Please Wait.....
Report
India Metal Injection Molding Market, By Material Type (Stainless Steel, Low Alloy Steel, Soft Magnetic Material), By End User (Automotive, Medical & Healthcare, Electrical & Electronics, Others), By Region, Competition, Forecast & Opportunities, 2021-2031F
Market Report I 2025-05-16 I 86 Pages I TechSci Research
Market Overview
The India Metal Injection Molding (MIM) Market was valued at USD 210 million in 2025 and is projected to reach USD 319 million by 2031, expanding at a CAGR of 7.07% during the forecast period. MIM is a precision manufacturing process that merges the design versatility of plastic injection molding with the durability and strength of metal. It is particularly suited for producing small, intricate metal components in large volumes with exceptional accuracy. The process begins with a mixture of fine metal powders and a plastic-wax binder, which is injected into molds. These molded "green parts" undergo debinding to remove binders, followed by high-temperature sintering, resulting in dense metal parts that closely replicate the mold's fine details. Achieving up to 99% density of wrought metal, MIM offers cost-effectiveness, material efficiency, and high output rates. This makes it an optimal solution for producing complex components used in medical devices, automotive assemblies, electronics, and aerospace applications.
Key Market Drivers
Growing Demand from the Automotive Sector
A key growth driver for India's MIM market is the expanding automotive industry, which increasingly demands lightweight, precision-engineered components. MIM is highly advantageous for manufacturing intricate parts such as gears, fuel injection components, housings, and turbocharger elements essential to modern vehicles. The Indian government's initiatives like "Make in India" and Production Linked Incentive (PLI) schemes have spurred domestic automotive manufacturing, boosting the need for advanced component technologies like MIM. The rising production of electric vehicles (EVs) has further accelerated demand for compact, precision components that MIM can efficiently produce. Global OEMs are also outsourcing more production to India, providing local MIM manufacturers an opportunity to integrate into international supply chains. Increased R&D activity has improved MIM materials and techniques in India, enhancing performance and reducing costs. As automotive players focus on lightweighting and energy efficiency, MIM's role in supporting high-performance vehicle components is set to increase, further anchoring its relevance in the sector.
Key Market Challenges
High Initial Capital Investment and Limited Infrastructure
One of the major hurdles for the MIM market in India is the high initial investment required to establish manufacturing facilities. MIM involves complex processes that need specialized machinery for feedstock preparation, precision molding, debinding, and sintering, along with advanced quality control systems. These infrastructure requirements lead to high capital expenditure, which acts as a barrier for small and medium enterprises. Moreover, the domestic supply of essential MIM raw materials like ultra-fine metal powders and binders remains limited, making manufacturers reliant on imports. This dependency results in higher production costs and longer lead times. Compared to countries with established MIM ecosystems, such as China and Germany, India lacks adequate industrial clusters, innovation hubs, and academic-industry linkages to support MIM growth at scale. Addressing these infrastructure gaps through government support, financing schemes, and strategic partnerships will be essential for the widespread adoption and expansion of MIM technology in India.
Key Market Trends
Rising Adoption in the Consumer Electronics Sector
A growing trend in India's MIM market is the increasing use of the technology in consumer electronics manufacturing. As smartphones, wearables, tablets, and laptops become more compact and advanced, manufacturers require miniaturized metal parts with precise dimensions and superior finishes. MIM is uniquely suited for producing such components, including housings, brackets, and connectors. India's rise as a consumer electronics production hub-supported by initiatives like "Digital India" and "Make in India"-has driven strong demand for these parts. Additionally, consumer preference for sleek, lightweight, and durable devices is pushing manufacturers to adopt MIM to enhance product aesthetics and functionality. The ability of MIM to consolidate multiple functions into a single, efficiently produced part makes it ideal for modern electronic device manufacturing. As the sector continues to expand, MIM is expected to play an increasingly important role in supporting innovation and precision in electronics.
Key Market Players
- ARC Group Worldwide
- Dynacast International
- Phillips-Medisize
- NetShape Technologies
- Smith Metal Products
- Dean Group International
- CMG Technologies
- Sintex A/S
Report Scope:
In this report, the India Metal Injection Molding Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- India Metal Injection Molding Market, By Material Type:
o Stainless Steel
o Low Alloy Steel
o Soft Magnetic Material
- India Metal Injection Molding Market, By End User:
o Automotive
o Medical & Healthcare
o Electrical & Electronics
o Others
- India Metal Injection Molding Market, By Region:
o South India
o North India
o West India
o East India
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Metal Injection Molding Market.
Available Customizations:
India Metal Injection Molding Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1. Data Triangulation & Validation
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. India Metal Injection Molding Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Material Type (Stainless Steel, Low Alloy Steel, Soft Magnetic Material)
5.2.2. By End User (Automotive, Medical & Healthcare, Electrical & Electronics, Others),
5.2.3. By Region (South India, North India, West India, East India)
5.2.4. By Company (2025)
5.3. Market Map
6. South India Metal Injection Molding Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Material Type
6.2.2. By End User
7. North India Metal Injection Molding Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Material Type
7.2.2. By End User
8. West India Metal Injection Molding Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Material Type
8.2.2. By End User
9. East India Metal Injection Molding Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Material Type
9.2.2. By End User
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
11.1. Merger & Acquisition (If Any)
11.2. Product Launches (If Any)
11.3. Recent Developments
12. Policy and Regulatory Landscape
13. India Economic Profile
14. Company Profiles
14.1. ARC Group Worldwide
14.1.1. Business Overview
14.1.2. Key Revenue and Financials
14.1.3. Recent Developments
14.1.4. Key Personnel/Key Contact Person
14.1.5. Key Product/Services Offered
14.2. Dynacast International
14.3. Phillips-Medisize
14.4. NetShape Technologies
14.5. Smith Metal Products
14.6. Dean Group International
14.7. CMG Technologies
14.8. Sintex A/S
15. Strategic Recommendations
16. About Us & Disclaimer
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security