
Metal Powder Market Size, Share, Trends, & Industry Analysis Report By Production Method (Chemical, Mechanical, and Physical), By Type, By Application, By End Use, and By Region – Market Forecast, 2025–2034
Description
The metal powder market size is expected to reach USD 11.94 billion by 2034, according to a new study by Polaris Market Research. The report “Metal Powder Market Share, Size, Trends, Industry Analysis Report: By Production Method (Chemical, Mechanical, and Physical), By Type, By Application, By End Use, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Metal powder refers to fine particles of various metals or alloys, produced through processes such as atomization, chemical reduction, or electrolysis. These powders are made from metals like iron, aluminum, copper, nickel, titanium, and precious metals such as silver and gold. The particle size and shape can be precisely controlled, allowing customization for specific industrial applications. Metal powders are primarily used in powder metallurgy, where they are compacted into a desired shape and then sintered to create strong, durable metal components. This method is widely used in manufacturing automotive parts, gears, and tools due to its cost-effectiveness and ability to produce near-net-shape components with minimal waste.
Additionally, metal powders are essential in additive manufacturing (3D printing), especially in techniques such as selective laser melting (SLM) and electron beam melting (EBM), enabling the creation of complex, high-strength parts for aerospace, medical, and defense industries. They are also used in coatings, welding, and as catalysts in chemical processes. Metal powders enhance performance in metal injection molding and are increasingly important in emerging technologies like fuel cells and battery electrodes.
Metal Powder Market Report Highlights
In terms of production method, the chemical segment accounted for 61.41% of the revenue share in 2024 due to its ability to deliver powders with high purity, controlled particle size, and superior surface properties.
Based on type, the ferrous segment accounted for 88.08% of the revenue share in 2024 due to its strength, durability, and cost-effectiveness.
In terms of application, the press & sinter segment held 72.84% of revenue share in 2024 due to manufacturers across automotive, industrial machinery, and consumer goods relied on this cost-efficient and highly scalable process to produce complex parts with excellent dimensional accuracy.
Based on end use, the automotive segment accounted for 69.00% of the revenue share in 2024 due to manufacturers' reliance on powder metallurgy to produce high-strength, lightweight, and cost-effective components.
Asia Pacific metal powder market held 40.41% of the global metal powder market share in 2024. This dominance is attributed to rapid industrialization, expanding manufacturing sectors, and growing investments in industries such as aerospace, automotive, and electronics.
The North America market is projected to hold a significant revenue share in 2034, driven by advancements in additive manufacturing, especially within the aerospace, defense, and healthcare sectors.
A few global key market players include 6K Additive; Advanced Technology & Materials Co., Ltd.; Alcoa Corporation; AMETEK Inc.; ATI Inc.; Carpenter Technology Corporation; GKN Powder Metallurgy; Höganäs AB; Kymera International; Rio Tinto Metal Powders; Sandvik AB.
Polaris Market Research has segmented the market report on the basis of production method, type, application, end use, and region:
By Production Method Outlook (Revenue, USD Billion, 2020–2034)
Chemical
Mechanical
Physical
By Type Outlook (Revenue, USD Billion, 2020–2034)
Ferrous
Non-ferrous
By Application Outlook (Revenue, USD Billion, 2020–2034)
Additive Manufacturing
Press & Sinter
Metal Injection Molding
Others
By End Use Outlook (Revenue, USD Billion, 2020–2034)
Automotive
Industrial
Aerospace & Defense
Construction
Healthcare
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Metal powder refers to fine particles of various metals or alloys, produced through processes such as atomization, chemical reduction, or electrolysis. These powders are made from metals like iron, aluminum, copper, nickel, titanium, and precious metals such as silver and gold. The particle size and shape can be precisely controlled, allowing customization for specific industrial applications. Metal powders are primarily used in powder metallurgy, where they are compacted into a desired shape and then sintered to create strong, durable metal components. This method is widely used in manufacturing automotive parts, gears, and tools due to its cost-effectiveness and ability to produce near-net-shape components with minimal waste.
