Product Code: ETC194916 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India metal and ceramic injection molding market is expected to witness significant growth over the forecast period. This can be attributed to the increasing demand for complex parts produced at low cost, which is achievable through this technology. Moreover, the growing usage of ceramic injection molding in automotive, electrical & electronics, healthcare, and consumer goods industries are further contributing to the growth of the market. Additionally, the use of metal & ceramics injection molds is highly efficient as they reduce manufacturing time by eliminating the need for an assembly process and help to achieve a product with precise dimensions and finish. Furthermore, rising disposable income leading to increased consumption of electronic gadgets such as smartphones is likely to drive the market over the forecast period.
The major drivers of growth in India metal and ceramic injection molding market include increasing demand for precision-engineered parts requiring high strength and durability along with low-cost production methods due to rapid industrialization across sectors such as automotive & transportation; consumer durables; healthcare & medical devices etc., growing focus on lightweight solutions that require minimal assembly time resulting in lower costs; government initiatives promoting Make-in-India program coupled with investment incentives; advancements in technology providing better efficiency while reducing lead times associated with traditional processes, etc. Additionally, factors like the availability of a skilled workforce at competitive wages also contribute positively towards this market`s growth potential over the near future.
A few challenges faced by the India M&C injection molding industry include lack of proper infrastructure due to inadequate funding leading to slow progress when compared globally; stringent regulatory norms regarding safety standards along with quality compliances hindering scale-up opportunities; requirement for large capital investments upfront combined with higher tooling costs making it less preferred choice when compared other technologies like die casting; competition from countries offering cheaper labor thereby impacting pricing situation domestically etc.
Some key players operating within India Metal & Ceramic Injection Moulding Market include ABL Techno Pvt Ltd., Nutech Machinery Works Pvt Ltd., WEMPCO Limited, KADAM Industries, RND Engineering Private Limited, Shinplaster Technologies Pvt Ltd.; Precision Cams Inc.; Paramount Die Casting Co.; Accurate Industrial Corporation; Dhanwantri Engineers Private Limited among others.
The metal and ceramic injection molding market in India has been adversely impacted by the Covid-19 pandemic. The manufacturing sector, which relies heavily on imports of raw materials from various countries including China, was affected due to disruption in global supply chain. The government-imposed nationwide lockdown forced many manufacturers to shut their production units resulting in severe shortage of supplies across industry verticals. Moreover, decline in consumer spending and uncertainty about future economic prospects have further aggravated the situation for metal and ceramic injection molding industry participants.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Metal and Ceramic Injection Molding Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Metal and Ceramic Injection Molding Market Revenues & Volume, 2021 & 2031F |
3.3 India Metal and Ceramic Injection Molding Market - Industry Life Cycle |
3.4 India Metal and Ceramic Injection Molding Market - Porter's Five Forces |
3.5 India Metal and Ceramic Injection Molding Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Metal and Ceramic Injection Molding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Metal and Ceramic Injection Molding Market Trends |
6 India Metal and Ceramic Injection Molding Market, By Types |
6.1 India Metal and Ceramic Injection Molding Market, By By Application |
6.1.1 Overview and Analysis |
6.1.2 India Metal and Ceramic Injection Molding Market Revenues & Volume, By By Application, 2021-2031F |
6.1.3 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.4 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Aerospace, 2021-2031F |
6.1.5 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Medical & Heath Care, 2021-2031F |
6.1.6 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.1.7 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Consumer Products, 2021-2031F |
6.1.8 India Metal and Ceramic Injection Molding Market Revenues & Volume, By Others, 2021-2031F |
7 India Metal and Ceramic Injection Molding Market Import-Export Trade Statistics |
7.1 India Metal and Ceramic Injection Molding Market Export to Major Countries |
7.2 India Metal and Ceramic Injection Molding Market Imports from Major Countries |
8 India Metal and Ceramic Injection Molding Market Key Performance Indicators |
9 India Metal and Ceramic Injection Molding Market - Opportunity Assessment |
9.1 India Metal and Ceramic Injection Molding Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Metal and Ceramic Injection Molding Market - Competitive Landscape |
10.1 India Metal and Ceramic Injection Molding Market Revenue Share, By Companies, 2024 |
10.2 India Metal and Ceramic Injection Molding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |