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Global Ceramic Injection Molding Market Outlook- 2026| By Material, Industry Vertical, Global Industry Analysis

01-19-2021 06:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Ceramic Injection Molding Market

Ceramic Injection Molding Market

According to a new report published by Allied Market Research, titled,"Ceramic Injection Molding Market: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global ceramic injection molding market size was $375.0 million in 2018 and is projected to reach $746.2 million in 2026, growing at a CAGR of 8.8%. The alumina segment accounted for over two-fifths of the market share in 2018 and is expected to witness significant growth during the global ceramic injection molding market forecast period.

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Ceramic injection molding (CIM) is a process used to develop highly precise and large volume of injection-molded ceramic components for different industries such as consumer goods, healthcare, and others. The global ceramic injection molding market growth is driven by surge in demand for advanced ceramic products across the globe due to wear resistance, corrosion resistance, toughness, and high strength offered by the material. In addition, the market for ceramic injection molding is primarily driven by the rise in demand for injection-molded ceramic parts from several end-use industries, including the automotive, healthcare, consumer goods, and others.

CIM technology finds wide-ranging applications in consumer goods, electronics, and mobile phone industries. Hence, the escalating adoption of injection-molded ceramics products is expected to boost the development of the industry. In addition, growth in the industrial sector and increase in demand for precise and complex ceramic products is estimated to fuel the growth of the global ceramic injection molding market in the coming years.

However, the high threat of less volume, reasonably priced alternatives, including 3D printing, and others is anticipated to hinder the development of the industry. In contrast, technological developments such as combining wireless technology in the ceramic injection molding is anticipated to generate lucrative opportunities for the growth of the ceramic injection molding industry. In addition, developments in injection molding process such as implementation of robotics and automation to accomplish various operations such as finishing & assembling of final products are predicted to create lucrative growth opportunities.

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Based on the industry vertical, the market is divided into industrial machinery, automotive, healthcare, electrical & electronics, consumer goods, and others. The automotive segment is expected to account for the largest share in the global market during the forecast period owing to the large adoption of injection-molded ceramics components such as turbocharger rotors, valve seats, valve components, and others in the sector. Based on material, the alumina segment is estimated to account for the maximum share during the forecast period. This is attributed to industries such as automotive, consumer goods, electronics, and others, opting for smaller sized, precise ceramic parts in large quantities.

Key Benefits for Ceramic Injection Molding Market:

The study provides an in-depth global ceramic injection molding market analysis and current & future trends to elucidate the imminent investment pockets.

Information about key drivers and restraints and their impact analysis on the ceramic injection molding market size is provided.

Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the ceramic injection molding industry.

The quantitative analysis of the global ceramic injection molding market size from 2018 to 2026 is provided to determine the market potential.

Ceramic Injection Molding Key Market Segments:

By Material

Alumina
Zirconia
Others

By Industry Vertical

Industrial Machinery
Automotive
Healthcare
Electrical & Electronics
Consumer Goods
Others

By Region
North America
Europe
Asia-Pacific
LAMEA

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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