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.
This report contains market size and forecasts of Metal Injection Molding Materials in global, including the following market information:
Global Metal Injection Molding Materials Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Metal Injection Molding Materials Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Metal Injection Molding Materials companies in 2021 (%)
The global Metal Injection Molding Materials market was valued at 2265.4 million in 2021 and is projected to reach US$ 3806.2 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 Injection Molding Materials 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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Metal Injection Molding Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Metal Injection Molding Materials Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Metal Injection Molding Materials Market Segment Percentages, by Type, 2021 (%)
Stainless Steel
Iron powder
Magnetic Alloys
Copper
Others Alloys
Global Metal Injection Molding Materials Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Metal Injection Molding Materials Market Segment Percentages, by Application, 2021 (%)
Electronic
Automotive
Industrial Components
Medical & Dental
Firearms
Consumer Products
Others
Global Metal Injection Molding Materials Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Metal Injection Molding Materials 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 Injection Molding Materials revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Metal Injection Molding Materials revenues share in global market, 2021 (%)
Key companies Metal Injection Molding Materials sales in global market, 2017-2022 (Estimated), (MT)
Key companies Metal Injection Molding Materials sales 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
CN Innovations
Shin Zu Shing
GIAN
Parmaco Metal Injection Molding AG
Dou Yee Technologies