Asia-Pacific Powder Injection Molding (PIM) Market Overview
Powder injection molding is a technique of molding ceramics or metals to improve their physical, chemical, mechanical and electrical properties. This process is used extensively in manufacturing complex parts of a machine. Asia-Pacific powder injection molding market is expected to register healthy growth during the forecast period, owing to technological advancements, in addition to increasing demand for miniaturized complex components for use as high-performance materials and rising demand for metal injection molding (MIM) from automotive industry.
Asia-Pacific Powder Injection Molding (PIM) Market Segmentation
Powder injection molding market in Asia-Pacific has been categorized into raw material, technology, application and countries. Based on raw material, the market has been segmented into cobalt alloys, titanium alloys, tungsten alloys and others. Based on technology, the market has been categorized into metal injection molding (MIM) and ceramics injection molding (CIM). The powder injection molding technology application depends on the raw material type and its strength. Notably, ceramic injection molding is used in the manufacturing of electronic components such as chargers. In terms of application, the region’s powder injection molding market has been segmented into aerospace, automotive, electrical & electronics and others.
Asia-Pacific Powder Injection Molding (PIM) Regional Segmentation
Asia-Pacific powder injection molding market has been segmented into China, India, Malaysia, Singapore, Vietnam and Australia. Among these countries, China is anticipated to dominate the region’s powder injection molding market, while India is expected to register the fastest growth in coming years, owing to booming automotive industry.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020-2024
Objective of the Study
- To analyze and forecast Asia-Pacific powder injection molding (PIM) market size.
- To forecast Asia-Pacific powder injection molding (PIM) market based on raw material, technology, application and regional distribution.
- To identify drivers and challenges for Asia-Pacific powder injection molding (PIM) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Asia-Pacific powder injection molding (PIM) market.
- To conduct the pricing analysis for powder injection molding (PIM) market.
- To identify and analyze the profile of leading players operating in Asia-Pacific powder injection molding (PIM) market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the product offerings, distribution channels and presence of all major players operating in Asia-Pacific
Market insights research calculated Asia-Pacific
Key Target Audience
- Powder Injection Molding (PIM) manufacturers and suppliers
- Government bodies such as regulating authorities and policymakers
- Market research and consulting firms
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The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.