Powder Injection Molding Market Overview (2022-2032)

[250 Pages Report] The global powder injection molding market is projected to register a healthy growth pace with a CAGR of 9.3% from 2022-2032.

“Power injection molding market has witnesses the dynamics and will witness a high CAGR in the forecast period as the application of PIM is increasing and new opportunities are coming on the way of manufacturers.”

Powder injection molding is an industrial manufacturing solution for producing alloy, metal, and ceramic parts. This process is widely used on account of its advantages, such as cleaner product output over other processes.

The powder injection molding market is likely to grow with double digit CAGR over the entire forecast period.

Attributes Details
Powder Injection Molding Market Value (2022) US$ 3.50 Billion
Powder Injection Molding Market CAGR (2022 to 2032) 9.3%

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What are the Growth Influencers of the Powder Injection Molding Market?

“Covid-19 has increased the need of medical equipment, which has unlocked potential for the powder injection molding market excessively.”

One of the major driving factors for global powder injection molding market includes growing demand for the miniaturized complex components to be used as high performance materials pertaining to various end-user industries.

In addition, growing demand for medical equipment has fueled the demand for powder injection molding to manufacture medical micro-parts to be used in various medical procedures and techniques. Invasive surgery, intravenous therapy, advanced drug delivery and vascular therapy require precise equipment manufactured with state of the art manufacturing method.

Intricate shapes of medical devices require specialized manufacturing methods. Ability of powder injection molding method to form precise shapes as compared to conventional manufacturing methods is supplementing the growth of medical and healthcare application segment.

How is the Global Powder Injection Molding Market Classified?

“Marketing powder injecting molders on the basis of high durability to withstand temperature & pressure can garner sales from defense, automotive, and aerospace.”

The powder injection molding market can be segmented on the basis of its technology, such as ceramic injection molding (CIM) and metal injection molding (MIM). These technologies are expected to grow further owing to the demand from applications such as automotive, medical, healthcare, aerospace, consumer products, industrial machinery and others.

Growing industrial expansion activities in regions such as Asia Pacific and Rest of the World are likely to spur the demand for powder injection molding market in such applications. Further, expansion in the machine manufacturing industry in the last few years serves as an opportunity for powder injection molding in various inter-related applications.

Further, on the basis of raw material used; global powder injection molding market can be categorized as stainless steel, soft magnetic alloys, titanium alloys, and low-alloy steels. Raw materials are selected on the basis of its end-use industry where innovation in the material science industry has led to the expansion of application areas.

Some of the key end-usages propelling the demand for powder injection molding processes include electronic gadgets, medical equipment, firearms, and automotive components.

Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Which Region is Leading in the Powder Injection Molding Market?

“Cashing in on opportunities pertaining to the popularity of miniaturized complex components will unlock market penetration opportunities.”

Asia Pacific is currently the dominant market for ceramic and metal injection molding at a global level. Powder injection molding market is mostly prevalent in the automotive industry, where machine and machine-component manufacturers serve as the dominant market share end-user group for powder injection molding process.

Further, powder injection molding market is supplemented by new environmental regulations, mandatory for companies to streamline production methodologies and reduce emissions. Consequently, the market for powder injection molding is growing as it produces parts to near net shape, thereby eliminating secondary machining processes. 

Moreover, increasing firearms usage in the defense industry, especially in the U.S., is expected to boost powder injection molding industry growth in North America. Asia Pacific demand for powder injection molding is driven by the demand from electronics component applications.

Europe powder injection molding market is dominated by automotive application, whereas, North America powder injection molding market is dominated by medical & healthcare applications.

Therefore, it is expected that the regional market of powder injection molding market varies on a broader spectrum due to the variation in technology along with the variation in end-user industries growth in the respective regions. Further, market participants are more focused to target respective end-user industries to manufacture specialized products.

Key Segments

Attributes Details
Forecast Period 2022 to 2032
Historical Data Available for 2014 to 2020
Market Analysis US$ Million for Value
By Technology
  • Ceramic injection molding (CIM)
  • Metal injection molding (MIM)
By Application
  • Automotive
  • Medical
  • Healthcare
  • Aerospace
  • Consumer products
  • Industrial machinery
By Raw Material
  • Stainless steel
  • Soft magnetic alloys
  • Titanium alloys
  • Low-alloy steels
By Region
  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
Key Players
  • ARC Group
  • Advanced Materials Technologies Pte. Ltd.
  • Epsom Atmix Corporation
  • PSM Industries Inc.
  • Plansee Group
  • Indo-US MIM Tec Pvt. Ltd.

