According to a new report published by Allied Market Research, titled,”Ceramic Injection Molding Market: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global ceramic injection molding market size was $375.0 million in 2018 and is projected to reach $746.2 million in 2026, growing at a CAGR of 8.8%. The alumina segment accounted for over two-fifths of the market share in 2018 and is expected to witness significant growth during the global ceramic injection molding market forecast period.
๐๐๐ฉ ๐๐ฃ๐จ๐๐๐ ๐๐๐ค๐ค๐ฅ ๐ค๐ ๐ฉ๐๐ ๐ง๐๐ฅ๐ค๐ง๐ฉ, ๐ง๐๐ฆ๐ช๐๐จ๐ฉ ๐๐ค๐ง ๐จ๐๐ข๐ฅ๐ก๐: https://www.alliedmarketresearch.com/request-sample/3919
Ceramic injection molding is a process of manufacturing components by injecting a slurry or powder of ceramic material into a metal or plastic mold. It is a cost-efficient and precise process that is used to produce high-precision components with complex shapes. Ceramic injection molding is used in the production of components for various industrial applications such as automotive, electrical and electronics, aerospace, and medical.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ถ๐๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐
The automotive industry is the major consumer of ceramic injection molding for the production of components such as switches, relays, connectors, and fuel injection components. The growing demand for fuel efficient and light weight vehicles has increased the demand for ceramic injection molded components.
The electrical and electronics industry is also a major consumer of ceramic injection molding for the production of connectors and switches for consumer electronics products. The aerospace industry is also expected to show significant growth in the demand for ceramic injection molded components. Furthermore, the medical industry is increasingly using ceramic injection molding for the production of implants and surgical instruments.
๐๐๐ ๐ ๐ ๐๐ช๐ง๐๐๐๐จ๐ ๐๐ฃ๐ฆ๐ช๐๐ง๐ฎ: – https://www.alliedmarketresearch.com/purchase-enquiry/3919
The market is also driven by the increasing demand for miniaturization of components, advancements in technology, and the increasing need for lightweight components. The growing demand for ceramic injection molded components in the automotive and aerospace industries is also driving the market. The increasing demand for lightweight and durable components is also creating a favorable environment for the ceramic injection molding market.
However, the high cost of ceramic injection molding is restraining the growth of the market. Additionally, growing environmental concerns and stringent regulations are also restraining the growth of the market.
The ceramic injection molding market is segmented on the basis of material, application, and region. On the basis of material, the market is segmented into zirconia, aluminum oxide, silicon nitride, and others. On the basis of application, the market is segmented into automotive, electrical and electronics, aerospace, and medical.
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On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is expected to dominate the market due to the presence of major players in the region and the presence of major automotive and aerospace companies. Europe is expected to be the second-largest market due to the increasing demand for lightweight and fuel-efficient vehicles.
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Key players in the global ceramic injection molding market adopted product launch, acquisition, and expansion as their key strategies to meet the change in consumer demands. The key players profiled in this report include ARBURG GmbH + Co KG, Klรคger Spritzguss GmbH & Co. KG, CoorsTek, Inc., Ortech Advanced Ceramics, Indo-MIM, MICRO, Morgan Advanced Materials plc, Nishimura Advanced Ceramics, OECHSLER AG, and Paul Rauschert GmbH & Co. KG.
๐๐ค ๐๐ช๐ง๐๐๐๐จ๐ ๐ฉ๐๐๐จ ๐๐ง๐๐ข๐๐ช๐ข ๐๐๐ฅ๐ค๐ง๐ฉ: – https://www.alliedmarketresearch.com/checkout-final/5fe67d6791fc4b7629ae326ae3616f8b
๐๐ป๐ฎ๐น๐๐๐ ๐ฅ๐ฒ๐๐ถ๐ฒ๐
In conclusion, the global ceramic injection molding market is expected to show significant growth during the forecast period due to increasing demand from the automotive, electrical and electronics, aerospace, and medical industries. The increasing demand for lightweight and fuel-efficient components is driving the market. The high cost of ceramic injection molding is restraining the growth of the market.