Powdered Injection Molding Material Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
As we look toward the demand outlook from 2023 to 2033, the Powdered Injection Molding Material Market is expected to continue its expansion but with noticeable shifts in demand dynamics. The growth trajectory of PIM materials will be driven by several factors, including advancements in additive manufacturing technologies, more stringent regulations related to product durability, and a growing emphasis on sustainability in manufacturing processes. With the increasing emphasis on reducing carbon footprints, industries are pushing for the adoption of environmentally friendly materials and processes, which is expected to further drive the use of powdered injection molding materials in automotive and aerospace industries.
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The Powdered Injection Molding (PIM) material market has witnessed steady growth from 2018 to 2022. As industries increasingly rely on PIM for producing high-precision, complex parts in a cost-effective manner, the demand for powdered injection molding materials, such as metal powders and polymer powders, has surged. This trend can be attributed to the expanding automotive, medical device, and consumer electronics sectors, which demand higher performance and specialized components. The market for PIM materials has been driven by technological advancements in processing techniques, which allow for more efficient and precise molding. During 2018-2022, the market was particularly bolstered by an increase in automotive applications, where lightweight, durable, and custom-molded components became critical in reducing vehicle weight and improving fuel efficiency.
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
CN Innovations
Shin Zu Shing
GIAN
Parmaco Metal Injection Molding AG
Dou Yee Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Powdered Injection Molding Material Market
Electronic
Automotive
Industrial Components
Medical & Dental
Consumer Products
Others
Based on Types the Market is categorized into Below types that held the largest Powdered Injection Molding Material market share In 2023.
Iron powder
Magnetic Alloys Powder
Copper Powder
Others Alloys Powder
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Powdered Injection Molding Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Powdered Injection Molding Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Powdered Injection Molding Material Market, By Type
6. Global Powdered Injection Molding Material Market, By Application
7. Global Powdered Injection Molding Material Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Powdered Injection Molding Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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