Powder Injection Molding Market is anticipated to reach US$ 16.73 Bn. by 2029 from US$ 9.87 Bn. in 2022 at a CAGR of 7.82 % during a forecast period. Powder injection moulding is a method of moulding metals or ceramics to enhance physical, chemical, mechanical, and electrical characteristics. This method is widely utilized in the production of complicated machine components. In this Powder Injection Molding process, a binder is employed to assist bond the polymers and manufacture the components more accurately.To know about the Research Methodology :- Request Free Sample Report
Powder Injection Molding Market Dynamics
The rising need for miniaturized complicated components to be employed as high-performance materials in various end-user sectors is a significant driving factor for the global powder injection moulding market. In addition, the rising need for medical equipment has fuelled the demand for powder injection moulding to produce medical micro-parts utilized in a variety of medical treatments and techniques. Invasive surgery, intravenous treatment, enhanced medication administration, and vascular therapy all need precision equipment made with cutting-edge manufacturing techniques. Medical equipment with complex forms necessitates the use of specific production techniques. The medical and healthcare application area is growing due to the powder injection moulding method's ability to generate accurate geometries when compared to traditional production processes. Metal injection moulding is widely used in a variety of sectors, but its importance in the automobile industry has lately increased. In the forecast period, there is a lot of room for MIM to grow in terms of penetration and awareness in the automotive sector. Another feature of powder injection moulders is their capacity to tolerate high pressure and temperature, which has increased their demand in the defence and aerospace sectors. Powder injection moulders are also in significant demand in surgical equipment. The high cost of raw materials utilized in earlier traditional processes, such as cast metals and alloys, is a key challenge in the Powder injection moulding sector. The cost of establishing a factory for this technology is also higher than for earlier technologies. Powder Injection Molding Market Segmentation Analysis By Type, High-performance engine components, seatbelt pieces, locks and fittings, spray nozzles, and vane adjustment levers are just a few of the aerospace uses for metal injection moulding. However, the vast majority of existing MIM aerospace uses would almost certainly stay classified. In recent years, the aerospace industry has renewed its interest in employing metal injection moulding to produce super alloy components for crucial aero-engine applications. Metal injection moulded components are used extensively in the electronics sector, which accounts for more than half of all parts sales in Asia-Pacific. Metal injection moulding is used to make lightning connections for Apple products, fiber-optic parts, cold plates, and heat sinks, and mobile phone parts, to mention a few. Metal injection moulding has a lot of potential in the booming international smartphone industry because it allows you to employ materials like stainless steel, titanium, and zirconium oxide, which need considerably smaller material quantities and is far more cost-effective than machining.Powder Injection Molding Market Regional Insight
The Asia Pacific is the largest market for ceramic and metal injection moulding. The powder injection moulding market is primarily generated in the automotive sector, where machine and machine-component makers account for the majority of market share end-users. Furthermore, new environmental rules are supplementing the powder injection moulding market, requiring enterprises to simplify manufacturing techniques and minimize emissions. As a result, the market for powder injection moulding is growing because it generates components that are close to net form, minimizing the need for further machining. Asia-Pacific is the most prospective market for PIM materials, accounting for roughly 40% of worldwide demand. PIM demand in the area is dominated by China, accounting for moreover 60% of total consumption. Powder injection moulding is also a big business in China (PIM). The healthy electronics, aerospace, and defence (A&D) industries are witnessing continued demand for powder injection moulding (PIM). The electronics sector, which has seen the entire industry rise since 2009, has benefitted the powder injection moulding business in