Press release
Metal and Ceramic Injection Molding Market to Reach Valuation of US$ 7 Bn by 2031
Transparency Market Research delivers key insights on the global metal and ceramic injection molding market. In terms of revenue, the global metal and ceramic injection molding market is estimated to expand at a CAGR of 8.4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global metal and ceramic injection molding market.
๐๐๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ - https://www.transparencymarketresearch.com/metal-ceramic-injection-molding.html
The global metal and ceramic injection molding market is broadly affected by several factors, including increase in demand for metal and ceramic injection molded components and parts in various end-use industries. Rapid Industrialization and expansion of end-use industries such as automotive, aerospace, medical, industrial machinery, consumer products, and defense have led to significant rise in demand for metal and ceramic injection molding. Increase in global demand for automobiles is expected to be a primary driver of the global metal and ceramic injection molding market. The expansion of various end-use industries is also propelling the demand for metal and ceramic injection molding across the globe.
๐๐๐ญ๐๐ฅ ๐๐ง๐ ๐๐๐ซ๐๐ฆ๐ข๐ ๐๐ง๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Metal and ceramic injection molding process is used to manufacture metal and ceramic components that offer all the benefits associated with technical processes including wear resistance, corrosion resistance, thermal stability, superior hardness, high mechanical strength, and dimensional stability. MIM components can be used in cell phones, sporting goods, power tools, surgical instruments, and various electronic and optical devices. CIM uses cutting-edge equipment and carefully devised processes to produce ceramic parts at net dimensions for businesses in industries such as thermal and electrical insulation, electronics, aerospace, dentistry, solar, medical care, and water filtration.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1948
The automotive sector has become a major consumer of metal injection molded parts. The metal and ceramic injection molding technology is applied to a variety of automotive applications such as EGR system, exhaust system, oxygen sensors, electrical components, and engine components. Metal injection molding is used in various applications in the aerospace sector, including high performance engine components, seatbelt parts, latches and fittings, spray nozzles, and vane adjustment levers. Metal injection molding is an essential manufacturing technology in the medical device industry, due to its ability to produce high volume precision components. Ceramic injection molding is widely used in the manufacture of medical and health care equipment. Metal injection molding is used for orthodontic brackets, dental implants, prosthetic replacements, endoscopic tools, tweezers, scissors, etc.
The increase in demand for MIM and CIM components and parts in various end-use industries is anticipated to drive the global metal and ceramic injection molding market.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1948
๐๐๐ญ๐๐ฅ ๐๐ง๐ ๐๐๐ซ๐๐ฆ๐ข๐ ๐๐ง๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific held major share of the global metal and ceramic injection molding market in 2020. The market in the region is anticipated to expand at a CAGR of more than 8.8% during the forecast period. Increase in demand for metal and ceramic injection molded components for the application of automobile manufacturing in Asia Pacific is driving the metal and ceramic injection molding market in the region. China is a key country of the metal and ceramic injection molding market in Asia Pacific. The country is estimated to maintain its dominant position in the region during the forecast period.
North America also counted for significant share of the global metal and ceramic injection molding market in 2020. The U.S. is a key country of the metal and ceramic injection molding market in North America. It held prominent share of the metal and ceramic injection molding market in North America in 2020. Expansion and advancement in the health care industry in North America is driving the metal and ceramic injection molding market in the region.
๐๐๐ญ๐๐ฅ ๐๐ง๐ ๐๐๐ซ๐๐ฆ๐ข๐ ๐๐ง๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global metal and ceramic injection molding market is consolidated, with the presence of key players. Prominent players operating in the global metal and ceramic injection molding market include ARC Group Worldwide Inc, CMG Technologies, AMT Pte Ltd, INDO-MIM, Epson Atmix Corporation, PSM Industries, NIPPON PISTON RING CO., LTD., OptiMIM, Smith Metal Products, Plansee SE, Greene Group, and PTI.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1948
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐๐ฅ ๐๐ง๐ ๐๐๐ซ๐๐ฆ๐ข๐ ๐๐ง๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
Metal and Ceramic Injection Molding Market, by Application
Automotive
Aerospace
Medical & Health Care
Industrial Machinery
Consumer Products
Others (including Defense and Electronics)
Metal and Ceramic Injection Molding Market, by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Russia & CIS
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Ghana
Guinea
Tanzania
Rest of Middle East & Africa
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ
Rohit Bhisey
Transparency Market Research Inc.
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