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Global Metal And Ceramic Injection Molding Market 2023: Growing Trends, Industry Share, Business Insights And Top Key Players Analysis 2032 | Form Technologies, ARC Group Worldwide Inc., CMG Technologies Ltd., PSM Industries, Nippon Piston Ring Co. Ltd
Metal And Ceramic Injection Molding Market
The Business Research Company's Template Global Market Report 2023 identifies Increased demand for minimally invasive cosmetic surgery as the major driver for the Metal And Ceramic Injection Molding Market's growth in the forecast period. 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.
The global metal and ceramic injection molding market size is expected to grow from $3.38 billion in 2022 to $3.77 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size is expected to reach $5.29 billion in 2027 at a CAGR of 8.9%.
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Major competitors in the metal and ceramic injection molding market are Form Technologies, ARC Group Worldwide Inc., CMG Technologies Ltd., PSM Industries, Nippon Piston Ring Co. Ltd., Polymer Technologies Inc., INDO-MIM Pvt. Ltd., Britt Manufacturing Co., Cypress Industries India Pvt. Ltd., Parmaco Metal Injection Molding AG, Parmatech Corporation, Phillips-Medisize Corporation, Dynacast International Inc., AMT Pte. Ltd., NetShape Technologies Inc., Morgan Advanced Materials, Arburg GmbH + Co KG, and Ortech Inc.
A key trend in the Metal And Ceramic Injection Molding Market includes technological advancement. Major companies operating in the market are focused on developing new technological solutions to strengthen their position in the market. For instance, in April 2022, Hoganas AB, a Sweden-based producer of powdered metal, announced the development of a new product area with advanced technology within the metal injection molding industry. The company announced the addition of a range of titanium powders for additive manufacturing. The use of titanium is ideal, as it has the highest strength-to-weight ratio of all known metals and can be used for various applications, from car components to lightweight aerospace parts. It is highly resistant to corrosion and has high biocompatibility properties, making it well suited for manufacturing customized medical implants.
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The Metal And Ceramic Injection Molding Market is segmented -
By Material: Iron and Steel, Stainless Steel, Copper, Aluminium, Alumina, Zirconia, Other Materials
By Distribution Channel: Online Stores, Offline Stores
By Applications: Medical and Healthcare, Industrial Machinery, Consumer Products, Automotive, Aerospace, and Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Metal And Ceramic Injection Molding Market.
The Business Research Company's "Global Metal And Ceramic Injection Molding Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Metal And Ceramic Injection Molding Market Include:
1. Executive Summary
2. Metal And Ceramic Injection Molding Market Characteristics
3. Metal And Ceramic Injection Molding Market Trends And Strategies
4. Metal And Ceramic Injection Molding Market - Macro Economic Scenario
5. Metal And Ceramic Injection Molding Market Size And Growth
……
26. Africa Metal And Ceramic Injection Molding Market
27. Metal And Ceramic Injection Molding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metal And Ceramic Injection Molding Market
29. Metal And Ceramic Injection Molding Market Future Outlook and Potential Analysis
30. Appendix
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