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

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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