iCrowdNewswire Feb 3, 2021 6:33 PM ET
The global Metal and Ceramic Injection Molding market is forecasted to reach USD 4.95 Billion by 2027, according to a new report by Reports and Data. Metal Injection Molding and Ceramic Injection Molding are together known as powder injection molding. The Injection molding technique is used to manufacture products, as it provides benefits, such as high strength, improved surface finish, and the ability to make complex products. Metal and Ceramic Injection Molding imparts a sophisticated production capacity to the conventional molding process. The market is witnessing high demand due to the increasing consumption of complex parts that require high-performance materials and reduced sizes.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Metal and Ceramic Injection Molding market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Metal and Ceramic Injection Molding business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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The rise in demand for automobiles is expected to drive the market in the coming years. A significant challenge in the market’s growth is affected by the unstable price of the raw materials. Market demand is expected to be restrained by the rising demand for plastic-free products. Rising applications of Metal and Ceramic Injection Molding in the coatings and paints are driving the market. The increasing usage of bio-based Metal and Ceramic Injection Molding will also supplement Metal and Ceramic Injection Molding market revenue share through 2027
Further key findings from the report suggest
Zirconia is anticipated to grow at a CAGR of 4.9% in the forecast period. The product provides benefits, such as durability and strength. The product is used in various applications, such as pump seals, oxygen sensors, valves, impellers, precision ball valves, and medical prostheses.
In terms of Applications, Firearms is forecasted to grow at a CAGR of 6.2% in the forecast period. Usage of metal and ceramic injection molding leads to an increase in the speed of production, along with better features of the product, such as better grips. Also, the product can be customized up to a large range.
The Offline Segment occupied 76.6% of the market share in 2019 owing to the high involvement of the product, where consumers like to physically examine the product before purchasing to make sure that it fits their requirements.
Latin America is forecasted to grow at a CAGR of 6.0% in the forecast period. The region has significant demand owing to the presence of countries, such as Brazil and Argentina, in the region where electronics and automotive industries drive the consumption of the market. The growth of the medical industry in the region also leads to increased market size in the region.
The global Metal and Ceramic Injection Molding market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Metal and Ceramic Injection Molding market are listed below:
Components, Hong Ya Industrial, Abbott Furnace Company, Cypress Industries, G-Mag International, Datumag Inc., Affinity International LLC., Britt Manufacturing Co., Form Technologies Company, and C.N. Innovations Holdings Ltd., among others.
Product Outlook (Revenue, USD Billion; 2017-2027)
Iron and Steel
Application Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
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Key Takeaways from the Global Metal and Ceramic Injection Molding Market report:
The global Metal and Ceramic Injection Molding market report entails a broad product segmentation.
It methodically evaluates the overall product expanse of this business space.
The report covers pivotal information about the accrued market share of each product type, their profit estimations, and production growth graph.
The report provides the reader with a generic summary of the application gamut of the global Metal and Ceramic Injection Molding market.
The report further details the market share and product demand for each application segment.
The study estimates the growth rate of each application segment over the projected timeframe.
Moreover, the report offers crucial information on the different parameters boosting the global market expansion, such as raw material production and market concentration rates.
Table Of Contents:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Metal and Ceramic Injection Molding Market Segmentation & Impact Analysis
Chapter 5. Metal And Ceramic Injection Molding Market By Product Insights & Trends
Chapter 6. Metal and Ceramic Injection Molding Market, By Application Insights & Trends
Chapter 7. Metal And Ceramic Injection Molding Market By Distribution Channel Insights & Trends
Chapter 8. Metal and Ceramic Injection Molding Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
10.1. AB Components
10.2. Hong Ya Industrial
10.3. Abbott Furnace Company
10.4. Cypress Industries
10.5. G-Mag International
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