Global and Japan Metal Injection Molding Materials Market Insights, Forecast to 2027

Metal injection molding (MIM) is a metalworking process in which finely-powdered metal is mixed with binder material to create a "feedstock" that is then shaped and solidified using injection molding. The molding process allows high volume, complex parts to be shaped in a single step. After molding, the part undergoes conditioning operations to remove the binder and densify the powders. Finished products are small components used in many industries and applications.
Metal injection molding—MIM—offers a manufacturing capability for producing complex shapes in large quantities. The process utilizes fine metal powders (typically less than 20 micrometers) which are custom formulated with a binder (various thermoplastics, waxes, and other materials) into a feedstock which is granulated and then fed into a cavity (or multiple cavities) of a conventional injection molding machine. After the “green” component is removed, most of the binder is extracted by thermal or solvent processing and the rest is removed as the component is sintered (solid-state diffused) in a controlled-atmosphere furnace. The MIM process is very similar to plastic injection molding and high-pressure die casting, and it can produce much the same shapes and configuration features. However, it is limited to relatively small, highly complex parts that otherwise would require extensive finish machining or assembly operations if made by any other metal-forming process.
The global MIM Materials industry has a rather high concentration. The major manufacturers are Indo-MIM, ARC Group, NIPPON PISTON RING, GIAN, OptiMIM (Form Technologies), Schunk, etc.
In the world, the consumption regions of Metal Injection Molding Materials are mainly North America, Europe and Asia-Pacific. Asia-Pacific is the largest consumption area in the world, which accounts for over 35% of the total share.
MIM Materials downstream is wide and recently MIM Materials has acquired increasing significance in various fields of Industry, Automotive, Industrial Components, Electronics, Medical & Dental, Firearms, Consumer Products, others.
MIM Materials can be mainly divided into Stainless Steel, Steel, Magnetic Alloys, Copper, Other Alloys, which Stainless Steel captures over 55% of the MIM Parts market.

Market Analysis and Insights: Global and Japan Metal Injection Molding Materials Market
This report focuses on global and Japan Metal Injection Molding Materials market.
In 2020, the global Metal Injection Molding Materials market size was US$ 1983 million and it is expected to reach US$ 3079.3 million by the end of 2027, with a CAGR of 5.8% during 2021-2027. In Japan the Metal Injection Molding Materials market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Metal Injection Molding Materials Scope and Market Size
Metal Injection Molding Materials market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Metal Injection Molding Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Metal Injection Molding Materials market size by players, by Materials, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Materials
Stainless Steel
Steel
Magnetic Alloys
Copper
Others Alloys

Segment by Application
Electronic
Automotive
Industrial Components
Medical & Dental
Firearms
Consumer Products
Others

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Indo-Mim
OptiMIM (Form Technologies)
ARC Group
Phillips-Medisize (Molex)
Smith Metal Products
Netshape Technologies (MPP)
Dean Group International
Sintex
CMG Technologies
Future High-Tech
Parmatech Corporation (ATW Companies)
Nippon Piston Ring
Tanfel
Schunk
Amphenol Corporation
CN Innovations
Shin Zu Shing
GIAN
Parmaco Metal Injection Molding AG
Dou Yee Technologies