DUBLIN--(BUSINESS WIRE)--The "Global Ceramic Injection Molding Market: Analysis By Type (Alumina, Zirconia & Others), By Industry Vertical, By Region Size & Forecast and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.
The global ceramic injection molding market in 2022 was valued at US$410.25 million and is expected to reach US$651.74 million by 2028. Polypropylene Injection Molding
The global ceramic injection molding market has witnessed remarkable growth in terms of volume. Manufacturers are leveraging CIM's flexibility to meet specific client requirements, creating tailored ceramic solutions for a wide range of industries, from aerospace to consumer goods. The development of new ceramic materials with enhanced properties, such as higher strength and enhanced electrical conductivity, is also opening doors to novel applications, further propelling market growth.
The continued integration of 3D printing technology with ceramic injection molding is yet another trend, allowing for even more intricate and complex designs. With these trends and ongoing innovations, the ceramic injection molding market is poised for sustained expansion and diversification in the coming years. The market is projected to grow at a CAGR of 8.02%, during the forecast period of 2023-2028
Key Market Trends and Dynamics:
Competitive Landscape and Recent Developments:
The global CIM market features strong competition among key players, including:
Prominent players are adopting strategies such as expansion, mergers & acquisitions, and partnerships to strengthen their market presence in various regions. Companies in the industry continuously invest in research and development to improve their production processes, enhance product quality, and develop new applications. For instance, CoorsTek, headquartered in the US, inaugurated a state-of-the-art research and development facility for technical ceramics in Uden, the Netherlands. This center's primary focus is advancing the development of technological ceramics to enhance support for clients in Europe.
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