Asia Pacific Ceramic Injection Molding Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Alumina, Zirconia, and Others) and Industry Vertical (Industrial Machinery, Automotive, Healthcare, Electrical and Electronics, Consumer Good

Asia Pacific Ceramic Injection Molding Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Alumina, Zirconia, and Others) and Industry Vertical (Industrial Machinery, Automotive, Healthcare, Electrical and Electronics, Consumer Goods, and Others)

The Asia Pacific ceramic injection molding market is expected to grow from US$ 173.22 million in 2022 to US$ 283.48 million by 2028. It is estimated to grow at a CAGR of 8.6% from 2022 to 2028.

Tremendous Expansion of Healthcare Industry is Fuelling the Asia Pacific Ceramic Injection Molding Market

The development and growth in the medical and healthcare sectors are escalating the industry demand. Ceramic injection molding is used to manufacture various medical components such as prosthetic replacements, dental implants, endoscopic tools, tweezers, and scissors. Rising dental implant applications in several therapeutic areas, coupled with the escalating demand for prosthetics, are considered to create market opportunities. The increasing number of dental injuries due to sports injuries and road accidents are also regarded as some of the significant factors favoring the demand for dental implants. Moreover, the expansion of the geriatric population with oral problems also provides market demand. Furthermore, the high demand for minimally invasive cosmetic surgery across developed and developing countries is projected to propel the market growth. Changing lifestyles and increased beauty consciousness stimulate the demand for cosmetic procedures, which is anticipated to augment cosmetic surgeries' growth. Thus, it is projected that the rapidly expanding healthcare and medical sectors will likely drive the growth of Asia Pacific ceramic injection molding market in the coming years.

Asia Pacific Ceramic Injection Molding Market Overview

The Asia Pacific ceramic injection molding market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Rapid urbanization, growth of middle-class population, development of industrial and manufacturing sector, and notable economic development are some of the key factors that provide lucrative opportunities for the expansion of ceramic injection molding market across Asia Pacific. Many Asia Pacific companies of ceramic injection molding are expanding their footprints across Asia Pacific countries such as China, India, Japan, and South Korea due to adoption of advanced manufacturing infrastructure, presence of potential consumer base, strong foothold of industries such as electronics, automotive, and FMCG (fast-moving consumer goods), abundance of resources, favorable government policies, and availability of cheap skilled labor. Asia Pacific players, such as INDO-MIM, Nishimura Advanced Ceramics Co., Ltd, and others, are operating actively in the Asia Pacific ceramic injection molding market which drives the market growth.

Asia Pacific Ceramic Injection Molding Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Ceramic Injection Molding Market Segmentation

The Asia Pacific ceramic injection molding market is segmented based on type, industry vertical, and country.

Based on type, the Asia Pacific ceramic injection molding market is segmented into alumina, zirconia, and others. The alumina segment held the largest market share in 2022.

Based on industry vertical, the Asia Pacific ceramic injection molding market is segmented into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. The healthcare segment held the largest market share in 2022.

Based on country, the Asia Pacific ceramic injection molding market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China dominated the market in 2022.

AMT PTE. LTD.; ARBURG GmbH + Co KG; CoorsTek Inc.; INDO-MIM; MICRO; Morgan Advanced Materials; Nishimura Advanced Ceramics Co., Ltd.; and Oechsler AG are the leading companies operating in the Asia Pacific ceramic injection molding market.

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