SAN FRANCISCO, December 13, 2016 /PRNewswire/ --
The global metal injection molding market size is anticipated to reach USD 6.52 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for small components in the automotive, consumer products, and medical equipment industry is projected to propel market demand over the coming years.
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Metal injection molding technique enables the production of a large number of parts which high precision, this has increased the demand for MIM components used in surgical equipment, fire arms, aerospace, telecommunication, and the automotive sector.
The metal injection molding is projected to experience tremendous growth over the forecast period on account of increasing investment in the medical and defense sector. The injection molding technique is preferred by manufacturers as it is cost-effective, requires less production time & finishing, and reduces wastage of raw materials.
Browse full research report with TOC on "Metal Injection Molding (MIM) Market Analysis By End-Use (Automotive, Consumer Product, Medical, Industrial, Defense), By Region (North America, Europe, Asia Pacific, CSA, MEA),Competitive Landscape, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/metal-injection-molding-mim-market
Further Key Findings from the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the metal injection molding market on the basis of application and region:
Read Our Research Insight - http://www.grandviewresearch.com/research-insights/metal-injection-molding-market-insights-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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