According to our (Global Info Research) latest study, the global Metal Injection Molding Parts (MIM Parts) market size was valued at US$ 4533 million in 2024 and is forecast to a readjusted size of USD 9010 million by 2031 with a CAGR of 10.4% 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.
Metal Injection Molding Parts (MIM Parts) is an advanced manufacturing process that combines the versatility of plastic injection molding with the strength and integrity of metal to produce complex, high-performance metal parts. The process involves mixing fine metal powders with a thermoplastic binder to form a feedstock that can be injected into molds in the same way as plastic. After molding, the binder is removed through a process called debinding, and the part is then sintered at high temperatures to densify the metal structure. The result is a net-shape or near-net-shape component with mechanical properties comparable to wrought metal.
MIM is particularly suitable for producing small, intricate components that would be costly or impractical to make through traditional metalworking methods such as machining, casting, or forging. It offers advantages like high precision, excellent surface finish, and the ability to produce complex geometries in high volumes with minimal material waste. Typical materials used in MIM Parts include stainless steels, tool steels, titanium alloys, cobalt-chromium, and various specialty metals. Due to these benefits, MIM Parts is widely used in industries such as medical devices, automotive, aerospace, consumer electronics, defense, and industrial tools.
The advantages of the metal injection molding process lie in its capability to produce mechanical properties nearly equivalent to wrought materials, while being a net-shape process technology with good dimensional tolerance control. Metal injection molded parts offer a nearly unlimited shape and geometric-feature capability, with high production rates possible through the use of multi-cavity tooling.
Geographically, Asia-Pacific is the dominant region in the MIM Parts market, with China, Japan, and South Korea leading in terms of manufacturing capabilities and volume production. North America and Europe also maintain significant market shares, particularly in high-value sectors like medical, aerospace, and defense. The proliferation of additive manufacturing (3D printing) technologies has sparked debate over competition with MIM; however, MIM remains more cost-effective for mass production of small, precision components. Innovations such as micro-MIM and the integration of titanium and ceramic MIM are expanding the scope of applications and pushing the boundaries of the technology.
Global top manufacturers of MIM Parts include Indo-Mim, OptiMIM (Form Technologies), ARC Group, Ecrimesa Group, Smith Metal Products, Netshape Technologies (MPP) and Uneec, etc. Indo-Mim, as the largest player, makes up about 5%. China is the largest producer of metal powder injection molding, with a production market share over 50%. And China also holds the highest revenue market share over 40%. Major product types of MIM Parts include stainless steel, iron powder, magnetic alloys and copper, etc. Stainless steel is the largest segment, with a share nearly 60%. MIM Parts is widely used in electronic, automotive, industrial components, medical & dental and firearms, etc. Its downstream markets are numerous and developing rapidly. Therefore, it is predicted that the industry outlook will be stable and positive.
This report is a detailed and comprehensive analysis for global Metal Injection Molding Parts (MIM Parts) 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 Metal Injection Molding Parts (MIM Parts) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Metal Injection Molding Parts (MIM Parts) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Metal Injection Molding Parts (MIM Parts) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2020-2031
Global Metal Injection Molding Parts (MIM Parts) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Kg), 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 Metal Injection Molding Parts (MIM Parts)
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 Metal Injection Molding Parts (MIM Parts) 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
Metal Injection Molding Parts (MIM Parts) 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
Steel
Magnetic Alloys
Copper
Others Alloys
Market segment by Application
Electronic
Automotive
Industrial Components
Medical & Dental
Firearms
Consumer Products
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
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 Metal Injection Molding Parts (MIM Parts) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Metal Injection Molding Parts (MIM Parts), with price, sales quantity, revenue, and global market share of Metal Injection Molding Parts (MIM Parts) from 2020 to 2025.
Chapter 3, the Metal Injection Molding Parts (MIM Parts) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Metal Injection Molding Parts (MIM Parts) 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 Metal Injection Molding Parts (MIM Parts) 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 Metal Injection Molding Parts (MIM Parts).
Chapter 14 and 15, to describe Metal Injection Molding Parts (MIM Parts) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Metal Injection Molding Parts (MIM Parts). Industry analysis & Market Report on Metal Injection Molding Parts (MIM Parts) is a syndicated market report, published as Global Metal Injection Molding Parts (MIM Parts) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Metal Injection Molding Parts (MIM Parts) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.