The global demand for Metal Powder Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX K Tons in 2021 and foreseen to touch XX K Tons by 2028 with a CAGR of XX% during 2022-2028.
Metal powder can be defined as a metal that has been crushed into a powder form. The various metals that can be established in powder form include nickel powder, aluminum powder, iron powder, and many more. Metal powders are considered as the base materials for the metallic component production through the emerging field of additive manufacturing or the conventional powder metallurgy route. There are diverse methods for producing metal powders, with each technique presenting different particle purity and morphology. These methods include machining, crushing (for brittle material), slotting, mechanical pulverization, atomization of liquid metal using water, nitrogen, argon, electrolysis, and reduction of metal oxides in hydrogen or using carbon.
Market Dynamics
The in-demand that leads to growing automotive production worldwide is the primary factor driving the Metal Powder market. Increasing penetration of additive manufacturing (AM) and metal injection molding (MIM) with high adoption of metal powder in varied industries such as logistics, electrical & electronics, industrial, construction, and others contributes to the Metal Powder market's growth. The expanding automotive and aerospace sectors are positively impacting the metal powder market's growth. Moreover, technological advancement, increasing demand for powder metallurgy manufactured components, and growing preference of metal powder for sustainable and innovative production technologies, are likely to generate profitable growth opportunities for key players of the Metal Powder market in the coming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of metal powder.
Market Segmentation
This section of the metal powder market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Material
By Technology
- Press & Sinter
- Metal Injection Molding
- Additive Manufacturing
- Others
By Application
- Automotive
- Aerospace & Defense
- Healthcare
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Metal Powder market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Metal Powder Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the metal powder market include MolyWorks Materials Corporation; Advanced Technology & Materials Co., Ltd.; GKN PLC; Hoganas AB; POLEMA; Rio Tinto Metal Powders; Rusal; Sandvik AB; CRS Holdings Inc.; Liberty House GroupS. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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