
Metal Powder Market size was valued at US$ 6.95 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.9% from 2023 to 2029, reaching nearly US$ 11.10 Bn.
Metal Powder Market Overview
Maximize Market Research offers a concise description of the Metal Powder Market providing up-to-date snapshots and comprehensive insights into its characteristics. The report presents an overview of the market, covering standard topics that are complemented with tailored data as required. This overview serves as a valuable resource for making informed decisions on market entry and gaining a clear understanding of the current state of the Metal Powder industry. The research methodology employed ensures a thorough examination of the global Metal Powder market, with the logical presentation of the findings in the report.
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Metal Powder Market Scope
The Metal Powder# Market report offers a comprehensive understanding of the market trends, dynamics, restraints, and opportunities. The research identifies the most significant trends that will impact business operations, providing valuable insights for strategic decision-making. It delves into the competitive landscape of key companies, factors influencing market size and volume, and other aspects that contribute to shaping the current marketing plan. The report includes a SWOT analysis to identify the strengths and weaknesses of the market.
In terms of competitive analysis, the report examines key players, local players, and new entrants in the Metal Powder Market. The classification criteria for manufacturers include financial status, technological advancements, quality of materials, region, revenue, joint ventures, portfolio, marketing strategies, mergers and acquisitions, strategic alliances, and social media presence. This comprehensive analysis enables a thorough assessment of the competitive landscape and helps businesses stay informed and make informed decisions.
Metal Powder Market Segmentation
The market is divided into ferrous and non-ferrous segments based on the kind of material. By 2029, it is anticipated that the ferrous material category would command a market share of xx%. The ferrous category comprises of metal powders made of iron, steel in all its varieties, and their alloys, as well as alloying elements including nickel, molybdenum, and chromium. Steel is one of the more affordable metal choices when employing additive manufacturing. For particular uses, it can also be alloyed with other metals, including bronze.
The market is divided into Press & Sinter, Metal Injection Molding, Additive Manufacturing, and Others based on technology. During the forecast period of 2023-2029, the press and sinter technology segment is anticipated to expand fast at a CAGR of xx%. Press and sinter is the standard powder metallurgy process. It is affordable and produces parts that are almost net-shaped. Thermal treatment or compaction at a temperature below the melting point of metal is necessary to produce a green compact.
The market is divided into Automotive, Aerospace & Defense, Healthcare, and Others based on the end-use industry. During the projected period of 2023-2029, the automotive end-use industry segment is anticipated to expand fast at a CAGR of xx%. The automotive sector, which uses processes including hot isostatic pressing (HIP), additive manufacturing (AM), press and sinter, and metal injection moulding (MIM), is one of the biggest consumers of metal powder. The press and sinter method is widely used in the automotive application market to produce auto parts. Other processes, such as AM, HIP, and MIM, are experiencing faster penetration than the press and sinter.
1 Global Metal Powder Market, by Material (2022-2029)
• Ferrous
• Non-ferrous
2 Global Metal Powder Market, by Technology (2022-2029)
• Press & Sinter
• Metal Injection Molding
• Additive Manufacturing
• Others
3 Global Metal Powder Market, by End-use Industry (2022-2029)
• Automotive
• Aerospace & Defense
• Healthcare
• Others
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Metal Powder Market Key Players
1. Sandvik AB
2. ATI Powder Metals
3. AMG Advanced Metallurgical Group
4. Rio Tinto Plc
5. American Axle & Manufacturing, Inc.
6. Carpenter Powdered Products
7. Showa Denko Materials
8. GKN Plc
9. Praxair Surface Technologies Inc.,
10. Aubert & Duval
11. Hoganas AB
12. voestalpine BÖHLER Edelstahl GmbH & Co KG
13. Royal Metal Powders
14. Australian Metal Powders Supplies Pty Ltd.
15. CNPC Powder Group Co., Ltd.
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Regional Analysis
In 2021, the Metal Powder Market was dominated by the Metal Powder Region, and it is projected to experience substantial growth in the forecast period. The region's market growth is fuelled by government initiatives in the sector, as well as regulations aimed at curbing rising expenses. The Metal Powder market report provides insights into the geographic landscape of the market, including revenue, along with comprehensive research on the business network structure, opportunities, and news updates.
Key Questions answered in the Metal Powder Market Report are:
- What is Metal Powder Market?
- What is the forecast period of the Metal Powder Market?
- What is the competitive scenario of the Metal Powder market?
- Which region held the largest market share in the Metal Powder Market?
- What are the opportunities for the Metal Powder Market?
- What factors are affecting the Metal Powder market growth?
- Who are the key players of the Metal Powder market?
- Which company held the largest share in the Metal Powder market?
- What will be the CAGR of the Metal Powder market during the forecast period?
- What key trends are likely to emerge in the Metal Powder market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Metal Powder#
- Landscape- Leading key players and other prominent key players.
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