South America Ceramic Injection Molding Market Forecast to 2028
South America Ceramic Injection Molding Market Forecast to 2028 – Regional Analysis – by Type (Alumina, Zirconia, and Others) and Industry Vertical (Industrial Machinery, Automotive, Healthcare, Electrical and Electronics, Consumer Goods, and Others)
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Description
Tremendous Expansion of Healthcare Industry fuel the South America Ceramic Injection Molding Market
The development and growth in the medical and healthcare sectors are escalating the industry demand. Ceramic injection molding is used to manufacture various medical components such as prosthetic replacements, dental implants, endoscopic tools, tweezers, and scissors. Rising dental implant applications in several therapeutic areas, coupled with the escalating demand for prosthetics, are considered to create market opportunities. The increasing number of dental injuries due to sports injuries and road accidents are also regarded as some of the significant factors favoring the demand for dental implants. Furthermore, the high demand for minimally invasive cosmetic surgery across developed and developing regions is projected to propel the market growth. Changing lifestyles and increased beauty consciousness stimulate the demand for cosmetic procedures, which is anticipated to augment cosmetic surgeries’ growth. As per the ‘Plastic Surgery Statistics Report’ published by the American Society of Plastic Surgeons, nearly 15.6 million cosmetic procedures were conducted in 2020. Thus, it is projected that the rapidly expanding healthcare and medical sectors will likely drive the growth of ceramic injection molding market in the coming years.
South America Ceramic Injection Molding Market Overview
The South America ceramic injection molding market is segmented into Brazil, Argentina, and Rest of South America. The ceramic injection molding market in the region is expected to witness a notable growth owing to the presence of well-established automotive industry coupled with rising demand for ceramic items among consumers. The automotive industry in Brazil is growing at a rapid pace. Ceramic injection molded components are widely used in the automobiles in valve components, turbo rotors, swirl chambers, valve seats, radial rotors, among others. Thus, the presence of well-established automotive industry in the region provides strong growth potential to the ceramic injection molding market.
South America Ceramic Injection Molding Market Revenue and Forecast to 2028 (US$ Million)
South America Ceramic Injection Molding Market Segmentation
The South America ceramic injection molding market is segmented based on type, industry vertical, and country. Based on type, the South America ceramic injection molding market is segmented into alumina, zirconia, and others. The alumina segment held the largest market share in 2022.
Based on industry vertical, the South America ceramic injection molding market is segmented into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. The healthcare segment held the largest market share in 2022.
Based on country, the South America ceramic injection molding market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America ceramic injection molding market share in 2022.
MICRO; INMATEC; WITTMANN Technology GmbH; and Morgan Advanced Materials are some leading of the leading players operating in the South America ceramic injection molding market.
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According to the research team research, the South America ceramic injection molding market was valued at US$ 10.79 million in 2022 and is expected to reach US$ 16.53 million by 2028, registering a CAGR of 7.4% from 2022 to 2028. Various advantages offered by ceramic injection molding and high utilization of ceramic injection molding technology across various end-use industries are the critical factors attributed to the South America ceramic injection molding market expansion.
Rising awareness regarding the design flexibility and low-cost delivered by ceramic injection molding are estimated to provide potential market opportunities in the coming years. Various key players such as Indo-MIM and Coorstek, Inc. are providing awareness regarding the cost-efficiency of the technology. Besides, the cost efficiency and complex designing capabilities of ceramic injection molding technology offer a higher economy of scale by eliminating the production steps such as machining and finishing. Ceramic injection molding is an innovative technology that provides economical solutions to produce complicated, repeatable ceramic parts and components. Also, the ceramic injection molding process is a highly flexible process to manufacture products that are considered difficult and expensive to produce using other conventional manufacturing techniques. Ceramic injection molding technology is most advantageous when traditional machining methods are highly expensive or incapable of performing. The technology is ideal for parts with an intricate shape and where high volumes and consistent quality are critical. Using sub-micron ceramic powder, ceramic injection molded products have a high surface finish and ultrafine grain structures – close to theoretical densities. Also, injection molding eradicates the necessity for secondary operations normally required to produce complex geometrical shapes. Thus, the increasing awareness related to the reduced cost of ceramic injection molding is considered to create lucrative opportunities for the market in the coming years. This is expected to drive the South America ceramic injection molding market during the forecast period.
On the contrary, time-consuming production process of ceramic parts hurdles the growth of South America ceramic injection molding market.
Based on type, the South America ceramic injection molding market is categorized into alumina, zirconia, and others. The alumina segment held 57.6% market share in 2022, amassing US$ 6.21 million. It is projected to garner US$ 9.57 million by 2028 to expand at 7.5% CAGR during 2022–2028.
Based on industry vertical, the South America ceramic injection molding market is categorized into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. The healthcare segment held 27.0% share of South America ceramic injection molding market in 2022, amassing US$ 2.91 million. It is projected to garner US$ 4.70 million by 2028 to expand at 8.3% CAGR during 2022–2028.
Based on country, the South America ceramic injection molding market has been categorized into Brazil, Argentina, and the Rest of South America. Our regional analysis states that Brazil captured 56.9% share of South America ceramic injection molding market in 2022. It was assessed at US$ 6.13 million in 2022 and is likely to hit US$ 9.73 million by 2028, exhibiting a CAGR of 8.0% during 2022–2028.
Key players operating in the South America ceramic injection molding market MICRO; INMATEC; WITTMANN Technology GmbH; and Morgan Advanced Materials among others.
