size reached US$ 3.6 Billion in 2022. Looking forward, the market is expected to reach US$ 5.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.32% during 2022-2028.

Hot runner is an industrial feed device used for transferring molten plastic into the mold tool cavities for the manufacturing of various plastic products. It consists of nozzles, manifold plates, flow control systems and hot valves. The plates are heated using the manifold system to keep the material in a molten state until it flows into the mold cavity. Hot runners are commonly available in valve gate and open gate variants. In comparison to the traditionally used cold runner systems, hot runners prevent the material from solidifying, thereby reducing the cycle time, generation of plastic waste and significantly minimizing the trimming required to smoothen the final product. As a result, they find extensive applications across various industries, including automotive, construction, electronics, medical and packaging.

Hot Runner Market Trends

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Moreover, the increasing requirement for injection-molded plastic products in the automotive and healthcare industries is providing a thrust to the market growth. For instance, automotive manufactures are widely using injection-molded exterior, interior, lighting and under hood components for the assembly of lightweight vehicles with minimal carbon emissions and enhanced energy efficiency. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and smart sensors, are acting as other growth-inducing factors. These innovative technologies aid in real-time collection and analysis of data regarding the plastic molding process, which also aids in reducing the chances of manufacturing defects and errors. Other factors, including the advent of Industry 4.0, along with the implementation of favorable government policies promoting the use of lightweight plastic molding systems, are anticipated to drive the market toward growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global hot runner market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on gate type, product type and end use industry.

Breakup by Gate Type:

  • Valve Gate Hot Runner
  • Open Gate Hot Runner

Breakup by Product Type:

  • Insulated Runner
  • Heated Runner

Breakup by End Use Industry:

  • Automotive
  • Electronic
  • Medical
  • Packaging

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Barnes Group Inc., CACO PACIFIC Corporation, EWIKON Heißkanalsysteme GmbH, Fast Heat UK Limited, FISA Corporation, GÜNTHER Heisskanaltechnik GmbH, Husky Injection Molding Systems Ltd., INCOE Corporation, Inglass S.p.A (OC Oerlikon Management AG), Milacron Holdings Corp. (Hillenbrand Inc.), Seiki Corporation and Yudo Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global hot runner market in 2022?
2. What is the expected growth rate of the global hot runner market during 2023-2028?
3. What are the key factors driving the global hot runner market?
4. What has been the impact of COVID-19 on the global hot runner market?
5. What is the breakup of the global hot runner market based on the gate type?
6. What is the breakup of the global hot runner market based on the product type?
7. What is the breakup of the global hot runner market based on the end use industry?
8. What are the key regions in the global hot runner market?
9. Who are the key players/companies in the global hot runner market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hot Runner Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Gate Type
6.1 Valve Gate Hot Runner
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Open Gate Hot Runner
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Type
7.1 Insulated Runner
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Heated Runner
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Electronic
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Medical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Packaging
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2 Asia-Pacific
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3 Europe
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4 Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Barnes Group Inc. Company Overview Product Portfolio Financials
14.3.2 CACO PACIFIC Corporation Company Overview Product Portfolio
14.3.3 EWIKON Heißkanalsysteme GmbH Company Overview Product Portfolio
14.3.4 Fast Heat UK Limited Company Overview Product Portfolio
14.3.5 FISA Corporation Company Overview Product Portfolio
14.3.6 GÜNTHER Heisskanaltechnik GmbH Company Overview Product Portfolio
14.3.7 Husky Injection Molding Systems Ltd. Company Overview Product Portfolio
14.3.8 INCOE Corporation Company Overview Product Portfolio
14.3.9 Inglass S.p.A (OC Oerlikon Management AG) Company Overview Product Portfolio
14.3.10 Milacron Holdings Corp. (Hillenbrand Inc.) Company Overview Product Portfolio
14.3.11 Seiki Corporation Company Overview Product Portfolio
14.3.12 Yudo Co. Ltd. Company Overview Product Portfolio

Companies Mentioned

  • Barnes Group Inc.
  • CACO PACIFIC Corporation
  • EWIKON Heißkanalsysteme GmbH
  • Fast Heat UK Limited
  • FISA Corporation
  • GÜNTHER Heisskanaltechnik GmbH
  • Husky Injection Molding Systems Ltd.
  • INCOE Corporation
  • Inglass S.p.A (OC Oerlikon Management AG)
  • Milacron Holdings Corp. (Hillenbrand Inc.)
  • Seiki Corporation
  • Yudo Co. Ltd.



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