Powder injection molding industry is less affected by econom

The powder injection molding industry is considered to be less affected by economic crises compared to other industries. This is because it combines various technologies such as plastic molding, polymer chemistry, metal material science, and Powder Metallurgy. By utilizing injection molding and sintering processes, it can rapidly produce high-density, high-precision, and 3D complex-shaped structural parts. This enables the industry to quickly materialize design ideas into products with specific structural and functional characteristics.

Furthermore, powder injection molding allows for direct mass production, making it a new innovative technology in the manufacturing industry. Currently, China has surpassed Japan in terms of iron powder and copper powder consumption, making it the leading consumer in Asia. The automotive industry remains the main application field for Powder Metallurgy Parts in the future.

From a technical perspective, the development trend in powder metallurgy parts includes achieving high density, using new materials, and improving the efficiency and precision of powder metallurgy equipment. The global scale of powder injection molding is still relatively small, with the industry mainly concentrated in the southern region of China, where it is primarily used in consumer electronics and communications.

However, the industry has benefited from the adoption of metal parts in smartphones, which has led to a steady rise in the Metal Injection Molding industry. In Europe, the main application field is the automotive industry, while in North America, it is primarily used in the medical field. In Asia, the focus is on communication products.

The future development of powder injection molding will mainly focus on materials and design. By leveraging the advantages of PIM, such as improved product design and cost reduction, the industry can expand its application field and further enhance its growth.