South America Ceramic Injection Molding Market Forecast to 2027 - COVID-19 Impact and Analysis - By Type and Industry Vertical

Alumina Segment to Dominate South America Ceramic Injection Molding Market during 2020-2027

According to a new market research study on “South America Ceramic Injection Molding Market Forecast to 2027 - COVID-19 Impact and Analysis - By Type (Alumina, Zirconia, and Others) and Industry Vertical (Industrial Machinery, Automotive, Healthcare, Electrical and Electronics, Consumer Goods, and Others),” is expected to reach US$ 19.52 Mn by 2027 from US$ 11.18 Mn in 2019 and is expected to grow at a CAGR of 7.3% from 2020 to 2027. The report provides trends prevailing in the South America Ceramic Injection Molding Market and the drivers and restraints pertaining to the market growth. Various advantages offered by ceramic injection molding is the primary factor driving the South America Ceramic Injection Molding Market. South America is a developing region with the presence of several emerging economies. Countries such as Brazil, Chile, Argentina, and Peru are witnessing intensive growth in their industrial and manufacturing sectors. The emerging economies present a huge market potential for a variety of industries, such as chemical, automotive, electronics, medical which is bolstering the growth of the ceramic injection moulding market in the region. However, a longer production time of ceramic parts may hinder ceramic injection moldings' growth in the South America. Besides, COVID-19 has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. In the South America, Brazil has the highest number of COVID-19 cases in South America, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken multiple actions to protect their citizens and contain the spread of the infection. South America is likely to face lower export revenues, due to the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are their important trade partners. Containment measures in several countries of South America would reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is under check. Due to the COVID-19 outbreak, the supply chain is expected to get affected and negatively impact the South America Ceramic Injection Molding Market.

The South America Ceramic Injection Molding Market is segmented into type and industry vertical. Based on type, the ceramic injection molding market is categorized into alumina, zirconia, and others. In 2019, the alumina segment dominated the market. Based on industry vertical, the South America Ceramic Injection Molding Market is segmented into industrial machinery, automotive, healthcare, electrical and electronics, consumer goods, and others. The healthcare segment dominated the South America Ceramic Injection Molding Market, and it is also anticipated to grow at the fastest growth rate during the forecast period of 2020-2027.

ARBURG GmbH + Co KG, INDO-MIM, Morgan Advanced Materials, and OECHSLER AG are among the leading companies in the South America Ceramic Injection Molding Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The Report Segments The South America Ceramic Injection Molding Market As Follows:

By Type

• Alumina
• Zirconia
• Others

By Industry Vertical

• Industrial Machinery
• Automotive
• Healthcare
• Electrical and Electronics
• Consumer Goods
• Others

By Country

• Brazil
• Argentina
• Rest of South America

Reasons to Buy

• To understand the Middle East and Africa cell therapy instruments market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for the Middle East and Africa cell therapy instruments market
• Efficiently plan M&A and partnership deals in the Middle East and Africa cell therapy instruments market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the Middle East and Africa cell therapy instruments market.
• Obtain market revenue forecast for market by various segments from 2019 to 2027 in Middle East and Africa.