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Metal Injection Molding (MIM) Parts Market Share

Report ID: GMI4392
Published Date: Aug 2024
Report Format: PDF

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Metal Injection Molding Parts Market Share

Companies include, Smith Metals is recognized for its innovative use of high-performance alloys and precision engineering, enhancing component durability and application versatility. Advanced Materials Technologies Pte. Ltd focuses on developing cutting-edge powder formulations and process technologies, pushing the boundaries of MIM applications in sectors like aerospace and medical. CMG Technologies is notable for its advancements in simulation and process optimization, improving production efficiency and part accuracy. Form Technologies Company excels in integrating automation and real-time quality control systems, streamlining manufacturing processes and increasing throughput. CN Innovations Holdings Ltd. stands out for its emphasis on sustainable practices and materials, addressing environmental concerns while meeting the growing demand for complex, high-quality components. Each company’s unique contributions are driving innovation and growth in the MIM market.

Metal Injection Molding Parts Market Companies

Top companies operating in the industry include:

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

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Metal injection molding parts market size was USD 4.12 billion in 2023 and is expected to register 12.2% CAGR from 2024-2032 due to eliminating use of extensive machines and saving cost worldwide.

Metal injection molding (MIM) parts industry from the hydraulic dredgers segment is expected to register 12.2% CAGR from 2024-2032 due to providing value added strength, high density along with corrosion resistance by using steel powders as feedstock in the manufacturing process.

Asia Pacific industry is expected to register 13.1% CAGR from 2024-2032 due to the presence of various emerging economies and growing demand from various end user industries in the region.

Smith Metals, Form Technologies Company, CN Innovations Holdings Ltd., ARC Group Worldwide, Inc., Akron Porcelain & Plastics Co., Kinetics Climax Inc, PSM Industries, and Nippon Piston Ring Co Ltd., are some of the major metal injection molding (MIM) parts companies in Europe.