openPR Logo
Press release

Powder Injection Molding Market size in terms of volume and value 2014-2020

04-10-2017 01:25 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Powder Injection Molding Market size in terms of volume and value

Powder injection molding is an industrial manufacturing solution for producing alloy, metal, and ceramic parts. This process is widely used on account of its advantages, such as cleaner product output over other processes. The powder injection molding market is likely to grow with double digit CAGR over the entire forecast period. In addition, it is also expected that powder injection molding market value will grow 2X in 2020 as compared to its 2013 values.

The powder injection molding market can be segmented on the basis of its technology, such as ceramic injection molding (CIM) and metal injection molding (MIM). These technologies are expected to grow further owing to the demand from applications such as automotive, medical, healthcare, aerospace, consumer products, industrial machinery and others. Growing industrial expansion activities in regions such as Asia Pacific and Rest of the World are likely to spur the demand for powder injection molding market in such applications. Further, expansion in the machine manufacturing industry in the last few years serves as an opportunity for powder injection molding in various inter-related applications.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-186

Further, on the basis of raw material used; global powder injection molding market can be categorized as stainless steel, soft magnetic alloys, titanium alloys, and low-alloy steels. Raw materials are selected on the basis of its end-use industry where innovation in the material science industry has led to the expansion of application areas. Some of the key end-usages propelling the demand for powder injection molding processes include electronic gadgets, medical equipments, firearms, and automotive components.

Geographically, Asia Pacific is currently the dominant market for ceramic and metal injection molding at a global level. Powder injection molding market is mostly prevalent in the automotive industry, where machine and machine-component manufacturers serve as the dominant market share end-user group for powder injection molding process. Further, powder injection molding market is supplemented by new environmental regulations, mandatory for companies to streamline production methodologies and reduce emissions. Consequently, the market for powder injection molding is growing as it produces parts to near net shape, thereby eliminating secondary machining processes. Thus, technologically advance machine tool markets such as Europe, with strict government regulations, are likely to create several opportunities for global powder injection molding market. Moreover, increasing firearms usage in the defense industry, especially in the U.S., is expected to boost powder injection molding industry growth in North America. Asia Pacific demand for powder injection molding is driven by the demand from electronics component applications. Europe powder injection molding market is dominated by automotive application, whereas, North America powder injection molding market is dominated by medical & healthcare applications. Therefore, it is expected that the regional market of powder injection molding market varies on a broader spectrum due to the variation in technology alongwith the variation in end-user industries growth in the respective regions. Further, market participants are more focused to target respective end-user industries to manufacture specialized products.

One of the major driving factors for global powder injection molding market includes growing demand for the miniaturized complex components to be used as high performance materials pertaining to various end-user industries. In addition, growing demand for medical equipments has fueled the demand for powder injection molding to manufacture medical micro-parts to be used in various medical procedures and techniques. Invasive surgery, Intravenous therapy, advanced drug delivery and vascular therapy require precise equipment manufactured with state of the art manufacturing method. Intricate shapes of medical devices require specialized manufacturing methods. Ability of powder injection molding method to form precise shapes as compared to conventional manufacturing methods is supplementing the growth of medical and healthcare application segment.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-186

Presently, the powder injection molding technology has become extremely prominent allowing the delivery of quality metal injection molded products. Quality assurance standards such as QS 9000 and ISO 9002 monitors the overall quality procedures in the global powder injection molding market. One of the key trends in this market is the adoption of fine-tuned compounding procedures to ensure easy, highly engineered and controlled tolerance of the procedure. Some of the key market participants in global powdered injection molding market are: ARC Group, Advanced Materials Technologies Pte. Ltd., Epsom Atmix Corporation, PSM Industries Inc., Plansee Group and Indo-US MIM Tec Pvt. Ltd.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Press: press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Powder Injection Molding Market size in terms of volume and value 2014-2020 here

News-ID: 496240 • Views: 148

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Powder

Powder Dietary Supplements Market
Powder dietary supplements are likely to witness high traction on the back of increasing focus on healthy aging coupled with growing awareness regarding adequate nutrition. The powder dietary supplements market continues to witness momentous growth, largely influenced by various macroeconomic factors including but not limited to rising purchasing power parity, economic growth and growing lifestyle disorders. Fact.MR reveals that the sales of powder dietary supplements are estimated to touch US$ 36 Bn by
Egg Powder Manufacturing Unit
Recently, changing food habits, awareness about nutrition and availability have become the reason for the increasing demand of poultry products. And the demand for eggs and egg products is expected to rise in upcoming years, as the eggs are the cheapest and primary source of protein, vitamins, and minerals. There are many processed egg products available in the market; viz. liquid egg, frozen liquid egg, dried egg powder, egg chips, etc.
BANANA POWDER MANUFACTURING UNIT
The Banana Powder is the product that has attained much cognizance in the past few years owing to the increasing applicability in food processing, cosmetic and other industries. The banana powder is prepared by vacuum processing as well as the freeze-drying method. The increased production of the powder is favored by round the year availability of raw bananas in India as well as countries like China, Philippines, Ecuador, Brazil which
Rice Powder Market
https://www.qandqmarketresearch.com/reports/7461815/rice-powder-market-39 The global Rice Powder market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size of the Rice Powder market based on company, product type, end user and key regions. This report studies the global market size of Rice Powder in
Moringa Leaf Powder Market
https://www.qandqmarketresearch.com/reports/7312975/moringa-leaf-powder-market-100 High quality Moringa leaf powder is very rich in nutrients. These include 7 vitamins, 18 amino acids, 26 antiinflammatory substances, 46 antioxidants and a very high concentration of omega3, 6 and 9 fatty acids which are needed for a long and healthy life. From all plants analyzed so far, Moringa contains the highest concentration of chlorophyll, the "antiaging hormone" zeatin and many salvestrols. The global Moringa Leaf Powder market is valued
Toddler Milk Powder Market
In 2017, the global Toddler Milk Powder market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Toddler Milk Powder market based on company, product type, application and key regions. This report studies the global market size of Toddler Milk Powder in key regions like