Metal Injection Molding Market : New Product Launches, Expansions and Acquisitions
Metal Injection Molding Market is projected to grow from USD 2.58 Billion in 2017 to USD 3.77 Billion by 2022, at a CAGR of 7.83% from 2017 to 2022. The growth of this market is attributed to the increasing demand for metal injection molded parts from electrical & electronics, automotive, medical & orthodontics, industrial, and firearms & defense end-use industries. Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=27071745 Based on material type, the stainless steel segment of the metal injection molding market is projected to grow at the highest CAGR from 2017 to 2022. There is an increasing demand for stainless steel owing to its ability to provide high strength and hardness with moderate corrosion resistance. Stainless steel is widely consumed as a metal injection molding material, resulting in its relatively lower price as compared to other material types. This lowering of cost is expected to further drive the demand for stainless s