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...