![](https://www.businessmarketinsights.com/assets/img/reports-icon.png)
Asia Pacific Hot Runner Temperature Controller Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Valve Gate Hot Runner and Open Gate Hot Runner), Application (Automotive Industry, Electronic Industry, Medical Industry, Packaging Industry, and Others), and Control Zone (Up to 12 Zones, 12-48 Zones, 48-72 Zones, 72-108 Zones, 108- 144 Zones, 144-180 Zones, 180-216 Zones, and Above 216 Zones)
Market Introduction
The Asia Pacific hot runner temperature controller market is expected grow at a significant CAGR during the forecast period. Many countries in the region have become manufacturing hubs with the presence of diverse manufacturing industries. China, India, South Korea, Japan, and Australia are among the key countries in the hot runner temperature controller market in Asia Pacific. The automotive, medical, packaging, and other industries, especially in China, are procuring hot runner temperature controller to generate plastic molds for their products and solutions. China is continuously scaling up the manufacturing of electronics, auto parts, and medical equipment due to a continuous surge in demand for products. This has propelled the demand for hot runner temperature controllers among the OEMs. Furthermore, the region’s boosting economy has raised disposable income of individuals, which results in purchase of high-end products, including smartphones, laptops, wearables, and tablets. China, India, Indonesia, and Japan are emerging markets with a large number of consumer electronics users. This factor also boosts the hot runner temperature controller market in the region. In addition, several industries in the abovementioned countries are also incorporating Industry 4.0 to simplify the production processes and attain higher profits.
Asia Pacific includes most of the world’s highly populated countries, such as China, India, and Japan, which has led to a harsh impact of the COVID-19 pandemic on these countries. Also, the metal injection molding industry across countries such as China and India have witnessed adverse effects of the pandemic, which has been a major factor to lower the adoption of hot runner temperature controller systems across the region. Moreover, the temporary shutdown of industrial facilities has resulted in disruption in production of different industrial products due to reduction in demand. The pandemic has also raised the concerns regarding the shortage of molded plastics for different industries due to a widened demand and supply gap across Asian countries, caused by increased demand for plastics for food packaging, automobile components, and personal protective equipment. The demand for plastic molding has also increased due to adoption of plastics across multiple industries such as automotive, aerospace, medical, packaging, and electrical & electronics which will impact the industrial operations in the near future. This is expected to boost the demand for automation across the molding industry in Asia Pacific, further bolstering the demand for equipment such as hot runner temperature controllers.
Get more information on this report :
Market Overview and Dynamics
The hot runner temperature controller market in Asia Pacific is expected to grow from US$ 36.09 million in 2021 to US$ 64.39 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028. Plastic is transformed from a raw material to a proper form using hot runner controllers. Demand for hot runner temperature controller systems has increased with surge in the need for molded plastic in the automotive, home appliance, electrical, and electronics industries. Due to the suitability of versatile plastic components in flexible packaging, pipelines, insulation and coatings, and medical devices, customers’ demand for hot runner temperature controller devices is on rise. Furthermore, increased demand from the construction industry due to the widespread use of injection-molded plastics in flooring, roofing, pipelines, walls, insulation, and windows has boosted the demand. Injection molding is one of the most widely used plastics manufacturing processes, as it is capable of providing a realistic solution for the mass production of high-quality injection automobile parts from various polymers. Automotive plastic injection molding is a critical production technique in the automotive sector, where consistency, safety, and quality are crucial. Medical plastic parts are subjected to rigorous quality checks in all the phases, ranging from the prototype phase through high-volume production phase. Disposable packaging, syringes, petri dishes, and test tubes are among the medical products available, as are parts for sensors, diagnostic equipment, and plastic implants. Medical-grade plastics feature a wide range of properties; a majority of these are delicate and can only be manufactured within a narrow processing window. Mold Hotrunner Solutions Inc., for instance, offers high-performance hot runner systems named Rheo-Pro for producing medical parts. Thus, the use of hot runners significantly reduces production costs by eliminating the requirement of cold runners, and related part handling and regrind materials. Furthermore, plastic injection-molded parts are subject to stringent regulations in the packaging business. Thin-walled, lightweight molded parts, as well as the maximum manufacturing capacity, are examples of this. MHS offers a variety of plastic injection molding options, including thin-walled containers and closures as well as PET bottle preform molds, for high-volume packaging. Plastics play a significant role in the building industry's evolution; items made from this material are increasingly being used by architects, engineers, and developers due to their material properties, strength, appearance, manufacturability, and durability. MHS provides injection molding solutions for various applications, including flooring systems, roofing, siding, fence, irrigation, plumbing, fittings, fasteners, and machines. Thus, the growing use of molded plastics in automotive, medical devices, construction, and packaging industries is boosting the hot runner temperature controller market growth.
Key Market Segments
In terms of type, the valve gate segment accounted for the largest share of the Asia Pacific hot runner temperature controller market in 2020. In terms of application, the packaging industry segment accounted for the largest share of the Asia Pacific hot runner temperature controller market in 2020. In term of control zone, the 12-48 Zones segment held a larger market share of the hot runner temperature controller market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the hot runner temperature controller market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Gammaflux; Husky Injection Molding Systems Ltd.; Meusburger Georg GmbH & Co KG; INGLASS S.P.A.; Hillenbrand, Inc.; GÜNTHER Heisskanaltechnik GmbH; and EWIKON HEIßKANALSYSTEME GMBH among others.
Reasons to buy report
- To understand the Asia Pacific hot runner temperature controller market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific hot runner temperature controller market
- Efficiently plan M&A and partnership deals in Asia Pacific hot runner temperature controller market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific hot runner temperature controller market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.
Asia Pacific Hot Runner Temperature Controller Market Segmentation
Asia Pacific Hot Runner Temperature Controller Market – By Type
- Valve Gate
- Open Gate
Asia Pacific Hot Runner Temperature Controller Market – By Application
- Automotive Industry
- Electronic Industry
- Medical Industry
- Packaging Industry
- Others
Asia Pacific Hot Runner Temperature Controller Market – By Control Zone
- Up to 12 Zones
- 12-48 Zones
- 48-72 Zones
- 72-108 Zones
- 108-144 Zones
- 144-180 Zones
- 180-216 Zones
- Above 216 Zones
Asia Pacific Hot Runner Temperature Controller Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia Pacific Hot Runner Temperature Controller Market – Companies Mentioned
- Gammaflux
- Husky Injection Molding Systems Ltd.
- Meusburger Georg GmbH & Co KG
- INGLASS S.P.A.
- Hillenbrand, Inc.
- Mold Hotrunner Solutions Inc.
- GÜNTHER Heisskanaltechnik GmbH
- EWIKON HEIßKANALSYSTEME GMBH
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Hot Runner Temperature Controller – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Hot Runner Temperature Controller Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Fostering Use of Molded Plastics in Automotive, Medical Devices, Construction, and Packaging Industries
5.1.2 Shrinking Cycle Time and Reduction of Plastic Waste
5.2 Key Market Restraints
5.2.1 Strong Dependency on Manufacturing Sector
5.3 Key Market Opportunities
5.3.1 Flourishing IoT and Industry 4.O
5.4 Future Trends
5.4.1 Thriving Adoption of New-Generation Multizone Hot Runner Controller Technology
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific Hot Runner Temperature Controller – Market Analysis
6.1 Asia Pacific Hot Runner Temperature Controller Market Overview
6.2 Asia Pacific Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Hot Runner Temperature Controller Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Hot Runner Temperature Controller Market- by Type
7.3 Valve Gate Hot Runner
7.3.1 Overview
7.3.2 Valve Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
7.4 Open Gate Hot Runner
7.4.1 Overview
7.4.2 Open Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Hot Runner Temperature Controller Market Analysis – By Application
8.1 Overview
8.2 Asia Pacific Hot Runner Temperature Controller Market- By Application
8.3 Automotive Industry
8.3.1 Overview
8.3.2 Automotive Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.4 Electronic Industry
8.4.1 Overview
8.4.2 Electronic Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.5 Medical Industry
8.5.1 Overview
8.5.2 Medical Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.6 Packaging Industry
8.6.1 Overview
8.6.2 Packaging Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Hot Runner Temperature Controller Market Analysis – By Control Zone
9.1 Overview
9.2 Asia Pacific Hot Runner Temperature Controller Market- By Control Zone
9.3 Up to 12 Zones
9.3.1 Overview
9.3.2 Up to 12 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.4-48 Zones
9.4.1 Overview
9.4.2-48 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.5-72 Zones
9.5.1 Overview
9.5.2-72 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.6-108 Zones
9.6.1 Overview
9.6.2-108 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.7-144 Zones
9.7.1 Overview
9.7.2-144 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.8-180 Zones
9.8.1 Overview
9.8.2-180 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.9-216 Zones
9.9.1 Overview
9.9.2-216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
9.10 Above 216 Zones
9.10.1 Overview
9.10.2 Above 216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Hot Runner Temperature Controller Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Hot Runner Temperature Controller Market- by Key Country
10.1.1.1 China: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 China: Hot Runner Temperature Controller Market- by Type
10.1.1.1.2 China: Hot Runner Temperature Controller Market- By Application
10.1.1.1.3 China: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.2 India: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 India: Hot Runner Temperature Controller Market- by Type
10.1.1.2.2 India: Hot Runner Temperature Controller Market- By Application
