Market World Metal and Ceramic Injection Molding Market | Page 2

Rapid industrialization across the world is estimated to fuel the market growth over the forecast period. Huge
growth in automobile industry coupled with heavy production the demand for this technology is presumed to
have positive impact on the industry growth in the near future. Growth and development in medical &
healthcare sector is expected to further boost the industry growth over the next eight year period. Rise in
disposable income and automobile industry expansion is developing regions is estimated to enhance the market
growth. Several advantageous characteristics involved with the usage of these technologies is presumed to
contribute for the Metal and ceramic injection molding market expansion. It advances lenience capacity
involved with investment casting moreover it increases mechanical strength, and improves the products shape
limitation.
The low cost along with complex designing capabilities, MIM and CIS technology deliver higher economy of scale
and reduce the time taken to manufacture a product by eliminating production steps such as finishing and
machining. The manufacturing process involves mainly four steps in metal and ceramic injection molding
feedstock preparation, debinding injection modelling and sintering. Increasing demand for consumer product
such as eyeglasses and watches is expected to further enhance the growth in the near future for metal and
ceramic injection molding market. Growing firearms industry is presumed to further propel the metal and
ceramic injection molding technologies demand. Heavy demand for minimal invasive cosmetic surgery in the
developed regions is expected to boost the industry growth.
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Limitation on finished fragments size and weight is presumed to hinder the market demand in the near future.
Several new applications for powder injection molding is presumed to open new opportunity for the industry
vendors over the next eight year period. High substitution threat from other molding technique due to user
friendly easy availability characteristics is expected to challenge the industry demand. Moreover, substitute
techniques properties such as easy tooling, cost effective operation and, moderate working requirements has
challenged the industry growth in recent years.
The metal and ceramic injection molding market can be classified based on end users as automotive, medical &
healthcare, consumer’s product, aerospace, industrial machinery, electronics and defense among several
others. Key regional markets include North America, Central & South America, Europe, Middle East & Africa,
and Asia Pacific. Developed regions such as North America are estimated to witness positive growth over the
next eight year period owing to huge demand form healthcare sector. Europe is expected to witness rapid
growth due to increase in demand from Germany and Italy based automotive manufacturers. Developing
regions such as Asia Pacific and Central & South America are expected to experience rapid growth in industry
over the next eight years period owing to rising awareness, rise in disposable income and high demand for metal