Abstract
Summary
Global Metal Powder Market Size, Share, and Trends Analysis Report, By Type (Ferrous and Non-Ferrous), By Process (Atomization, Solid State Reduction, Electrolysis, and Other), By End-User Industry (Automotive, Aerospace & Defense, Medical, Building & Construction, and Others), Forecast Period 2022-2028
The global metal powder market is anticipated to grow at a substantial CAGR of 5.1% during the forecast period. The global metal powder market growth is driven by emerging market trends such as the increasing demand for high-purity metal powder from end-use industries, including aerospace and automotive, and increasing investments in powder production technologies to overcome performance by market players.
The global metal powder market is segmented based on type, process, and end-user industry. Based on type, the market is sub-segmented into ferrous and non-ferrous. Based on the process, the market is sub-categorized into atomization, solid-state reduction, electrolysis, and others. Based on the end-user industry, the market is segmented into automotive, aerospace & defense, medical, building & construction, and others. The automotive end-use segment is expected to hold the largest market share in the industry over the forecast period. Metal dust is used in this industry to manufacture complex components. Furthermore, technological advancement and increasing electric vehicle demand are expected to boost the demand during the forecast period.
Geographically, the metal powder market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific dominated the global metal powder market in 2021 and is expected to maintain its dominance over the forecast period due to the rapid growth of emerging countries in this region. Moreover, rising demand from the manufacturing sector and increasing disposable income are expected to fuel market growth in this region. North America is expected to grow significantly over the forecast period due to increasing demand from end-use industries and rising demand for lightweight electric vehicles.
The major market players in the global Metal Powder market include Advanced Technology & Materials Co., Ltd., Hoganas AB, Linde PLC, Sandvik AB, and among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Tethon Corporation Inc collaborated with Showa Denko America. The partnership has resulted in high-purity alumina for ceramic additive manufacturing. In May 2021, KBM Advanced Materials, LLC launched operations to finance, sell and distribute metal powders to companies in the additive manufacturing, metal injection mold, and broader advanced manufacturing markets, the leading consumers of these powders.
Research Methodology
The market study of the global Metal Powder is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.
The report provides an in-depth analysis of the market size and the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Metal Powder Research and Analysis by Type
2. Global Metal Powder Research and Analysis by Process
3. Global Metal Powder Research and Analysis by End-User Industry
The Report Covers
• Comprehensive research methodology of the global metal powder market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global metal powder market.
• Insights about market determinants that are stimulating the global metal powder market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
Table of Contents
1 Report Summary
1.1 Research Methods and Tools
1.2 Market Breakdown
1.2.1 By Segments
1.2.2 By Region
2 Market Overview and Insights
2.1 Scope of the Report
2.2 Analyst Insight & Current Market Trends
2.2.1 Key Findings
2.2.2 Recommendations
2.2.3 Conclusion
3 Competitive Landscape
3.1 Key Company Analysis
3.1.1 Overview
3.1.2 Financial Analysis
3.1.3 SWOT Analysis
3.1.4 Recent Developments
3.2 Key Strategy Analysis
4 Market Segmentation
4.1 Global Metal Powder Market by Type
4.1.1 Ferrous
4.1.2 Non-Ferrous
4.2 Global Metal Powder Market by Process
4.2.1 Atomization
4.2.2 Solid State Reduction
4.2.3 Electrolysis
4.2.4 Other
4.3 Global Metal Powder Market by End-User Industry
4.3.1 Automotive
4.3.2 Aerospace & Defense
4.3.3 Medical
4.3.4 Building & Construction
4.3.5 Other
5 Regional Analysis
5.1 North America
5.1.1 US
5.1.2 Canada
5.2 Europe
5.2.1 UK
5.2.2 Germany
5.2.3 Italy
5.2.4 Spain
5.2.5 France
5.2.6 Rest of Europe
5.3 Asia-Pacific
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 South Korea
5.3.5 Rest of Asia-Pacific
5.4 Rest of the World
6 Company Profiles
6.1 Allegheny Technologies Inc
6.2 American Chemet Corp
6.3 AMETEK, Inc
6.4 Burgess-Norton Manufacturing Co
6.5 Carpenter Technology Corp
6.6 Daido Steel Co., Ltd
6.7 Dowa Holdings Co., Ltd
6.8 Erasteel SAS
6.9 F. W. