Albany, NY -- (SBWIRE) -- 08/05/2016 -- About the Powder Injection Molding (PIM)

The powder injection molding (PIM) technique was invented by Dr. Raymond Wiech in the US in the 1970s. Though the PIM process is a simple concept, it is complex in real-time operations. The use of thermoplastic additives to plasticize powdered raw materials that are subjected to the injection molding process to obtain complex molded parts was a novel method that was initially developed to build ceramic components.

PIM is the most effective technique to manufacture parts as it eliminates expensive machining operations while simultaneously enabling large-scale production of parts that justifies the cost of the mold to a great extent. Metal injection molding also helps in designing complex shapes by combining various features of the multi-part assembly into a single component.

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Technavios analysts forecast the global powder injection molding (PIM) market to grow at a CAGR of 11.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global powder injection molding (PIM) market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of PIM components in major end-user application sectors.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA

Technavio's report, Global Powder Injection Molding (PIM) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
ARBURG
Dynacast International
Indo-US MIM
Philips-Medisize
Zoltrix

Other prominent vendors

Advanced Material Technologies
Atect
CoorsTek
Dou Yee Technologies
Dynamic Group
Ecrimesa
Elnik Systems
Engel Austria
GKN Sinter Metals
Matrix Microfusione
Osram
Praxis Technology
Rauschert
Sembach Technical Ceramics
Silicon Plastic
Sints Precision Technology
Taiwan Powder Technologies
Vibrom

Market driver
Growing use of leading-edge process control and monitoring systems for injection molding
For a full, detailed list, view our report

Market challenge
High cost of tooling
For a full, detailed list, view our report

Market trend
Use of 3D printing with sintering to create complex parts
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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