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Frequently Asked Questions

What is the Growth Outlook for the Powder Injection Molding Market?

The global powder injection molding market is anticipated to register a CAGR of 9.3% from 2022 to 2032.

How much can the Powder Injection Molding Market Grow by 2032?

The global Powder injection molding market in likely to cross US$ 6.54 Bn mark by 2032.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Investment Feasibility Matrix
    3.5. PESTLE and Porter’s Analysis
    3.6. Regulatory Landscape
        3.6.1. By Key Regions
        3.6.2. By Key Countries
    3.7. Regional Parent Market Outlook
4. Global Powder Injection Molding Market Analysis 2017-2021 and Forecast, 2022-2032
    4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
    4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Mn) Analysis By Type, 2017-2021
    5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Type, 2022-2032
        5.3.1. Metal Injection Molding
        5.3.2. Ceramic Injection Molding
    5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
    5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By End Use
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Mn) Analysis By End Use, 2017-2021
    6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By End Use, 2022-2032
        6.3.1. Medical Devices
        6.3.2. Automotive Components
        6.3.3. Aerospace Components
        6.3.4. Industrial Equipment
        6.3.5. Others
    6.4. Y-o-Y Growth Trend Analysis By End Use, 2017-2021
    6.5. Absolute $ Opportunity Analysis By End Use, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Region
    7.1. Introduction
    7.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
    7.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
        7.3.1. North America
        7.3.2. Latin America
        7.3.3. Europe
        7.3.4. East Asia
        7.3.5. South Asia & Pacific
        7.3.6. MEA
    7.4. Market Attractiveness Analysis By Region
8. North America Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    8.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    8.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        8.2.1. By Country
            8.2.1.1. U.K.
            8.2.1.2. Canada
        8.2.2. By Type
        8.2.3. By End Use
    8.3. Market Attractiveness Analysis
        8.3.1. By Country
        8.3.2. By Type
        8.3.3. By End Use
    8.4. Key Takeaways
9. Latin America Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        9.2.1. By Country
            9.2.1.1. Brazil
            9.2.1.2. Mexico
            9.2.1.3. Rest of Latin America
        9.2.2. By Type
        9.2.3. By End Use
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Type
        9.3.3. By End Use
    9.4. Key Takeaways
10. Europe Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        10.2.1. By Country
            10.2.1.1. Germany
            10.2.1.2. U.K.
            10.2.1.3. France
            10.2.1.4. Spain
            10.2.1.5. Italy
            10.2.1.6. Rest of Europe
        10.2.2. By Type
        10.2.3. By End Use
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Type
        10.3.3. By End Use
    10.4. Key Takeaways
11. East Asia Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        11.2.1. By Country
            11.2.1.1. China
            11.2.1.2. Japan
            11.2.1.3. South Korea
        11.2.2. By Type
        11.2.3. By End Use
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Type
        11.3.3. By End Use
    11.4. Key Takeaways
12. South Asia & Pacific Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        12.2.1. By Country
            12.2.1.1. India
            12.2.1.2. Thailand
            12.2.1.3. Indonesia
            12.2.1.4. Malaysia
            12.2.1.5. Singapore
            12.2.1.6. Australia
            12.2.1.7. New Zealand
            12.2.1.8. Rest of South Asia & Pacific
        12.2.2. By Type
        12.2.3. By End Use
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Type
        12.3.3. By End Use
    12.4. Key Takeaways
13. MEA Powder Injection Molding Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        13.2.1. By Country
            13.2.1.1. GCC Countries
            13.2.1.2. South Africa
            13.2.1.3. Israel
            13.2.1.4. Rest of MEA
        13.2.2. By Type
        13.2.3. By End Use
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Type
        13.3.3. By End Use
    13.4. Key Takeaways
14. Key Countries Powder Injection Molding Market Analysis
    14.1. U.K.
        14.1.1. Pricing Analysis
        14.1.2. Market Share Analysis, 2021
            14.1.2.1. By Type
            14.1.2.2. By End Use
    14.2. Canada
        14.2.1. Pricing Analysis
        14.2.2. Market Share Analysis, 2021
            14.2.2.1. By Type
            14.2.2.2. By End Use
    14.3. Brazil
        14.3.1. Pricing Analysis
        14.3.2. Market Share Analysis, 2021
            14.3.2.1. By Type
            14.3.2.2. By End Use
    14.4. Mexico
        14.4.1. Pricing Analysis
        14.4.2. Market Share Analysis, 2021
            14.4.2.1. By Type
            14.4.2.2. By End Use
    14.5. Germany
        14.5.1. Pricing Analysis
        14.5.2. Market Share Analysis, 2021
            14.5.2.1. By Type
            14.5.2.2. By End Use
    14.6. U.K.
        14.6.1. Pricing Analysis
        14.6.2. Market Share Analysis, 2021
            14.6.2.1. By Type
            14.6.2.2. By End Use
    14.7. France
        14.7.1. Pricing Analysis
        14.7.2. Market Share Analysis, 2021
            14.7.2.1. By Type
            14.7.2.2. By End Use
    14.8. Spain
        14.8.1. Pricing Analysis
        14.8.2. Market Share Analysis, 2021
            14.8.2.1. By Type
            14.8.2.2. By End Use
    14.9. Italy
        14.9.1. Pricing Analysis
        14.9.2. Market Share Analysis, 2021
            14.9.2.1. By Type
            14.9.2.2. By End Use
    14.10. China
        14.10.1. Pricing Analysis
        14.10.2. Market Share Analysis, 2021
            14.10.2.1. By Type
            14.10.2.2. By End Use
    14.11. Japan
        14.11.1. Pricing Analysis
        14.11.2. Market Share Analysis, 2021
            14.11.2.1. By Type
            14.11.2.2. By End Use
    14.12. South Korea
        14.12.1. Pricing Analysis
        14.12.2. Market Share Analysis, 2021
            14.12.2.1. By Type
            14.12.2.2. By End Use
    14.13. India
        14.13.1. Pricing Analysis
        14.13.2. Market Share Analysis, 2021
            14.13.2.1. By Type
            14.13.2.2. By End Use
    14.14. Thailand
        14.14.1. Pricing Analysis
        14.14.2. Market Share Analysis, 2021
            14.14.2.1. By Type
            14.14.2.2. By End Use
    14.15. Indonesia
        14.15.1. Pricing Analysis
        14.15.2. Market Share Analysis, 2021
            14.15.2.1. By Type
            14.15.2.2. By End Use
    14.16. Malaysia
        14.16.1. Pricing Analysis
        14.16.2. Market Share Analysis, 2021
            14.16.2.1. By Type
            14.16.2.2. By End Use
    14.17. Singapore
        14.17.1. Pricing Analysis
        14.17.2. Market Share Analysis, 2021
            14.17.2.1. By Type
            14.17.2.2. By End Use
    14.18. Australia
        14.18.1. Pricing Analysis
        14.18.2. Market Share Analysis, 2021
            14.18.2.1. By Type
            14.18.2.2. By End Use
    14.19. New Zealand
        14.19.1. Pricing Analysis
        14.19.2. Market Share Analysis, 2021
            14.19.2.1. By Type
            14.19.2.2. By End Use
    14.20. GCC Countries
        14.20.1. Pricing Analysis
        14.20.2. Market Share Analysis, 2021
            14.20.2.1. By Type
            14.20.2.2. By End Use
    14.21. South Africa
        14.21.1. Pricing Analysis
        14.21.2. Market Share Analysis, 2021
            14.21.2.1. By Type
            14.21.2.2. By End Use
    14.22. Israel
        14.22.1. Pricing Analysis
        14.22.2. Market Share Analysis, 2021
            14.22.2.1. By Type
            14.22.2.2. By End Use
15. Market Structure Analysis
    15.1. Competition Dashboard
    15.2. Competition Benchmarking
    15.3. Market Share Analysis of Top Players
        15.3.1. By Regional
        15.3.2. By Type
        15.3.3. By End Use
16. Competition Analysis
    16.1. Competition Deep Dive
        16.1.1. Advanced Materials Technologies
            16.1.1.1. Overview
            16.1.1.2. Product Portfolio
            16.1.1.3. Profitability by Market Segments
            16.1.1.4. Sales Footprint
            16.1.1.5. Strategy Overview
                16.1.1.5.1. Marketing Strategy
        16.1.2. Dynacast
            16.1.2.1. Overview
            16.1.2.2. Product Portfolio
            16.1.2.3. Profitability by Market Segments
            16.1.2.4. Sales Footprint
            16.1.2.5. Strategy Overview
                16.1.2.5.1. Marketing Strategy
        16.1.3. Phillips-Medisize
            16.1.3.1. Overview
            16.1.3.2. Product Portfolio
            16.1.3.3. Profitability by Market Segments
            16.1.3.4. Sales Footprint
            16.1.3.5. Strategy Overview
                16.1.3.5.1. Marketing Strategy
        16.1.4. ASH Industries
            16.1.4.1. Overview
            16.1.4.2. Product Portfolio
            16.1.4.3. Profitability by Market Segments
            16.1.4.4. Sales Footprint
            16.1.4.5. Strategy Overview
                16.1.4.5.1. Marketing Strategy
        16.1.5. Abbott Furnace
            16.1.5.1. Overview
            16.1.5.2. Product Portfolio
            16.1.5.3. Profitability by Market Segments
            16.1.5.4. Sales Footprint
            16.1.5.5. Strategy Overview
                16.1.5.5.1. Marketing Strategy
        16.1.6. Egide UK
            16.1.6.1. Overview
            16.1.6.2. Product Portfolio
            16.1.6.3. Profitability by Market Segments
            16.1.6.4. Sales Footprint
            16.1.6.5. Strategy Overview
                16.1.6.5.1. Marketing Strategy
        16.1.7. CMG Technologies
            16.1.7.1. Overview
            16.1.7.2. Product Portfolio
            16.1.7.3. Profitability by Market Segments
            16.1.7.4. Sales Footprint
            16.1.7.5. Strategy Overview
                16.1.7.5.1. Marketing Strategy
        16.1.8. Cypress Industries
            16.1.8.1. Overview
            16.1.8.2. Product Portfolio
            16.1.8.3. Profitability by Market Segments
            16.1.8.4. Sales Footprint
            16.1.8.5. Strategy Overview
                16.1.8.5.1. Marketing Strategy
        16.1.9. FloMet
            16.1.9.1. Overview
            16.1.9.2. Product Portfolio
            16.1.9.3. Profitability by Market Segments
            16.1.9.4. Sales Footprint
            16.1.9.5. Strategy Overview
                16.1.9.5.1. Marketing Strategy
        16.1.10. GKN Sinter Metals
            16.1.10.1. Overview
            16.1.10.2. Product Portfolio
            16.1.10.3. Profitability by Market Segments
            16.1.10.4. Sales Footprint
            16.1.10.5. Strategy Overview
                16.1.10.5.1. Marketing Strategy
        16.1.11. Sofine Gian PIM Tech
            16.1.11.1. Overview
            16.1.11.2. Product Portfolio
            16.1.11.3. Profitability by Market Segments
            16.1.11.4. Sales Footprint
            16.1.11.5. Strategy Overview
                16.1.11.5.1. Marketing Strategy
        16.1.12. Polymer Technologies
            16.1.12.1. Overview
            16.1.12.2. Product Portfolio
            16.1.12.3. Profitability by Market Segments
            16.1.12.4. Sales Footprint
            16.1.12.5. Strategy Overview
                16.1.12.5.1. Marketing Strategy
        16.1.13. Remington Arms
            16.1.13.1. Overview
            16.1.13.2. Product Portfolio
            16.1.13.3. Profitability by Market Segments
            16.1.13.4. Sales Footprint
            16.1.13.5. Strategy Overview
                16.1.13.5.1. Marketing Strategy
        16.1.14. The Dynamic Group
            16.1.14.1. Overview
            16.1.14.2. Product Portfolio
            16.1.14.3. Profitability by Market Segments
            16.1.14.4. Sales Footprint
            16.1.14.5. Strategy Overview
                16.1.14.5.1. Marketing Strategy
        16.1.15. SSI Technologies, Inc.
            16.1.15.1. Overview
            16.1.15.2. Product Portfolio
            16.1.15.3. Profitability by Market Segments
            16.1.15.4. Sales Footprint
            16.1.15.5. Strategy Overview
                16.1.15.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology

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