The India hot runner market size reached USD 130.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 230.0 Million by 2033, exhibiting a growth rate (CAGR) of 6% during 2025-2033. The market is expanding due to the rising demand for efficient injection molding solutions in industries, such as automotive, consumer goods, and packaging. Additionally, technological advancements in hot runner systems, offering improved precision and reduced cycle times, are driving market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 130.0 Million |
Market Forecast in 2033 | USD 230.0 Million |
Market Growth Rate 2025-2033 | 6% |
Growing Focus on Sustainable Manufacturing and Waste Reduction
Sustainability concerns are influencing the growth of hot runner systems in India, as manufacturers seek energy-efficient and low-waste production methods. For instance, in April 2024, the Godrej L'Affaire event announced a remarkable achievement feat by diverting approximately 94.8% of its waste from landfills. This achievement resulted in the prevention of over 2,690 kilograms of carbon emissions. Additionally, hot runner technology eliminates the need for runners, reducing plastic waste and improving overall material utilization. This is particularly crucial for industries where environmental regulations and sustainability targets are becoming stricter. Moreover, companies in packaging, medical devices, and FMCG sectors are adopting hot runner systems to align with global sustainability standards while enhancing operational cost savings. The shift toward biodegradable and recycled plastics is also prompting molders to adopt advanced hot runner systems that can handle specialized materials without compromising product quality. Furthermore, energy-efficient hot runner controllers are being widely integrated to optimize temperature regulation and lower energy consumption, aligning with India’s broader initiatives to reduce industrial carbon footprints and promote eco-friendly manufacturing practices.
Expansion of the Indian Plastic Processing Industry
India’s plastic processing industry is experiencing significant expansion, boosting demand for hot runner technology in injection molding. Increasing investments in automotive, packaging, and consumer goods manufacturing are driving the need for high-precision molding solutions that improve productivity and part consistency. The rise of foreign direct investments (FDI) and government initiatives like ‘Make in India’ are further fueling the adoption of advanced manufacturing technologies. For instance, as of August 2024, as per industry reports, foreign direct investment (FDI) in India's manufacturing sector increased by 69%, reaching US$165.1 Billion between 2014 and 2024, as compared to the previous decade. As India strengthens its position as a global manufacturing hub, local mold makers and injection molding companies are modernizing production facilities to remain competitive. The growth of small and medium enterprises (SMEs) in plastic manufacturing is also contributing to the rising demand for cost-effective and high-efficiency hot runner systems. With increasing exports of plastic components to international markets, Indian manufacturers are investing in state-of-the-art hot runner solutions to meet global quality standards, reduce cycle times, and improve overall operational efficiency.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on gate type, product type, and end use industry.
Gate Type Insights:
The report has provided a detailed breakup and analysis of the market based on the gate type. This includes valve gate hot runner and open gate hot runner.
Product Type Insights:
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes insulated runner and heated runner.
End Use Industry Insights:
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes automotive, electronic, medical, packaging, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Gate Types Covered | Valve Gate Hot Runner, Open Gate Hot Runner |
Product Types Covered | Insulated Runner, Heated Runner |
End Use Industries Covered | Automotive, Electronic, Medical, Packaging, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: