I. Powder Metallurgy Industry Chain

Metallurgy refers to the extraction of metals or metal compounds from minerals, and then use various processing methods to make them into metal materials with certain properties of the process and technology. Metallurgy has a variety of classification basis, can be divided into ferrous metallurgical industry and non-ferrous metallurgical industry according to the output category: can also be divided into pyrometallurgy, hydrometallurgy and electrometallurgy according to the process. In addition, it can also be divided into rare metal metallurgy industry and powder metallurgy industry.

Powder metallurgy is the production of metal powder, and the use of molding and sintering process will be metal powder or metal powder and non-metallic powder mixture made of materials and products of technology. Powder metallurgy process is a kind of near-net molding process, can meet the requirements of different levels of mechanical properties. From the industrial chain point of view, alloy powder is made from a variety of metal materials mixed in a certain proportion, and then further deep processing into soft magnetic powder, MIM feed and wave-absorbing materials and other manufactured products, and then used as raw materials for electronic components, 3C precision parts and other devices. Finally, it is applied to many downstream fields such as new energy vehicles, electronics, medicine and food.

Powder metallurgy industry chain

Carbon-based iron powder is the finest searched iron powder in terms of particle size, purity and spherical appearance among the iron powders produced by existing industrialized technology. From the iron powder industry supply and demand quietly to gross, grain-based iron powder production capacity in the sun, in recent years China's six major iron powder manufacturers total production and sales, although stable in a few According to the China Steel Structure Association Powder Metallurgy Branch data show that Yuean new materials, Jiangsu Tianyi ultra-fine Jinmin Powder Company Limited, Shaanxi Xinghua Chemical Company Limited and other six major producers of spittle-based iron powder in 20 20 the total production of the broader business up to 11850 tons compared with the previous year for a growth of 1.5 percent. The total production of spittle-based iron powder in 2020 amounted to 11850 tons, a year-on-year increase of 15.6%. In terms of sales, the total sales of carbonyl iron powder by the six major manufacturers in China in 2020 amounted to 11,002 tons, an increase of 8.3% from the same period of the previous year.3 The growth in the production and sales of carbonyl iron powder in China in 2020 is mainly attributed to the strong recovery of the automobile market after the epidemic.

Carbonyl iron powder is the finest particle size, the highest purity and the best spherical appearance among the iron powders produced by existing industrialized technology. From the carbonyl iron powder industry supply and demand situation, carbonyl iron powder production capacity is concentrated, in recent years, China's six major carbonyl iron powder producers total production and sales volume rose steadily. According to the data of China Steel Structure Association Powder Metallurgy Branch, Yuean New Material, Jiangsu Tianyi Ultrafine Metal Powder Co, Ltd, Shaanxi Xinghua Chemical Co, Ltd and other six major manufacturers of carbonyl iron powder in China in 2020 the total production of 11,850 tons, a year-on-year increase of 156% over the previous year. Sales Sales of carbonyl iron powder by six Chinese manufacturers totaled 11,002 tons in 2020, an increase of 83% over the same period of the previous year Growth in production and sales of carbonyl iron powder in China in 2020 was mainly attributed to the strong recovery of the automotive market after the epidemic.

China Carbonyl Iron Powder Industry Production and Sales 2018 -2020

Atomized alloy powder is the most widely used metal powder, which is mainly divided into gas atomization, water atomization and water-gas combined atomization. The total sales volume of the six major atomized alloy powder producers in China has been gradually increasing since 2018, and the total sales volume of atomized iron and steel powders in atomized alloy powders, for example, will be 2.33 million tons, 2.59 million tons, and 0.28 million tons, respectively, for the major manufacturers in China from 2018 to 2020, with a growth rate of -7. 1%, 10. 9%, and 8. 3%, respectively. The growth of China's total sales of atomized iron powder mainly stems from multiple factors, such as the overall recovery of the automotive market driving the growth of iron powder sales, and the increase in demand for alloy powder for metal injection molding

2. metal powder injection molding overview

Metal powder injection molding (MIM) technology is a new type of near-net molding technology to process the raw materials of metal powder into parts, which has natural advantages in miniaturization, customization and mass production, etc. The MIM process is a new type of near-net molding technology formed by combining the traditional legitimate powder smelting process and modern plastic injection molding technology, which can be used to prepare parts and components with complicated geometrical shapes, homogeneous organizational structure and excellent performance. It has unique advantages in the preparation of geometrically complex, uniform organizational structure and excellent performance of near-net shape parts.

