Global Powder Injection Molding (PIM) Market Overview

Powder injection molding is a technique of molding ceramics or metals to improve its physical, chemical, mechanical and electrical properties. This process is used extensively in manufacturing complex parts of a machine. Global powder injection molding market is projected to grow at a CAGR of nearly 8% during the forecast period.

Global Powder Injection Molding (PIM) Market Segmentation

Global Powder Injection Molding Market has been categorized into raw material, technology, application and region. Based on raw material, the market has been segmented into cobalt alloys, titanium alloys, tungsten alloys and others. Based on technology, the market has been bifurcated into metal injection molding (MIM) and ceramics injection molding (CIM). Application of powder injection molding technology depends on the raw material type and its strength. Notably, ceramic injection molding is used in the manufacturing of electronic components such as chargers. On the basis of application, global powder injection molding market has been segmented into aerospace, automotive, electrical and electronics and others.

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Global Powder Injection Molding (PIM) Regional Segmentation

APAC dominated global powder injection molding market in 2018 and is anticipated to continue its market dominance during forecast period, owing to growing demand for metal injection molding (MIM) from the automotive industry.

Competitive Landscape

Some of the leading companies in global powder injection molding (PIM) market are Advanced Materials Technologies Pte. Ltd, AMT, CNI (Zoltrix Material International), Dynacast, among others. Some of the leading players in global powder injection molding (PIM) market are Advanced Materials Technologies Pte. Ltd., AMT, CNI (Zoltrix Material International), Dynacast, Epson Atmix Corporation, GKN plc, Indo-US MIM Tec Pvt. Ltd., MPP, ARBURG, ARC Group Worldwide, among others.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in global powder injection molding (PIM) market.

TechSci Research calculated global powder injection molding (PIM) market size using a top-down approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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