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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.
Scope of the Report:
This report focuses on the Metal Injection Molding Parts (MIM Parts) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global MIM Parts industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia Pacific, such as Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk and Sintex.
The global consumption of MIM Parts increases from 9428 MT in 2013 to 16926 MT in 2017, at a CAGR of more than 15.75%. In 2017, the global MIM Parts consumption market is led by Asia Pacific and Asia Pacific is the largest region consumption market, accounting for about 36.57% of global consumption of MIM Parts.
MIM Parts downstream is wide and recently MIM Parts has acquired increasing significance in various fields of Industry, Automotive, Electronics, Medical, Firearms and others. Globally, the MIM Parts market is mainly driven by growing demand for Industry, Automotive, Electronics, Industry, Automotive, Electronics accounts for nearly 67.39% of total downstream consumption of MIM Parts in global.
MIM Parts can be mainly divided into Stainless Steel, Steel, Alloy Steel and Other Metal which Stainless Steel captures about 42.66% of MIM Parts market in 2016. According to our research and analysis, manufacturers from North America are the major leaders in the international market of MIM Parts.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, MIM Parts consumption will show a trend of steady growth. In 2024 the consumption of MIM Parts is estimated to be 47138 MT. On product prices, the slow downward trend in recent years will maintain in the future.
The worldwide market for Metal Injection Molding Parts (MIM Parts) is expected to grow at a CAGR of roughly 15.0% over the next five years, will reach 4890 million US$ in 2023, from 2120 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- ARC Group
- NIPPON PISTON RING
- Praxis Powder Technology
- ASH® Industries
- Form Technologies Company
- Smith Metal Products
- NetShape Technology
- Dou Yee Technologies
- Shin Zu Shing
- Future High-tech
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Stainless Steel
- Alloy Steel
- Other Metal
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Metal Injection Molding Parts (MIM Parts) market.
Chapter 1, to describe Metal Injection Molding Parts (MIM Parts) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Metal Injection Molding Parts (MIM Parts), with sales, revenue, and price of Metal Injection Molding Parts (MIM Parts), in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Metal Injection Molding Parts (MIM Parts), for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Metal Injection Molding Parts (MIM Parts) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Metal Injection Molding Parts (MIM Parts) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source