Global Powder Injection Molding Market-Industry Analysis and Forecast (2019-2027)
Global Powder Injection Molding Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027 at a CAGR of XX % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Global Powder Injection Molding Market Dynamics:
The major driving factor for the global powder injection molding market includes the growing demand for miniaturized complex components to be used as high-performance materials in various end-user industries. Also, the growing demand for medical equipment has fuelled the demand for powder injection molding to manufacture medical micro-parts that is used in various medical procedures and techniques.
Invasive surgery, Intravenous therapy, advanced drug delivery, and vascular therapy require precise equipment manufactured with state-of-the-art manufacturing methods. Intricate shapes of medical devices require specialized manufacturing methods. The ability of the powder injection molding method to form precise shapes as compared to conventional manufacturing methods is enhancing the growth of the medical and healthcare application segment.
Regional Insights of the Global Powder Injection Molding Market:
Geographically, Asia Pacific is currently the dominant market for ceramic and metal injection molding at a global level. The powder injection molding market is mostly established in the automotive industry, where machine and machine-component manufacturers serve as the dominant market share end-user group for the powder injection molding process. Further, the powder injection molding market is supplemented by new environmental regulations, mandatory for companies to streamline production methodologies and reduce emissions. Therefore, the market for powder injection molding is growing as it produces parts to near net shape, thereby eliminating secondary machining processes.
Thus, technologically advanced machine tool markets such as in Europe, with strict government regulations, are likely to create several opportunities for the global powder injection molding market. Additionally, increasing firearms usage in the defense industry, especially in the U.S., is estimated to boost powder injection molding industry growth in North America. Asia Pacific's demand for powder injection molding is driven by the demand from electronics component applications. The European powder injection molding market is conquered by automotive applications, whereas, North American powder injection molding market is dominated by medical & healthcare applications.
Therefore, it is expected that the regional market of powder injection molding market varies on a broader spectrum due to the variation in technology along with the variation in end-user industries growth in the respective regions. Further, market participants are more focused to target respective end-user industries to invent specialized products.
The objective of the report is to present a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The reports also help in understanding dynamics, structure by analyzing the market segments by type, end-use, and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the powder injection molding market.
Global Powder Injection Molding Market, Key Highlights:
• Global Powder Injection Molding Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Powder Injection Molding Market
• Global Powder Injection Molding Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Powder Injection Molding Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Powder Injection Molding Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Powder Injection Molding Market are also profiled.
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Scope of the Global Powder Injection Molding Market Report:
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Global Powder Injection Molding Market, by Type
• Metal Injection
• Ceramic Injection
Global Powder Injection Molding Market, by Industry Vertical
• Consumer Goods
• Aerospace & Defense
• Automotive
• Healthcare
• Others
Global Powder Injection Molding Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Powder Injection Molding Market:
• Advanced Materials Technologies.
• Dynacast International
• Vibrom
• ARC Group Worldwide
• ARBURG
• Cypress Industries
• Reaux Medical Molding.
• Fours Industriels B.M.I.
• Mahler GmbH
• Indo-MIM Pvt. Ltd.
• Arburg GmbH
• Epson Atmix Corporation
• Phillips-Medsize Corporation
• Zoltrix Material Guangzhou Ltd.
• Morgan Advanced PLC
• Plansee Group
• ARBURG
• GKN Plc
• MPP
• Indo US-MIM Tech Pvt.Ltd
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