Metal Powder Market: Summary
The Global Metal Powder Market is projected to reach a value of over USD 5.8 billion by 2027 at a CAGR of around 6.2%.
The metal powder is a finely powdered form of solid metal that usually contains smaller particles with a maximum dimension of approximately1000 µm. These particles are the smallest unit of powder. Most metal powders contain particles that range from 25 to 200 µm in size. Generally, these powders are purely metallic, while in some cases they are mixed with other forms, such as ceramics or polymers. The metal powder is an intermediate between liquid and solid metal.
Metal Powder Market: Drivers & Challenges
- High Demand for Lightweight Vehicles to Amplify the Application Opportunities
Metal powder market is prophesized to be influenced by the numerous benefits that the product offers, such as recyclability, high volume capacity, cost efficiency, and less time needed in the manufacturing process. These properties are estimated to increase its adoption in the automotive manufacturing industry. Increased demand for lightweight vehicles is predicted to exert a positive influence on the growth of the market. The growth in end-use industries is anticipated to propel the demand for Powdered Metal parts during the forecast period.
- Rapid Technological Advancements
Technological advancements complementing the use of metal powders in a large number of products, such as rocket fuels, paint pigments, printing inks, and many others, opportunities in metal powder market continue to multiply at an unprecedented pace. This falls in line with the growing awareness about the role of metal powders as base materials for producing metallic components through the powder metallurgy route or the emerging field of additive manufacturing.
Metal Powder Market: Key Segments
- Segmentation based on type: Ferrous and Non-Ferrous
- Segmentation based on metal form: Recycled metals and ores
- Segmentation based on production method: Physical and Mechanical
- Segmentation based on Compaction Technique: Hot and Cold
- Segmentation based on application: Transportation & Logistics, Industrial, Construction, and others
- Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.
Metal Powder Market: Report Scope
The report on the Metal Powder market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million) and Volume (Kiloton)
Type, Metal Form, Production Method, Compaction Technique, Application, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Sandvik AB (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Carpenter Technology Corporation
- Hoganas AB
- GKN Plc.
- Rio Tinto
- Praxair Technology Inc
- BOHLER Edelstahl GmbH & Co KG
- ATI Powder Metals
- Arconic Inc
- Hitachi Chemical Co., Ltd
- Other Key Companies
Metal Powder Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Metal Powder Market, by Type
Metal Powder Market, by metal form
Metal Powder Market, by production method
Metal Powder Market, by compaction technique
Metal Powder Market, by application
- Transportation & logistics
Metal Powder Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- Metal Powder Market Providers
- Metal Powder Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Metal Powder Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE METAL POWDER MARKET STUDY