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Metal And Ceramic Injection Molding Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region
Metal And Ceramic Injection Molding Market
The Business Research Company offers in-depth market insights through Metal And Ceramic Injection Molding Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The metal and ceramic injection molding market size has grown rapidly in recent years. It will grow 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..
The metal and ceramic injection molding market size is expected to see strong growth in the next few years. It will grow 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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Market Segmentation:
The metal and ceramic injection molding market covered in this report is segmented -
1) By Material: Iron and Steel, Stainless Steel, Copper, Aluminium, Alumina, Zirconia, Other Materials
2) By Distribution Channel: Online Stores, Offline Stores
3) By Applications: Medical and Healthcare, Industrial Machinery, Consumer Products, Automotive, Aerospace, Other Applications
Major Driver - Minimally Invasive Cosmetic Surgery Fuels Metal And Ceramic Injection Molding Market
Increased 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. For instance, in April 2022, according to a report published by The Aesthetic Society, a US-based society, aesthetic plastic surgery surged in 2021, with surgical procedures increasing by 54% and non-surgical procedures increasing by 44% compared to 2020. Therefore, the increasing preference for minimally invasive procedures will boost demand for metal and ceramic injection molding over the coming years.
Competitive Landscape:
Major companies operating in the metal and ceramic injection molding market report are 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., 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
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Top Trend - New Technologies Transform Metal And Ceramic Injection Molding
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. 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.
The Table Of Content For The Market Report 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
…..
27. Metal And Ceramic Injection Molding Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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