openPR Logo
Press release

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

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Metal Injection Molding Market to Hit USD 10.83 Bn by 2030, Growing at 11.9% CAGR here

News-ID: 3791920 • Views: โ€ฆ

More Releases from Maximize Market Research Pvt. Ltd.

Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, Fueled by a 15.96% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F โ€ฆ
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion. Automotive Telematics Insurance Market Overview: The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around theโ€ฆ
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, Targeting US$ 7.88 Bn by 2030
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T โ€ฆ
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030 Artificial Intelligence in Agriculture Market Overview: The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plantโ€ฆ
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a 6.5% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a โ€ฆ
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million. Offshore Support Vessels Industry Overview: The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshoreโ€ฆ
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.23 Trillion by 2032
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 โ€ฆ
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion. Commercial Vehicles Market Overview: The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehiclesโ€ฆ

All 5 Releases


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