Additionally, metal powders are essential in additive manufacturing (3D printing), especially in techniques such as selective laser melting (SLM) and electron beam melting (EBM), enabling the creation of complex, high-strength parts for aerospace, medical, and defense industries. They are also used in coatings, welding, and as catalysts in chemical processes. Metal powders enhance performance in metal injection molding and are increasingly important in emerging technologies like fuel cells and battery electrodes.
Metal Powder Market Report Highlights
In terms of production method, the chemical segment accounted for 61.41% of the revenue share in 2024 due to its ability to deliver powders with high purity, controlled particle size, and superior surface properties.
Based on type, the ferrous segment accounted for 88.08% of the revenue share in 2024 due to its strength, durability, and cost-effectiveness.
In terms of application, the press & sinter segment held 72.84% of revenue share in 2024 due to manufacturers across automotive, industrial machinery, and consumer goods relied on this cost-efficient and highly scalable process to produce complex parts with excellent dimensional accuracy.
Based on end use, the automotive segment accounted for 69.00% of the revenue share in 2024 due to manufacturers' reliance on powder metallurgy to produce high-strength, lightweight, and cost-effective components.
Asia Pacific metal powder market held 40.41% of the global metal powder market share in 2024. This dominance is attributed to rapid industrialization, expanding manufacturing sectors, and growing investments in industries such as aerospace, automotive, and electronics.
The North America market is projected to hold a significant revenue share in 2034, driven by advancements in additive manufacturing, especially within the aerospace, defense, and healthcare sectors.
A few global key market players include 6K Additive; Advanced Technology & Materials Co., Ltd.; Alcoa Corporation; AMETEK Inc.; ATI Inc.; Carpenter Technology Corporation; GKN Powder Metallurgy; Höganäs AB; Kymera International; Rio Tinto Metal Powders; Sandvik AB.
Polaris Market Research has segmented the market report on the basis of production method, type, application, end use, and region:
By Production Method Outlook (Revenue, USD Billion, 2020–2034)
Chemical
Mechanical
Physical
By Type Outlook (Revenue, USD Billion, 2020–2034)
Ferrous
Non-ferrous
By Application Outlook (Revenue, USD Billion, 2020–2034)
Additive Manufacturing
Press & Sinter
Metal Injection Molding
Others
By End Use Outlook (Revenue, USD Billion, 2020–2034)
Automotive
Industrial
Aerospace & Defense
Construction
Healthcare
Others
By Regional Outlook (Revenue, USD Billion, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
122 Pages
- Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objectives of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
- Chapter 2. Executive Summary
- Chapter 3. Research Methodology
- 3.1 Overview
- 3.1.1 Data Mining
- 3.2 Data Sources
- 3.2.1 Primary Sources
- 3.2.2 Secondary Sources
- Chapter 4. Metal Powder Market Insights
- 4.1 Metal Powder - Industry Snapshot
- 4.2 Metal Powder: Market Dynamics
- 4.2.1 Drivers and Opportunities
- 4.2.1.1 Growing demand for powder metallurgy
- 4.2.1.2 Growing demand in aerospace & defense sector
- 4.2.2 Restraints & Challenges
- 4.2.2.1 Price Volatility
- 4.3 Porter’s Five Forces Analysis
- 4.3.1 Bargaining Power of Supplier: Moderate
- 4.3.2 Bargaining Power of Buyers: Moderate
- 4.3.3 Threat of New Entrants: Low
- 4.3.4 Threat of Substitutes: Moderate
