Industry Overview:
The latest report by IMARC Group, titled ”Metal Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, offers a comprehensive analysis of the industry, which comprises insights on the metal powder market report. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global metal powder is expected to exhibit a growth rate (CAGR) of 5.12% during 2023-2028.
- Metal powder refers to the substance that is generally obtained from the base material, which is broken down into powder form.
- It is manufactured by different processes, such as atomization, machining and grinding, reduction, and electrolytic precipitation.
- It offers versatility while decreasing the waste in the manufacturing of parts and coatings of different metals.
- It is used for the production of numerous metallic components through the conventional powder metallurgy route.
Industry Growth:
One of the key factors driving the global market is the significant growth in the powder metallurgy industry. Moreover, the increasing usage of metal powders in end-use industries such as construction, automotive, aerospace, and marine to produce lightweight elements is fuelling the market growth. Furthermore, the rising trends of metal powder in three-dimensional (3D) printing and additive manufacturing in order to reduce costs and improve durability are propelling the demand on the global level. Additionally, the increasing product utilization in the designing of medical and dental elements are acting as another significant growth-inducing factor. Besides this, continual technological developments in the metal powder industry are further creating a positive market outlook. Other factors, such as rising automotive production and the growing demand for electrical and electronics products, are positively influencing the market.
Competitive Landscape with Key Players:
The report has also provided a comprehensive analysis of the competitive landscape in the global metal powder market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include :
- Advanced Technology & Materials Co. Ltd.
- Allegheny Technologies Incorporated
- Carpenter Technology Corporation
- GKN Sinter Metals Engineering GmbH (Melrose Industries)
- Höganäs AB
- LIBERTY Steel Group
- Molyworks Materials Corporation
- Polema
- RusAL
- Sandvik AB
Also Read Full Blog, Top Metal Powder Manufacturing Companies
The report has also provided a comprehensive analysis of the competitive landscape in the global metal powder market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Advanced Technology & Materials Co. Ltd., Allegheny Technologies Incorporated, Carpenter Technology Corporation, GKN Sinter Metals Engineering GmbH (Melrose Industries), Höganäs AB, LIBERTY Steel Group, Molyworks Materials Corporation, Polema, RusAL, Sandvik AB, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Market Segmentation:
Our report has categorized the market based on material, technology and application.
Material:
- Ferrous
- Non-Ferrous
The report has provided a detailed breakup and analysis of the metal powder market based on the ferrous and non-ferrous. This includes ferrous and non-ferrous. According to the report, ferrous represented the largest segment.
Technology:
- Pressing and Sintering
- Metal Injection Molding
- Additive Manufacturing
- Others
Application:
- Automotive
- Aerospace and Defense
- Healthcare
- Others
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for metal powder. Some of the factors driving the Asia Pacific metal powder market included the growing demand for metal powder for additive manufacturing, rising number of small and medium-sized component manufacturers, thriving automotive and aerospace industries, etc.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Material, Technology, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Advanced Technology & Materials Co. Ltd., Allegheny Technologies Incorporated, Carpenter Technology Corporation, GKN Sinter Metals Engineering GmbH (Melrose Industries), Höganäs AB, LIBERTY Steel Group, Molyworks Materials Corporation, Polema, RusAL and Sandvik AB |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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