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.
The global powdered injection molding (PIM) material market was valued at approximately USD 1.2 billion in 2022. The market is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The growth of the market is driven by the increasing adoption of powdered injection molding technology in various industries, including automotive, aerospace, and consumer electronics. This technology is favored for its ability to produce complex parts with high precision and minimal waste, contributing to its rising demand. In 2022, the automotive sector held a significant share of the market, reflecting its robust application of PIM materials for manufacturing intricate components that require both strength and lightweight properties.
Opportunities within the powdered injection molding material market are expanding due to technological advancements and increasing investments in R&D. The introduction of new materials and enhancements in molding techniques are expected to open up new avenues for market growth. Emerging markets, particularly in Asia-Pacific and Latin America, are projected to witness substantial growth, driven by rapid industrialization and infrastructure development. These regions offer significant potential for PIM material manufacturers to tap into a growing customer base and capitalize on emerging applications in various sectors. As industries continue to seek cost-effective and efficient manufacturing solutions, the market is likely to see continued investment and innovation.
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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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