MIM, CIM set to take off
Following news that the Japanese expect MIM turnover to soar in the next few years (Metal Powder Report, October 2008; News), there are indications from the US that there, too, analysts have been assessing the metal and ceramic injection moulding (MIM and CIM) businesses with an eye to profitability.
They have concluded that MIM and CIM will reach a value of almost $1.4 billion in 2009, before almost doubling to $2.7 billion by 2014.
In Metal and Ceramic Injection Moulding, a report from BCC Research, MIM is estimated to be worth $984.9 million in 2009, increasing to $1.9 billion in 2014 for a compound annual growth rate (CAGR) of 11.6%
Asia holds the largest segment of the market, estimated to be worth $460.8 million in 2009 and $959 million in 2014. Europe can expect to be worth $279.7 million in 2009 and $484 million in 2009, while North America, with the third largest share in the MIM market, is calculated to be worth $231 million in 2009 and 424 million in 2014.
According to the report, the CIM market will generate $394.5 million in 2009, growing to $801 million in 2014 for a CAGR of 15.2%
North America is to capture the largest share in the market with an expected value of $276.5 million in 2009 and $512.6 million in 2014 for a CAGR of 13.1%
The European segment is expected to follow with a value of $75.1 million in 2009, increasing to $152.2 million in 2014. The third largest market MIM segment is Asia, with an estimated worth of $39.5 million in 2009, slated to reach $120.2 million in 2014.



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