Powder Injection Molding Market

Global Powder Injection Molding Market Analysis and Opportunity Assessment by Technology, Application, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 3,022.6 Mn between 2022 and 2032

Category: Chemicals & Materials

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ID: CVC-00260

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Format: PDF+Excel Dataset

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Published Date: October 2022

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Pages: 280

Global Powder Injection Molding Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Powder Injection Molding Market was worth US$ 2,798.0 Mn and is expected to grow at a CAGR of 7.6% over the forecast period. While the historical CAGR is 6.7%, the market is expected to hit US$ 5,820.6 Mn by 2032 end.

Powder injection molding is an industrial production method for making alloy, metal, and ceramic products. Due to its benefits over other procedures, such as cleaner product output, this process is extensively employed.

Market Dynamic

COVID-19 INFLUENCES THE GROWTH OF THE POWDER INJECTION MOLDING MARKET

Medical equipment demand has surged due to COVID-19, which has significantly enhanced market potential for powder injection molding.

The growing demand for complicated components that can be downsized and used as -performance materials for various end-user industries is one of the main reasons propelling the worldwide powder injection molding market. The need for powder injection molding to create medical micro-parts for different medical procedures and techniques has also increased due to the rising demand for medical equipment. Vascular therapy, intravenous therapy, improved medication administration, and invasive surgery require proper equipment using cutting-edge manufacturing techniques.

HIGH RAW MATERIALS COSTS HAMPER THE MARKET

The price of raw materials in the market for powder injection molding is significantly higher than the cost of raw materials used in earlier conventional processes, such as cast metals and alloys. In comparison to earlier technologies, the process of building up a factory for this technology is also rather expensive.

Powder Injection Molding Market

Market Segments Covered in Report

By Technology:

  • Ceramic injection molding (CIM)
  • Metal injection molding (MIM)

By Application:

  • Automotive
  • Medical
  • Healthcare
  • Aerospace
  • Consumer products
  • Industrial machinery

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

What are the usages of Metal Injection Molding?

Metal injection molding is used in the aircraft industry to make parts for high-performance engines, seatbelts, locks and fittings, spray nozzles, and vane adjustment levers, to name a few. However, most of MIM’s current aerospace applications would almost definitely remain classified. The aerospace sector has recently rekindled its interest in using metal injection molding to create super alloy components for essential aero-engine applications. Lightning connections for Apple devices, fiber-optic components, cold plates, heat sinks, and mobile phone parts, to name a few, are all made using metal injection molding.

How is the Healthcare Segment getting influenced by the Powder Injection Molding Market?

Precision equipment created using cutting-edge manufacturing methods is required for invasive surgery, intravenous therapy, improved medication delivery, and vascular therapy. Complex-shaped medical equipment demands the employment of particular manufacturing processes. The powder injection molding method’s ability to provide exact geometries compared to conventional production processes drives growth in the medical and healthcare field.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

  • Currently, North America holds a market share of 27.4% for ceramic and metal injection molding globally. The powder injection molding market is most common in the automotive industry, with the machine and machine-component makers accounting for the lion’s market share.
  • Despite strong government regulations, technologically advanced machine tool markets, such as those in Europe, are projected to open up various global powder injection molding market opportunities.

Competition Analysis

The powder injection molding (PIM) industry is fragmented and fiercely competitive with many competitors.

A list of some of the key suppliers present in the market are:

  • ARC Group
  • Advanced Materials Technologies Pte. Ltd.
  • Epsom Atmix Corporation
  • PSM Industries Inc.
  • Plansee Group
  • Indo-US MIM Tec Pvt. Ltd.

Global Powder Injection Molding Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research ScopeDetails
Forecast period2022-2032
Historical data available for2017-2021
Market analysisUSD Million for Value and Tons for Volume, and CAGR from 2022 to 2030
Key regions coveredNorth America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries coveredUS, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments coveredBy Technology, Application, and Region
Customization scopeAvailable upon Request
Pricing and purchase optionsAvailable upon Request

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 7.6%.

Medical equipment demand has surged due to COVID-19, which has significantly enhanced market potential for powder injection molding.

Key Global Powder Injection Molding Market players are ARC Group, Advanced Materials Technologies Pte. Ltd., Epsom Atmix Corporation, PSM Industries Inc., Plansee Group, Indo-US MIM Tec Pvt. Ltd.

The price of raw materials in the market for powder injection molding is significantly higher than the cost of raw materials used in earlier conventional processes, such as cast metals and alloys.

North America is expected to account for the largest market revenue share in the Global Powder Injection Molding market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Powder Injection Molding Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Powder Injection Molding Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Application W.R.T. Product Technology
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of Applicationrs
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Technology Landscape
  10. Global Powder Injection Molding Market 2017 – 2032 By Technology
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Technology [Value (US$ Mn) and Volume (Tons) Analysis]
      • Ceramic injection molding (CIM)
      • Metal injection molding (MIM)
    • Market Attractiveness Analysis By Technology
  11. Global Powder Injection Molding Market 2017 – 2032 by Application
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
      • Automotive
      • Medical
      • Healthcare
      • Aerospace
      • Consumer products
      • Industrial machinery
    • Market Attractiveness Analysis by Application
  12. Global Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  13. North America Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  1. Latin America Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  1. Europe Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  1. Asia-Pacific Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  1. Middle East Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  1. Africa Powder Injection Molding Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Technology
      • By Application
    • Market Attractiveness Analysis
      • By Country
      • By Technology
      • By Application
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • Competition Dashboard
  3. Company Profiles
    • ARC Group
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • Advanced Materials Technologies Pte. Ltd.
    • Epsom Atmix Corporation
    • PSM Industries Inc.
    • Plansee Group
    • Indo-US MIM Tec Pvt. Ltd.
  4. Assumptions and Acronyms

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