Press release
Powder Injection Molding (PIM) Market Overview by Advance Technology, Future Outlook
Powder Injection Molding (PIM) Market is expected to register a CAGR of more than 10%, during the forecast period.The technique of moulding metals and ceramics to improve their electrical, mechanical, chemical, and physical properties is referred to as powder injection moulding. The technology of powder injection moulding is frequently used to create intricate machine parts. In the process of creating complex machine parts using powder injection moulding, a binder is used to help bind polymers and ensure accuracy. Due to the rising demand from numerous end use industries, the global powder injection moulding (PIM) market is anticipated to expand significantly throughout the forecast period.
Overview of the powder injection moulding (PIM) market:
Metals or ceramics are moulded using a process called powder injection moulding to enhance their physical, chemical, mechanical, and electrical properties. This method is frequently used to create intricate machine parts. In this Powder Injection Molding technology, a binder is employed to bind the polymers and aid in the exact manufacture of the pieces.
Metal injection moulding has seen extensive use across a number of industries, but the automobile sector has recently seen a rise in its importance. In the upcoming years, there is a significant opportunity to increase MIM's penetration and awareness in the automotive sector. Additionally, the capacity of powder injecting moulders to tolerate high pressure and temperature has increased their demand in the aerospace and defence sectors. Additionally, there is a considerable demand for powder injection moulders in the field of medical equipment.
We investigated the Powder Injection Molding (PIM) Market from every angle, using both primary and secondary research methods. This aided us in developing a grasp of current market dynamics, such as supply-demand imbalances, pricing trends, product preferences, consumer behaviours, and so on. The findings were validated further through primary research with industry professionals and opinion leaders from around the world.
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Global Powder Injection Molding (PIM) Market: Major Players
MPP
Morgan Advanced PLC
Epson Atmix Corporation
Wittmann Battenfeld
Plansee Group
Zoltrix Material Guangzhou Ltd.
Phillips-Medsize Corporation
Inmatec Technologies GmbH
GKN plc
Arburg GmbH
ON Semiconductor Corp.
Global Powder Injection Molding (PIM) Market: By Types
Ceramic Injection Molding
Metal Injection Molding
Global Powder Injection Molding (PIM) Market: By Applications
Automotive
Electronic components
Medical equipment
Firearms
Global Powder Injection Molding (PIM) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Powder Injection Molding (PIM) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase the Powder Injection Molding(PIM) Market Report:
1. Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
2. Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
3. Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
4. The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
5. The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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