Metal injection molding powders, which are also known as powders injection molding, is a technology used in the manufacturing of complex, net-shape and precision components from metal powder. In this process, the most important characteristic is the particle size of powder, which ranges from 16 µm to 38 µm. This particle size is a key component, as it helps in determining surface quality of the end product.

Market Dynamics:

The metal injection molding powders market is expected to exhibit significant growth over the forecast period, owing to cost-effectiveness of these powders in the manufacturing of high volume complex parts. Moreover, the time required for the manufacturing activities is highly reduced as compared to other techniques such as investment casting. The finishing activities, which are required to be performed on the end products, are also reduced. This helps in saving both time and cost. The growing consumer electronics industry, which involve a filler conductor material is also expected to drive growth of the market. However, growth of the market is expected to be hampered by the deployment of other technologies such as investment casting and die casting among others. 

Market Outlook:

Among end use, the aerospace and defense segment is expected to exhibit significant growth over the forecast period. This industry is recognized as one of the major and most potential market for metal injection molding powders. However, unique requirement of the sector along with limited public exposure for successful applications in aerospace sector has resulted in low market penetration. The major growth potential for its use in the aerospace industry would be in terms of its ability to contribute to cost reduction, which would be a result of the near net shape capability and improved resource efficiency with regards to lower energy consumption and higher material utilization levels.  

The global metal injection molding powders market is quite dynamic, owing to the diversity of end-users from various industry verticals. Among all the regions, Asia Pacific region holds dominant position in the global metal injection molding powders market and is expected to maintain its dominance over the forecast period. The expansion of automotive industry in emerging economies such as India, China, and Japan is driving growth of the market in this region. Furthermore, the market is driven by the growth of electronics industry and lower cost of production in the region.

Key players:

Key players operating in the global metal injection molding powders market include Sandvik AB (Sweden), OptiMIM (U.S.), MIM International (India), CRS Holdings Inc. (U.S.), ARCMIM (U.S.), AmTech International (U.S.), Sintex a/s (Denmark), Sinotech (China), and Alpha Precision Group, LLC (U.S.) among others.

Market Taxonomy:

On the basis of material type, the global metal injection molding powders market is segmented into:

  • Iron
  • Nickel
  • Chromium
  • Molybdenum
  • Stainless Steels
  • Alloys

On the basis of application, the global metal injection molding powders market is segmented into:

  • Medical Manufacturing
  • Firearm Components
  • Aerospace and Defense
  • Orthodontics
  • Automotive
  • Electronics/Electricals
  • Industrial and Consumer Applications

On the basis of region, the global metal injection molding powders market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Middle East
    • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users