Global Powder Injection Molding (PIM) Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

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Global “Powder Injection Molding (PIM) Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Powder Injection Molding (PIM) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Powder Injection Molding (PIM) Market report categorizes the market based on manufacturers, regions, type, and application. Powder Injection Molding (PIM) Market reports offer a detailed assessment of the Powder Injection Molding (PIM) including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Powder Injection Molding (PIM) market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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Powder Injection Molding (PIM) Market
The market for powder injection molding is expected to register a tremendous growth during the forecast period, 2018 to 2023.This significant growth is significantly driven by the growing demand for metal injection molding (MIM) from automotive industry (In Combustion Engines, Gear Box Parts and Ignition Lock Parts etc.).

Rise in Demand for Metal Injection Molding (MIM) from Automotive Industry
The automotive industry was an early adopter of MIM technology when compared to the other applications. Although there is much more scope to increase the awareness and penetration of MIM in the automotive market. The most important applications in cars are high strength, high complexity parts which include turbocharger parts, gearboxes, powertrain applications, locking mechanisms, steering systems, sensors and other electronic systems, and parts for fuel injection systems. The automotive business is the leading application segment for metal injection molding (MIM). In Europe, automotive applications is the leading application segment for PIM with more than 40% of the market share. The EU accounted for more than 21% of global car production in 2017. Based on these two factors, the impact of the rise in demand of metal injection molding market from the automotive industry can be witnessed. This trend gains momentum in the nearby future further igniting the demand for powder injection molding market.

Metal Injection Molding (MIM) Technology Segment to Dominate the Powder Injection Molding Market
Metal Injection Molding (MIM) is a molding technology which achieves precise net-shape metal parts. The process involves the combination of ultra-fine metal powders and a polymer binder system to create a feedstock suitable for injection molding. MIM is best suitable for parts with complex geometries, low part mass, and medium to high production volumes. Metal injection molded (MIM) parts production accounts for around 90% of the total market for powder PIM products. The differences in the market shares of the applications for metal injection molding is quite distinct with various geographical regions. For instance, in Asia, MIM market dominated by consumer electronics. Similarly, in North America, the respective market is led by medical, orthodontic and firearms applications, and in Europe, automotive and consumer products are the leading applications. The booming international smartphone market offers huge potential for metal injection molding as this process enables the use of materials such as stainless steel, titanium and zirconium oxide, requires much lower material volumes and is significantly more cost-effective than machining. However, the growing aerospace, automotive and consumer electronics industries are providing the potential opportunities for propelling the market demand for global powder injection molding market in the coming years.

Asia-Pacific to Dominate the Powder Injection Molding (PIM) Market
Asia-Pacific represents the largest regional market for global powder injection molding market in 2017. This immense demand for powder injection molding is a consequence of the growing electronic equipment market in the region. In Asia-Pacific, China provides the major market for the powder injection molding components with more than 60% of the regional market share. The growth of powder injection molding market in China has benefited from the electronics industry (such as the mobile phone industry), which has seen the whole industry skyrocket since 2009. In addition, the growing automotive, aerospace and consumer goods industries in the countries like China, Japan, India and South Korea further augmented the demand for metal injection molding market which in turn created the demand for powder injection molding market. The large market size coupled with the huge growth of Asia-Pacific is quite instrumental in expansion of the global powder injection molding market.

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The global Powder Injection Molding (PIM) market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Powder Injection Molding (PIM) Market Report covers the Top Key-players in 2021:-

  • Advanced Materials Technologies Pte. Ltd-AMT-ARBURG-ARC Group Worldwide-CNI (Zoltrix Material International)-Dynacast-Epson Atmix Corporation-GKN plc-Indo-US MIM Tec Pvt. Ltd.-MPP-OptiMIM-Ortech Advanced Ceramics-Parmaco AG-Parmatech Corporation (ATW Companies)-RHP-Technology-Schunk GmbH

Highlighted points of Powder Injection Molding (PIM) Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Powder Injection Molding (PIM) Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Powder Injection Molding (PIM)? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Powder Injection Molding (PIM) Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Powder Injection Molding (PIM) Market? What Was Capacity, Production Value, Cost and PROFIT of Powder Injection Molding (PIM) Market?
  • What Is Current Market Status of Powder Injection Molding (PIM) Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Powder Injection Molding (PIM) Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Powder Injection Molding (PIM) Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Powder Injection Molding (PIM) Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Powder Injection Molding (PIM) Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Powder Injection Molding (PIM) Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Powder Injection Molding (PIM) Industry?

Key Developments in the Powder Injection Molding (PIM) Market: in the Powder Injection Molding Market
Oct 2017: Ceramic Injection Moulding feedstock producer Inmatec Technologies GmbH, is expanding its product range to include polyoxymethylene (POM)-based CIM feedstocks.
May 2017: Arburg and BASF formed a joint venture to develop a material and process with powder injection molding (PIM) to produce housing components for smartphones.
Powder Injection Molding (PIM) Market

Reasons to Purchase Powder Injection Molding (PIM) Market ReportIdentify the current and future prospects of the global powder injection molding (PIM) market in the developed and emerging marketsAnalyze various perspectives of the market with the help of Porter’s five forces analysisInformation about the growth of the various product segments that are expected to dominate the marketRegional analysis of the marketIdentify the latest developments, market shares, and strategies employed by the major market players3 months analyst support, along with the Market Estimate sheet (in Excel)

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Finally, the report Global Powder Injection Molding (PIM) Market 2021 describes the Powder Injection Molding (PIM) industry expansion game plan, the Powder Injection Molding (PIM) industry knowledge supply, appendix, analysis findings, and the conclusion.

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