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.
Market Driver:
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.
Market Opportunities:
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.
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.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) and Volume (Kiloton) |
Segments Included |
Type, Metal Form, Production Method, Compaction Technique, Application, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
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
Metal Powder Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE METAL POWDER MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY