Asia Pacific Ceramic Injection Molding Market Forecast to 2027 – COVID-19 Impact and Analysis – By Type and Industry Vertical

Asia Pacific Ceramic Injection Molding Market Forecast to 2027 – COVID-19 Impact and Analysis – By Type and Industry Vertical

  • February 2021 •
  • 74 pages •
  • Report ID: 6027772 •
  • Format: PDF
The ceramic injection molding market in Asia Pacific was valued at US$ 174.14 million in 2019 and is projected to reach US$ 331.76 million by 2027; it is expected to grow at a CAGR of 8.5% from 2020 to 2027.

Development and growth of medical and healthcare sectors are escalating the ceramic injection molding market.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. Increasing number of dental injuries due to sports injuries and road accidents are also regarded as significant factors favoring the demand for dental implants.Moreover, increase in geriatric population with oral problems is also boosting the market growth. Rise in demand for minimally invasive cosmetic surgery across developed and developing countries is projected to propel the market growth. Changing lifestyles and increased beauty consciousness stimulate the demand for cosmetic procedures. Thus, it is projected that the rapidly expanding healthcare and medical sectors would provide several growth opportunities for the ceramic injection molding market in the coming years. Based on type, the ceramic injection molding market is categorized into alumina, zirconia, and others. The zirconia segment is expected to grow at the fastest rate during the forecast period of 2020 to 2027.

Zirconium oxide, also known as zirconia, refers to a white crystalline oxide of zirconium.Ceramic powder of zirconia is widely used in injection molding.

Zirconia possesses greater thermal expansion capacity as compared to alumina.It is biocompatible and has high chemical inertness, high fracture resistance, and low thermal conductivity.

Zirconia powder is employed in the production of dental implants through injection molding.The production of ceramic injection molding parts using yttrium oxide stabilized tetragonal zirconia appears to be feasible.

Mullite zirconia is identified as a potential material for high-temperature structural industry verticals owing to its high thermal shock resistance, high-temperature strength, and low coefficient thermal expansion. The zirconia powder used in injection molding can fabricate the complex shapes made from the mullite zirconia composites. Zirconia powder is mainly used in the injection molding of optical fiber ferrules and wire bond nozzles. Zirconia toughened alumina ceramics serve as impressive materials for biomedical and engineering industry verticals due to their hardness, high strength, and abrasion resistance. For this reason, ceramic injection molding appears to be an attractive option for producing zirconia toughened alumina.

Zirconia is mainly used in industry verticals where alumina strength is considered to be insufficient.Better thermal stability and strength of zirconia compared to alumina is expected to drive this segment.

However, the COVID-19 outbreak has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns.In the Asia Pacific region, India has the highest number of confirmed coronavirus cases.

This is expected to impact the chemicals & materials industry in the region.Due to the COVID-19 outbreak, the supply chain is expected to get affected and negatively impact the Asia Pacific ceramic injection molding market.

The overall Asia Pacific ceramic injection molding market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacific ceramic injection molding market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific ceramic injection molding market. Key players operating in the Asia Pacific ceramic injection molding market include AMT PTE. LTD., ARBURG GmbH + Co KG, CoorsTek Inc., INDO-MIM, MICRO, Morgan Advanced Materials, and OECHSLER AG.
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