Overview and Scope
Metal and ceramic injection molding are manufacturing technologies that are involved in innovative manufacturing technologies for producing precision and complex net-shaped machinery from metal and ceramic powder. These molding technologies are used to create high-strength, complex-structured products. Metal and ceramic injection molding technology offers design flexibility for a variety of materials offered by powder metallurgy.
Sizing and Forecast
The metal and ceramic injection molding market size has grown rapidly in recent years. It will grow from $3.74 billion in 2023 to $4.12 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to automotive component manufacturing, healthcare industry requirements, advancements in binder systems, rising demand for consumer goods, cost efficiency, material diversity..
The metal and ceramic injection molding market size is expected to see strong growth in the next few years. It will grow to $5.97 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing adoption of ceramic components, advancements in powder metallurgy, medical implant manufacturing, global growth in aerospace industry, expansion in defense applications, market entry of new players.. Major trends in the forecast period include integration of industry 4.0 technologies, advancements in material development, focus on sustainability, global market expansion, focus on quality and consistency..
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Segmentation & Regional Insights
The metal and ceramic injection molding market covered in this report is segmented –
1) By Material: Iron and Steel, Stainless Steel, Copper, Aluminium, Alumina, Zirconia, Other Materials
2) By Distribution Channel: Online Stores, Offline Stores
3) By Applications: Medical and Healthcare, Industrial Machinery, Consumer Products, Automotive, Aerospace, Other Applications
Asia-Pacific was the largest region in the metal and ceramic injection molding market in 2023. The regions covered in the metal and ceramic injection molding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increased demand for minimally invasive cosmetic surgery is expected to propel the growth of the metal and ceramic injection molding market going forward. Minimally invasive surgery is a surgery done via viewing scopes and specially designed surgical instruments that allow surgeons to perform major surgery through several tiny openings without the need for a large incision. The manufacturing of these surgical instruments uses metal and ceramic injection molding technology. For instance, in April 2022, according to a report published by The Aesthetic Society, a US-based society, aesthetic plastic surgery surged in 2021, with surgical procedures increasing by 54% and non-surgical procedures increasing by 44% compared to 2020. Therefore, the increasing preference for minimally invasive procedures will boost demand for metal and ceramic injection molding over the coming years.
Key Industry Players
Major companies operating in the metal and ceramic injection molding market report are Form Technologies Inc., ARC Group Worldwide Inc., CMG Technologies Ltd., PSM Industries Inc., Nippon Piston Ring Co. Ltd., Polymer Technologies Inc., INDO-MIM Pvt. Ltd., Parmaco Metal Injection Molding AG, Parmatech Corporation, Phillips-Medisize Corporation, Dynacast International Inc., Advanced Materials Technologies Pte Ltd., NetShape Technologies Inc., Morgan Advanced Materials plc, Arburg GmbH + Co KG, Ortech Inc., Chen Hsong Holdings Ltd., CoorsTek Inc., Epsom Atmix Corporation, FineMIM Co. Ltd., GKN Sinter Metals Engineering GmbH, Innovative MIM Solutions Inc., Jiangsu Gian MIM Technology Co. Ltd., Kinetics Climax Inc., MIM International Inc., MPP Inc., Metal Injection Molding Company Inc., Nissei Plastic Industrial Co.Ltd., Praxis Powder Technology Inc., Rauschert GmbH, Sembach Technical Ceramics GmbH, Shandong Jinzhu New Material Technology Co. Ltd., Sintex A/S, Smith Metal Products Inc., Stackpole International Inc., Taiwan Powder Technologies Co. Ltd., The Japan Steel Works Ltd., Thixomat Inc., Ticona Engineering Polymers Inc., Tosoh Corporation, Xcentric Mold & Engineering Inc., Zoltrix Material Co. Ltd., Zirconium Research Corporation, Zollern GmbH & Co. KG
The metal and ceramic injection molding market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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