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Article: SUPPLIER NEWS.(Harbin Xinda Macromolecule Material Co. Ltd is publicly traded)(Toshiba Machine Company Ltd., PNA Plastics Equipment and Southeast Polymer Solutions Inc. in sales contract)(packaging machinery shipments to rise)
- Article from:
- Plastics News
- Article date:
- January 26, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Growth is forecast for molding segments
WELLESLEY, MASS. The global market for metal injection molded parts will grow 14 percent a year through 2014, hitting $1.9 billion. Demand for ceramic injection molded parts will grow even faster, 15.2 percent annually, and reach $801 million by 2014, according to a report from BCC Research in Wellesley.
"Powder injection molding is booming on a global basis because of its ability to either create unique new products or replace older technologies at significant savings,'' the report said. "The process allows designs of the very complex net shapes that are made via plastic injection molding, but in materials ...