Global Metal and Ceramic Injection Molding Market – Industry Trends and Forecast to 2029

Get Exclusive Sample PDF of this Report Here

Market Analysis and Size

Industries in the metal and ceramic injection molding market are taking schemes by the BFSI sector and advantage of government stimulus packages to stay financially afloat during COVID-19 crisis. Due to the advancement in meeting high power demands and decreasing the size of engineering components in several end-use cases, comes the challenge of heat dissipation. Hence, companies should rise R&D in new design geometries for engineering components to manage high thermal loads with the help of heat pipes, aerodynamic fins and micro-channels. Although metal injection molding (MIM) in hardware is less suitable for metals at low melt temperatures such as aluminium and zinc, MIM applies to an extensive range of alloys such as ASTM F17 nickel-free stainless steel and titanium.

Data Bridge Market Research analyses that the metal and ceramic injection molding market was valued at USD 3.15 billion in 2021 and is expected to reach USD 6.05 billion by 2029, registering a CAGR of 8.50 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Report Scope and Market Segmentation

Get Exclusive Sample PDF of this Report Here

Market Definition

Metal injection molding (MIM) and ceramic injection molding (CIM) are innovative manufacturing technologies used in producing precision and complex net shape machineries from metal and ceramic powder, respectively. These two technologies are popular together, known as powder injection molding (PIM). Metal and ceramic injection molding technology delivers design flexibility for an unlimited choice of material offered by powder metallurgy (powdered metal and ceramic). Metal and ceramic injection molding deliver better productivity and dimensional limits of isostatic pressing and slip casting. It improves the lenience capacity of mechanical casting and investment casting and the shape limitation of the products. The low price complex designing facilities of MIM and CIM technology deliver lessen manufacturing and higher economies of time and scale by eradicating production steps such as finishing and machining.

Metal and Ceramic Injection Molding Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increase the demand in healthcare and medical industry

The healthcare and medical industry has robust demand for metal and ceramic injection molding injection for the technology. This technology is used to improve medical equipment such as implants, tubes, sensors, catheter tips, and micro-optics. Furthermore, the increasing demand for miniature constituents in manufacturing medical micro parts across the healthcare industry is again expected to drive the demand for micro injection molding.

• Rise the demand in firearms industry

Increase the demand in the firearms industry is raising the market growth of the metal and ceramic injection molding. This technology has important role in evolving advanced defence equipment that is heavyweight and complex-shaped. Metal injection molding is extensively adopted across the firearms industry to manufacture different types of firearms required in the defence industry. Thus the development of the firearms industry is anticipated to driving the market growth. 

• Increase in demand due to provide design flexibility

These materials are used to manufacture numerous end components include stainless steel, soft magnetic alloys, titanium alloys, and low-alloy steels. The main applications include electronic gadgets, firearms, medical equipment, and automotive components. These technologies offer design flexibility for multiple applications across many industries.

Opportunities

• Rise in the number of emerging economies

Emerging economies including Central & South America and Asia-Pacific are expected to experience robust growth over the forecast period due to increasing high demand and awareness for metal and ceramic devices. Emerging economies including china and India are supposed to lead the regional growth due to rapid industrialization in the forecast period.

• Rise in demand due to increase applications

Increasing applications of the powder injection molding is expected to deliver huge opportunities in the market. This technology is rapidly gaining demand from evolving applications such as alternative energy industries electrical and electromagnetic. Furthermore, growing use of powder injection molding technology in the manufacturing multitude of structures that can be molded in stators or armatures which is further expected to drive the market growth of the metal and ceramic injection molding.

Restraints/ Challenges

The high cost of raw materials used in the technology is hampering the adoption of metal and ceramic injection molding, which increases the overall cost of the metal injection molded products. Restriction on the manufacturing of three-dimensional products is anticipated to obstruct the market growth. The challenges related to the molded parts' weight and size are hampering the market growth. These factors are projected to hamper the market growth over the forecast period.

This metal and ceramic injection molding market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the metal and ceramic injection molding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Metal and Ceramic Injection Molding Market

The ongoing COVID-19 crisis are surging the Business activities in the metal and ceramic injection molding market in a staggered manner. Members in the market are implementing on the contingency planning to overcome supply and volatile demand for products. Market shareholders are concentrating on limited or positive negative impact industries such as consumer products, healthcare, and industrial machinery to keep economies running. Companies are taking data-driven decisions to unlock revenue opportunities in new end-use cases amid for the metal and ceramic injection molding market during pandemic. They are adapting to new industrial practices and guidelines which has issued by healthcare organizations to ensure business continuity and maintain the well-being of laborers and workers. Stakeholders are establishing a balanced relationship with ecosystem partners and suppliers to ensure stable income sources.

Global Metal and Ceramic Injection Molding Market Scope

The metal and ceramic injection molding market is segmented on the basis of material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

• Iron and Steel
• Stainless Steel
• Copper
• Aluminium
• Alumina
• Zirconia
• Others

Application

• Medical and Healthcare
• Industrial Machinery
• Consumer Products
• Automotive
• Aerospace
• Others

Metal and Ceramic Injection Molding Market Regional Analysis/Insights

The metal and ceramic injection molding market is analysed and market size insights and trends are provided by country, material and application as referenced above.

The countries covered in the metal and ceramic injection molding market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the metal and ceramic injection molding market in terms of market share and revenue during the forecast period. This is due to the increasing demand for metal and ceramic injection molding in this region. The Asia-Pacific region leads the metal and ceramic injection molding market, with China leading due to the growth of many industries such as automotive, aerospace, electronics, and others Due of the ease of large growth of many industries, China is leading the Asia-Pacific market.

During the projected period, North America is anticipated to be the fastest developing region due to due to the rising usages of advanced technology in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Metal and Ceramic Injection Molding Market Share Analysis

The metal and ceramic injection molding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal and ceramic injection molding market.

Some of the major players operating in the metal and ceramic injection molding market are:

• Form Technologies Company (US)
• CNI (China)
• Akron Porcelain & Plastics Co. (US)
• ARC Group Worldwide (US)
• CMG Technologies (US)
• PSM Industries (US)
• NIPPON PISTON RING Co Ltd. (Japan)
• ABBOT Furnace Company (US)
• Morgan Advanced Materials (UK)
• ARBURG GmbH + Co KG (Germany)
• Ortech Advanced Ceramics (Us)
• Epsom Atmix Corporation (Japan)
• INDO-MIM (US)
• Britt Manufacturing Company (US)
• Cypress Industries (US)
• AMT (China)
• GKN Powder Metallurgy (US)
• PTI (India)
• Smith Metal Products (US)

SKU-55321