DUBLIN--(BUSINESS WIRE)--The "Ceramic Injection Molding - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Ceramic Injection Molding estimated at US$396 Million in the year 2020, is projected to reach a revised size of US$651.5 Million by 2027, growing at a CAGR of 7.4% over the analysis period 2020-2027.
Alumina, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$312.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Zirconia segment is readjusted to a revised 8.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $117 Million, While China is Forecast to Grow at 6.9% CAGR
The Ceramic Injection Molding market in the U.S. is estimated at US$117 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$114 Million by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
Other Materials Segment to Record 6.9% CAGR
In the global Other Materials segment, USA, Canada, Japan, China and Europe will drive the 7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$87.5 Million in the year 2020 will reach a projected size of US$140 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$75.3 Million by the year 2027.
Select Competitors (Total 59 Featured):
- Advanced Materials Technologies
- Akron Porcelain & Plastics Co.
- ARC Group Worldwide, Inc.
- CMG Technologies
- CN Innovations Holdings Ltd.
- Epson Atmix Corp.
- Form Technologies Company
- GKN plc
- Indo-MIM Pvt. Ltd.
- Nippon Piston Ring Co. Ltd.
- Parmatech Corp.
- Phillips-Medisize Corp.
- Polymer Technologies Inc.
- PSM Industries Inc.
- Smith Metal Products
- SSI-Sintered Specialties Inc.
- World Class Technology
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Powder Injection Molding: Advanced Precision Manufacturing Technology
- Recent Market Activity
- Ongoing Thrust towards NNS Manufacturing Provides Impetus to Market Growth
- Prospects Remain High for PIM Across End-Use Markets
- Key Benefits Offered Drive Adoption of Metal & Ceramic Molding Technologies
- Overview of MIM/CIM Advantages
- Global Market Outlook
- Asia-Pacific Remains a Lucrative Market
- Competitive Landscape
- Leading Players in the MIM/CIM Market
- Pricing Competition from Asia Threatens Players in the Developed Markets
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technological Developments Keep Consumer Interests Kindled
- HIP Enhances MIM's Proficiency
- Titanium-based MIM Products Elicit New Focus
- Automation of MIM Processes Helps Keep Pace with Technology
- Micro-MIM Expands Application Range with Production of Micro-Components
- MIM Gains Traction in Medical Devices Industry
- Automotive Sector: A High Potential End-Use Market
- Inclination towards Lightweight Automotive Parts Extends New Opportunities
- Select Application Areas for MIM in Automotive Sector
- Need for Precision Parts in Consumer Products Drives MIM Sales
- Major Consumer Product Categories for MIM Parts
- Growing Adoption of MIM in Mechanical Parts Manufacturing
- Firearm Parts Manufacturing Made Easy with MIM
- Aerospace Sector: An Untapped Market
- MIM Sees Faster Growth in IT Products Sector
- Cost Considerations Limit Size of MIM Part
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/57jsmq.
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