Market Overview:
The global metal injection molding parts market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for metal injection molded parts from various end-use industries, such as automotive, industrial, electronics, medical and firearms. In addition, the growing demand for lightweight and high-strength components is also contributing to the growth of this market. Based on type, stainless steel is expected to lead the global metal injection molding parts market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability.
Product Definition:
Metal Injection Molding Parts are small, precision parts that are used in a variety of industries. They are often used in medical devices, electronics, and automotive applications. The importance of Metal Injection Molding Parts lies in their accuracy and precision.
Stainless Steel:
Stainless steel is a durable, strong and lightweight metal that has excellent corrosion resistance. It can be easily fabricated and has the ability to withstand high temperatures. The material is widely used in industries such as construction, automotive & transportation, appliances & electronics due to its characteristics of being rust-free and non-corrosive.
The global market for stainless steel parts manufacturing/ assembly demand was valued at USD 887 million in 2015.
Steel:
Steel is a alloy of iron and carbon. It has many properties which make it suitable for molding in metal injection molding (MIM) parts. Some of the important characteristics are high strength, wear resistance, good electrical conductivity, corrosion resistance and ductility among others. Steel alloys also vary in terms of their yield strength which can be used as a advantage depending on application requirements.
Application Insights:
The industrial application segment led the market and accounted for more than 54.0% share of the global revenue in 2017. The growth can be attributed to increasing demand from industries such as oil & gas, construction, automotive, energy, pharmaceuticals and food processing among others. Injection molding parts are widely used in various applications including pumpsets & motorsports equipment valves fittings handles tanks caskets etc.
In terms of revenue, the automotive application is expected to witness a CAGR of XX% from 2018 to 2030 owing to increased production volumes across several vehicle manufacturers globally coupled with growing consumer demand for vehicles with enhanced aesthetics.
Regional Analysis:
Asia Pacific dominated the global metal injection molding parts market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand from end-use industries, such as automotive, electronics and others. In addition, rising investments by foreign players for expanding their businesses in emerging countries of APAC are likely to contribute towards growth over the next eight years.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 on account of high product demand from various end-use industries including medical devices and consumer goods manufacturing companies located within U.S., Canada and Mexico’s borders coupled with favorable government policies supporting domestic manufacturers is anticipated to drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for metal injection molded parts from the automotive and aerospace industries due to their lightweight, high strength-to-weight ratio, and corrosion resistance properties.
- Growing popularity of metal injection molding as a manufacturing process due to its ability to produce complex geometries with tight tolerances.
- Rising demand for medical implants made from metal injection molded parts due to their biocompatibility and superior mechanical properties.
- Increasing use of metal injection molded parts in consumer electronics owing to their low weight and high strength characteristics.
- Technological advancements that have led to the development of new alloys specifically designed for use in metal injection molding applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Injection Molding Parts Market Research Report
By Type
Stainless Steel, Steel, Alloy Steel, Other Metal
By Application
Industrial, Automotive, Electronics, Medical, Firearms, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Metal Injection Molding Parts Market Report Segments:
The global Metal Injection Molding Parts market is segmented on the basis of:
Types
Stainless Steel, Steel, Alloy Steel, Other Metal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Automotive, Electronics, Medical, Firearms, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Metal Injection Molding Parts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Steel
- Alloy Steel
- Other Metal
- By Application:
- Industrial
- Automotive
- Electronics
- Medical
- Firearms
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Injection Molding Parts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Metal injection molding is a manufacturing process that uses a metal die to create parts from a solid block of material. The metal die is heated until it becomes very hot, then injected into the block of material. This causes the molten metal to flow and fill any cavities in the die, creating the part.
Some of the key players operating in the metal injection molding parts market are 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.
The metal injection molding parts market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Injection Molding Parts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Injection Molding Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Injection Molding Parts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Injection Molding Parts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Injection Molding Parts Market Size & Forecast, 2018-2028
4.5.1 Metal Injection Molding Parts Market Size and Y-o-Y Growth
4.5.2 Metal Injection Molding Parts Market Absolute $ Opportunity
Chapter 5 Global Metal Injection Molding Parts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Metal Injection Molding Parts Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Steel
5.2.3 Alloy Steel
5.2.4 Other Metal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Injection Molding Parts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Metal Injection Molding Parts Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Medical
6.2.5 Firearms
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Injection Molding Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Injection Molding Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Metal Injection Molding Parts Analysis and Forecast
9.1 Introduction
9.2 North America Metal Injection Molding Parts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Metal Injection Molding Parts Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Steel
9.6.3 Alloy Steel
9.6.4 Other Metal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Metal Injection Molding Parts Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive
9.10.3 Electronics
9.10.4 Medical
9.10.5 Firearms
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Metal Injection Molding Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Injection Molding Parts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Metal Injection Molding Parts Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Steel
10.6.3 Alloy Steel
10.6.4 Other Metal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Metal Injection Molding Parts Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive
10.10.3 Electronics
10.10.4 Medical
10.10.5 Firearms
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Metal Injection Molding Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Injection Molding Parts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Metal Injection Molding Parts Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Steel
11.6.3 Alloy Steel
11.6.4 Other Metal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Metal Injection Molding Parts Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive
11.10.3 Electronics
11.10.4 Medical
11.10.5 Firearms
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Metal Injection Molding Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Injection Molding Parts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Metal Injection Molding Parts Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Steel
12.6.3 Alloy Steel
12.6.4 Other Metal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Metal Injection Molding Parts Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive
12.10.3 Electronics
12.10.4 Medical
12.10.5 Firearms
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Metal Injection Molding Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Injection Molding Parts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Metal Injection Molding Parts Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Steel
13.6.3 Alloy Steel
13.6.4 Other Metal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Metal Injection Molding Parts Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive
13.10.3 Electronics
13.10.4 Medical
13.10.5 Firearms
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Injection Molding Parts Market: Competitive Dashboard
14.2 Global Metal Injection Molding Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Indo-MIM
14.3.2 ARC Group
14.3.3 NIPPON PISTON RING
14.3.4 Schunk
14.3.5 Sintex
14.3.6 Praxis Powder Technology
14.3.7 ASH Industries
14.3.8 Form Technologies
14.3.9 Smith Metal Products
14.3.10 CMG Technologies
14.3.11 MPP
14.3.12 AMT
14.3.13 Dou Yee Technologies
14.3.14 Shin Zu Shing
14.3.15 GIAN
14.3.16 Future High-tech
14.3.17 CN Innovations
