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 and densify the powders. Finished products are small components used in many industries and applications. Metal injection molding?MIM?offers a manufacturing capability for producing complex shapes in large quantities. The process utilizes fine metal powders (typically less than 20 micrometers) which are custom formulated with a binder (various thermoplastics, waxes, and other materials) into a feedstock which is granulated and then fed into a cavity (or multiple cavities) of a conventional injection molding machine. After the ?green? component is removed, most of the binder is extracted by thermal or solvent processing and the rest is removed as the component is sintered (solid-state diffused) in a controlled-atmosphere furnace. The MIM process is very similar to plastic injection molding and high-pressure die casting, and it can produce much the same shapes and configuration features. However, it is limited to relatively small, highly complex parts that otherwise would require extensive finish machining or assembly operations if made by any other metal-forming process.
Metal Powder Injection Molding Market contains market size and forecasts of Metal Powder Injection Molding (MIM) in Global, including the following market information:
- Global Metal Powder Injection Molding (MIM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Metal Powder Injection Molding (MIM) market was valued at 2264.7 million in 2021 and is projected to reach US$ 3805.1 million by 2028, at a CAGR of 7.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Stainless Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Metal Powder Injection Molding (MIM) include Indo-Mim, OptiMIM (Form Technologies), ARC Group, Phillips-Medisize (Molex), Smith Metal Products, Netshape Technologies (MPP), Dean Group International, Sintex and CMG Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Metal Powder Injection Molding (MIM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Metal Powder Injection Molding (MIM) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Metal Powder Injection Molding (MIM) Market Segment Percentages, by Type, 2021 (%)
- Stainless Steel
- Iron powder
- Magnetic Alloys
- Copper
- Others Alloys
Global Metal Powder Injection Molding (MIM) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Metal Powder Injection Molding (MIM) Market Segment Percentages, by Application, 2021 (%)
- Electronic
- Automotive
- Industrial Components
- Medical & Dental
- Firearms
- Consumer Products
- Others
Global Metal Powder Injection Molding (MIM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Metal Powder Injection Molding (MIM) Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Metal Powder Injection Molding (MIM) revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Metal Powder Injection Molding (MIM) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Indo-Mim
- OptiMIM (Form Technologies)
- ARC Group
- Phillips-Medisize (Molex)
- Smith Metal Products
- Netshape Technologies (MPP)
- Dean Group International
- Sintex
- CMG Technologies
- Future High-Tech
- Parmatech Corporation (ATW Companies)
- Nippon Piston Ring
- Tanfel
- Schunk
- Amphenol Corporation
- Advanced Powder Products
- Ecrimesa Group
- CN Innovations
- Shin Zu Shing
- GIAN
- Parmaco Metal Injection Molding AG
- Dou Yee Technologies
- Pacific Union Technologies Group
- Uneec
- Shenzhen YIBI Precision Technology
- Jiangsu Haoyi Metal Technology
- Jiaxing Ruide Materials Technology