Metal Injection Molding (MIM) Market– Global Industry Analysis and Forecast
Metal Injection Molding Market is expected to reach USD 5.26 Billion by 2026 from USD 2.45 Billion in 2018 at a CAGR of 7.95%.
Metal injection molding process is largely used by manufacturers due to reduced finishing operations, minimum material wastage and production of more components with superior properties. It is a relatively more cost-effective technology as compared to other conventional methods and products manufactured using this process shows better mechanical properties superior than powder metal parts & castings.
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Metal injection molding market based on material type has been segmented into stainless steel, low alloy steel, soft magnetic material and others. Stainless steel segment is expected to hold one of the largest shares of the market for metal injection molding during the forecast period. Wide application of stainless steel in various end-use industries due to its relatively lower price as compared to other material types is one of the factors driving demand for stainless steel.
Based on end-use industry, the market has been segmented into electrical & electronics, automotive, industrial, consumer products, medical & orthodontics and firearms & defense. Electrical & electronics segment is expected to be one of the major contributors to the market growth. This is due to the increasing demand for small sized electronic devices.
Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Asia Pacific is expected to be one of the largest markets for metal injection molding during the forecast period. Increasing demand from end-use industries is expected to drive the metal injection molding market in the Asia Pacific region.
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Scope of the Report
Metal Injection Molding Market, by Material Type:
• Stainless Steel
• Low Alloy Steel
• Soft Magnetic Material
• Others (Tool Steel, Titanium, Tungsten)
Metal Injection Molding Market, By End-Use Industry:
• Electrical & Electronics
• Automotive
• Medical & Orthodontics
• Consumer Products
• Industrial
• Firearms & Defense
• Others
Metal Injection Molding Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Metal Injection Molding Market:
• Indo-MIM
• ARC Group Worldwide
• Dynacast International
• Phillips-Medisize
• NetShape Technologies
• Smith Metal Products
• Dean Group International
• CMG Technologies
• Sintex A/S
• Future High-Tech
• Parmatech Corporation
• Parmaco Metal Injection Molding
MAJOR TOC OF THE REPORT
Chapter One: Metal Injection Molding Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Metal Injection Molding Market Competition, by Players
Chapter Four: Global Metal Injection Molding Market Size by Regions
Chapter Five: North America Metal Injection Molding Revenue by Countries
Chapter Six: Europe Metal Injection Molding Revenue by Countries
Chapter Seven: Asia-Pacific Metal Injection Molding Revenue by Countries
Chapter Eight: South America Metal Injection Molding Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Metal Injection Molding by Countries
Chapter Ten: Global Metal Injection Molding Market Segment by Type
Chapter Eleven: Global Metal Injection Molding Market Segment by Application
Chapter Twelve: Global Metal Injection Molding Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Metal Injection Molding Market Report at: https://www.maximizemarketresearch.com/market-report/metal-injection-molding-mim-market/1733/
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