New York, According to a new market research report published by Global Insight Services “Powder Injection Molding Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Powder Injection Molding is a process of manufacturing plastic parts using a mold and powdered plastic. The plastic powder is fed into a hopper and then melted and injected into the mold under high pressure. The mold is then cooled and the part is ejected.
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Key Trends
The key trends in Powder Injection Molding technology are miniaturization, mass production, and automation. Miniaturization is necessary for many applications, such as medical devices and electronics. Mass production is necessary for industries that require large quantities of parts, such as the automotive industry. Automation is necessary for reducing labor costs and increasing efficiency.
Key Drivers
PIM is a cost-effective manufacturing process that offers a number of advantages over traditional manufacturing processes.
PIM is a versatile manufacturing process that can be used to produce a wide variety of parts.
PIM is a fast and efficient manufacturing process that can produce parts in a short period of time.
PIM is a scalable manufacturing process that can be easily scaled up or down to meet the changing needs of a business.
Market Segmentation
The Powder Injection Molding Market is segmented by type, industry vertical, and region. By type, the market is divided by metal injection and ceramic injection. By industry vertical, the market is bifurcated into consumer goods, aerospace & defense, automotive, healthcare, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Powder Injection Molding Market are Advanced Materials Technologies, Dynacast International, Vibrom, ARC Group Worldwide, ARBURG, Cypress Industries, Reaux Medical Molding., Fours Industriels B.M.I., Mahler GmbH and Indo-MIM Pvt. Ltd.
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Reasons to buy Powder Injection Molding Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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