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In the polymer & plastics sector, ceramic injection molding is used to increase the flexibility of the finished type. Accelerated industrialization, rising incomes, changing lifestyles, and the growing use of polymer items in daily lives are contributing to the sector growth. Healthcare, agriculture, textiles, housing, furniture, electronics, and construction applications employ polymer. A substance or material that is added to a material (often a plastic or elastomer) to increase its flexibility, workability, or distensibility is known as a plasticizer or softener. A plasticizer can lower the temperature of the second-order transition, the melt elastic modulus, or the viscosity of the melt.
Based on materials, the ceramic injection molding market is divided into four materials: alumina, zirconia, ferrite,and others. The alumina segment is dominating among these and is predicted to increase at a high rate. This is due to the material's strong strength and performance properties, as well as its use in a variety of end-use industries such as electronics, automotive, and others.
Asia Pacific region is a significant market for ceramic injection molding due to its growing industrial and consumer base. India is estimated to hold a significant market share of the Ceramic Injection Molding market and is anticipated to expand at a significant CAGR. Increasing production and sales of automotive vehicles, growing demand for consumer goods, and robust growth of the electronics industry are a few macroeconomic factors proliferating the sales of products manufactured from ceramic injection molding. The country is also witnessing a significant increase in the demand for several healthcare products, which is also forecast to augment growth of the product market in the country.