Metal And Ceramic Injection Molding Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
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LONDON, GREATER LONDON, UNITED KINGDOM, October 4, 2024 /EINPresswire.com/ -- The metal and ceramic injection molding market has experienced robust growth in recent years, expanding from $3.74 billion in 2023 to $4.12 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to automotive component manufacturing, healthcare industry requirements, advancements in binder systems, rising demand for consumer goods, cost efficiency, material diversity.
What Is The Estimated Market Size Of The Global Metal And Ceramic Injection Molding Market And Its Annual Growth Rate?
The metal and ceramic injection molding market is projected to continue its strong growth, reaching to $5.97 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing adoption of ceramic components, advancements in powder metallurgy, medical implant manufacturing, global growth in aerospace industry, expansion in defense applications, market entry of new players. Major trends in the forecast period include integration of industry 4.0 technologies, advancements in material development, focus on sustainability, global market expansion, focus on quality and consistency.
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Growth Driver Of The Metal And Ceramic Injection Molding MarketIncreased demand for minimally invasive cosmetic surgery is expected to propel the growth of the metal and ceramic injection molding market going forward. Minimally invasive surgery is a surgery done via viewing scopes and specially designed surgical instruments that allow surgeons to perform major surgery through several tiny openings without the need for a large incision. The manufacturing of these surgical instruments uses metal and ceramic injection molding technology.
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Which Market Players Are Steering the Metal And Ceramic Injection Molding Market Growth?Key players in the metal and ceramic injection molding market include Form Technologies Inc., ARC Group Worldwide Inc., CMG Technologies Ltd., PSM Industries Inc., Nippon Piston Ring Co. Ltd., Polymer Technologies Inc., INDO-MIM Pvt. Ltd., Parmaco Metal Injection Molding AG, Parmatech Corporation, Phillips-Medisize Corporation, Dynacast International Inc., Advanced Materials Technologies Pte Ltd., NetShape Technologies Inc., Morgan Advanced Materials plc, Arburg GmbH + Co KG, Ortech Inc., Chen Hsong Holdings Ltd., CoorsTek Inc., Epsom Atmix Corporation, FineMIM Co. Ltd., GKN Sinter Metals Engineering GmbH, Innovative MIM Solutions Inc., Jiangsu Gian MIM Technology Co. Ltd., Kinetics Climax Inc., MIM International Inc., MPP Inc., Metal Injection Molding Company Inc., Nissei Plastic Industrial Co.Ltd., Praxis Powder Technology Inc., Rauschert GmbH, Sembach Technical Ceramics GmbH, Shandong Jinzhu New Material Technology Co. Ltd., Sintex A/S, Smith Metal Products Inc., Stackpole International Inc., Taiwan Powder Technologies Co. Ltd., The Japan Steel Works Ltd., Thixomat Inc., Ticona Engineering Polymers Inc., Tosoh Corporation, Xcentric Mold & Engineering Inc., Zoltrix Material Co. Ltd., Zirconium Research Corporation, Zollern GmbH & Co. KG.
What Are the Dominant Trends in Metal And Ceramic Injection Molding Market Overview?Technological advancement has emerged as the key trend gaining popularity in the metal and ceramic injection molding market. Major companies operating in the market are focused on developing new technological solutions to strengthen their position in the market..
How Is The Global Metal And Ceramic Injection Molding Market Segmented?1) By Material: Iron and Steel, Stainless Steel, Copper, Aluminium, Alumina, Zirconia, Other Materials2) By Distribution Channel: Online Stores, Offline Stores3) By Applications: Medical and Healthcare, Industrial Machinery, Consumer Products, Automotive, Aerospace, Other Applications
Geographical Insights: North America Leading The Metal And Ceramic Injection Molding MarketAsia-Pacific was the largest region in the metal and ceramic injection molding market in 2023. The regions covered in the metal and ceramic injection molding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Metal And Ceramic Injection Molding Market DefinitionMetal and ceramic injection molding are manufacturing technologies that are involved in innovative manufacturing technologies for producing precision and complex net-shaped machinery from metal and ceramic powder. These molding technologies are used to create high-strength, complex-structured products. Metal and ceramic injection molding technology offers design flexibility for a variety of materials offered by powder metallurgy.
Metal And Ceramic Injection Molding Global Market Report 2024 from The Business Research Company covers the following information:•Market size data for the forecast period: Historical and Future•Macroeconomic factors affecting the market in the short and long run•Analysis of the macro and micro economic factors that have affected the market in the past five years•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global metal and ceramic injection molding market report covering trends, opportunities, strategies, and moreThe Metal And Ceramic Injection Molding Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on metal and ceramic injection molding market size, metal and ceramic injection molding market drivers and trends, metal and ceramic injection molding market major players, metal and ceramic injection molding competitors' revenues, metal and ceramic injection molding market positioning, and metal and ceramic injection molding market growth across geographies. The metal and ceramic injection molding market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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October 04, 2024, 21:03 GMT
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