Metal And Ceramic Injection Molding Market - Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Metal And Ceramic Injection Molding Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

Metal injection molding (MIM) and ceramic injection molding (CIM) are advanced net shape processing technologies used for the manufacture of complex, high-volume components. Together, these molding technologies are known as powder injection molding (PIM). The technology is gaining importance as new components are being designed that require high mechanical strength while being small in size. Additionally, industries such as automotive and aerospace are looking at reducing production costs, which can be achieved using metal and ceramic injection molding processes. The low cost complex designing capabilities of these processes enables expanding scales economically and reduces the production time by eliminating processing steps such as machining and finishing of manufactured parts.

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Metal injection molding is a more widely used technology as compared to ceramic injection molding owing to its durability over ceramic casts. In addition, metal injection molding has environmental benefits over ceramic casting while reducing energy expenditure. The technology has enabled miniaturization and production of complex designs with economies of scale. It is being utilized to produce parts and components for the automotive, electronics, aerospace, telecommunication, medical, dental and consumer industries. However, there is a threat of substitution of injection molding technology from thermoforming processes in plastics industry on account of easy tooling and moderate working requirements.

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Rapid Industrialization in Asia Pacific is expected to boost demand for metal and ceramic injection molding in this region. Additionally, stringent regulations to reduce carbon footprint and enhance performance, especially in developed countries of North America and Europe is expected to drive demand for metal and ceramic injection molding. Automotive industry is the leading consumer worldwide on account of high demand from growing economies of BRICS nations.

Some of the major manufacturers in the metal and ceramic injection molding industry include AB Components, Datumag Inc., G-Mag International, Hong Ya Industrial, Abbot Furnace Company, Affinity International LLC., Britt Manufacturing Co. and Cypress Industries.

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