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Ceramic Injection Molding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A6121
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Market Overview:
The global ceramic injection molding market size reached US$ 433.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 651.0 Million by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.
Ceramic injection molding (CIM) refers to an advanced manufacturing technology in which custom ceramic parts are fabricated using the injection mold process. It is an economical solution for the production of complex ceramic parts. CIM offers numerous benefits, including wear and corrosion resistance, improved thermal and dimensional stability, high mechanical strength, etc. As a result, it is widely utilized across numerous industries, such as automotive, electronics, consumer goods, etc., to manufacture highly accurate ceramic components.
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Ceramic Injection Molding Market Trends:
The increasing utilization of ceramic injection molding across the electronic and electrical industries on account of its complex designing abilities is primarily driving the growth of the global ceramic injection molding market. In addition to this, the escalating need for strong, durable, and custom-designed ceramic mold castings that can be used for a variety of applications, including endoscopic tools, prosthetic replacements, dental implants, etc., is also augmenting the product demand in the medical sector. CIM aid in modulating the roughness and surface quality of these medical components. Furthermore, advanced CIM-based products are recognized as a lightweight construction material, which makes it suitable for manufacturing automotive parts to improve overall vehicular efficiency and reduce carbon emissions. This, in turn, is acting as another significant growth-inducing factor. Apart from this, the shifting preferences of various product manufacturers from conventional molding procedures toward CIM solutions for developing multi-functional components are further catalyzing the global market. CIM also aids in meeting the high technical standards and aesthetic requirements owing to its several benefits, including repeatability, automation, quick cycle time, and low risk of contamination. Additionally, numerous technological advancements, such as the integration of the Internet of Things (IoT) and information and communication technology (ICT) solutions, to improve manufacturing processes and overall product quality, are expected to drive the global ceramic injection molding market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ceramic injection molding market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on material and industry vertical.
Breakup by Material:
- Alumina
- Zirconia
- Others
Breakup by Industry Vertical:
- Industrial Machinery
- Automotive
- Healthcare
- Electrical and Electronics
- Consumer Goods
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akron Porcelain & Plastics Co., AMT Pte. Ltd., Ceramco Inc., CoorsTek Inc., INDO-MIM Pvt. Ltd., Kläger Spritzguss GmbH & Co. KG, MICRO Manufacturing Solutions For Life, Morgan Advanced Materials, Nishimura Advanced Ceramics Co. Ltd., Ortech Advanced Ceramics and Paul Rauschert GmbH & Co. KG.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Million |
| Segment Coverage | Material, Industry Vertical, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Akron Porcelain & Plastics Co., AMT Pte. Ltd., Ceramco Inc., CoorsTek Inc., INDO-MIM Pvt. Ltd., Kläger Spritzguss GmbH & Co. KG, MICRO Manufacturing Solutions For Life, Morgan Advanced Materials, Nishimura Advanced Ceramics Co. Ltd., Ortech Advanced Ceramics and Paul Rauschert GmbH & Co. KG |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global ceramic injection molding market was valued at US$ 433.8 Million in 2022.
We expect the global ceramic injection molding market to exhibit a CAGR of 7.1% during 2023-2028.
The rising adoption of ceramic injection molding across numerous industries, such as automotive, healthcare, consumer goods, etc., owing to its various benefits, including corrosion resistance, quick cycle time, improved dimensional stability, high mechanical strength, etc., is primarily driving the global ceramic injection molding market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for ceramic injection molding.
Based on the material, the global ceramic injection molding market has been segregated into alumina, zirconia, and others. Among these, alumina currently holds the largest market share.
Based on the industry vertical, the global ceramic injection molding market can be bifurcated into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. Currently, the automotive industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global ceramic injection molding market include Akron Porcelain & Plastics Co., AMT Pte. Ltd., Ceramco Inc., CoorsTek Inc., INDO-MIM Pvt. Ltd., Kläger Spritzguss GmbH & Co. KG, MICRO Manufacturing Solutions For Life, Morgan Advanced Materials, Nishimura Advanced Ceramics Co. Ltd., Ortech Advanced Ceramics, and Paul Rauschert GmbH & Co. KG.
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