Global Metal Injection Molding Materials Market Research Report 2023(Status and Outlook)

Global Metal Injection Molding Materials Market Research Report 2023(Status and Outlook)

Report Overview

Metal injection molding (MIM) is a metalworking process in which finely-powdered metal is mixed with binder material to create a ""feedstock"" that is then shaped and solidified using injection molding. The molding process allows high volume, complex parts to be shaped in a single step. After molding, the part undergoes conditioning operations to remove the binder and densify the powders. Finished products are small components used in many industries and applications.

Metal injection molding—MIM—offers a manufacturing capability for producing complex shapes in large quantities. The process utilizes fine metal powders (typically less than 20 micrometers) which are custom formulated with a binder (various thermoplastics, waxes, and other materials) into a feedstock which is granulated and then fed into a cavity (or multiple cavities) of a conventional injection molding machine. After the “green” component is removed, most of the binder is extracted by thermal or solvent processing and the rest is removed as the component is sintered (solid-state diffused) in a controlled-atmosphere furnace. The MIM process is very similar to plastic injection molding and high-pressure die casting, and it can produce much the same shapes and configuration features. However, it is limited to relatively small, highly complex parts that otherwise would require extensive finish machining or assembly operations if made by any other metal-forming process.

The global MIM Materials industry has a rather high concentration. The major manufacturers are Indo-MIM, ARC Group, NIPPON PISTON RING, GIAN, OptiMIM (Form Technologies), Schunk, etc.

In the world, the consumption regions of Metal Injection Molding Materials are mainly North America, Europe and Asia-Pacific. Asia-Pacific is the largest consumption area in the world, which accounts for over 35% of the total share.

MIM Materials downstream is wide and recently MIM Materials has acquired increasing significance in various fields of Industry, Automotive, Industrial Components, Electronics, Medical & Dental, Firearms, Consumer Products, others.

MIM Materials can be mainly divided into Stainless Steel, Steel, Magnetic Alloys, Copper, Other Alloys, which Stainless Steel captures over 55% of the MIM Parts market.

The Global Metal Injection Molding Materials Market Size was estimated at USD 1983.00 million in 2022 and is projected to reach USD 2942.54 million by 2029, exhibiting a CAGR of 5.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Metal Injection Molding Materials market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Metal Injection Molding Materials Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Metal Injection Molding Materials market in any manner.

Global Metal Injection Molding Materials Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Indo-Mim

OptiMIM (Form Technologies)

ARC Group

Phillips-Medisize (Molex)

Smith Metal Products

Netshape Technologies (MPP)

Dean Group International

Sintex

CMG Technologies

Future High-Tech

Parmatech Corporation (ATW Companies)

Nippon Piston Ring

Tanfel

Schunk

Amphenol Corporation

CN Innovations

Shin Zu Shing

GIAN

Parmaco Metal Injection Molding AG

Dou Yee Technologies

Market Segmentation (by Type)

Stainless Steel

Steel

Magnetic Alloys

Copper

Others Alloys

Market Segmentation (by Application)

M-phenylene Diamine

Dynamite

Pesticide & Pharmaceutical Intermediates

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Metal Injection Molding Materials Market

Overview of the regional outlook of the Metal Injection Molding Materials Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors