14 Dec '12, 10am

Growing Future for Metal Injection Molding

Growing Future for Metal Injection Molding

Metal injection molding (MIM) is experiencing a worldwide boom , with an estimated market worldwide of more than $1 billion per year, and compound annual growth rates estimated to be as high as 20 percent. This booming demand for MIM is primarily attributed to the technology's significant cost savings compared to the use of machining or electrical discharge machining. Growth drivers, especially those resulting from medical and firearms industry trends, means that strong MIM technical players are in a good position to bring significant value to customers. MIM technology is used to form a near net-shape metal part by consolidating metal powder in a special sintering process. The lack of raw material waste, as well as reduced cycle times, can reduce costs by more than 50 percent. While the technology suffered from a shaky technology de-bugging period between its launch in 197...

Full article: http://www.designnews.com/author.asp?section_id=1365&doc_...

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