Hitachi Metals, Ltd., Sandvik AB and Epson Atmix Corporation (a subsidiary of Seiko Epson Corporation) are Dominating the Global Metal Injection Molding (MIM) Market in 2019

Global Metal Injection Molding (MIM) Market is expected to grow with the CAGR of 11.8% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global metal injection molding (MIM) market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global metal injection molding (MIM) market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In May 2019, Indo-MIM and Desktop Metal announced strategic partnership to accelerate metal 3d printing. With this development company is able to produce the innovative solutions which help to increase the revenue.
  • In March 2019, Parmaco Metal Injection Molding AG has collaborated with Injex which is dealing in chemical products. This development helped the company to increase the production capacity and revenue.

Metal Injection Molding (MIM) Market

Hitachi Metals, Ltd.

Hitachi Metals, Ltd. headquartered in Tokyo, Japan which was founded in 1956 as public owner ship. The company is engaged in the manufacturing of advanced metal products and advanced components and materials. The company have business segment such as Specialty Steel Products, Functional Components and Equipment, Magnetic Materials and Applications / Power Electronics Materials, Wires, Cables, and Related Products in which Functional Components and Equipment is our focused category. The company have wide product category including Automotive- Related Products, Infrastructure- Related Products and Electronics- Related Products out of which our focused product category is Infrastructure-Related Products. The company has approximately 29,805 employees (As of 2019).

For instance,

  • In March 2020, Hitachi Metals, Ltd. launched Fe-base Amorphous Metal, MaDC-A product which are mate from the MIM technology. This development helps the company to increase the revenue in near future.

The company has wide global presence across the globe such as Asia-Pacific, Europe and North America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Hitachi Cable (Japan), Waupaca Foundry (U.S.), Hitachi Metals America, Ltd. (U.S.), Hitachi Metals Trading, Ltd. (Japan), and Metglas, Inc. (Japan) among others.

Sandvik AB

Sandvik AB is headquartered in Stockholm, Sweden and it was founded in year 1862 as public ownership. The company is engaged in the manufacturing of various metals through unique material technologies which are used in different industries. The company have business segment such as Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations out of which our focused category is Sandvik Machining Solutions. The company offers wide range of product categories such as Metal-Cutting and Digital Manufacturing Solutions, Mining and Construction Equipment and Tools, Stainless Steels, Special Alloys and Titanium, Additive Manufacturing, Tungsten Powder and Tool Recycling, Furnace Products and Heating Systems under which Metal-Cutting and Digital Manufacturing Solutions is market focused category. The company has approximately 40,235 employees (As of December, 2019).

For instance,

  • In March 2019, Sandvik AB took part in MIM 2020 in Irvine, California (US). This development has helped the company to increase the global presence of the company and revenue.

The company has presence in a Asia-Pacific, Europe, North America, South America and Middle East and Africa with its various subsidiaries such as Sandvik Coromant (Sweden), Sandvik Mining and Construction (U.K.), Dormer Pramet (Sweden), Sandvik Machining Solutions AB (Sweden), Fintec Crushing & Screening Ltd (U.K.) among others.

Epson Atmix Corporation (a subsidiary of Seiko Epson Corporation)

Epson Atmix Corporation (a subsidiary of Seiko Epson Corporation) is headquartered in Aomori, Japan and founded in 1999 as private ownership. The company is engaged in the metal powder, metal injection components and synthetic quartz crystal for metal products. The company has product category which are Metal Powder, Metal Injection Molding and Synthetic Quartz out of which Metal Injection Molding is market focused segment. The company has wide global presence in Japan.

For instance,

  • In May 2019, Epson Atmix Corporation have decided to installed and began production for amorphous alloy powder line in kita-inter plant, in hachinohe, aomori prefecture, Japan. This development helps the company to increase the revenue.