The Global Market for Metal Injection Molding is Projected to Reach US$6.4 Billion by 2024
Increasing Adoption of Near Net-Shape Manufacturing Techniques Drives Growth in the Global Metal and Ceramic Injection Molding Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Metal and Ceramic Injection Molding market. The global market for Metal Injection Molding is projected to reach US$6.4 billion by 2024 , driven by growing move towards near net-shape fabrication and green technologies in industrial manufacturing processes. Powder Injection Molding (PIM), comprising Metal Injection Molding (MIM) and Ceramic Injection Molding (CIM) techniques, is an innovative near net-shape (NNS) manufacturing process used in the manufacture of high volume, high precision, and complex components. Key benefits with MIM and CIM include ability to process intricate geometries, high-volume production, and cost efficiency. Growth in the ma...