Global Powder Metallurgy for Electric Vehicles Supply, Demand and Key Producers, 2026-2032
Description
The global Powder Metallurgy for Electric Vehicles market size is expected to reach $ 5872 million by 2032, rising at a market growth of 27.9% CAGR during the forecast period (2026-2032).
Powder metallurgy (PM) for electric vehicles (EVs) refers to the use of metal powders and sintering-based processes to produce near-net-shape components that serve propulsion, energy storage, power electronics, chassis, and thermal management functions in battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs). In this context, PM encompasses several manufacturing routes: conventional press-and-sinter; metal injection molding (MIM); hot isostatic pressing (HIP); rapid solidification and atomization technologies for specialty powders; and increasingly, additive manufacturing (AM) methods such as binder jetting and laser powder bed fusion for select, high-value components. The EV-focused PM market includes the raw material value chain (iron-based powders, copper and copper-alloys, aluminum powders, soft-magnetic powders, nickel and cobalt superalloys for thermal or structural parts), the equipment and tooling ecosystem (presses, molds, sintering furnaces, debind/HIP systems), and the tiered supply base that designs and manufactures finished parts for e-powertrains and auxiliary systems.
While EVs eliminate many traditional internal combustion engine (ICE) components—pistons, connecting rods, cams, oil pumps—they introduce new assemblies where PM is highly relevant. In e-powertrains, soft-magnetic composites (SMCs) and high-silicon iron powders are used for stator and rotor core segments in certain motor topologies, particularly axial-flux and high-frequency machines where 3D flux paths and low eddy-current losses are crucial. PM gears and planetary carrier systems appear in single- or two-speed reduction gearboxes inside e-axles, where dimensional stability and high tooth strength are required. Self-lubricating sintered bearings and bushings are used in electric coolant pumps, HVAC blowers, seat and window actuators, and e-compressors. Copper-based PM parts support busbars, terminals, and high-current connectors in battery packs and inverters; porous PM structures function as wicks and heat spreaders in vapor-chamber or heat-pipe thermal management modules. Aluminum and magnesium PM (including AM routes) enable lightweight brackets, housings, and intricate cooling plates that would be difficult to machine economically. Beyond propulsion, PM is present in chassis and body systems as structural brackets with integrated features, parking brake components, and sensor housings where complex geometries, good tolerances, and cost-effective volume production matter.
In 2024, global Powder Metallurgy for Electric Vehicles production reached approximately 138.6 K MT, with an average global market price of around US$ 5276 per MT. The global single-line production capacity ranges from 3000 to 5000 MT per year. The industry's gross profit margin is approximately 25%-30%.
Over the next few product cycles, Powder metallurgy’s footprint in EVs is likely to shift from ICE substitutes to EV-native functions. Expect broader deployment of SMC-based motor segments in select high-frequency or axial-flux applications where 3D magnetics shine; continued penetration of Powder metallurgy gears and structural carriers within e-axles; and faster adoption of PM-enabled thermal hardware as power densities climb in inverters and fast-charging systems. Binder-jet and related AM-sinter routes should move from prototypes to limited series for copper and aluminum heat exchangers, complex brackets, and small precision parts as sinter-shrink models mature and line speeds increase. On the sustainability axis, the market will reward powder producers who can document recycled content, low embodied carbon, and closed-loop powder handling. For buyers and engineers, the most competitive Powder metallurgy suppliers will be those who act as co-design partners, bringing materials science, magnetic and thermal modeling, and manufacturability expertise into the earliest architectural decisions.
Powder metallurgy for electric vehicles is best understood not as a simple substitution for legacy engine parts, but as a toolkit that matches EV priorities: efficiency, compactness, quiet operation, and sustainable manufacturing. The market’s definition spans materials, processes, and applications that exploit Powder metallurgy’s strengths—near-net shape, controllable microstructures, and design freedom—while addressing the EV era’s new demands in magnetics, thermal management, and power-dense drivetrains. Growth depends on closing technical gaps (losses, density, surface finish), scaling greener sintering, and embedding PM thinking into motor, gearbox, and thermal designs from day one. With those levers pulled, Powder metallurgy is positioned to become a quietly decisive contributor to EV cost, range, and sustainability over the coming decade.
The main manufacturers of powder metallurgy components for Electric Vehicles include GKN, Sumitomo Electric Industries, etc. These top 5 manufacturers hold a market share about 40%.
