Metal and Ceramic Injection Molding Market Size, Share, and Trends 2024 to 2034

Metal and Ceramic Injection Molding Market (By Type: Iron & Steel, Stainless Steel, Copper, Alumina Products, Zirconia, Others; By End User: Aerospace, Automotive, Industrial Machinery, Medical Equipment, Consumer Goods, Electronics, Others; By Distribution Channel: Online Stores, Offline Stores) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032

  • Last Updated : October 2023
  • Report Code : 1581
  • Category : Chemical and Material

The global metal and ceramic injection molding market size was valued at US$ 4 billion in 2022 and is expected to hit US$ 9 billion by 2032, poised to grow at a CAGR of 8.50% during the forecast period 2023 to 2032.

Metal and Ceramic Injection Molding Market Size 2023 to 203

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Metal and Ceramic Injection Molding Market Size in Asia Pacific 2023 To 2032

The Asia Pacific metal and ceramic injection molding market size reached US$ 1.44 billion in 2022 and is predicted to expand US$ 3.30 billion by 2032, at a CAGR of 8.70% between 2023 to 2032.

Asia Pacific Metal and Ceramic Injection Molding Market Size 2023 To 2032

Asia Pacific dominated the global metal and ceramic injection molding market in 2020. The countries like South Korea, Taiwan, Japan, China, and India are well-known for the production of various consumer goods like consumer electronics. Moreover, Asia Pacific is the manufacturing hub of the globe. The easy and cheap availability of the factors of production and favorable government policies that promotes the region as manufacturing center has resulted in the increased demand for the metal and ceramic injection molding across various industries. Moreover, the surging demand for the electric vehicles and healthcare devices is expected to further propel the growth of the market in the forthcoming years. Furthermore, the rapidly growing demand for the miniature industrial equipment in the Asia Pacific is significantly boosting the growth of the metal and ceramic injection molding market.

North America is expected to grow at a considerable rate. The rapid industrialization in the past and huge demand for the various healths and industrial equipment in the region has fostered the market growth. The growing demand for the automotive products and medical devices is expected to drive the growth of the metal and ceramic injection molding market in North America. Moreover, the surging investments in the adoption of various automated technologies and high-end electronic products are expected to drive the market growth in the forthcoming future.

Growth Factors

The metal and ceramic injection molding is extensively used in the manufacturing of products that involves huge strength, enhanced surface finishing, and complex structures. The surging demand for the minimally invasive cosmetic surgeries among the global population is expected to drive the market growth significantly during the forecast period. Moreover, the surging investments by the manufacturers are contributing towards the growth of the market. The ceramic and metal molding is a complex process which is managed with high accuracy to provide a particular product to the end user industry. The materials such as stainless steel, low-alloy steels, titanium alloys, and soft magnetic alloys are extensively used to manufacture certain end products across different industries. Therefore, the rising demand for the electronic devices and medical equipment across the globe is driving the demand for the metal and ceramic injection molding. The most prominent applications include electronic gadgets, medical equipment, and components of automotive. The rapid urbanization in the developing regions is a major factors that is expected to drive the growth of the global metal and ceramic injection molding market. The burgeoning demand for production in the automotive industry coupled with the increased demand for the metal and ceramic injection molding technology is spurring the growth of the global metal and ceramic injection molding market.

The healthcare sector is experiencing massive growth owing to the rising pool of patients across the globe. The surging demand for the various medical equipment is fostering the growth of the metal and ceramic injection molding market. The flexibility in designing and low operational costs associated with the use of metal and ceramic injection molding is significantly boosting its demand across different end use industries. Moreover, the surging demand for various consumer goods like eyeglasses and wrist watches is exponentially contributing towards the growth of the market. The various new applications of the metal and ceramic injection molding is expected to offer various growth aspects to the market players in the forthcoming years. The growing demand for the metal and ceramic in the new applications such as electromagnetic, electrical, and alternative power industry is propelling the market growth. However, the availability of other eco-friendly alternatives to the metal and ceramic injection molding may hamper the market growth during the forecast period.

The outbreak of the COVID-19 in 2020 had a negative impact on the market growth. The closure of almost all the manufacturing units across various industries and the supply chain disruption owing to the lockdown rules implemented by the government had a negative impact on the global metal and ceramic injection molding market growth.

Report Scope of the Metal and Ceramic Injection Molding Market

Report Coverage Details
Market Size by 2032 USD 9 Billion
Growth Rate from 2023 to 2032

CAGR of 8.50%

Base Year 2022
Largest Market Asia Pacific
Fastest Growing Market North America
Forecast Period 2023 to 2032
Segments Covered Type, End User, Distribution Channel, Geography
Companies Mentioned Advanced Materials Technologies Pte. Ltd., Form Technologies Company, CN Innovations Holdings Ltd., Akron Porcelain & Plastics Co., ARC Group Worldwide, Inc., Kinetics Climax Inc., CMG Technologies, PSM Industries, Nippon Piston Ring Co Ltd., Abbot Furnace Company

 

By Type Insights

The global metal and ceramic injection molding market was dominated by the stainless steel segment in 2022. The extensive demand for the stainless steel molded products in the various industries such as automotive, general industries, and aerospace industries have significantly boosted the demand for the stainless steel segment. Moreover, the easy availability of high quality stainless steel and its durability, higher strength, flexibility, and rust resistant properties of the stainless steel has fostered the demand among the end use industries.

On the other hand, the alumina products are estimated to be the fastest-growing segment during the forecast period. The light-weight, durability, strength, flexibility, low cost, and low machinability are the major factors that drive the demand for the alumina products in the electronics and automotive industries. The surging demand for the alumina products in the automotive industry is expected to drive the growth of this segment.

End User Insights

The automotive segment dominated the global metal and ceramic injection molding market in 2020. The massive growth of the automotive industry in the past decades has fueled the growth of the metal and ceramic injection molding market. There is huge demand for the injection molded miniature products in the automotive industry. The complex engine components, locking mechanisms, and electronic systems are made using the metal and ceramic injection molding products, which has significantly contributed towards the growth of this segment in the past few years.

The medial equipment is estimated to be the fastest-growing segment during the forecast period. The growing number of patients owing to the surging prevalence of various chronic diseases across the globe is exponentially driving the growth of the metal and ceramic injection molding market owing to its growing demand for the production of numerous medical equipment.

Key Market Developments

  • In April 2018, Hoganas AB introduced the development of new product area to meet the rising demand for the metal injection molding within additive manufacturing.
  • In 2018, Hoganas completed the acquisition of H.C. Starck Technology Surface and Ceramic Powder and Metasphere Technology. This acquisition aimed at strengthening the market position of Sweden-based companyHoganas.

The metal and ceramic injection molding market is highly fragmented with the presence of numerous top market players. These market players are investing heavily in the value-added services to gain competitive advantage and gain market share. Furthermore, these market players are engaging in various developmental strategies such as product launches, partnerships, joint ventures, and mergers to exploit the prevailing market opportunities.

Some of the prominent players in the global metal and ceramic injection molding market include:

  • Advanced Materials Technologies Pte. Ltd.
  • Form Technologies Company
  • CN Innovations Holdings Ltd.
  • Akron Porcelain & Plastics Co.
  • ARC Group Worldwide, Inc.
  • Kinetics Climax Inc.
  • CMG Technologies
  • PSM Industries
  • Nippon Piston Ring Co Ltd.
  • Abbot Furnace Company

Segments Covered in the Report

By Type

  • Iron & Steel
  • Stainless Steel
  • Copper
  • Alumina Products
  • Zirconia
  • Others

By End User

  • Aerospace
  • Automotive
  • Industrial Machinery
  • Medical Equipment
  • Consumer Goods
  • Electronics
  • Others

By Distribution Channel

  • Online Stores
  • Offline Stores

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions

According to Precedence Research, the global metal and ceramic injection molding market size was estimated at US$ 4 billion in 2022 and is anticipated to reach US$ 9 billion by 2032.

The global metal and ceramic injection molding market is growing at a CAGR of 8.50% over the forecast period 2023 to 2032.

The major players operating in the metal and ceramic injection molding market are Advanced Materials Technologies Pte. Ltd., Form Technologies Company, CN Innovations Holdings Ltd., Akron Porcelain & Plastics Co., ARC Group Worldwide, Inc., Kinetics Climax Inc., CMG Technologies, PSM Industries, Nippon Piston Ring Co Ltd., Abbot Furnace Company.

The growing demand for the various components and products across various industries such as healthcare, consumer goods, automotive, and aerospace industries is significantly boosting the growth of the metal and ceramic injection molding market.

Asia Pacific dominated the global metal and ceramic injection molding market in 2022 and will lead in near future.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Metal and Ceramic Injection Molding Market 

5.1. COVID-19 Landscape: Metal and Ceramic Injection Molding Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Metal and Ceramic Injection Molding Market, By Type

8.1. Metal and Ceramic Injection Molding Market, by Type, 2023-2032

8.1.1. Iron & Steel

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Stainless Steel

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Copper

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Zirconia

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Alumina Products

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Others

8.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Metal and Ceramic Injection Molding Market, By Application

9.1. Metal and Ceramic Injection Molding Market, by Application, 2023-2032

9.1.1. Aerospace

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Automotive

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Electronics

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Consumer Goods

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. Medical Equipment

9.1.5.1. Market Revenue and Forecast (2020-2032)

9.1.6. Industrial Machinery

9.1.6.1. Market Revenue and Forecast (2020-2032)

9.1.7. Others

9.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Metal and Ceramic Injection Molding Market, By Distribution Channel 

10.1. Metal and Ceramic Injection Molding Market, by Distribution Channel, 2023-2032

10.1.1. Online Stores

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Offline Stores

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Metal and Ceramic Injection Molding Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Forecast, by Application (2020-2032)

11.1.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Forecast, by Application (2020-2032)

11.2.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Application (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Application (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Forecast, by Application (2020-2032)

11.3.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Application (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Application (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Application (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Application (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Application (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Application (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Distribution Channel (2020-2032)

Chapter 12. Company Profiles

12.1. Advanced Materials Technologies Pte. Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Form Technologies Company

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. CN Innovations Holdings Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Akron Porcelain & Plastics Co.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. ARC Group Worldwide, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Kinetics Climax Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. PSM Industries

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Nippon Piston Ring Co Ltd.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Abbot Furnace Company

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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