According to data reported by the Japan Powder Metallurgy Alliance (JPMA), there was a slight decline in sales of MIM parts in Japan in 2016, and the total amount was 10 billion yuan. Japan’s powder injection molding sales peaked in 2010, when sales amounted to nearly RMB 12 billion. This data comes from the most recent annual survey of the Japan Powder Metallurgy Federation. The scope of the investigation included alliance members and non-members. According to their survey, the Japan Powder Metallurgy Alliance believes that MIM will maintain a 5-6% growth in the future.
As can be seen from the application segmentation of MIM products in Japan, MIM industrial equipment parts occupy the largest market, accounting for about 26.7%, which is a slight increase compared to the previous 23.5%, followed by the MIM medical industry. , Accounting for approximately 19.9%. According to the analysis of the Japan Powder Metallurgy Federation, the positive growth occurred in the watch industry.
