Metal And Ceramic Injection Molding Market 2018 to 2025, key industry players & growth trends
Source: Metal And Ceramic Injection Molding Market To Surpass USD 4,000 Million By 2025 by pradip9923460210
The Global Metal And Ceramic
Injection Molding Market
growth is primarily
restricted by limitations about molded components’ size and high raw material
prices. The raw materials are a combination of both metal or ceramic powder
with binders. Usually, these materials are of high cost, and this may restrict
the global metal and ceramic injection molding from growth till the end of the
forecast period.
Metal And Ceramic
Injection Molding Market size will exceed USD 4.0 billion by 2025. Metal and
ceramic injection molding is collectively known as powder injection molding. It
combines both plastic-molded design flexibility and powder-molded material
flexibility, which creates both ceramic and metal parts. This technology is
majorly used for producing parts with high complex structures, and of more
strength, with surface finish improvement. Both metal & ceramic injection
molding processes impart a better production than other molding processes.
Metal and ceramic
injection molding industry is majorly driven by the increasing demand from
end-users like automotive, medical, and defense & aerospace end-users.
Increasing demand for miniature molded parts in automotive and aerospace
applications is significantly contributing to the industry growth over the
forecast period.
Stainless
steel held the larger share of the global metal injection molding market in
2017, and it will continue its dominance till the end of the forecast period.
Rising demand for miniature molded stainless steel components in automobiles,
and aircrafts is driving the product demand in the entire forecast period. Moreover, increasing consumption of molded parts for
medical end-user will also boost the market size significantly. Increasing
product consumption for advanced drug delivery, vascular therapy, etc. will
further drive the MCIM market globally till 2025.
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Alumina
held the major share of global ceramic injection molding market in 2017. It
continues to show its dominance throughout the forecast period. The properties
of alumina such as high strength, flexibility, less machining, and fine surface
finish are some of the factors responsible for the increasing demand of alumina
for ceramic injection molding processes. Zirconia held the second-major share
of ceramic injection molding market.
Metal
and ceramic injection molding market size for automotive held the major share
of global market by 2017. It dominates the global market over the entire
forecast period. Metal injection molded parts are majorly used in automotive
engines, locking mechanisms, steering systems, electronic systems, etc.
Increasing automotive production in both the developed and developing regions
is significantly driving the metal and ceramic injection molding demand over
the entire forecast period.
The
Asia Pacific regional market held the major share of global MCIM market by the
end of 2017 and dominates the global market till the projected period.
Increasing automotive production, rising industrialization, and expanding
medical industry are some of the key factors that are responsible for the
growth of Asia Pacific metal and ceramic injection molding market throughout
the projected timeline.
Europe
market held the second-major share of global MCIM market. Germany contributes
the major share of Europe’s regional industry, and it will continue its
domination till the end of forecast period. Increasing automotive, and
aerospace production, coupled with huge product demand for medical applications
will significantly boost the regional market till 2025.
Some of
the primary players in the metal and ceramic injection molding market are CMG
Technologies, Advanced Materials Technologies, CN Innovations Holdings, Form
Technologies Company, ARC Group, Kinetics Climax, Akron Porcelain &
Plastics, Nippon Piston Ring, PSM Industries, and Hoganas AB among others.
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Metal And Ceramic Injection Molding Market 2018 to 2025, key industry players & growth trends
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on
May 14, 2018
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