Global Metal Injection Molding Parts Market Insights and Forecast to 2028

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 (debinding) and densify the powders. Finished products are small components used in many industries and applications.
Market Analysis and Insights: Global Metal Injection Molding Parts Market
Due to the COVID-19 pandemic, the global Metal Injection Molding Parts market size is estimated to be worth US$ 2494.3 million in 2022 and is forecast to a readjusted size of US$ 3456.8 million by 2028 with a CAGR of 5.6% during the review period. Fully considering the economic change by this health crisis, Stainless Steel accounting for % of the Metal Injection Molding Parts global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Industrial segment is altered to an % CAGR throughout this forecast period.
China Metal Injection Molding Parts market size is valued at US$ million in 2021, while the US and Europe Metal Injection Molding Parts are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Metal Injection Molding Parts landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Metal Injection Molding Parts include Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk, Sintex, Praxis Powder Technology, ASH Industries, Form Technologies and Smith Metal Products, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Metal Injection Molding Parts capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Metal Injection Molding Parts by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Metal Injection Molding Parts Scope and Segment
Metal Injection Molding Parts market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Metal Injection Molding Parts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Stainless Steel
Steel
Alloy Steel
Other Metal
Segment by Application
Industrial
Automotive
Electronics
Medical
Firearms
Others
By Company
Indo-MIM
ARC Group
NIPPON PISTON RING
Schunk
Sintex
Praxis Powder Technology
ASH Industries
Form Technologies
Smith Metal Products
CMG Technologies
MPP
AMT
Dou Yee Technologies
Shin Zu Shing
GIAN
Future High-tech
CN Innovations
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E