2018-2023 Global Metal Injection Molding Parts (MIM Parts) Consumption Market Report
NxtGen Reports recently added a new market research report in its offerings titled, "2018-2023 Global Metal Injection Molding Parts (MIM Parts) Consumption Market Report".
(EMAILWIRE.COM, October 04, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Metal Injection Molding Parts (MIM Parts) market for 2018-2023.
Metal injection molding (MIM) is a metalworking process in which finely-powdered metal is mixed with binder material to create a "feedstock" that is then shaped and solidified using injection molding. The molding process allows high volume, complex parts to be shaped in a single step. After molding, the part undergoes conditioning operations to remove the binder (debinding) and densify the powders. Finished products are small components used in many industries and applications.
The global MIM Parts industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia Pacific, such as Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk and Sintex.
The global consumption of MIM Parts increases from 9428 MT in 2013 to 16926 MT in 2017, at a CAGR of more than 15.75%. In 2017, the global MIM Parts consumption market is led by Asia Pacific and Asia Pacific is the largest region consumption market, accounting for about 36.57% of global consumption of MIM Parts.
MIM Parts downstream is wide and recently MIM Parts has acquired increasing significance in various fields of Industry, 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.
Over the next five years, this report projects that Metal Injection Molding Parts (MIM Parts) will register a 15.0% CAGR in terms of revenue, reach US$ 4890 million by 2023, from US$ 2120 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Injection Molding Parts (MIM Parts) market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Stainless Steel
Steel
Alloy Steel
Other Metal
Segmentation by application:
Medical
Industrial
Automotive
Electronics
Firearms
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Indo-MIM
ARC Group
NIPPON PISTON RING
Schunk
Sintex
Praxis Powder Technology
ASH® Industries
Form Technologies Company
Smith Metal Products
NetShape Technology
AMT
Dou Yee Technologies
Shin Zu Shing
GIAN
Future High-tech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Metal Injection Molding Parts (MIM Parts) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Metal Injection Molding Parts (MIM Parts) market by identifying its various subsegments.
Focuses on the key global Metal Injection Molding Parts (MIM Parts) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Metal Injection Molding Parts (MIM Parts) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Metal Injection Molding Parts (MIM Parts) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-metal-injection-molding-parts-mim
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Metal injection molding (MIM) is a metalworking process in which finely-powdered metal is mixed with binder material to create a "feedstock" that is then shaped and solidified using injection molding. The molding process allows high volume, complex parts to be shaped in a single step. After molding, the part undergoes conditioning operations to remove the binder (debinding) and densify the powders. Finished products are small components used in many industries and applications.
The global MIM Parts industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and Asia Pacific, such as Indo-MIM, ARC Group, NIPPON PISTON RING, Schunk and Sintex.
The global consumption of MIM Parts increases from 9428 MT in 2013 to 16926 MT in 2017, at a CAGR of more than 15.75%. In 2017, the global MIM Parts consumption market is led by Asia Pacific and Asia Pacific is the largest region consumption market, accounting for about 36.57% of global consumption of MIM Parts.
MIM Parts downstream is wide and recently MIM Parts has acquired increasing significance in various fields of Industry, 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.
Over the next five years, this report projects that Metal Injection Molding Parts (MIM Parts) will register a 15.0% CAGR in terms of revenue, reach US$ 4890 million by 2023, from US$ 2120 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Metal Injection Molding Parts (MIM Parts) market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Stainless Steel
Steel
Alloy Steel
Other Metal
Segmentation by application:
Medical
Industrial
Automotive
Electronics
Firearms
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Indo-MIM
ARC Group
NIPPON PISTON RING
Schunk
Sintex
Praxis Powder Technology
ASH® Industries
Form Technologies Company
Smith Metal Products
NetShape Technology
AMT
Dou Yee Technologies
Shin Zu Shing
GIAN
Future High-tech
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Metal Injection Molding Parts (MIM Parts) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Metal Injection Molding Parts (MIM Parts) market by identifying its various subsegments.
Focuses on the key global Metal Injection Molding Parts (MIM Parts) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Metal Injection Molding Parts (MIM Parts) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Metal Injection Molding Parts (MIM Parts) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-metal-injection-molding-parts-mim
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results