Press Releases

Global Market for Metal and Ceramic Injection Molding to Reach $5.0 Billion by 2023

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.

Research Highlights

  • The metal injection molding market had major challenges in 2015. The firearms market experienced one of the most significant drops in recent years. This resulted in the MIM market struggling in the firearms application segment.
  • Of the $2.9 billion market, 34.5% of the market ($988 million) is based in Asia. This is up from the $798 million market share that Asia had in the last report on the same topic from BCC Research.
  • An upcoming challenge that might affect the market is interest rate hikes in the United States and potential market slowdown is within the next 5 years. This cycle is very unlikely to have any impact till 2021.

“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.”

Editors/reporters requesting analyst interviews should contact Eric Surber at press@bccresearch.com.

Metal and Ceramic Injection Molding( AVM049E )
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