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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Metal And Ceramic Injection Molding Market
Request Now !Metal injection molding (MIM) and ceramic injection molding (CIM) technology are complex processes in which materials such as metals & ceramic are put into machine techniques. The procedure is managed with high accuracy and precision to provide the required products for a particular industry. Metal and ceramic injection molding technologies function as two segments in powder injection molding (PIM). PIM includes MIM and CIM, which are innovative manufacturing techniques used to produce complex and high-volume components. The materials which are used to manufacture several end components include titanium alloys, stainless steel, soft magnetic alloys, and low-alloy steels. The primary applications include medical equipment, electronic gadgets, firearms, and automotive components. These technologies provide design flexibility for multiple applications across various industries. Limitation on finished fragments size and weight is presumed to hinder the metal and ceramic injection molding market demand in the next few years.
Market scope and Structure Analysis
Report Metric | Detail |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast unit | Value (USD) |
Segments Covered | Type and Application |
Companies Covered | Advanced Materials Technologies Pte Ltd., ARC Group Worldwide Inc., CMG Technologies Ltd, Epson Atmix Corporation, Indo-US MIM Tec Pvt. Ltd., Kinetics Climax Inc., Plansee Holding AG, PSM Industries, Nippon Piston Ring Co Ltd |
Covid-19 Impact Analysis
Top Impacting Factors
Rapid industrialization, particularly in the developing regions is estimated to fuel metal and ceramic injection molding market development over the forecast period. Massive growth in automobile industry coupled with huge production demand for this technology is presumed to have a positive impact on the industry growth over the forecast period. Growth and development in medical & healthcare sectors are expected to boost the industry demand further over the next eight-year period. Rise in disposable income and increasing standards of living in the developing regions are estimated to enhance metal and ceramic injection molding market growth. Several advantageous characteristics involved with the usage of these technologies are presumed to contribute towards the metal and ceramic injection molding market expansion.
Market trends
Key Benefits of the Report
Key Market Segments
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