3. Analysis of the current situation of the metal powder injection molding industry

1、Global Market

The MIM market is expanding continuously and is expected to show rapid growth in the future. From the global market, in 2020 the global MIM market chopsticks for 3.19 billion U.S. dollars, a year-on-year growth rate of 1%, is expected to 2021 the global MIM market is estimated to 3.52 billion U.S. dollars in 2026 is expected to be 5.46 billion U.S. dollars 2021-2026 CAGR of 8.49%.

Sub-regional gross, Europe and the United States and other developed countries and emerging markets such as China is the main MIM shipping region, according to the relevant data show that the caliber of sales statistics. In 2018, China ranked first with 41% market share, followed by North America and Europe with 17% market share, and the three regions together accounted for 75% of the market share.

Global MlM Industry Market Size and Growth Rate, 201 6- 2026

2 China Market

From the perspective of domestic market size, China's MIM market size has been increasing year by year. According to the data of China Steel Association Powder Metallurgy Branch.The market size of China's MIM industry was 7.3 billion yuan in 2020, an increase of 8.96% year-on-year from the previous year, and is expected to reach 14.14 billion yuan in 2026, with a CAGR of 11.6% from 2020-2026.

From the supply side to gross, the total powder used in the domestic MIM industry in 2018 -20 20 though was 8,500/1,00 0 0/ 1,200 0 tons respectively, showing a steady upward trend, with a year-on-year growth of 17.65%/20.00% in 2 0 1 9 / 20 20 respectively.

The total amount of powder used in China's MfM industry and its growth rate in 2018-2020

4, Metal powder injection molding industry competition pattern

1, the competitive landscape

From the perspective of global market competition pattern, Asia gathers most of the global MIM manufacturers. According to relevant statistics, the number of global MIM factories is large, amounting to hundreds, of which 75% are located in Asia. The world's top ten manufacturers, the Chinese mainland has five, respectively, Precision Technology, Harber Metal, Guangzhou Chang Sheng, Hangzhou Amphenol Fei Feng (U.S. Amphenol's subsidiary in China), the whole of the billion big (Foxconn mainland subsidiary). Among them, research technology, Fuchs High-Tech for the top 2 domestic players: Taiwan, China, 3 were Shengming Electronics, new Rixing and Taiwan Yew Technology: Singapore, 1 for Dawei Technology; India, 1 for Indo-MIM, the world's leading MIM, with more than 130 sets of injection molding machines.

2, Enterprise layout

From the layout of the manufacturers, the head of the enterprise all-round multi-disciplinary participation, small and medium-sized enterprises in various market segments to focus on. Among them, Indo-MIM located in Bangalore, India, is the world's leading MIM technology solution provider, has been deeply plowing into the MIM field for more than 20 years, and has laid out multiple fields globally, and occupies the largest market share in automotive parts and medical products: JingRan Science and Technology and Harber Metal, as the absolute leader in China, are leading in the fields of consumer electronics and automotive respectively, and are rapidly getting involved in other fields. Fields, capacity expansion to achieve scale advantages, access to many large customers; founded in Singapore, Dawei Technology focus on electronics, military,

3, The future development trend of the metal powder injection molding industry

MIM technology is mainly used in consumer electronics, automotive parts, medical equipment, hardware tools and other fields. Among them, the field of consumer electronics, application terminals mainly include smart phones and wearable devices, used in the production of SIM card tray, camera bracket, case, buckle, keys, connector interfaces and other parts, with the rise of folding screen terminal, folding screen hinge for parts complexity and processing precision requirements are higher, is expected to become a new outbreak of the application of the MIM process: the field of automotive parts, including engine parts, Turbo parts, seat mechanisms and sensors and other MIM parts, in the automotive lightweight and production of low-carbon trend, MIM process advantages are increasingly prominent; medical equipment field, mainly the production of surgical instruments, orthopedic tools, orthodontic instruments and hearing equipment, etc., in the instrumentation of high-precision and high-complexity requirements, the scale of the MIM product is expected to continue to grow: In addition, MIM is also widely