The global Metal and Ceramic Injection Molding Market is valued at USD 3.1 Billion in 2021 and is projected to reach a value of USD 4.9 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 8.2% over the forecast period 2022-2028.
Metal and Ceramic Injection Molding market growth over the forecast period. Metal and Ceramic Injection Molding are frequently utilized when creating goods with enormous strength, superior surface finishes, and intricate geometries. The market is anticipated to develop during the projected period due to the rising demand for percutaneous cosmetic procedures among the world’s population.
Metal and Ceramic Injection Molding market will account for more than 20% of total sales by 2028. Increased revenue for Metal and Ceramic Injection Molding has been seen across various companies due to the simple and inexpensive abundance of factory inputs and government incentives policies promoting the region as a manufacturing hub.
Machine operators and product designers now have more flexibility when using ceramics as a substitute material because of its high productivity, cheap manufacturing costs, and increased product performance. When customers need to replace plastic or metal components that don’t work properly, ceramic injection molding (CIM) is an excellent solution.
Read more: Metal and Ceramic Injection Molding Market Size & Share to Surpass $4.9 Billion by 2028