Metal Injection Molding (MIM) Market: Poised for Growth, Projected to Reach USD 5.30 Billion by 2032 | IMR

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Metal Injection Molding (MIM) Market Overview:

Metal Injection Molding (MIM) Market size is expected to grow from USD 3.36 Billion in 2023 to USD 5.30 Billion by 2032, at a CAGR of 5.19% during the forecast period (2024–2032).

Metal Injection Molding (MIM) represents a production procedure that marries the adaptability of plastic injection molding with the robustness of steel materials. This approach includes shaping complicated steel additives by injecting a blend of metallic powder and a polymer binder into a mildew. Subsequently, the aggregate undergoes a heating procedure to cast off the binder and is sintered to consolidate the steel debris, resulting in a cohesive steel piece. MIM is specifically well-appropriate for the manufacturing of small, intricately fashioned additives that could be tough or steeply-priced to fabricate the usage of conventional techniques.                                

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Metal Injection Molding (MIM) Market Top Key Players:

  • Dynacast International (U.S)
  • ARC Group Worldwide (U.S.)
  • Phillips-Medisize (U.S.)
  • Smith Metal Products (U.S.)
  • NetShape Technologies (U.S.)
  • Parmatech Corporation (U.S.)
  • Tritech Titanium Parts (U.S.)
  • Cypress Industries (U.S.)
  • ATW Companies (U.S.)
  • Britt Manufacturing (U.S.)
  • CMG Technologies (UK)
  • Dean Group International (UK)
  • GKN PLC (UK)
  • Real Technik AG (Austria).

 

Metal Injection Molding (MIM) Market Segment Analysis:

By Type

  • Stainless Steel
  • Low Alloy Steel
  • Soft Magnetic Material
  • Others

By End Users

  • Electrical & Electronics
  • Automotive
  • Medical & Orthodontics
  • Consumer Products
  • Industrial
  • Firearms & Defense
  • Others          

By Region:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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