Dublin, April 26, 2019 (GLOBE NEWSWIRE) -- The "Global Powder Injection Molding (PIM) Market By Raw Material, By Technology, By Application, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The global powder injection molding market stood at around $4.4 billion in 2018 and is projected to grow to reach $6.8 billion by 2024.
The growth in the market is led by the rising demand for powder injection molding from the automotive industry and growing inclination towards miniaturized complex components. 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 (PIM) Market Segmentation
The 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, Copper Alloys, Titanium Alloys, Tungsten Alloys, Stainless Steel, Nickel Alloy 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, the global powder injection molding market has been segmented into aerospace, automotive, electrical and electronics and others.
Global Powder Injection Molding (PIM) Regional Segmentation
North America dominated the global powder injection molding market in 2018 and is anticipated to continue its market dominance during forecast period, owing to the growing demand for metal injection molding (MIM) from the automotive industry.
Competitive Landscape
Some of the leading companies in the global powder injection molding (PIM) market are ARBURG, GKN Plc, ARC Group Worldwide, Advanced Materials Technologies Pte. Ltd, AMT, CNI (Zoltrix Material International), Dynacast, among others.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study
- To analyze and forecast the global powder injection molding (PIM) market size.
- To forecast the global powder injection molding (PIM) market based on raw material, technology, application and regional distribution.
- To identify drivers and challenges for the global powder injection molding (PIM) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global powder injection molding (PIM) market.
- To conduct the pricing analysis for the powder injection molding (PIM) market.
- To identify and analyze the profile of leading players involved in the manufacturing of powder injection molding (PIM).
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Recall
4.3. Brand Satisfaction
4.4. Factors Influencing Purchase Decision
4.5. Challenges/Issues Faced Post Purchase
4.6. Unmet Needs
5. Global Powder Injection Molding (PIM) Market Overview
6. Global Powder Injection Molding (PIM) Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Raw Material (Cobalt Alloys, Copper Alloys, Titanium Alloys, Tungsten Alloys, Stainless Steels, Nickel Alloys and Ceramics)
6.2.2. By Technology {(Metal Injection Molding (MIM), Ceramics Injection Molding (CIM)}
6.2.3. By Application (Automotive components, Medical Equipment, Firearms, Aerospace, Electronics, Jewelry & watches, Others (Sporting, Packaging))
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index
7. North America Powder Injection Molding (PIM) Market Outlook
8. Europe Powder Injection Molding (PIM) Market Outlook
9. Asia Pacific Powder Injection Molding (PIM) Market Outlook
10. South America Powder Injection Molding (PIM) Market Outlook
11. Middle East & Africa Powder Injection Molding (PIM) Market Outlook
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Leading companies)
14.2.1. Basic Details
14.2.2. Financials (As reported)
14.2.3. Supply Chain Analysis
14.2.4. Key Market Focus and Geographical Presence
14.2.5. Planned Investments
14.2.6. Pricing of Target Raw Materials
14.2.7. Market positioning
14.3. Global Players Profiled
14.3.1. ARBUG
14.3.2. GKN plc
14.3.3. ARC Group Worldwide
14.3.4. MPP
14.3.5. Indo-US MIM Tec Pvt. Ltd.
14.3.6. BASF SE
14.3.7. Effegomma s.r.l.
14.3.8. Borche North America Inc.
14.3.9. SMF Mashinenfabrik GMB
(Note: List of companies can be customized based on the client requirements)
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/5u8cjq
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.