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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.
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Global Powder Injection Molding Market Analysis and Opportunity Assessment, 2014 - 2020: Future Market Insights
Global Powder Injection Molding Market 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. 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.
Global Powder Injection Molding Market 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. 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. 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.
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Research Methodology (1/2) Market Profiling Formulating discussion guide Developing list of respondents Data Collection Data Validation Data Analysis Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 2 • Identifying key opinion leaders • Questionnaire design • In depth interviews • Coverage across value chain 3 • Key Industry Experts • Channel Study • Developments • Market Dynamics • Products • Conclusions A 4 Primary Research SOLUTION • Market Participants • Key Strengths • Product Portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research 6 C Paid Publications# Primary Research # Secondary Research # Company Analysis 7 • Factiva • GBI • Genios • Meltwater • Linkedin • Zoominfo • Salesforce • Hoovers • Onesource • Company Websites • Company Annual Reports • White Papers • Financial Reports Insights # includes sources of databases
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