Industry Overview:
IMARC Group’s latest research report, titled “Metal Injection Molding Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” the global metal injection molding market reached a value of US$ 3.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.41 Billion by 2027, exhibiting a CAGR of 10.70% during 2022-2027. offers a comprehensive analysis of the industry, which comprises insights on the Metal Injection Molding Market Growth . The report also includes competitor and regional analysis, and contemporary advancements in the market.
Metal injection molding assists in imparting a desired shape to molten metals. The binder and metal powder are added to the injection molding machine that injects the feed into the mold to attain the desired shape. This process is usually defined by high design flexibility and fast cycle times. It has replaced the traditional technology owing to the call for high-volume metal parts for automotive and military applications. This procedure is advantageous as it results in less wastage of raw materials, cost-effectiveness, and low production time. Electronic products produced using metal injection molding technology can be used in numerous applications due to their quick processing time, high-quality end-product, and the removal of secondary procedures.
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Metal Injection Molding Market Growth:
The global market is majorly driven by the growing requirement for cutting-edge shaping procedures for delivering complex metal structures. In line with this, the increasing demand for miniature metal parts for automation and aviation businesses is significantly contributing to the market growth. Furthermore, rapid industrialization is positively influencing the demand for metal injection molding technology across the globe. Apart from this, the rising usage of the process for the production of firearms and aerospace components across various regions is catalyzing the market growth. Moreover, the growing popularity of the technology in the production of healthcare devices especially meant for advanced drug delivery and invasive surgeries is propelling the market. Besides this, the rising need to impart complex designs to high-performance materials in various end-use industries, such as automotive, medical, electronics, and defense and aerospace industries, is strengthening the market growth.
Key Players Included in Global Metal Injection Molding Market Research Report:
- Amphenol Corporation
- ARC Group Worldwide Inc.
- ATW Companies Inc.
- CMG Technologies
- CN Innovations Ltd.
- Dean Group International Ltd
- Ernst Reiner GmbH & Co. KG
- Metal Powder Products LLC
- Parmaco Metal Injection Molding AG
- Sintex a/s
- Smith Metal Products and Tanfel Metal.
Key Market Segmentation:
Breakup by Material Type:
- Stainless Steel
- Low Alloy Steel
- Soft Magnetic Material
- Others
by End Use Industry:
- Electrical and Electronics
- Automotive
- Medical and Orthodontics
- Consumer Products
- Firearms and Defense
- Others
by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Metal Injection Molding Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Metal Injection Molding Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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