10.1.1.2.3 India: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.3 Japan: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Japan: Hot Runner Temperature Controller Market- by Type
10.1.1.3.2 Japan: Hot Runner Temperature Controller Market- By Application
10.1.1.3.3 Japan: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.4 South Korea: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 South Korea: Hot Runner Temperature Controller Market- by Type
10.1.1.4.2 South Korea: Hot Runner Temperature Controller Market- By Application
10.1.1.4.3 South Korea: Hot Runner Temperature Controller Market- By Control Zone
10.1.1.5 Rest of APAC: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Rest of APAC: Hot Runner Temperature Controller Market- by Type
10.1.1.5.2 Rest of APAC: Hot Runner Temperature Controller Market- By Application
10.1.1.5.3 Rest of APAC: Hot Runner Temperature Controller Market- By Control Zone
11. Impact of COVID-19 Pandemic on Asia Pacific Hot Runner Temperature Controller Market
11.1.1 Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 EWIKON HEIßKANALSYSTEME GMBH.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Gammaflux
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 GÜNTHER Heisskanaltechnik GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Husky Injection Molding Systems Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Meusburger Georg GmbH & Co KG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 INGLASS S.P.A.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Hillenbrand, Inc. (MOLD-MASTERS)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Hot Runner Temperature Controller Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. China: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 5. India: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. India: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of APAC: Hot Runner Temperature Controller Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of APAC: Hot Runner Temperature Controller Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of APAC: Hot Runner Temperature Controller Market- By Control Zone –Revenue and Forecast to 2028 (US$ Million)
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Hot Runner Temperature Controller Market Segmentation
Figure 2. Asia Pacific Hot Runner Temperature Controller Market Segmentation – By Country
Figure 3. Asia Pacific Hot Runner Temperature Controller Market Overview
Figure 4. Valve Gate Hot Runner Segment Held the Largest Market Share in 2020
Figure 5. Packaging Industry Segment Held the Largest Market Share in 2020
Figure 6.-72 Zone Segment Held the Largest Market Share in 2020
Figure 7. China was the Largest Revenue Contributor in 2020
Figure 8. Asia Pacific – PEST Analysis
Figure 9. Hot Runner Temperature Controller Market– Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. Asia Pacific Hot Runner Temperature Controller Market: Impact Analysis of Drivers and Restraints
Figure 12. Asia Pacific Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Asia Pacific Hot Runner Temperature Controller Market Revenue Share, By Type (2020 and 2028)
Figure 14. Valve Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Open Gate Hot Runner: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Asia Pacific Hot Runner Temperature Controller Market Revenue Share, By Application (2020 and 2028)
Figure 17. Automotive Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronic Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Medical Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Packaging Industry: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Asia Pacific Hot Runner Temperature Controller Market Revenue Share, By Control Zone (2020 and 2028)
Figure 23. Up to 12 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 24.-48 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 25.-72 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.-108 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 27.-144 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 28.-180 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 29.-216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Above 216 Zones: Hot Runner Temperature Controller Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Geographic Overview: Asia Pacific Hot Runner Temperature Controller Market
Figure 32. Asia Pacific Hot Runner Temperature Controller Market Revenue Share, By Key Country (2020 and 2028)
Figure 33. China: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. India: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Japan: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. South Korea: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of APAC: Hot Runner Temperature Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Gammaflux
- Husky Injection Molding Systems Ltd.
- Meusburger Georg GmbH & Co KG
- INGLASS S.P.A.
- Hillenbrand, Inc.
- Mold Hotrunner Solutions Inc.
- GÜNTHER Heisskanaltechnik GmbH
- EWIKON HEIßKANALSYSTEME GMBH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific hot runner temperature controller market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hot runner temperature controller market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the hot runner temperature controller market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution