PUBLISHER: The Business Research Company | PRODUCT CODE: 1932779
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932779
Metal injection molding (MIM) is a metal fabrication process used for the production of small, intricate, customized metal parts with high precision and consistency. This method combines the advantages of plastic injection molding with the strength and durability of metal materials.
The primary types of materials used in metal injection molding include stainless steel, low-alloy steel, soft magnetic materials, and others. Stainless steel, an iron alloy resistant to corrosion and rust, is frequently employed in metal injection molding (MIM) due to its high strength, corrosion resistance, and aesthetic appeal. The process utilizes various machines, including hydraulic, electric, and hybrid types, catering to end-users in industries such as electrical and electronics, automotive, consumer goods, industrial applications, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have created notable cost pressures in the metal injection molding market by increasing prices of imported metal powders, specialty alloys, and molding machinery used in precision manufacturing. These impacts are most visible across automotive, electrical and electronics, and industrial segments, particularly in regions such as asia-pacific and europe where cross-border sourcing is common. Elevated tariffs have led to longer lead times and margin pressure for manufacturers dependent on imported feedstock. However, tariffs have also encouraged localization of powder production, regional supply chain development, and investments in domestic mim manufacturing capabilities, supporting long-term market resilience.
The metal injection molding market research report is one of a series of new reports from The Business Research Company that provides metal injection molding market statistics, including metal injection molding industry global market size, regional shares, competitors with a metal injection molding market share, detailed metal injection molding market segments, market trends and opportunities, and any further data you may need to thrive in the metal injection molding industry. This metal injection molding market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The metal injection molding market size has grown strongly in recent years. It will grow from $4.71 billion in 2025 to $5.14 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to growth in automotive component miniaturization, demand for complex small metal parts, replacement of traditional machining processes, expansion of consumer electronics manufacturing, adoption of powder metallurgy techniques.
The metal injection molding market size is expected to see strong growth in the next few years. It will grow to $7.46 billion in 2030 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to electric vehicle component demand, lightweight and high-strength material adoption, increasing automation in manufacturing, growth of medical and precision devices, rising need for scalable mass production. Major trends in the forecast period include miniaturization of complex metal components, growing adoption of mim for high-volume precision parts, increasing use of stainless steel and soft magnetic materials, rising demand for near-net-shape manufacturing, focus on cost-efficient mass production.
Rising demand from the automotive industry is expected to drive the growth of the metal injection molding market going forward. The automotive industry includes businesses involved in the manufacturing, distribution, retail, and maintenance of automobiles. Metal injection molded parts are widely used in automotive applications such as engines, gearboxes, turbochargers, locking mechanisms, steering systems, and electrical components. For example, in February 2024, the Institute of Chartered Accountants in England and Wales, a UK-based professional and regulatory body for chartered accountants, reported that global motor vehicle sales, a key segment of the automotive industry, reached approximately 95 million units in 2024, up from 92.8 million units in 2023. Therefore, rising demand from the automotive sector is boosting the growth of the metal injection molding market.
Major companies in the metal injection molding market are focusing on developing advanced technologies, such as injection molding, which enables the production of highly complex near-net-shape metal components with micro-scale precision and tight dimensional tolerances, while supporting high-volume, repeatable manufacturing and minimizing post-processing requirements. Injection molding is a manufacturing process in which material is injected into a mold under high pressure, widely used to produce precise and consistent metal or other material components. For instance, in November 2024, Biomerics, a US-based medical device contract manufacturer, launched a vertically integrated Metal Injection Molding (MIM) service and established a dedicated MIM Center of Excellence. This service supports the production of high-precision, complex micro-metal components with near-net-shape accuracy, tight tolerances, and minimal post-processing.
In June 2023, Indo MIM Limited, an India-based metal injection molding and precision manufacturing company, acquired CMG Technologies for an undisclosed amount. Through this acquisition, Indo MIM aims to expand its global presence in the MIM market, particularly in Europe, by integrating CMG Technologies' advanced MIM capabilities, which enable the production of complex, high-precision metal components. This strengthens Indo MIM's ability to serve global customers with sophisticated metal parts. CMG Technologies is a UK-based company specializing in metal injection molding for high-performance and precision applications.
Major companies operating in the metal injection molding market are Indo-MIM Private Limited, CMG Technologies Ltd., GKN Ltd., Smith Metal Products, ASH Industries Inc., Rockleigh Industries Inc., Schunk Sintermetalltechnik GmbH, Sandvik AB, Tekna Manufacturing Private Limited, PSM Industries Inc., Advanced Powder Products Inc., Alpha Precision Group, Epson Atmix Corporation, Hitachi Metals Ltd., Shanghai FUTURE HIGH-TECH Co. Ltd., Advanced Forming Technology, Parmatech Corporation, WTM SOLUTIONS, Kinetics Climax Inc., FloMet LLC, Advanced Technology & Materials Co. Ltd., NBTM New Materials Group, Jiangsu Gian Technology Co. Ltd., Shenzhen Zhucheng Science & Technology Co. Ltd., MDM Metal Industrial Co. Ltd.
Asia-Pacific was the largest region in the metal injection molding market in 2025. The regions covered in the metal injection molding market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the metal injection molding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The metal injection molding market includes revenues earned by entities by providing mixing, de-binding, sintering, injection molding, and part finishing services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Metal Injection Molding Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses metal injection molding market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for metal injection molding ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The metal injection molding market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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