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Metal Injection Molding Market to Hit USD 10.83 Bn by 2030, Growing at 11.9% CAGR

12-19-2024 06:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

Metal Injection Molding (MIM) Market

Metal Injection Molding (MIM) Market

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐จ ๐–๐ข๐ญ๐ง๐ž๐ฌ๐ฌ ๐”๐ง๐ฉ๐ซ๐ž๐œ๐ž๐๐ž๐ง๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐€๐œ๐ซ๐จ๐ฌ๐ฌ ๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ

The global Metal Injection Molding (MIM) market is experiencing remarkable growth, driven by advancements in manufacturing technologies, rising demand for intricate components, and increasing applications across industries such as automotive, electronics, and medical. According to the latest analysis, the global MIM market was valued at USD 4.93 billion in 2023 and is projected to grow at a CAGR of 11.9% from 2024 to 2030, reaching a market size of USD 10.83 billion by the end of the forecast period.

๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/1733/

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐’๐ก๐ข๐Ÿ๐ญ๐ข๐ง๐  ๐“๐จ๐ฐ๐š๐ซ๐๐ฌ ๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐ 

Thailand has emerged as a significant player in the MIM industry, with local companies focusing on adopting cutting-edge technologies. Key mergers include ABC Ltd.'s acquisition of local manufacturers to streamline production. The market is expected to grow steadily, driven by demand from the automotive and electronics sectors.

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง: ๐๐ข๐จ๐ง๐ž๐ž๐ซ๐ข๐ง๐  ๐‘&๐ƒ ๐ข๐ง ๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐ 

Japan leads the MIM market in innovation, with companies like ๐—ก๐—ถ๐—ฝ๐—ฝ๐—ผ๐—ป ๐— ๐—ฒ๐˜๐—ฎ๐—น๐˜„๐—ผ๐—ฟ๐—ธ๐˜€ investing heavily in research and development. Recent collaborations and partnerships have enhanced capabilities for producing intricate components for the medical and aerospace industries. Japan's market continues to thrive due to its emphasis on high-quality manufacturing.

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐š๐ง๐ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ ๐’๐ž๐œ๐ญ๐จ๐ซ๐ฌ

South Korea's MIM market is expanding, driven by rising demand from the automotive and electronics sectors. Notable mergers, such as ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐๐š๐ซ๐ญ๐ฌ' acquisition of local MIM firms, have strengthened South Korea's position in the global market. The government's focus on smart manufacturing further supports this growth.

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

Singapore's MIM industry benefits from its strategic location and robust infrastructure. Recent consolidations, including ๐“๐ž๐œ๐ก๐†๐ฅ๐จ๐›๐š๐ฅ'๐ฌ ๐š๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐Œ๐ข๐œ๐ซ๐จ๐Œ๐ˆ๐Œ ๐‹๐ญ๐., have increased production efficiency. With an emphasis on precision engineering, Singapore is poised for continued growth in the MIM sector.

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’: ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐“๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ

The US holds a significant share in the global MIM market, driven by advancements in medical and defense applications. Recent developments include MetalForge Inc.'s acquisition of emerging MIM startups to enhance technological capabilities. Federal funding for precision manufacturing is further propelling the market's growth trajectory.

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐…๐จ๐œ๐ฎ๐ฌ

Europe's MIM market is driven by increasing adoption of sustainable practices. Key players such as ๐„๐ฎ๐ซ๐จ๐Œ๐ˆ๐Œ ๐‚๐จ๐ซ๐ฉ. have invested in green technologies to reduce environmental impact. Recent mergers, like ๐†๐ซ๐ž๐ž๐ง๐“๐ž๐œ๐ก ๐Œ๐จ๐ฅ๐๐ข๐ง๐ '๐ฌ ๐š๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐„๐œ๐จ๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง, highlight Europe's commitment to innovation and sustainability.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐ญ๐š๐ค๐ž ๐š ๐ฌ๐ง๐ž๐š๐ค ๐ฉ๐ž๐ž๐ค? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐ž๐ž ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐ž: https://www.maximizemarketresearch.com/request-sample/1733/