China. Besides, China has the world's largest electronics manufacturing base, putting current upstream producers like South Korea, Singapore, and Taiwan in direct competition. In the consumer electronics industry, electronic items such as smartphones, OLED TVs, tablets, and other similar devices are seeing the fastest growth. Despite a drop in automobile output in 2022, the Chinese powder injection moulding (PIM) business grew significantly in 2022. This was due to considerable growth in the medical and electronics industries. Additionally, the growing automotive, aerospace, and consumer goods sectors in countries such as China, Japan, India, and South Korea boosted demand for metal injection moulding, which fuelled demand for powder injection moulding. The high market size, along with Asia-rapid Pacific's growth, is driving the total powder injection moulding market forward. As a result, technologically advanced machine tool markets, such as those in Europe, are likely to create various chances for the worldwide powder injection moulding market, despite rigorous government restrictions. Furthermore, rising guns usage in the military industry, particularly in the United States, is expected to enhance the powder injection moulding market's growth in North America. Electronic component applications are driving demand for powder injection moulding in the Asia Pacific. Automotive applications dominate the European powder injection moulding market, whereas medical and healthcare applications lead the North American powder injection moulding market. As a result, it is expected that the regional powder injection moulding market would vary over a broad spectrum due to differences in technology and end-user industry growth in the various areas. Furthermore, market participants are more interested in developing customized goods for their particular end-user sectors. Report Objectives: Landscape analysis of the Powder Injection Molding Market competitive benchmarking Past and current status of the industry with the forecasted market size and trends Evaluation of potential key players that include market leaders, followers, and new entrants Technology trends Potential impact of micro-economic factors of the market External and Internal factors affecting market have been analysed The report also helps in understanding the Powder Injection Molding Market dynamics, structure by analysing the market segments and project the Powder Injection Molding Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Powder Injection Molding Market make the report investor’s guide.Powder Injection Molding Market Scope: Inquiry Before Buying
Global Powder Injection Molding Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.87 Bn. Forecast Period 2023 to 2029 CAGR: 7.82% Market Size in 2029: US $ 16.73 Bn. Segments Covered: by Type Metal Injection Ceramic Injection by Industry Vertical Consumer Goods Aerospace & Defense Automotive Healthcare Others Powder Injection Molding Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Powder Injection Molding Market, Key Players are
1. Advanced Materials Technologies. 2. Dynacast International 3. Vibrom 4. ARC Group Worldwide 5. ARBURG 6. Cypress Industries 7. Reaux Medical Molding. 8. Fours Industriels B.M.I. 9. Mahler GmbH 10. Indo-MIM Pvt. Ltd. 11. Arburg GmbH 12. Epson Atmix Corporation 13. Phillips-Medsize Corporation 14. Zoltrix Material Guangzhou Ltd. 15. Morgan Advanced PLC 16. Plansee Group 17. ARBURG 18. GKN Plc 19. MPP 20. Indo US-MIM Tech Pvt.Ltd Frequently Asked Questions: 1. Which region has the largest share in Global Powder Injection Molding Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Powder Injection Molding Market? Ans: The Global Powder Injection Molding Market is growing at a CAGR of 7.82% during forecasting period 2023-2029. 3. What is scope of the Global Powder Injection Molding Market report? Ans: Global Powder Injection Molding Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Powder Injection Molding Market? Ans: The important key players in the Global Powder Injection Molding Market are – Advanced Materials Technologies., Dynacast International, Vibrom, ARC Group Worldwide, ARBURG, Cypress Industries, Reaux Medical Molding., Fours Industriels B.M.I., Mahler GmbH, Indo-MIM Pvt. Ltd., Arburg GmbH, Epson Atmix Corporation, Phillips-Medsize Corporation, Zoltrix Material Guangzhou Ltd., Morgan Advanced PLC, Plansee Group, ARBURG, GKN Plc, MPP, and Indo US-MIM Tech Pvt.Ltd 5. What is the study period of this Market? Ans: The Global Powder Injection Molding Market is studied from 2022 to 2029.
