Powder Injection Molding Market Growth, Trends and Value Chain 2014-2020 by FMI
Verfasser: pradnya_86 on Tuesday, 8 November 2016Powder injection molding is an industrial manufacturing solution for producing alloy, metal, and ceramic parts. This process is widely used on account of its advantages, such as cleaner product output over other processes. The powder injection molding market is likely to grow with double digit CAGR over the entire forecast period. In addition, it is also expected that powder injection molding market value will grow 2X in 2020 as compared to its 2013 values.
The powder injection molding market can be segmented on the basis of its technology, such as ceramic injection molding (CIM) and metal injection molding (MIM). These technologies are expected to grow further owing to the demand from applications such as automotive, medical, healthcare, aerospace, consumer products, industrial machinery and others. Growing industrial expansion activities in regions such as Asia Pacific and Rest of the World are likely to spur the demand for powder injection molding market in such applications. Further, expansion in the machine manufacturing industry in the last few years serves as an opportunity for powder injection molding in various inter-related applications.