Ceramic Injection Molding Market Size

Ceramic Injection Molding Market Size

Ceramic Injection Molding Market size exceeded USD 372 million in 2022 and is set to register over 8% CAGR between 2023 and 2032. Increasing demand for ceramic injection molded products in the aerospace industry will fuel the global market growth.

Global demand for injection moulded ceramic products is likely to boost the adoption of ceramic injection moulding machines. This technology has the potential to produce highly precise, complicated ceramic components and parts for the mobile phone, electronics, and consumer goods industries. As a result, the increased acceptance of these goods is expected to fuel the growth of the ceramic injection moulding sector. Moreover, the varied qualities of completed injection moulded ceramic goods, such as increased heat, wear, and corrosion resistance, promote their application across a wide range of end-use industries, encouraging the ceramic injection moulding market growth.
 

Technical ceramics as a material perform well in harsh environments such as corrosive atmospheres, high temperatures, and abrasive situations. Additionally, modern ceramics combine good mechanical properties with a low specific weight. Because of this feature, advanced ceramics are recognised as lightweight building materials, and hence find use in moving automobile, aeronautics, and engine components. Furthermore, essential development tactics such as business expansion, acquisitions, and others are used by major competitors to improve their position in the global market.