Global Metal Injection Molding Materials Market Growth 2023-2029

Global Metal Injection Molding Materials Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Metal Injection Molding Materials Industry Forecast” looks at past sales and reviews total world Metal Injection Molding Materials sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Injection Molding Materials sales for 2023 through 2029. With Metal Injection Molding Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Injection Molding Materials industry.
This Insight Report provides a comprehensive analysis of the global Metal Injection Molding Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Injection Molding Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Injection Molding Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Injection Molding Materials and breaks down the forecast by materials, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Injection Molding Materials.
The global Metal Injection Molding Materials market size is projected to grow from US$ 2145.3 million in 2022 to US$ 3229.3 million in 2029; it is expected to grow at a CAGR of 3229.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Injection Molding Materials market by product materials, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by materials
Stainless Steel
Steel
Magnetic Alloys
Copper
Others Alloys
Segmentation by application
Electronic
Automotive
Industrial Components
Medical & Dental
Firearms
Consumer Products
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Metal Injection Molding Materials market?
What factors are driving Metal Injection Molding Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Metal Injection Molding Materials market opportunities vary by end market size?
How does Metal Injection Molding Materials break out materials, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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