- 4.3.5 Industry Rivalry: High
- 4.4 PEST Analysis
- 4.5 Metal Powder: Value Chain Analysis
- 4.6 COVID-19 Impact Analysis
- 4.6.1 COVID-19 Introduction
- 4.6.2 COVID-19 Cases and Vaccination Statistics:
- 4.6.3 COVID-19 Impact on Metal Powder Market
- Chapter 5. Metal Powder Market Assessment by Production Method
- 5.1 Introduction
- 5.2 Chemical
- 5.3 Mechanical
- 5.4 Physical
- Chapter 6. Metal Powder Market Assessment by Type
- 6.1 Introduction
- 6.2 Ferrous
- 6.3 Non-ferrous
- Chapter 7. Metal Powder Market Assessment by Application
- 7.1 Introduction
- 7.2 Additive Manufacturing
- 7.3 Press & Sinter
- 7.4 Metal Injection Molding (MIM)
- 7.5 Others
- Chapter 8. Metal Powder Market Assessment by End-Use
- 8.1 Introduction
- 8.2 Automotive
- 8.3 Industrial
- 8.4 Aerospace & Defense
- 8.5 Construction
- 8.6 Healthcare
- 8.7 Others
- Chapter 9. Metal Powder Market Assessment by Region
- 9.1 Introduction
- 9.2 Metal Powder Market - North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Metal Powder Market - Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Netherlands
- 9.4 Metal Powder Market - Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Taiwan
- 9.4.6 Thailand
- 9.5 Metal Powder Market - Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.6 Metal Powder Market - Middle East & Africa (MEA)
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- Chapter 10. Competitive Landscape
- 10.1 Key Market Players: Categorization
- 10.2 Strategy Framework
- 10.3 Vendor Landscape
- 10.4 Strategies Categorization
- 10.4.1 Product Launches
- 10.4.2 Partnerships/Collaborations/Agreements
- 10.4.3 Expansions, Mergers, and Acquisitions
- Chapter 11. Company Profiles
- 11.1 Pometon Powder
- 11.1.1 Business Overview
- 11.1.2 Products and Services
- 11.1.3 Recent Developments
- 11.2 Rio Tinto
- 11.2.1 Business Overview
- 11.2.2 Financial Snapshot
- 11.2.3 Products and Services
- 11.2.4 Recent Developments
- 11.3 Hoganas AB
- 11.3.1 Business Overview
- 11.3.2 Financial Snapshot
- 11.3.3 Products and Services
- 11.3.4 Recent Developments
- 11.4 Showa Denko K.K.
- 11.4.1 Business Overview
- 11.4.2 Financial Snapshot
- 11.4.3 Products and Services
- 11.5 Miba AG
- 11.5.1 Business Overview
- 11.5.2 Products and Services
- 11.6 GKN PLC
- 11.6.1 Business Overview
- 11.6.2 Financial Snapshot
- 11.6.3 Products and Services
- 11.6.4 Recent Developments
- 11.7 CNPC Powders
- 11.7.1 Business Overview
- 11.7.2 Products and Services
- 11.8 Sandvik AB
- 11.8.1 Business Overview
- 11.8.2 Products and Services
- 11.8.3 Recent Developments
- 11.9 Hunan Hualiu New Materials Co., Ltd.
- 11.9.1 Business Overview
- 11.9.2 Products and Services
- 11.10 BASF SE
- 11.10.1 Business Overview
- 11.10.2 Financial Snapshot
- 11.10.3 Products and Services
- 11.10.4 Recent Developments
- 11.11 Carpenter Technology Corporation
- 11.11.1 Business Overview
- 11.11.2 Financial Snapshot
- 11.11.3 Products and Services
- 11.11.4 Recent Developments
- 11.12 POLEMA
- 11.12.1 Business Overview
- 11.12.2 Products and Services
- 11.12.3 Recent Developments
- 11.13 Advanced Technology & Materials Co., Ltd.
- 11.13.1 Business Overview
- 11.13.2 Products and Services
- 11.14 ATI
- 11.14.1 Business Overview
- 11.14.2 Financial Snapshot
- 11.14.3 Products and Services
- 11.15 Alcoa Corporation
- 11.15.1 Business Overview
- 11.15.2 Financial Snapshot
- 11.15.3 Products and Services
- 11.16 Yingtan Longding new Mstar Technology Ltd.
- 11.16.1 Business Overview
- 11.16.2 Products and Services
Pricing
Currency Rates
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