November 26, 2018
WELLESLEY, Mass., Nov.26, 2018 – In an updated report from BCC Research, the outlook for the global market for metal and ceramic injection modeling is thoroughly examined, with an emphasis on drivers and challenges.
In 2018, the global market for metal and ceramic injection molding was worth $2.9 billion. BCC Research estimates that it will reach a value of $5.0 billion by 2023, indicating a compound annual growth rate (CAGR) of 11.0%, according to the recent report Metal and Ceramic Injection Molding.
The report will be highly useful for professionals in the financial marketplace such as private equity companies, investment managers, owners and C-level executives in companies, as well as venture capitalists considering investment in the MIM and CIM market.
“BCC Research is increasing the growth projections for the MIM and CIM market from our last report, when we projected annual growth at 7.6%,” said report author Vijay Subramanian. “We are increasing this back to double digits for the next 5 years, as all application markets are expecting good growth in the next few years. The global GDP growth rates have also improved since our last report. Europe has stabilized, the U.S. is starting to see inflation and the Asian markets, especially India, project very strong GDP growth rates over the next few years.”
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Metal and Ceramic Injection Molding( AVM049E )
Publish Date: Nov 2018
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