Metal Injection Molding Market Projected to Surpass US$ 6.41 by 2022 | CAGR of 10.70%
IMARC Group’s latest research report, titled “ Metal Injection Molding Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027 ,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global metal injection molding market size reached a value of US$ 3.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.41 Billion by 2027 , exhibiting a CAGR of 10.70% during 2022-2027 . Metal injection molding assists in imparting a desired shape to molten metals. The binder and metal powder are added to the injection molding machine that injects the feed into the mold to attain the desired shape. This process is usually defined by high design flexibility and fast cycle times. It has replaced the traditional technology owing to the call for high-volume metal parts for automotive and military application