This report studies the global Powder Metallurgy for Electric Vehicles production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Powder Metallurgy for Electric Vehicles and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Powder Metallurgy for Electric Vehicles that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Powder Metallurgy for Electric Vehicles total production and demand, 2021-2032, (Kilotons)
Global Powder Metallurgy for Electric Vehicles total production value, 2021-2032, (USD Million)
Global Powder Metallurgy for Electric Vehicles production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons), (based on production site)
Global Powder Metallurgy for Electric Vehicles consumption by region & country, CAGR, 2021-2032 & (Kilotons)
U.S. VS China: Powder Metallurgy for Electric Vehicles domestic production, consumption, key domestic manufacturers and share
Global Powder Metallurgy for Electric Vehicles production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kilotons)
Global Powder Metallurgy for Electric Vehicles production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
Global Powder Metallurgy for Electric Vehicles production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
This report profiles key players in the global Powder Metallurgy for Electric Vehicles market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GKN, Sumitomo Electric Industries, Resonac, Fine Sinter, Miba AG, Porite, PMG Holding, AAM, Hoganas AB, AMETEK Specialty Metal Products, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Powder Metallurgy for Electric Vehicles market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilotons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Powder Metallurgy for Electric Vehicles Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Type:
Ferrous Metals
Non-ferrous Metals
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Manufacturing Route:
Press-and-sinter (P&S)
Metal Injection Molding (MIM)
Hot Isostatic Pressing (HIP)
Soft-Magnetic Composite (SMC) compaction
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Material:
Iron/steel PM
Soft-magnetic
Copper & Cu-alloys
Aluminum & Mg PM/AM
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Powder Production Method:
Water-atomized
Gas-atomized
Electrolytic
Mechanical Alloyed
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Application:
Transmission
Engine
Chassis System
Others
Companies Profiled:
GKN
Sumitomo Electric Industries
Resonac
Fine Sinter
Miba AG
Porite
PMG Holding
AAM
Hoganas AB
AMETEK Specialty Metal Products
Allegheny Technologies Incorporated
Burgess-Norton
Carpenter Technology
Diamet
Dongmu
Shanghai Automotive Powder Metallurgy
Weida
Key Questions Answered:
1. How big is the global Powder Metallurgy for Electric Vehicles market?
2. What is the demand of the global Powder Metallurgy for Electric Vehicles market?
3. What is the year over year growth of the global Powder Metallurgy for Electric Vehicles market?
4. What is the production and production value of the global Powder Metallurgy for Electric Vehicles market?
5. Who are the key producers in the global Powder Metallurgy for Electric Vehicles market?
6. What are the growth factors driving the market demand?
Powder metallurgy (PM) for electric vehicles (EVs) refers to the use of metal powders and sintering-based processes to produce near-net-shape components that serve propulsion, energy storage, power electronics, chassis, and thermal management functions in battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs). In this context, PM encompasses several manufacturing routes: conventional press-and-sinter; metal injection molding (MIM); hot isostatic pressing (HIP); rapid solidification and atomization technologies for specialty powders; and increasingly, additive manufacturing (AM) methods such as binder jetting and laser powder bed fusion for select, high-value components. The EV-focused PM market includes the raw material value chain (iron-based powders, copper and copper-alloys, aluminum powders, soft-magnetic powders, nickel and cobalt superalloys for thermal or structural parts), the equipment and tooling ecosystem (presses, molds, sintering furnaces, debind/HIP systems), and the tiered supply base that designs and manufactures finished parts for e-powertrains and auxiliary systems.
While EVs eliminate many traditional internal combustion engine (ICE) components—pistons, connecting rods, cams, oil pumps—they introduce new assemblies where PM is highly relevant. In e-powertrains, soft-magnetic composites (SMCs) and high-silicon iron powders are used for stator and rotor core segments in certain motor topologies, particularly axial-flux and high-frequency machines where 3D flux paths and low eddy-current losses are crucial. PM gears and planetary carrier systems appear in single- or two-speed reduction gearboxes inside e-axles, where dimensional stability and high tooth strength are required. Self-lubricating sintered bearings and bushings are used in electric coolant pumps, HVAC blowers, seat and window actuators, and e-compressors. Copper-based PM parts support busbars, terminals, and high-current connectors in battery packs and inverters; porous PM structures function as wicks and heat spreaders in vapor-chamber or heat-pipe thermal management modules. Aluminum and magnesium PM (including AM routes) enable lightweight brackets, housings, and intricate cooling plates that would be difficult to machine economically. Beyond propulsion, PM is present in chassis and body systems as structural brackets with integrated features, parking brake components, and sensor housings where complex geometries, good tolerances, and cost-effective volume production matter.
In 2024, global Powder Metallurgy for Electric Vehicles production reached approximately 138.6 K MT, with an average global market price of around US$ 5276 per MT. The global single-line production capacity ranges from 3000 to 5000 MT per year. The industry's gross profit margin is approximately 25%-30%.
