Global Metal Powder Market Size study, By Metal form (Scrap/Recycled metals, Ore/Pure metal), By Type (Ferrous, Non-ferrous, Others), By Production Method (Physical, Chemical, Mechanical), By Compaction Technique (Cold compaction, Hot compaction), By Application (Transportation & logistics, Industrial, Construction, Electrical & electronics, Others), and Regional Forecasts 2022-2028Global Metal Powder Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.
Metal powder is a metal that has been shattered into a powder type that is available in residue form which includes nickel powder, aluminum powder, copper powder, iron powder, and many more. This powder is used in the process of filling plastics, thermal spraying, and manufacturing sintered parts among others. The growing demand from the automobile and construction sector, technological developments in the metal powder industry, and rising application of the metal powder in applications such as healthcare, firearms, electronics, industrial and many others are the chief factors that may surge the market demand around the world. For instance, in July 2019, Hogans AB established to develop the company's metal powder manufacture facility in USA, that aims to accumulate a few production abilities to support additive manufacturing along with further technologies. However, the high initial capital investment required impedes the growth of the market over the forecast period of 2022-2028. Also, powder metallurgy being recognized as green technology and is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Metal Powder market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the emergence of novel technologies in the metal power industry, and the growth of the manufacturing sector. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing production of automotive components, as well as rising FDI investments in the electrical & electronics sector, would create lucrative growth prospects for the Metal Powder market across the Asia-Pacific region.
Major market players included in this report are:
llegheny Technologies Incorporated
American Axle & Manufacturing, Inc.
American Chemet Corp.
AMETEK Specialty Metal Products
Burgess-Norton Manufacturing Company
Carpenter Technology Corporation
Daido Steel Co, Ltd.
Hitachi Chemical Company
Diamet Corporation
Dowa Holdings Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Metal form offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Metal form:
Scrap/Recycled metals
Ore/Pure metal
By Type:
Ferrous
Non-ferrous
Others
By Production Method:
Physical
Chemical
Mechanical
By Compaction Technique:
Cold compaction
Hot compaction
By Application:
Transportation & logistics
Industrial
Construction
Electrical & electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Metal Powder Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
llegheny Technologies Incorporated