MIM Details: MIM Overview

MIM Overview

Market Statistics

The largest market for MIM has historically been industrial components, including pump housings, solenoids, and handles, plumbing fixtures, and fittings. This amounts to 20% of global sales (more in Japan and less in Europe). Automotive components are the second largest market for MIM at 14% of global value (much higher in Europe and lower in North America). Consumer products are third largest market at 11% of the MIM sales, and these are dominated by Asia (cell phone, consumer, and computer parts). Next are the dental, medical, electronic, and firearm applications, each at 7 to 9% of the global MIM product value, with North America being the largest producer. Other contributions come from computer, hand tool, luggage trimmings, cosmetic cases, robots, sporting devices, and watch components.

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