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

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

The global Metal Powder Injection Molding (MIM) market size is projected to grow from US$ 3694 million in 2022 to US$ 7707.7 million in 2029; it is expected to grow at a CAGR of 11.1% from 2023 to 2029.

Global top manufacturers of metal powder injection molding (MIM) include Indo-Mim, OptiMIM (Form Technologies), ARC Group, Ecrimesa Group, Smith Metal Products, Netshape Technologies (MPP) and Uneec, etc. Indo-Mim, as the largest player, makes up about 5%.

China is the largest producer of metal powder injection molding, with a production market share over 50%. And China also holds the highest revenue market share over 40%.

Major product types of MIM include stainless steel, iron powder, magnetic alloys and copper, etc. Stainless steel is the largest segment, with a share nearly 60%.

MIM is widely used in electronic, automotive, industrial components, medical & dental and firearms, etc. The largest segment is electronic, with a share over 40%.

Metal Powder 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.

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).

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

Market Segmentation:

Segmentation by type
Stainless Steel
Iron Powder
Magnetic Alloys
Copper
Others

Segmentation by application
Electronic
Automotive
Industrial Components
Medical & Dental
Firearms
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
Ecrimesa Group
Smith Metal Products
Netshape Technologies (MPP)
Uneec
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
Union Precision Technologies Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Powder Injection Molding (MIM) market?

What factors are driving Metal Powder Injection Molding (MIM) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Powder Injection Molding (MIM) market opportunities vary by end market size?

How does Metal Powder Injection Molding (MIM) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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