The metal powder market size was USD 2 billion in 2021 and is expected to reach USD 8.52 billion by 2027. It is anticipated to grow with a healthy CAGR of 7% from 2021 to 2027.
In 2022, the metal powder market study provides crucial information on market share, market size, growth rate analysis Y-O-Y, production, consumption, and sales analysis for the forecast period 2021 to 2027. The report contains 150+ pages with detailed analysis.
Metal powders are the base constituents for the making of metallic component via traditional powder metallurgy route or the emergent sector of additive manufacturing. Characteristics of the end product rely on the character of the base powder from which it is fashioned which is correspondingly reliant on the process of manufacture of the base powder. There are several methods for manufacturing metal powders with each method presenting diverse particle purity and morphology. These methods involve crushing, mechanical pulverization, machining, slotting, atomization, electrolysis of liquid metal with the help of nitrogen, water, argon, or amalgamation of these and by means of carbon or decreasing metal oxides in hydrogen.
The metal powder sector is a familiar metal forming technology that contends directly with other metalworking practices like forging, casting, screw machining and stamping (fine blanking). The industry encompasses parts makers, powder suppliers and vendors that provide the powder handling equipment, mixing equipment, sintering furnaces, compacting presses and others.
Growth Factors
The metal powder is a way more effective in comparison with numerous conventional processes such as forging, casting and stamping. Asia Pacific is predicted to endure the major consumer of powder metal products. Cumulative sale for sintered parts in the Asia Pacific is predictable to upsurge the growth of metal powder market. Amplified emphasis of players on converting metal powders into advantageous engineering components endures to withstand the growth of the market. With metal powders permitting numerous component producers to accomplish anticipated shapes that are impossible to produce with solid metal, their sales are expected to attain a milestone during coming years.
Changing emphasis of corporations on leveraging powdered metals over solid metals for extensive applications including filtration systems, auto metal components magnetic assemblies, and sharp gemstone-grinding blades endure to up thrust market advantages. Furthermore, the increasing need for metal powders with high steadiness and heat resistance would additionally subsidize the sales of steel and iron powder.
Report Scope of the Metal Powder Market
| Report Highlights | Details |
| Market Size | USD 8.52 Billion by 2027 |
| Growth Rate | CAGR of 6.19% from 2021 to 2027 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2027 |
| Segments Covered | Type, technology, Application, Region |
COVID-19 Impact:
The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The metal powder report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.
Regional Snapshots
The continuous automotive production, high consumer latent in India, Southeast Asian nations, and China and huge demand for medical products are expected to stimulate the need for finished parts made by means of metal powder. Speedy rise in the implication of powder metallurgy has set the stage for the huge production of metal powders, chiefly steel and iron and, carefully trailed by copper, aluminum, and nickel. Budding economies have been perceiving urbanization on a massive scale, which will subsequently result in rushing in the demand for building & construction, automotive, and other end use sectors in the South Asia market.
Europe reported for a crucial stake of the global metal powder market in 2019. It is estimated to be a profitable region throughout the estimate period. Producers of metal powders in Europe are intensive on upholding environmental sustainability on account of intensification in consumer alertness regarding the practice of eco-friendly products. The target of plummeting greenhouse gases via the acceptance of substitute energy sources is anticipated to deliver profitable prospects to these producers during years to come. Moreover, foremost automotive manufacturers like Volkswagen, BMW, Daimler, Renault and Volvo function in Europe which positively affecting the metal powder marketplace in this region.
Key Players:
The metal powder market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.
Some of the prominent players in the metal powder market include:
- Advanced Technology & Materials Co., Ltd
- MolyWorks Materials Corporation
- GKN PLC
- Rio Tinto Metal Powders
- Hoganas AB
- POLEMA
- Rusal
- Liberty House Group
- Sandvik AB
Market Segmentation
By Type
- Ferrous
- Non-ferrous
By Technology
- Press & Sinter
- Additive Manufacturing
- Metal Injection Molding
- Others
By Application
- Healthcare
- Automotive
- Aerospace & Defense
- Others
Regional Segmentation
- North America (U.S. and Canada)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Find More Press Releases at https://www.globenewswire.com/en/search/organization/Precedence%2520Research
Frequently Asked Questions?
- What is the total market value?
- What will be the growth in 2027?
- What are the key trends in the market?
- What are the major players in metal powder markets?
- What are the key growth strategies of industry players?
- Which region would offer a higher growth?
- What are the countries included in the rest of the word segments?