1. Powder Injection Molding Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Powder Injection Molding Market: Dynamics 2.1. Powder Injection Molding Market Trends by Region 2.1.1. North America Powder Injection Molding Market Trends 2.1.2. Europe Powder Injection Molding Market Trends 2.1.3. Asia Pacific Powder Injection Molding Market Trends 2.1.4. Middle East and Africa Powder Injection Molding Market Trends 2.1.5. South America Powder Injection Molding Market Trends 2.2. Powder Injection Molding Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Powder Injection Molding Market Drivers 2.2.1.2. North America Powder Injection Molding Market Restraints 2.2.1.3. North America Powder Injection Molding Market Opportunities 2.2.1.4. North America Powder Injection Molding Market Challenges 2.2.2. Europe 2.2.2.1. Europe Powder Injection Molding Market Drivers 2.2.2.2. Europe Powder Injection Molding Market Restraints 2.2.2.3. Europe Powder Injection Molding Market Opportunities 2.2.2.4. Europe Powder Injection Molding Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Powder Injection Molding Market Drivers 2.2.3.2. Asia Pacific Powder Injection Molding Market Restraints 2.2.3.3. Asia Pacific Powder Injection Molding Market Opportunities 2.2.3.4. Asia Pacific Powder Injection Molding Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Powder Injection Molding Market Drivers 2.2.4.2. Middle East and Africa Powder Injection Molding Market Restraints 2.2.4.3. Middle East and Africa Powder Injection Molding Market Opportunities 2.2.4.4. Middle East and Africa Powder Injection Molding Market Challenges 2.2.5. South America 2.2.5.1. South America Powder Injection Molding Market Drivers 2.2.5.2. South America Powder Injection Molding Market Restraints 2.2.5.3. South America Powder Injection Molding Market Opportunities 2.2.5.4. South America Powder Injection Molding Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Powder Injection Molding Industry 2.8. Analysis of Government Schemes and Initiatives For Powder Injection Molding Industry 2.9. Powder Injection Molding Market Trade Analysis 2.10. The Global Pandemic Impact on Powder Injection Molding Market 3. Powder Injection Molding Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 3.1.1. Metal Injection 3.1.2. Ceramic Injection 3.2. Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 3.2.1. Consumer Goods 3.2.2. Aerospace & Defence 3.2.3. Automotive 3.2.4. Healthcare 3.2.5. Others 3.3. Powder Injection Molding Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Powder Injection Molding Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 4.1.1. Metal Injection 4.1.2. Ceramic Injection 4.2. North America Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 4.2.1. Consumer Goods 4.2.2. Aerospace & Defence 4.2.3. Automotive 4.2.4. Healthcare 4.2.5. Others 4.3. North America Powder Injection Molding Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Metal Injection 4.3.1.1.2. Ceramic Injection 4.3.1.2. United States Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 4.3.1.2.1. Consumer Goods 4.3.1.2.2. Aerospace & Defence 4.3.1.2.3. Automotive 4.3.1.2.4. Healthcare 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Metal Injection 4.3.2.1.2. Ceramic Injection 4.3.2.2. Canada Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 4.3.2.2.1. Consumer Goods 4.3.2.2.2. Aerospace & Defence 4.3.2.2.3. Automotive 4.3.2.2.4. Healthcare 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Metal Injection 4.3.3.1.2. Ceramic Injection 4.3.3.2. Mexico Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 4.3.3.2.1. Consumer Goods 4.3.3.2.2. Aerospace & Defence 4.3.3.2.3. Automotive 4.3.3.2.4. Healthcare 4.3.3.2.5. Others 5. Europe Powder Injection Molding Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.2. Europe Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3. Europe Powder Injection Molding Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.2. France 5.3.2.1. France Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6. Asia Pacific Powder Injection Molding Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3. Asia Pacific Powder Injection Molding Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.4. India 6.3.4.1. India Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 7. Middle East and Africa Powder Injection Molding Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 7.3. Middle East and Africa Powder Injection Molding Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 8. South America Powder Injection Molding Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 8.2. South America Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 8.3. South America Powder Injection Molding Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Powder Injection Molding Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Powder Injection Molding Market Size and Forecast, by Industry Vertical (2022-2029) 9. Global Powder Injection Molding Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Powder Injection Molding Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Advanced Materials Technologies. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Dynacast International 10.3. Vibrom 10.4. ARC Group Worldwide 10.5. ARBURG 10.6. Cypress Industries 10.7. Reaux Medical Molding. 10.8. Fours Industriels B.M.I. 10.9. Mahler GmbH 10.10. Indo-MIM Pvt. Ltd. 10.11. Arburg GmbH 10.12. Epson Atmix Corporation 10.13. Phillips-Medsize Corporation 10.14. Zoltrix Material Guangzhou Ltd. 10.15. Morgan Advanced PLC 10.16. Plansee Group 10.17. ARBURG 10.18. GKN Plc 10.19. MPP 10.20. Indo US-MIM Tech Pvt.Ltd 11. Key Findings 12. Industry Recommendations 13. Powder Injection Molding Market: Research Methodology 14. Terms and Glossary