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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

Published Sep 01, 2025
Length 122 Pages
SKU # PLRS20451495

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

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
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