Metal Injection Molding Powders Market by Player, Region, Type, Application and Sales Channel 2019-2027

Metal Injection Molding Powders Market

Metal injection moulding powders, also known as mechanical injectors, are a type of engineering technology used to create precision, detailed, and web-shaped objects out of metal powder. This method entails high-volume injection of heated polymers, plastics, and other components into moulds to produce well-defined and well-shaped pieces for a given application. The moulds that are passed through the machines produce the pieces at a high rate. As a result, the process must be managed with extreme caution and knowledge.
The metal injection molding powders market is expected to exhibit significant growth over the forecast period, owing to cost-effectiveness of these powders in the manufacturing of high volume complex parts. Moreover, the time required for the manufacturing activities is highly reduced as compared to other techniques such as investment casting. The finishing activities, which are required to be performed on the end products, are also reduced. This helps in saving both time and cost. The growing consumer electronics industry, which involve a filler conductor material is also expected to drive growth of the market. However, growth of the market is expected to be hampered by the deployment of other technologies such as investment casting and die casting among others.

The aerospace and defence end use category is predicted to increase significantly during the projection period. This industry is seen as a key and potentially lucrative market for metal injection moulding powders. However, the sector's particular requirements, along with limited public exposure for successful applications in the aerospace sector, have resulted in poor market penetration. The greatest growth potential for its usage in the aerospace sector would be in its ability to contribute to cost reduction as a result of its near net shape capabilities and better resource efficiency in terms of lower energy consumption and higher material utilisation levels.

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