End-user (Automotive, Packaging, Consumer Goods, Electronics, Healthcare)
The global metal and ceramic injection molding market is segmented and analyzed for demand and supply by end users into automotive, packaging, consumer goods, electronics, and healthcare. Out of these segments, the healthcare segment is estimated to gain the largest market share by the year 2036. The growth of the segment can be attributed to the existence of a huge patient pool that requires treatment in hospital facilities and the higher utilization of metal and ceramic injection molding in the manufacturing of sensors, implants & dental equipment, tubes, micro-optics, and others. Higher demand for dental implants can be observed across the globe. For instance, it was estimated that around 32 million Americans are in the need of implants since they lack at least one tooth. Moreover, rising healthcare expenditure per capita on healthcare is also estimated to add to the growth of this segment in the market. As per The World Bank, the current health expenditure of the year 2019, accounted for 9.83% of the global GDP.
Product Type (Plastic, Rubber, Metal, Ceramic);
The global metal and ceramic injection molding market is also segmented and analyzed for demand and supply by product type into plastic, rubber, metal, and ceramic. Amongst these four segments, the metal segment is expected to garner a significant share in the year 2036. Metal injection molding machine is used to make complex and simple parts that contain tight tolerances. Metal injection molding has 4 processing steps that are compounding, molding, de-binding, and sintering. In this process, many types of alloys are used such as copper, titanium, nickel, tungsten, and cobalt alloys along with high-speed and stainless steel.
Our in-depth analysis of the global market includes the following segments:
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By End User |
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Author Credits: Rajrani Baghel
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