Powder injection molding is a near net-shape technique suitable for the production of moderate to large volumes of small complex components of a wide range of materials such as ceramics, metals and hard metals. It combines the plastics injection molding technique with the power sintering techniques to produce high density parts at close tolerances. The technology has been known for more than 40 years, but it is only for the last decade that it became a commercial reality. Thanks to recent economical and technological developments the business outlook is positive with parts being produced for a wide field of applications. Still, in order to become truly a great commercial success researchers and producers have to overcome numerous technical and economical challenges and increase the awareness among designers.