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Metal Powder Market Revenue, Industry Report 2023-2028



Metal Powder Market

The latest report by IMARC Group, titled,” Metal Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″,  offers a comprehensive analysis of the industry, which comprises insights on the metal powder market revenue. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global metal powder is expected to exhibit a growth rate (CAGR) of 5.12% during 2023-2028. Metal powder is a base material that is needed for the manufacturing of metallic components. It uses additive manufacturing and traditional powder metallurgy process to produce metallic components. The main properties of metal powder include the particle size distribution, particle shape, surface condition, and the powder’s structure. It finds extensive applications across the automotive, electrical, manufacturing, and medical industries.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Global Metal Powder Market Growth:

The global market is primarily driven by the widespread preference for sustainable manufacturing processes. Besides this, metal powder is extensively used in the healthcare industry to manufacture connecting plates, foot adaptor plates, blacking plates, surgery blades, forceps, graspers, and black hooks, due to which it is gaining widespread prominence. Moreover, the growing usage of metal powder in additive manufacturing or 3D printing is creating a positive outlook for the market. Additionally, the increasing product utilization in the automotive sector due to the introduction of new complex engine components that help in cutting costs is providing a boost to market growth.

Competitive Landscape with Key Players:

  • Advanced Technology & Materials Co. Ltd.
  • Allegheny Technologies Incorporated
  • Carpenter Technology Corporation
  • GKN Sinter Metals Engineering GmbH (Melrose Industries)
  • Höganäs AB
  • LIBERTY Steel Group
  • Molyworks Materials Corporation
  • Polema
  • RusAL
  • Sandvik AB

Also Read Full Blog: Top Metal Powder Manufacturers in the Worldwide

Breakup by Material:

  • Ferrous
  • Non-Ferrous

Breakup by Technology:

  • Pressing and Sintering
  • Metal Injection Molding
  • Additive Manufacturing
  • Others

Breakup by Application:

  • Automotive
  • Aerospace and Defense
  • Healthcare
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.