According to our (Global Info Research) latest study, the global Industrial MIM Part market size was valued at US$ 583 million in 2024 and is forecast to a readjusted size of USD 970 million by 2031 with a CAGR of 7.7% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Industrial MIM Parts are high-precision metal components manufactured using Metal Injection Molding (MIM) technology, specifically designed for use in a wide array of industrial applications. These components are typically small to medium in size and feature intricate geometries that are difficult to achieve through traditional metalworking methods such as machining, casting, or forging. MIM is a sophisticated manufacturing process that merges the material versatility of powder metallurgy with the design flexibility of plastic injection molding, enabling the cost-effective production of complex metal parts in large volumes. In industrial settings, MIM parts are utilized across diverse sectors, including automation, energy, robotics, power tools, construction equipment, machinery, and instrumentation.
The MIM process begins with a carefully formulated feedstock composed of fine metal powders (such as stainless steel, low alloy steel, titanium, or special alloys) mixed with a thermoplastic binder. This feedstock is injection molded into a tool cavity to form the desired shape, referred to as a "green part." The green part then undergoes a debinding process to remove the binder, followed by sintering at high temperatures to densify the part and achieve near-full density—often exceeding 95% of wrought metal. The end product is a component with excellent mechanical strength, corrosion resistance, and dimensional precision, often requiring little or no secondary finishing.
In the industrial sector, MIM parts are chosen for their ability to meet demanding functional and structural requirements while also reducing overall production costs. Applications range from fasteners, clamps, and brackets to gears, drive shafts, locking mechanisms, levers, cams, and housings. These parts often operate in harsh environments where they must withstand mechanical stress, chemical exposure, and temperature variations. MIM offers the advantage of producing such components with a high degree of uniformity and repeatability, which is essential in automated and high-performance industrial systems.
From a market perspective, the demand for Industrial MIM Parts is on a consistent upward trajectory, driven by increasing automation, the spread of smart manufacturing, and the growing need for miniaturization and material efficiency. As industries shift toward more compact, efficient, and intelligent systems, the use of small, high-precision metal components becomes increasingly essential. MIM technology addresses this demand by enabling complex part geometries to be produced in high volumes with minimal material waste and excellent surface finishes.
The Asia-Pacific region is the largest and fastest-growing market for industrial MIM parts, owing to its robust manufacturing base, particularly in China, Japan, South Korea, and Taiwan. These countries have made significant investments in industrial automation, consumer product manufacturing, and machinery, all of which heavily rely on high-quality components. Europe and North America also represent important markets, especially for high-precision industrial equipment, medical devices, and energy systems. In these regions, the focus is often on advanced materials, innovation, and meeting stringent regulatory and performance standards.
Technological advancements in MIM are further accelerating market growth. Improvements in feedstock formulation, sintering technologies, and computer-aided engineering have enhanced the capability of MIM to meet even tighter tolerances and more demanding application criteria. Additionally, hybrid manufacturing solutions—such as combining MIM with additive manufacturing or CNC machining—are emerging, offering manufacturers greater flexibility and customization options.
Sustainability is also becoming a significant factor in industrial manufacturing, and MIM aligns well with environmental goals. The process produces less waste compared to subtractive methods and often requires fewer post-processing steps, reducing energy consumption and emissions. Moreover, the ability to use recycled metal powders in some MIM applications adds to its eco-friendly appeal.
This report is a detailed and comprehensive analysis for global Industrial MIM Part market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Industrial MIM Part market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Industrial MIM Part market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Industrial MIM Part market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Industrial MIM Part market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial MIM Part
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial MIM Part market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Indo-Mim, OptiMIM, ARC Group, Ecrimesa Group, Smith Metal Products, Netshape Technologies (MPP), Uneec, Sintex, CMG Technologies, Future High-Tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Industrial MIM Part market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Stainless Steel
Copper Alloy
Others
Market segment by Application
Drill
Blade
Nozzle
Spiral Milling Cutter
Pneumatic Tool
Others
Major players covered
Indo-Mim
OptiMIM
ARC Group
Ecrimesa Group
Smith Metal Products
Netshape Technologies (MPP)
Uneec
Sintex
CMG Technologies
Future High-Tech
ATW Companies
Nippon Piston Ring
Tanfel
Schunk
Amphenol Corporation
CN Innovations
Shin Zu Shing
GIAN
Parmaco Metal Injection Molding AG
Dou Yee Technologies
Union Precision Technologies Group
Nbtm New Materials Group
KERSEN
Shenzhen Evenwin Precision Technology
Freewon China
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial MIM Part product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial MIM Part, with price, sales quantity, revenue, and global market share of Industrial MIM Part from 2020 to 2025.
Chapter 3, the Industrial MIM Part competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial MIM Part breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Industrial MIM Part market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial MIM Part.
Chapter 14 and 15, to describe Industrial MIM Part sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial MIM Part. Industry analysis & Market Report on Industrial MIM Part is a syndicated market report, published as Global Industrial MIM Part Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Industrial MIM Part market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.