Compared with the traditional technology, MIM has higher precision and more perfect performance, which is often supplied to electronic information engineering, medical devices, office equipments, cars, machinery, hardware, apparatus,timepiece industry, weapons and aerospace, etc. Therefore, it will become a revolution between parts molding and processing.
MIM adopts micron grade fine powder as raw material, which accelerates the sintering shrinkage, improves the mechanical property of raw material, and extends the life of the product. The scale of MIM is still not large to influence the development of MIM in economic crisis. Nowadays, MIM majors in cars in Europe; majors in medical field in North America, and majors in communication products in Asia.
Mainly, powder metallurgy parts are used in cars in the future. Powder metallurgy parts with high density, new powder metallurgy material, and powder metallurgy equipments with high efficiency and high accuracy are the trends of powder metallurgy in the future. The development of MIM should pay attention to material and design, and use its advantages to help clients to better the design, and reduce cost of products, and then broaden the application of MIM.