In Mar 2023, INMATEC strengthens sales in South America through cooperation with ADDITIVA. In April 2021, MICRO Expands Full-Service Medical Contract Manufacturing Operations with New Costa Rica Facility.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America ceramic injection molding market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South America ceramic injection molding market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America ceramic injection molding market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 South America Ceramic Injection Molding Market, by Type
1.3.2 South America Ceramic Injection Molding Market, by Industry Vertical
1.3.3 South America Ceramic Injection Molding Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South America Ceramic Injection Molding Market Landscape
4.1 Market Overview
4.2.1 South America PEST Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. South America Ceramic Injection Molding Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Various Advantages Offered by Ceramic Injection Molding
5.1.2 High Utilization of Ceramic Injection Molding Technology across Various End-Use Industries
5.2 Market Restraints
5.2.1 Time Consuming Production Process of Ceramic Parts
5.3 Market Opportunities
5.3.1 Increasing Awareness Regarding Design Flexibility and Low-Cost Offered by Ceramic Injection Molding
5.4 Future Trends
5.4.1 Tremendous Expansion of Healthcare Industry
5.5 Impact Analysis of Drivers and Restraints
6. Ceramic Injection Molding– South America Market Analysis
6.1 South America Ceramic Injection Molding Market –Revenue and Forecast to 2028 (US$ Million)
7. South America Ceramic Injection Molding Market Analysis – By Type
7.1 Overview
7.2 South America Ceramic Injection Molding Market, By Type (2021 and 2028)
7.3 Alumina
7.3.1 Overview
7.3.2 Alumina: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Zirconia
7.4.1 Overview
7.4.2 Zirconia: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others:
7.5.1 Overview
7.5.2 Others: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
8. South America Ceramic Injection Molding Market Analysis – By Industrial Vertical
8.1 Overview
8.2 South America Ceramic Injection Molding Market, By Industrial Vertical (2021 and 2028)
8.3 Industrial Machinery
8.3.1 Overview
8.3.2 Industrial Machinery: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Healthcare
8.5.1 Overview
8.5.2 Healthcare: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Electrical and Electronics
8.6.1 Overview
8.6.2 Electrical and Electronics: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Consumer Goods
8.7.1 Overview
8.7.2 Consumer Goods: Ceramic Injection Molding Market– Revenue and Forecast to 2028 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Ceramic Injection Molding Market– Revenue and Forecast to 2028 (US$ Million)
9. South America Ceramic Injection Molding Market – Country Analysis
9.1 South America: Ceramic Injection Molding Market
9.1.1 South America: Ceramic Injection Molding Market, by Key Country
9.1.1.1 Brazil: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Ceramic Injection Molding Market, By Type
9.1.1.1.2 Brazil: Ceramic Injection Molding Market, by Industrial Vertical
9.1.1.2 Argentina: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Ceramic Injection Molding Market, By Type
9.1.1.2.2 Argentina: Ceramic Injection Molding Market, by Industrial Vertical
9.1.1.3 Rest of South America: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of South America: Ceramic Injection Molding Market, By Type
9.1.1.3.2 Rest of South America: Ceramic Injection Molding Market, by Industrial Vertical
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 INMATEC Technologies GmbH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Wittmann Technology GmbH
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 MICRO
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Morgan Advanced Materials
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products And Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About Research Team
12.2 Glossary of Terms
LIST OF TABLES
Table 1. South America Ceramic Injection Molding Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Ceramic Injection Molding Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Ceramic Injection Molding Market, by Industrial Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina Ceramic Injection Molding Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Ceramic Injection Molding Market, by Industrial Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of South America Ceramic Injection Molding Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of South America Ceramic Injection Molding Market, by Industrial Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, South America Ceramic Injection Molding Market
LIST OF FIGURES
Figure 1. South America Ceramic Injection Molding Market Segmentation
Figure 2. South America Ceramic Injection Molding Market Segmentation – By Country
Figure 3. South America Ceramic Injection Molding Market Overview
Figure 4. South America Ceramic Injection Molding Market, By Type
Figure 5. South America Ceramic Injection Molding Market, by Country
Figure 7. South America PEST Analysis
Figure 8. South America Expert Opinion
Figure 9. South America Ceramic Injection Molding Market – Ecosystem Analysis
Figure 10. South America Ceramic Injection Molding Market Impact Analysis of Driver and Restraints
Figure 11. South America Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. South America Ceramic Injection Molding Market Revenue Share, By Type (2021 and 2028)
Figure 13. Alumina: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Zirconia: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. South America Ceramic Injection Molding Market Revenue Share, By Industrial Vertical (2021 and 2028)
Figure 17. Industrial Machinery: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Automotive: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Healthcare: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Electrical and Electronics: South America Ceramic Injection Molding Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Consumer Goods: South America Ceramic Injection Molding Market– Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: South America Ceramic Injection Molding Market– Revenue and Forecast To 2028 (US$ Million)
Figure 23. South America: Ceramic Injection Molding Market, by Key Country – Revenue (2021) (US$ Million)
Figure 24. South America: Ceramic Injection Molding Market Revenue Share, by Key Country (2021 and 2028)
Figure 25. Brazil: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Argentina: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of South America: Ceramic Injection Molding Market – Revenue and Forecast to 2028 (US$ Million)
The List of Companies – South America Ceramic Injection Molding Market
o INDO-MIM
o WITTMANN Technology GmbH
o Carborundum Universal Limited (CUMI)
o Morgan Advanced Materials
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