Global Metal Powder Injection Molding (MIM) Market Growth (Status and Outlook) 2023-2029

Global Metal Powder Injection Molding (MIM) Market Growth (Status and Outlook) 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 Powder Injection Molding (MIM) Industry Forecast” looks at past sales and reviews total world Metal Powder Injection Molding (MIM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Powder Injection Molding (MIM) sales for 2023 through 2029. With Metal Powder Injection Molding (MIM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Powder Injection Molding (MIM) industry.

This Insight Report provides a comprehensive analysis of the global Metal Powder Injection Molding (MIM) 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 Powder Injection Molding (MIM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metal Powder Injection Molding (MIM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Powder Injection Molding (MIM) and breaks down the forecast by type, 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 Powder Injection Molding (MIM).

The global Metal Powder Injection Molding (MIM) market size is projected to grow from US$ 2153.1 million in 2022 to US$ 3772.3 million in 2029; it is expected to grow at a CAGR of 8.3% from 2023 to 2029.

United States market for Metal Powder Injection Molding (MIM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Metal Powder Injection Molding (MIM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Metal Powder Injection Molding (MIM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Metal Powder Injection Molding (MIM) players cover Indo-Mim, OptiMIM (Form Technologies), ARC Group, Phillips-Medisize (Molex), Smith Metal Products, Netshape Technologies (MPP), Dean Group International, Sintex and CMG Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Powder Injection Molding (MIM) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Stainless Steel
Iron powder
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
Advanced Powder Products
Ecrimesa Group
CN Innovations
Shin Zu Shing
GIAN
Parmaco Metal Injection Molding AG
Dou Yee Technologies
Pacific Union Technologies Group
Uneec
Shenzhen YIBI Precision Technology
Jiangsu Haoyi Metal Technology
Jiaxing Ruide Materials Technology

Please note: The report will take approximately 2 business days to prepare and deliver.