Press release
Ceramic Injection Molding Market Trend, Opportunities, Key Players, Growth Factors, Revenue Analysis, 2022-2028
The Ceramic Injection Molding Market is projected to reach US$ 603.17 million by 2028 from US$ 349.84 million in 2021. It is expected to register a CAGR of 8.3% from 2022 to 2028.Rising awareness regarding the design flexibility and low-cost delivered by ceramic injection molding are estimated to provide potential market opportunities in the coming years. Various key players such as Indo-MIM and Coorstek, Inc., and many others are providing awareness regarding the cost-efficiency of the technology. Besides cost efficiency, complex designing capabilities of ceramic injection molding technology offer a higher economy of scale by eliminating the production steps such as machining and finishing.
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Analysis of the Top Market Players:
1. AMT Pte. Ltd.
2. Arburg GmbH + Ko. KG.
3. Ceramco, Inc.
4. CoorsTek, Inc.
5. Indo MIM
6. KLAGER
7. Micro
8. Morgan Advanced Materials
9. Nishimura Advanced Ceramics, Co. Ltd.
10. OECHSLER AG
In this report, the market has been segmented on the basis of:
Type (Alumina, Zirconia, and Others)
Industrial Verticals (Industrial Machinery, Automotive, Healthcare, Electricals and Electronics, Consumer Goods, and Others)
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Ceramic injection molding is an innovative technology that provides economical solutions to produce complicated, repeatable ceramic parts and components. Also, the ceramic injection molding process is a highly flexible process to manufacture products that are considered difficult and expensive to produce using other conventional manufacturing techniques. Ceramic injection molding technology is most advantageous when traditional machining methods are highly expensive or incapable of performing. The technology is ideal for parts with an intricate shape and where high volumes and consistent quality are critical. Using sub-micron ceramic powder, ceramic injection molded products have a high surface finish and ultrafine grain structures-close to theoretical densities. Also, injection molding eradicates the necessity for secondary operations normally required to produce complex geometrical shapes. Thus, the increasing awareness related to the reduced cost of ceramic injection molding is considered to create lucrative opportunities for the market in the coming years.
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