Metal and Ceramic Injection Molding Market to Gain Huge Traction During the Forecast Period 2021-2024

Metal and Ceramic Injection Molding Market to
Gain Huge Traction During the Forecast Period
2021-2024
“Metal injection molding (MIM) and ceramic injection molding (CIM) technology are complex processes in
which materials such as metals & ceramic are put into machined techniques.”
Global Metal and Ceramic Injection Molding Market is expected to experience brisk over the forecast period growth
due to increased demand for minimal invasive cosmetic surgery in the developed regions. Huge investment by
manufactures in this industry is presumed to fuel the Metal and ceramic injection molding market growth over the
next eight year period.
Metal injection molding (MIM) and ceramic injection molding (CIM) technology are complex processes in which
materials such as metals & ceramic are put into machined techniques. The procedure is managed with high accuracy
and precision to provide the required products for a particular industry. Metal and ceramic injection molding
technologies functions as two segments in powder injection molding (PIM). PIM comprising MIM and CIM is
innovative manufacturing technologies to produce complex and high volume net-shaped components. The
components are made with the metal and ceramic powder usage. The materials which are used to manufacture
several end components include titanium alloys, stainless steel, soft magnetic alloys, and low-alloy steels. The end
components manufactured include medical equipment, electronic gadgets, firearms, and automotive components
for a varied range of end-user industries. These technologies provide the design flexibility for unlimited material
choice offered by the powder metallurgy (powdered ceramic and metal).
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Rapid industrialisation across the world is estimated to fuel the market growth over the forecast period. Huge
growth in automobile industry coupled with heavy production the demand for this technology is presumed to have
positive impact on the industry growth in the near future. Growth and development in medical & healthcare sector
is expected to further boost the industry growth over the next eight year period. Rise in disposable income and
automobile industry expansion is developing regions is estimated to enhance the market growth. Several

advantageous characteristics involved with the usage of these technologies is presumed to contribute for the Metal
and ceramic injection molding market expansion. It advances lenience capacity involved with investment casting
moreover it increases mechanical strength, and improves the products shape limitation.
The low cost along with complex designing capabilities, MIM and CIS technology deliver higher economy of scale
and reduce the time taken to manufacture a product by eliminating production steps such as finishing and
machining. The manufacturing process involves mainly four steps in metal and ceramic injection molding feedstock
preparation, debinding injection modelling and sintering. Increasing demand for consumer product such as
eyeglasses and watches is expected to further enhance the growth in the near future for metal and ceramic
injection molding market. Growing firearms industry is presumed to further propel the metal and ceramic injection
molding technologies demand. Heavy demand for minimal invasive cosmetic surgery in the developed regions is
expected to boost the industry growth.
Limitation on finished fragments size and weight is presumed to hinder the market demand in the near future.
Several new applications for powder injection molding is presumed to open new opportunity for the industry
vendors over the next eight year period. High substitution threat from other molding technique due to user friendly
easy availability characteristics is expected to challenge the industry demand. Moreover, substitute techniques
properties such as easy tooling, cost effective operation and, moderate working requirements has challenged the
industry growth in recent years.
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The metal and ceramic injection molding market can be classified based on end users as automotive, medical &
healthcare, consumer’s product, aerospace, industrial machinery, electronics and defense among several others.
Key regional markets include North America, Central & South America, Europe, Middle East & Africa, and Asia
Pacific. Developed regions such as North America are estimated to witness positive growth over the next eight year
period owing to huge demand form healthcare sector. Europe is expected to witness rapid growth due to increase
in demand from Germany and Italy based automotive manufacturers. Developing regions such as Asia Pacific and
Central & South America are expected to experience rapid growth in industry over the next eight years period
owing to rising awareness, rise in disposable income and high demand for metal and ceramic devices. Emerging
economies such as India and China is presumed to have huge growth in the near future due to rapid
industrialization. Innovation and development towards quality product is anticipated to further enhance the growth
in this region in near future.
Vendors are investing on research and development to generate advanced product which give them competitive
advantage over other vendors. The companies are expected to take strong measures to gain market share and to
deliver better quality product demand. Prominent industry participants include AB Components, Hong Ya Industrial,
Abbot Furnace Company, Cypress Industries, G-Mag International, Datumag Inc., Affinity International LLC., and
Britt Manufacturing Co.
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