Metal Powder Market 2020 technology development demand overview industry growth rate top companies and key regions 2027

Research Reports

Mar 25, 2022

Metal powders are powders derived from metals and applied to other materials or objects to provide it with wear resistance and anti-corrosive properties. The global metal powder market report by Market Research Future (MRFR) looks at its applications in powder metallurgy and new production methods in fabrication. It looks at several trends and opportunities for the period of 2020 to 2027 (forecast period).

The Metal Powder Market is anticipated to exhibit a CAGR exceeding 3% during the forecast period. It is driven by a surge in industrialization and urbanization worldwide. Environmental regulations to lower the impacts of the metal industry can be beneficial to the market. The large need for automotive components can feel the need for metal powders in the coming years. Agreements between companies for encouraging modern fabrication methods can lead to new growth opportunities for the market.

The use of new processes such as additive manufacturing, metal injection and molding, and press and sinter can spur the need for metal powders. The manufacture of customized parts in complex shapes has led to the construction of metal powder facilities. Technological advancements are expected to lead the market into new waters.

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Competition Outlook

Sandvik AB, Carl Schlenk AG, Hoganas AB, American Chemet Corporation, Allegheny Technologies Incorporated, Rio Tinto, GKN Plc., Carpenter Technology Corporation, Hitachi Chemical Co., Ltd, and Metaldyne Performance Group Inc are major players of the global metal powder market.

Segmentation

The global metal powder market is segmented into type, production method, compaction technique, and end-user industry.

By type, the market is segmented into non-ferrous, ferrous, and others. The ferrous segment can dominate the global metal powder market owing to demand from construction and transportation sectors.

By production method, the global metal powder market is segmented into the physical method, chemical method, and mechanical method. The chemical method is predicted to lead the market till 2023.

By compaction technique, the market is bifurcated into cold compaction technique and hot compaction technique.

By end-user industry, the market is segmented into building and construction, transportation, electrical and electronics, and others.

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Regional Analysis

Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa (MEA) are regions covered in the global metal powder market.

APAC is expected to display a strong CAGR during the forecast period owing to rapid growth of industries and urbanization of cities. Shift of prominent companies from automotive and electrical & electronic sectors to the region due to tax breaks and cheap workforce can bolster regional market demand. The large population in India and China can act as a catalyst for the market owing to huge disposable income levels and penchant for new products. According to the State Council of Republic of China, investments in real estate by Chinese players can bode well for the global metal powder market.

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North America is another lucrative region for the global metal powder market owing to demand in end-use industries of building & construction, electronics, and others. The valuation of the construction industry is expected to touch USD 1.16 trillion in the U.S. Reconstruction projects and the move to urban areas is likely to culminate in huge dividends for the market.

The Europe metal powder market is primarily driven by sectors of electrical & electronics, automotive, and construction sectors. The growth of the metal fabrication industry combined with the simultaneous development of structures will bode well for the market revenue. Investments in real estate and research and development in the automotive sector due to need for lightweight vehicles can trigger the demand for metal powders, a necessity for ensuring its safety.

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1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Production Method

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

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4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Metal Powder Market

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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