South Korea Hot Runner Systems Market Size & Outlook
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South Korea hot runner systems market highlights
- The South Korea hot runner systems market generated a revenue of USD 239.9 million in 2024 and is expected to reach USD 308.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.4% from 2025 to 2030.
- In terms of segment, valve gate was the largest revenue generating process in 2024.
- Valve Gate is the most lucrative process segment registering the fastest growth during the forecast period.
Hot runner systems market data book summary
| Market revenue in 2024 | USD 239.9 million |
| Market revenue in 2030 | USD 308.1 million |
| Growth rate | 4.4% (CAGR from 2025 to 2030) |
| Largest segment | Valve gate |
| Fastest growing segment | Valve Gate |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Valve Gate, Open Gate |
| Key market players worldwide | Polimold Industrial, Husky Injection Molding Systems, Synventive Molding Solutions, Incoe Corporation, Mold Masters, HASCO, EWIKON Heißkanalsysteme GmbH, Anole Injection Tech., GÜNTHER Heisskanaltechnik, Fast Heat, Barnes, Caco-Pacific Corporation, Meusburger Georg GmbH & Co KG, Polyshot |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.4% of the global hot runner systems market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hot runner systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 624.9 million by 2030.
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Hot Runner Systems Market Scope
Hot Runner Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Polyshot | View profile | 101-250 | Henrietta, New York, United States, North America | http://www.polyshot.com |
| Meusburger Georg GmbH & Co KG | View profile | 1001-5000 | Wolfurt, Vorarlberg, Austria, Europe | https://www.meusburger.com/ |
| Caco-Pacific Corporation | View profile | 101-250 | Covina, California, United States, North America | https://www.cacopacific.com |
| Fast Heat | View profile | 11-50 | https://fastheatbyspark.com/ | |
| GÜNTHER Heisskanaltechnik | View profile | 251-500 | Frankenberg, Sachsen, Germany, Europe | https://www.guenther-hotrunner.com/ |
| Anole Injection Tech. | View profile | 51-100 | Taizhou, Jiangsu, China, Asia | http://www.anole-hot-runner.com/ |
| EWIKON Heißkanalsysteme GmbH | View profile | 251-500 | Frankenberg, Sachsen, Germany, Europe | https://www.ewikon.com |
| HASCO | View profile | 101-250 | Lüdenscheid, Nordrhein-Westfalen, Germany, Europe | https://www.hasco.com |
| Mold Masters | View profile | 1001-5000 | Cincinnati, Ohio, United States, North America | http://www.moldmasters.com |
| Incoe Corporation | View profile | 501-1000 | Auburn Hills, Michigan, United States, North America | http://incoe.com |
| Polimold Industrial | View profile | 251-500 | São Bernardo Do Campo, Sao Paulo, Brazil, South America | https://www.polimold.com.br |
| Synventive Molding Solutions | View profile | 501-1000 | Peabody, Massachusetts, United States, North America | http://www.synventive.com/ |
| Barnes | View profile | 5001-10000 | Bristol, Connecticut, United States, North America | https://www.onebarnes.com |
| Husky Injection Molding Systems | View profile | 1001-5000 | Bolton, Ontario, Canada, North America | https://www.husky.co/en |
South Korea hot runner systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hot runner systems market will help companies and investors design strategic landscapes.
Valve gate was the largest segment with a revenue share of 67.36% in 2024. Horizon Databook has segmented the South Korea hot runner systems market based on valve gate, open gate covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of the healthcare budget is likely to spur increased demand for medical products and devices, driving the need for advanced manufacturing technologies like hot runner systems. These systems are crucial for the efficient production of high-quality plastic components used in medical equipment, ensuring the scalability and precision required to meet the growing medical needs in South Korea.
The initiative, which includes tax incentives and loans for key players, aims to strengthen South Korea’s EV battery industry and enhance its global competitiveness. As the automotive industry and EV production ramp up, the demand for precision manufacturing solutions, such as hot runner systems, is expected to grow.
Hot runner systems are essential for producing the high-quality plastic components required in EVs, such as battery casings, interior parts, and exterior components. This surge in investment and automotive production is set to drive significant growth in the hot runner systems market in South Korea.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hot runner systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hot runner systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea Process - Hot Runner Systems Market size, 2024 - 2030 (US$M)
South Korea Hot Runner Systems Market Outlook Share, 2024 & 2030 (US$M)
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