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The Global Hot Runner Market Size Was Worth USD 3.70 Billion In 2022 And Is Estimated to Grow to USD 6.50 Billion By 2030, With A CAGR Of Approximately 7.3 % Over the Forecast Period From 2023 To 2030.
A hot runner is a commercial feed tool used to transmit molten plastic into the holes of mold tools during the production of various plastic items. It comprises hot valves, flow control mechanisms, manifold plates, and nozzles. The material is kept molten on the containers using the manifold heating system until it flows into the mold cavity. Hot runners are frequently offered with valve gates and open gates. Due to the swift industrial development and strong demand for injection-molded plastic items from the automotive and healthcare industries, the global market for hot runners is expanding. The global hot runner market is expanding due to the growing trend toward automated plastic processing and packaging to increase productivity and efficiency. The major players also produce hot runners with an electronic valve gate to assure energy efficiency, further boosting the industry’s growth. The usage of hot runners is predicted to result in enhanced energy efficiency and cost savings, which will fuel the market’s expansion.
Supply chains are still being impacted by the pandemic scenario, which has swiftly changed. The economy has been paralyzed throughout the regions due to this predicament. However, in the first and second quarters of 2020, the global hot runner market experienced a little decline due to customers’ declining demand for plastic and the closure of manufacturing facilities.
Hot runner system demand is anticipated to increase over the projected period due to increased demand for injection molded parts of the highest quality in the automotive, manufacturing, retail, and food & beverage sectors. Currently, the automobile industry is concentrating on lightening the load of cars to cut emissions, mainly CO2. To boost engine efficiency and achieve the best emissions, manufacturers are thus substituting plastic for metal in the parts of automobiles. The storage of goods with a long shelf life is also a priority for merchants. Manufacturing firms are using high-quality plastic packaging to protect food from deterioration so that the product may be sustained for longer, thus advancing the hot market trends.
Over the projection period, the industry’s growth is anticipated to be hampered by the availability of alternatives to hot runners. However, constraints limiting market growth throughout the projection period include an unskilled labor force and escalating rivalry in the injection molding sector.
The global hot runner market is segregated based on gate type, product type, end-use industry, and region.
Hot Runner Market by Gate Type Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market by Product Type Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market by End-Use Industry Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market by Region Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market Report Scope | |
Report Attribute | Details |
Market Size Value in 2022 | USD 3.7 billion |
Revenue Forecast in 2030 | USD 6.5 billion |
Growth Rate | CAGR of 7.3 % from 2023 to 2030 |
Base Year for Estimation | 2022 |
Historical Data | 2017 – 2022 |
Forecast Years | 2023 – 2030 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2030 |
Report Coverage | Revenue forecast, company ranking, Trends competitive landscape, and growth factors |
Segments Covered | Gate Type, Product Type, End-User, and Region |
Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others |
Key Companies Profiled | 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 |
Table of Content
Chapter No. 1: Introduction
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. USP & Key Offerings
1.2. Key Benefits for Stakeholders
1.3. Target Audience
1.4. Report Scope
Chapter No. 2: Executive Summary
2.1. Hot Runner Market Snapshot
2.2. Global Hot Runner Market, 2017 – 2022 (USD Million)
2.1. Insights from Primary Respondents
Chapter No. 3: COVID-19 Impact Analysis
3.1. Impact Assessment of COVID-19 Pandemic, By Region
Chapter No. 4: Hot Runner Market – By Product Type Segment Analysis
4.1. Hot Runner Market Overview, by Product Type Segment
4.1.1. Hot Runner Market Revenue Share, By Product Type, 2022 & 2030
4.2. Insulated Runner
4.2.1. Global Insulated Runner Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
4.3. Heated Runner
4.3.1. Global Heated Runner Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
Chapter No. 5: Hot Runner Market – By Gate Type Segment Analysis
5.1. Hot Runner Market Overview, by Gate Type Segment
5.1.1. Hot Runner Market Revenue Share, By Gate Type, 2022 & 2030
5.2. Valve Gate Hot Runner
5.2.1. Global Hot Runner for Valve Gate Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
5.3. Open Gate Hot Runner
5.3.1. Global Hot Runner for Open Gate Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
Chapter No. 6: Hot Runner Market – By End-user Segment Analysis
6.1. Hot Runner Market Overview, by End-user Segment
6.1.1. Hot Runner Market Revenue Share, By End-user, 2022 & 2030
6.2. Automotive
6.2.1. Global Automotive Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
6.3. Electronic
6.3.1. Global Electronic Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
6.4. Medical
6.4.1. Global Medical Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
6.5. Packaging
6.5.1. Global Packaging Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
6.6. End-user Others
6.6.1. Global End-User Others Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
Chapter No. 7: Hot Runner Market – Regional Analysis
7.1. Hot Runner Market Overview, by Region Segment
7.1.1. Global Hot Runner Market Revenue Share, By Region, 2022 & 2030
7.1.2. Global Hot Runner Market Revenue, By Region, 2017 – 2022 (USD Million)
7.1.3. Global Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.1.4. Global Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.1.5. Global Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.2. North America
7.2.1. North America Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.2.2. North America Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.2.3. North America Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.2.4. North America Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.2.5. The U.S.
7.2.6. Canada
7.2.7. Mexico
7.3. Europe
7.3.1. Europe Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.3.2. Europe Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.3.3. Europe Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.3.4. Europe Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.3.5. UK
7.3.6. France
7.3.7. Germany
7.3.8. Italy
7.3.9. Spain
7.3.10. Russia
7.3.11. BENELUX
7.3.12. Sweden
7.3.13. Denmark
7.3.14. Poland
7.3.15. Austria
7.3.16. Rest of Europe
7.4. Asia Pacific
7.4.1. Asia Pacific Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.4.2. Asia Pacific Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.4.3. Asia Pacific Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.4.4. Asia Pacific Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.4.5. China
7.4.6. Japan
7.4.7. South Korea
7.4.8. India
7.4.9. Thailand
7.4.10. Indonesia
7.4.11. Vietnam
7.4.12. Malaysia
7.4.13. Philippines
7.4.14. Taiwan
7.4.15. Rest of Asia Pacific
7.5. Latin America
7.5.1. Latin America Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.5.2. Latin America Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.5.3. Latin America Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.5.4. Latin America Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.5.5. Brazil
7.5.6. Argentina
7.5.7. Colombia
7.5.8. Chile
7.5.9. Peru
7.5.10. Rest of Latin America
7.6. The Middle-East
7.6.1. Middle East Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.6.2. Middle East Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.6.3. Middle East Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.6.4. Middle East Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.6.5. GCC Countries
7.6.6. Israel
7.6.7. Turkey
7.6.8. Iran
7.6.9. Rest of Middle East & Africa
7.7. Africa
7.7.1. Africa Hot Runner Market Revenue, By Country, 2017 – 2022 (USD Million)
7.7.2. Africa Hot Runner Market Revenue, By Product Type, 2017 – 2022 (USD Million)
7.7.3. Africa Hot Runner Market Revenue, By Gate Type, 2017 – 2022 (USD Million)
7.7.4. Africa Hot Runner Market Revenue, By End-user, 2017 – 2022 (USD Million)
7.7.5. South Africa
7.7.6. Egypt
7.7.7. Nigeria
7.7.8. Algeria
7.7.9. Morocco
7.7.10. Rest of Africa
Chapter No. 8: Hot Runner Market – Industry Analysis
8.1. Introduction
8.2. Market Drivers
8.2.1. Driving Factor 1 Analysis
8.2.2. Driving Factor 2 Analysis
8.3. Market Restraints
8.3.1. Restraining Factor Analysis
8.4. Market Opportunities
8.4.1. Market Opportunity Analysis
8.5. Porter’s Five Forces Analysis
8.6. Value Chain Analysis
Chapter No. 9: Key Investment Pockets Analysis
9.1. Top Investment Pockets
9.1.1.1. Hot Runner Market Attractiveness Analysis, By Product Type
9.1.1.2. Hot Runner Market Attractiveness Analysis, By Gate Type
9.1.1.3. Hot Runner Market Attractiveness Analysis, By End-user
9.2. Product Life Cycle Analysis
9.3. Incremental Revenue Growth Opportunity, 2023 – 2030
9.3.1. Product Type
9.3.2. Gate Type
9.3.3. End-user
Chapter No. 10: Import Export Analysis
10.1. Import Analysis by Region
10.1.1. Global Hot Runner Market Import Revenue, By Region, 2017 – 2022 (USD Million)
10.2. Export Analysis by Region
10.2.1. Global Hot Runner Market Export Revenue, By Region, 2017 – 2022 (USD Million)
Chapter No. 11: Analysis of Competitive Landscape
11.1. Company Market Share Analysis – 2022
11.1.1. Global Hot Runner Market: Company Market Share, 2022
11.1. Global Hot Runner Market Company Market Share, 2022
11.2. Strategic Development
11.2.1. Acquisitions & Mergers
11.2.2. New Product Launch
11.2.3. Regional Expansion
Chapter No. 12: Company Profiles
12.1. Barnes Group Inc.
12.1.1. Company Overview
12.1.2. Product Portfolio
12.1.3. Financial Overview
12.1.4. Recent Developments
12.2. CACO PACIFIC Corporation
12.3. EWIKON Heißkanalsysteme GmbH
12.4. Fast Heat UK Limited
12.5. FISA Corporation
12.6. GÜNTHER Heisskanaltechnik GmbH
12.7. Husky Injection Molding Systems Ltd.
12.8. INCOE Corporation
12.9. Inglass S.p.A (OC Oerlikon Management AG)
12.10. Milacron Holdings Corp. (Hillenbrand Inc.)
12.11. Seiki Corporation
12.12. Yudo Co. Ltd.
Chapter No. 13: Research Methodology
13.1. Research Methodology
13.3.1. Company Share Analysis Model
13.3.2. Revenue-Based Modeling
13.5. Research Limitations
13.5.1. Assumptions
Hot Runner Market by Gate Type Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market by Product Type Outlook (Revenue, USD Billion, 2017 – 2030)
Hot Runner Market by End-Use Industry Outlook (Revenue, USD Billion, 2017 – 2030)
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