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TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Metal Powder Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Metal Powder Market
5.1. Covid-19: Metal Powder Industry Impact
5.2. Metal Powder Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Metal Powder Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Metal Powder Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Metal Powder Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Metal Powder Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Metal Powder Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Metal Powder Market Production by Manufacturer (2015-2020)
7.1.1.4. Metal Powder Market Production Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Metal Powder Market, By Product Type
8.1. Metal Powder Market, by Product Type, 2016-2027
8.1.1. Ferrous
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Non-ferrous
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
Chapter 9. Global Metal Powder Market, By Application
9.1. Metal Powder Market, by Application, 2016-2027
9.1.1. Press & Sinter
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Metal Injection Molding
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)
9.1.3. Additive Manufacturing
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.4.2. Market Consumption and Forecast (2016-2027)
Chapter 10. Global Metal Powder Market, By End-User
10.1. Metal Powder Market, by End-User, 2016-2027
10.1.1. Automotive
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.1.2. Market Consumption and Forecast (2016-2027)
10.1.2. Aerospace & Defense
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.2.2. Market Consumption and Forecast (2016-2027)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.3.2. Market Consumption and Forecast (2016-2027)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.4.2. Market Consumption and Forecast (2016-2027)
Chapter 11. Global Metal Powder Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Production Forecast by Product (2016-2027)
11.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
11.1.3. Market Revenue and Consumption Forecast by End-User (2016-2027)
11.1.4. U.S
11.1.4.1. Market Revenue and Production Forecast (2016-2027)
11.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
11.1.5. Canada
11.1.5.1. Market Revenue and Production Forecast (2016-2027)
11.1.5.2. Market Revenue and Consumption Forecast (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Production Forecast by Product (2016-2027)
11.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
11.2.3. Market Revenue and Consumption Forecast by End-User (2016-2027)
11.2.4. UK
11.2.4.1. Market Revenue and Production Forecast (2016-2027)
11.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
11.2.5. Germany
11.2.5.1. Market Revenue and Production Forecast (2016-2027)
11.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
11.2.6. France
11.2.6.1. Market Revenue and Production Forecast (2016-2027)
11.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
11.2.7. Rest of EU
11.2.7.1. Market Revenue and Production Forecast (2016-2027)
11.2.7.2. Market Revenue and Consumption Forecast (2016-2027)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue and Production Forecast by Product (2016-2027)
11.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
11.3.3. Market Revenue and Consumption Forecast by End-User (2016-2027)
11.3.4. China
11.3.4.1. Market Revenue and Production Forecast (2016-2027)
11.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Production Forecast (2016-2027)
11.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
11.3.6. Japan
11.3.6.1. Market Revenue and Production Forecast (2016-2027)
11.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Production Forecast (2016-2027)
11.3.7.2. Market Revenue and Consumption Forecast (2016-2027)
11.4. LATAM
11.4.1. Market Revenue and Production Forecast by Product (2016-2027)
11.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
11.4.3. Market Revenue and Consumption Forecast by End-User (2016-2027)
11.4.4. Brazil
11.4.4.1. Market Revenue and Production Forecast (2016-2027)
11.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue and Production Forecast (2016-2027)
11.4.5.2. Market Revenue and Consumption Forecast (2016-2027)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue and Production Forecast by Product (2016-2027)
11.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
11.5.3. Market Revenue and Consumption Forecast by End-User (2016-2027)
11.5.4. GCC
11.5.4.1. Market Revenue and Production Forecast (2016-2027)
11.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
11.5.5. North Africa
11.5.5.1. Market Revenue and Production Forecast (2016-2027)
11.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
11.5.6. South Africa
11.5.6.1. Market Revenue and Production Forecast (2016-2027)
11.5.6.2. Market Revenue and Consumption Forecast (2016-2027)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue and Production Forecast (2016-2027)
11.5.7.2. Market Revenue and Consumption Forecast (2016-2027)
Chapter 12. Company Profiles
12.1. Advanced Technology & Materials Co., Ltd
12.1.1. Company Overview, Business Information, Manufacturing Area
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. MolyWorks Materials Corporation
12.2.1. Company Overview, Business Information, Manufacturing Area
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. GKN PLC
12.3.1. Company Overview, Business Information, Manufacturing Area
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. Rio Tinto Metal Powders
12.4.1. Company Overview, Business Information, Manufacturing Area
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. Hoganas AB
12.5.1. Company Overview, Business Information, Manufacturing Area
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. POLEMA
12.6.1. Company Overview, Business Information, Manufacturing Area
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. Rusal
12.7.1. Company Overview, Business Information, Manufacturing Area
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. Liberty House Group
12.8.1. Company Overview, Business Information, Manufacturing Area
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Sandvik AB
12.9.1. Company Overview, Business Information, Manufacturing Area
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. CRS Holdings Inc
12.10.1. Company Overview, Business Information, Manufacturing Area
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Production Capacity, Price and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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