Metal Injection Molding (MIM) Market
Metal Injection Molding (MIM) Market is expected to reach USD XX Billion by 2026 from USD 2.45 Billion in 2019 at a CAGR of XX
%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Metal Injection Molding Market
Metal injection molding process is largely used by manufacturers due to reduced finishing operations, minimum material wastage and production of more components with superior properties. It is a relatively more cost-effective technology as compared to other conventional methods and products manufactured using this process shows better mechanical properties superior than powder metal parts & castings.
Metal injection molding (MIM) market based on material type has been segmented into stainless steel, low alloy steel, soft magnetic material and others. Stainless steel segment is expected to hold one of the largest shares of the market for metal injection molding during the forecast period. Wide application of stainless steel in various end-use industries due to its relatively lower price as compared to other material types is one of the factors driving demand for stainless steel.
Based on end-use industry, the market has been segmented into electrical & electronics, automotive, industrial, consumer products, medical & orthodontics and firearms & defense. Electrical & electronics segment is expected to be one of the major contributors to the market growth. This is due to the increasing demand for small sized electronic devices.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Asia Pacific is expected to be one of the largest markets for metal injection molding during the forecast period. Increasing demand from end-use industries is expected to drive the metal injection molding market in the Asia Pacific region.
Scope of the Report
Market, by Material Type:
• Stainless Steel
• Low Alloy Steel
• Soft Magnetic Material
• Others (Tool Steel, Titanium, Tungsten)
Market, By End-Use Industry:
• Electrical & Electronics
• Automotive
• Medical & Orthodontics
• Consumer Products
• Industrial
• Firearms & Defense
• Others
Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Market:
• Indo-MIM
• ARC Group Worldwide
• Dynacast International
• Phillips-Medisize
• NetShape Technologies
• Smith Metal Products
• Dean Group International
• CMG Technologies
• Sintex A/S
• Future High-Tech
• Parmatech Corporation
• Parmaco Metal Injection Molding
• Tanfel Metal
• Husky Injection Molding Systems Ltd.
• Reaux Medical Molding.
• Injectamax International, LLC.
• Fours Industriels B.M.I
• Optimum
• Akron Porcelain & Plastics Co.
• CN Innovations Holdings Ltd.
• Form Technologies Company
• Advanced Materials Technologies Pte. Ltd.
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