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

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

Report Overview

This report studies the Metal Injection Molding (MIM) market, 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 advantages of the metal injection molding process lie in its capability to produce mechanical properties nearly equivalent to wrought materials, while being a net-shape process technology with good dimensional tolerance control. Metal injection molded parts offer a nearly unlimited shape and geometric-feature capability, with high production rates possible through the use of multi-cavity tooling.

The Global Metal Injection Molding Parts MIM Parts Market Size was estimated at USD 2494.30 million in 2022 and is projected to reach USD 3676.83 million by 2029, exhibiting a CAGR of 5.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Metal Injection Molding Parts MIM Parts 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 Parts MIM Parts 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 Parts MIM Parts market in any manner.

Global Metal Injection Molding Parts MIM Parts 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

ARC Group

NIPPON PISTON RING

Schunk

Sintex

Praxis Powder Technology

ASH Industries

Form Technologies

Smith Metal Products

CMG Technologies

MPP

AMT

Dou Yee Technologies

Shin Zu Shing

GIAN

Future High-tech

CN Innovations

Market Segmentation (by Type)

Stainless Steel

Steel

Magnetic Alloys

Copper

Others Alloys

Market Segmentation (by Application)

Animal feed additives

Human Nutrition

Pharmaceutical

Cosmetics

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 Parts MIM Parts Market

Overview of the regional outlook of the Metal Injection Molding Parts MIM Parts 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