METAL AND CERAMIC INJECTION MOLDING MARKET ANALYSIS

Metal and Ceramic Injection Molding MarketSize and Trends

The global metal and ceramic injection molding market is estimated to account for US$ 3.97 BN in terms of value by the end of 2022.

Global Metal and Ceramic Injection Molding Market: Key Trends

Due to the rising demand for steel goods, there is a growing trend of employing stainless steel for metal injection molding, which is anticipated to boost market growth. The automobile sector has a great need for stainless steel goods because of their complexity and high strength attributes. This technique may also be used to create intricate and dependable structures like electronic systems, engines, and locking mechanisms. As a result, the market is expanding due to the rising demand for items made of stainless steel.

A significant market trend is the acquisition and merging of big firms. For instance, Boston, Massachusetts-based Artemis Capital Partners purchased Superior Technical Ceramics, a company with headquarters in St. Albans, Vermont, in October 2020.

Global Metal and Ceramic Injection Molding Market: Market Segmentation

Asia Pacific region dominated the global metal and ceramic injection molding market in 2022, accounting for 54.9% share in terms of value, followed by Europe and North America, respectively.

Global Metal and Ceramic Injection Molding Market: By End Users

The others segment dominated the global metal and ceramic injection molding market in 2022, accounting for 31.10% share in terms of value, followed by automotive and industrial machinery segment, respectively

Figure 2. Global Metal and Ceramic Injection Molding Market, Revenue Share (%), By End Users, in 2022

Global Metal and Ceramic Injection Molding Market: Impact of Coronavirus (Covid-19) Pandemic

The ongoing COVID-19 situation is causing a staggered upsurge in business activity in the Global metal and ceramic injection molding markets. Members of the market are putting their contingency plans into action to deal with the unstable demand for products and the limited supply. To maintain the health of economies, market participants are focusing on sectors with little or no negative externalities, such as consumer goods, healthcare, and industrial machinery. Companies are making data-driven decisions to open up new end-use cases for the metal and ceramic injection molding sector during the pandemic in order to generate new income possibilities. In order to maintain company continuity and the wellbeing of employees and laborers, they are adjusting to new industrial practices and instructions that healthcare organizations have released