The global Metal Injection Molding Parts (MIM Parts) market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 2750 million by 2027.
MIM Parts downstream is wide and recently MIM Parts has acquired increasing significance in various fields of Industry, including Automotive, Electronics, Medical, Firearms and others. Globally, the MIM Parts market is mainly driven by growing demand for Industry, Automotive, Electronics, Industry, Automotive, Electronics accounts for nearly 67.39% of total downstream consumption of MIM Parts in global.
MIM Parts can be mainly divided into Stainless Steel, Steel, Alloy Steel and Other Metal which Stainless Steel captures about 42.66% of MIM Parts market in 2016. According to our research and analysis, manufacturers from North America are the major leaders in the international market of MIM Parts.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, MIM Parts consumption will show a trend of steady growth. In 2024 the consumption of MIM Parts is estimated to be 47138 MT. On product prices, the slow downward trend in recent years will maintain in the future.
The report also assesses the key opportunities in the Metal Injection Molding Parts (MIM Parts) market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Metal Injection Molding Parts (MIM Parts) Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Metal Injection Molding Parts (MIM Parts) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Metal Injection Molding Parts (MIM Parts) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk, Sintex, Praxis Powder Technology, ASH Industries, Form Technologies, Smith Metal Products, CMG Technologies, MPP, AMT, Dou Yee Technologies, Shin Zu Shing, GIAN, Future High-tech, CN Innovations and others.
ARC RESOURCES LTD. ANNOUNCES APPROVAL OF RESOLUTIONS AT ANNUAL AND GENERAL MEETING OF SHAREHOLDERS
May 6, 2022
ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on May 6, 2022.
2019—Desktop Metal, the company committed to making metal 3D printing accessible to manufacturers and engineers, announced today a strategic partnership with Indo-MIM, the global leader and world’s largest supplier of Metal Injection Molding (MIM) precision-engineered products with over 100 million metal parts produced annually for leading global OEMs. Together, Desktop Metal and Indo-MIM will offer innovative solutions to enable companies around the world to design and produce metal additively manufactured parts at scale and shorten time to market.
Market is segmented based on the type, applications, companies and regions.
By Type, Metal Injection Molding Parts (MIM Parts) Market has been segmented into
The end user’s industry application on Metal Injection Molding Parts (MIM Parts) Market is,
The report has analyzed both developed & developing regions considered for research of the metal injection molding parts (mim parts) market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.
North America
The Metal Injection Molding Parts (MIM Parts) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Metal Injection Molding Parts (MIM Parts) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Metal Injection Molding Parts (MIM Parts) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk, Sintex |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.9% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk, Sintex, Praxis Powder Technology, ASH Industries, Form Technologies, Smith Metal Products, CMG Technologies, MPP, AMT, Dou Yee Technologies, Shin Zu Shing, GIAN, Future High-tech, CN Innovations |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Metal Injection Molding Parts (MIM Parts) Market is studied from 2017 - 2027.
What is the growth rate of Metal Injection Molding Parts (MIM Parts) Market?
The Metal Injection Molding Parts (MIM Parts) Market is growing at a CAGR of 5.9% over the next 5 years.
Who are the key players in Metal Injection Molding Parts (MIM Parts) Market?
Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk, Sintex, Praxis Powder Technology, ASH Industries, Form Technologies, Smith Metal Products, CMG Technologies, MPP, AMT, Dou Yee Technologies, Shin Zu Shing, GIAN, Future High-tech, CN Innovations
What regions does this Metal Injection Molding Parts (MIM Parts) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Metal Injection Molding Parts (MIM Parts) Market?
PVC Door Panels, PVC Shower Wall Panels, Shower Wall Panels, Wall Cladding PVC Sheets
What are the major end-use applications of the Metal Injection Molding Parts (MIM Parts) Market?
Metal Injection Molding Parts (MIM Parts) Market is, Residential, Commercial
All our reports are customizable to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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