Over the next few product cycles, Powder metallurgy’s footprint in EVs is likely to shift from ICE substitutes to EV-native functions. Expect broader deployment of SMC-based motor segments in select high-frequency or axial-flux applications where 3D magnetics shine; continued penetration of Powder metallurgy gears and structural carriers within e-axles; and faster adoption of PM-enabled thermal hardware as power densities climb in inverters and fast-charging systems. Binder-jet and related AM-sinter routes should move from prototypes to limited series for copper and aluminum heat exchangers, complex brackets, and small precision parts as sinter-shrink models mature and line speeds increase. On the sustainability axis, the market will reward powder producers who can document recycled content, low embodied carbon, and closed-loop powder handling. For buyers and engineers, the most competitive Powder metallurgy suppliers will be those who act as co-design partners, bringing materials science, magnetic and thermal modeling, and manufacturability expertise into the earliest architectural decisions.
Powder metallurgy for electric vehicles is best understood not as a simple substitution for legacy engine parts, but as a toolkit that matches EV priorities: efficiency, compactness, quiet operation, and sustainable manufacturing. The market’s definition spans materials, processes, and applications that exploit Powder metallurgy’s strengths—near-net shape, controllable microstructures, and design freedom—while addressing the EV era’s new demands in magnetics, thermal management, and power-dense drivetrains. Growth depends on closing technical gaps (losses, density, surface finish), scaling greener sintering, and embedding PM thinking into motor, gearbox, and thermal designs from day one. With those levers pulled, Powder metallurgy is positioned to become a quietly decisive contributor to EV cost, range, and sustainability over the coming decade.
The main manufacturers of powder metallurgy components for Electric Vehicles include GKN, Sumitomo Electric Industries, etc. These top 5 manufacturers hold a market share about 40%.
This report studies the global Powder Metallurgy for Electric Vehicles production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Powder Metallurgy for Electric Vehicles and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Powder Metallurgy for Electric Vehicles that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Powder Metallurgy for Electric Vehicles total production and demand, 2021-2032, (Kilotons)
Global Powder Metallurgy for Electric Vehicles total production value, 2021-2032, (USD Million)
Global Powder Metallurgy for Electric Vehicles production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons), (based on production site)
Global Powder Metallurgy for Electric Vehicles consumption by region & country, CAGR, 2021-2032 & (Kilotons)
U.S. VS China: Powder Metallurgy for Electric Vehicles domestic production, consumption, key domestic manufacturers and share
Global Powder Metallurgy for Electric Vehicles production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kilotons)
Global Powder Metallurgy for Electric Vehicles production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
Global Powder Metallurgy for Electric Vehicles production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kilotons)
This report profiles key players in the global Powder Metallurgy for Electric Vehicles market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GKN, Sumitomo Electric Industries, Resonac, Fine Sinter, Miba AG, Porite, PMG Holding, AAM, Hoganas AB, AMETEK Specialty Metal Products, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Powder Metallurgy for Electric Vehicles market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kilotons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Powder Metallurgy for Electric Vehicles Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Type:
Ferrous Metals
Non-ferrous Metals
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Manufacturing Route:
Press-and-sinter (P&S)
Metal Injection Molding (MIM)
Hot Isostatic Pressing (HIP)
Soft-Magnetic Composite (SMC) compaction
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Material:
Iron/steel PM
Soft-magnetic
Copper & Cu-alloys
Aluminum & Mg PM/AM
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Powder Production Method:
Water-atomized
Gas-atomized
Electrolytic
Mechanical Alloyed
Others
Global Powder Metallurgy for Electric Vehicles Market, Segmentation by Application:
Transmission
Engine
Chassis System
Others
Companies Profiled:
GKN
Sumitomo Electric Industries
Resonac
Fine Sinter
Miba AG
Porite
PMG Holding
AAM
Hoganas AB
AMETEK Specialty Metal Products
Allegheny Technologies Incorporated
Burgess-Norton
Carpenter Technology
Diamet
Dongmu
Shanghai Automotive Powder Metallurgy
Weida
Key Questions Answered:
1. How big is the global Powder Metallurgy for Electric Vehicles market?
2. What is the demand of the global Powder Metallurgy for Electric Vehicles market?
3. What is the year over year growth of the global Powder Metallurgy for Electric Vehicles market?
4. What is the production and production value of the global Powder Metallurgy for Electric Vehicles market?
5. Who are the key producers in the global Powder Metallurgy for Electric Vehicles market?
6. What are the growth factors driving the market demand?
Table of Contents
137 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Manufacturing Route
- 7 Market Analysis by Material
- 8 Market Analysis by Powder Production Method
- 9 Market Analysis by Application
- 10 Company Profiles
- 11 Industry Chain Analysis
- 12 Research Findings and Conclusion
- 13 Appendix
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