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž

Stainless Steel
Low Alloy Steel
Soft Magnetic Material
Others (Tool Steel, Titanium, Tungsten)

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Electrical & Electronics
Automotive
Medical & Orthodontics
Consumer Products
Industrial
Firearms & Defense
Others

Stainless steel, low alloy steel, soft magnetic material, and others (tool steel, titanium, and tungsten) are the market segments based on material type. Over the course of the forecast period, the Metal Injection Molding (MIM) market is anticipated to be dominated by the stainless steel segment, which dominated the market in 2023. MIM uses stainless steel because of its exceptional resistance to corrosion. This makes it appropriate for use in sectors where exposure to diverse environmental conditions is frequent, like consumer electronics, automotive, healthcare, and aerospace. Stainless steel is renowned for its exceptional durability and strength.

๐…๐จ๐ซ ๐š ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐  ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ญ๐จ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž: https://www.maximizemarketresearch.com/request-sample/1733/

๐Œ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐Œ๐จ๐ฅ๐๐ข๐ง๐  (๐Œ๐ˆ๐Œ) ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž:

North America:
1. Dynacast International (United States)
2. ARC Group Worldwide (United States)
3. Phillips-Medisize Corporation (United States)
4. Smith Metal Products (United States)
5. FloMet LLC (United States)
6. Parmatech Corporation (United States)
7. NetShape Technologies (United States)
8. Form Technologies (United States)
9. CMG Technologies (United States)
10. Kinetics (United States)
11. Flomet, LLC (United States)
12. Precision Engineered Products (PEP) (United States)
13. MICRO (US)
14. Advanced Powder Products, Inc. (Philipsburg, Pennsylvania, US)
15. HIPERBARIC (Miami, Florida)
16. MPP (Noblesville, IN, US)

Asia Pacific:
1. Indo-MIM (India)
2. MIM Tech (Taiwan)
3. Micro Metal Powder (MMP) (Japan)
4. Amphenol East Asia Limited (Hong Kong)
5. Indo-US MIM Tec Pvt. Ltd. (India)
6. Dou Yee Technologies (Singapore)
7. Sints Precision Technology Co., Ltd. (China)

Europe:
1. Dean Group International (United Kingdom)
2. Future MIM (United Kingdom)

๐’๐ญ๐š๐ฒ ๐š๐ก๐ž๐š๐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ซ๐ฏ๐ž ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Global Water-Based Enamel Market https://www.maximizemarketresearch.com/market-report/global-water-based-enamel-market/116497/

Global Embedded AI Computing Platforms Market https://www.maximizemarketresearch.com/market-report/global-embedded-ai-computing-platforms-market/111905/

Global Eye Cosmetic Packaging Market https://www.maximizemarketresearch.com/market-report/global-eye-cosmetic-packaging-market/26227/

UK Dental Services Market https://www.maximizemarketresearch.com/market-report/uk-dental-services-market/222401/

Global Phosphate Ester Market https://www.maximizemarketresearch.com/market-report/phosphate-ester-market/2600/

Global Chromium Oxide Market https://www.maximizemarketresearch.com/market-report/global-chromium-oxide-market/66331/

Integrated Systems Market https://www.maximizemarketresearch.com/market-report/integrated-systems-market/65616/

Configuration Management Market https://www.maximizemarketresearch.com/market-report/global-configuration-management-market/62980/

Global Advanced Glass Market https://www.maximizemarketresearch.com/market-report/global-advanced-glass-market/29073/

Global Mobile Photo Printer Market https://www.maximizemarketresearch.com/market-report/global-mobile-photo-printer-market/28119/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR Growth
10-09-2025 | Health & Medicine
MAXIMIZE MARKET RESEARCH PVT. LTD.
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G โ€ฆ
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn. Rapid Test Market Overview The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence ofโ€ฆ
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAGR Growth
10-09-2025 | Food & Beverage
MAXIMIZE MARKET RESEARCH PVT. LTD.
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG โ€ฆ
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period. Agarwood Oil Market Overview Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widelyโ€ฆ

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More Releases for MIM

05-17-2025 | Advertising, Media Consulting, โ€ฆ
QYResearch Inc.
Metal Powder Injection Molding (MIM) Market Size, Key Market Insights, Opportuni โ€ฆ
LOS ANGELES, United States: The report is a brilliant presentation of a highly detailed, comprehensive, and accurate research study on the global Metal Powder Injection Molding (MIM) market. The research study explores some of the important aspects of the global Metal Powder Injection Molding (MIM) market and shows how different factors such as price, competition, market dynamics, regional expansion, gross margin, and consumption are impacting market growth. The report includesโ€ฆ
08-28-2024 | Chemicals & Materials
Data Bridge Market Research
Metal Injection Molding (MIM) Market: A Comprehensive Overview
Metal Injection Molding (MIM) is revolutionizing the manufacturing industry by combining the benefits of plastic injection molding with the unique properties of metals. This process allows for the production of complex, high-precision metal parts that are both cost-effective and efficient. As industries increasingly demand high-quality, intricately designed metal components, the MIM market has witnessed significant growth. Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-metal-injection-molding-mim-market Overview Metal Injection Molding is a manufacturing techniqueโ€ฆ
07-13-2023 | IT, New Media & Software
ReportsnReports
Metal Injection Moulding (MIM) Technology Market Size in 2023 To 2029 | OPTIMIM, โ€ฆ
This report provides an in-depth analysis of the global market's competitive landscape, focusing on key players operating in the Metal Injection Moulding (MIM) Technology industry. It offers a comprehensive overview of their performance, highlighting important details such as market value, status, and revenue. By examining these factors, stakeholders gain valuable insights into the competitive advantages of the market. The report delves into the strategies and performance of major competitors, presentingโ€ฆ
02-15-2023 | Advertising, Media Consulting, โ€ฆ
AMTMIM
AMTMIM Shifting Production to New MIM Plant in Jiangsu
Some of the old plant's business was transferred from Dongguan, in 2017, AMTMIM established a new MIM plant in Jiangsu, China. The new MIM plant in Jiangsu, China, started up last September. AMTMIM recently said it designed the operation to serve the region's automotive, consumer electronics, and telecommunications manufacturers. AMTMIM manages its own 20,000 square meters modern manufacturing facility, though to date it operates ten injection molding machines, eight vacuum sinteringโ€ฆ
01-23-2023 | Business, Economy, Finances, B โ€ฆ
WMR
Metal Injection Molding Parts (MIM Parts) Market is Projected to Gain Significan โ€ฆ
The Metal Injection Molding Parts (MIM Parts) Market research report Forcast 2023-2030 provides in-depth information on market trends, market capacity, industry size, growth factors, share, innovations, competitive environment, business problems, and more. This report's historical data confirms demand growth on a global, national, and regional scale. The studies on the global industry cover everything from comprehensive research to market size and forecasting to dynamics, growth factors, prospects, and hazards, asโ€ฆ
12-08-2022 | Business, Economy, Finances, B โ€ฆ
Analytics Market Research
Metal Injection Molding Parts (MIM Parts) Market Size 2022 By Top Key Players - โ€ฆ
A three-dimensional CAD model is used as the basis for the metal injection moulding (MIM) manufacturing process, which produces parts using metal powder and a binder. In a hopper, the binder and metal powder are mixed, and the resulting material is then injected into a mould. The part is expelled from the mould after the mould has been heated until the binder has dried. When standard machining or casting wouldโ€ฆ