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Powder Metallurgy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Jun 14, 2023
Length 139 Pages
SKU # IMRC18014991

Description

Powder Metallurgy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global powder metallurgy market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 9.7% during 2023-2028.

Powder metallurgy (PM) refers to a group of advanced processes that involve synthesizing, processing and shaping different materials. It also comprises mixing metal and reinforcement powders, powder compaction to produce green materials, and sintering, which is generally followed by a deformation process like hot extrusion. As it reduces scrap losses by minimizing or eliminating chip removal, PM finds extensive applications in the aerospace and electronics industries across the globe.

Powder Metallurgy Market Trends:
The thriving automotive sector represents one of the key factors bolstering the growth of the market. Moreover, PM enables the manufacturing of materials with a high melting point, which is challenging to produce using the casting method. As a result, it is used in hardware, washing machines, power tools, copiers and postage meters, hunting knives, hydraulic assemblies, fuel cells, X-ray shielding, and oil and gas drilling well-head components. Apart from this, PM is utilized in the production of porous implants that increase the adhesion between the bone tissue and the implant as it is favorable for transporting body fluid. This, along with the increasing adoption of 3D printing or additive manufacturing (AM), is positively influencing the market. Furthermore, there is a rise in the use of aluminum alloys in electric module packaging, electronic technology, automotive body structure, wind, and solar energy management on account of their conductivity and high strength and processability. Besides this, market players operating in the industry are considerably investing in research and development (R&D) activities to propel their overall sales and profitability. Other factors facilitating the growth of the market include technological advancements and the rising number of air travelers around the world.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global powder metallurgy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material, manufacturing process and application.

Breakup by Type:

Ferrous
Non-Ferrous

Breakup by Material:

Titanium
Steel
Nickel
Aluminum
Others

Breakup by Manufacturing Process:

Additive Manufacturing
Powder Bed
Blown Powder
Metal Injection Molding
Powder Metal Hot Isostatic Pressing
Others

Breakup by Application:

Automotive
Aerospace
Electrical and Electronics
Oil and Gas
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Carpenter Corporation, Catalus Corporation, Comtec Mfg.Inc., Fine Sinter Co. Ltd., Horizon Technology Inc., Melrose Industries PLC, Perry Tool & Research Inc., Phoenix Sintered Metals LLC, Precision Sintered Parts LLC, Sandvik AB and Sumitomo Electric Industries Ltd.

Key Questions Answered in This Report

1. What was the size of the global powder metallurgy market in 2022?
2. What is the expected growth rate of the global powder metallurgy market during 2023-2028?
3. What are the key factors driving the global powder metallurgy market?
4. What has been the impact of COVID-19 on the global powder metallurgy market?
5. What is the breakup of the global powder metallurgy market based on the type?
6. What is the breakup of the global powder metallurgy market based on the material?
7. What is the breakup of the global powder metallurgy market based on the manufacturing process?
8. What is the breakup of the global powder metallurgy market based on the application
9. What are the key regions in the global powder metallurgy market?
10. Who are the key players/companies in the global powder metallurgy market?

Table of Contents

139 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Powder Metallurgy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Ferrous
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-Ferrous
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Titanium
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Steel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Nickel
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Aluminum
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Manufacturing Process
8.1 Additive Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Powder Bed
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Blown Powder
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Metal Injection Molding
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Powder Metal Hot Isostatic Pressing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aerospace
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Electrical and Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Oil and Gas
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12Value Chain Analysis
13Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14Price Analysis
15Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BASF SE
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Carpenter Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Catalus Corportation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Comtec Mfg.Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Fine Sinter Co. Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Horizon Technology Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Melrose Industries PLC
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Perry Tool & Research Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Phoenix Sintered Metals LLC
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Precision Sintered Parts LLC
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Sandvik AB
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Sumitomo Electric Industries Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis

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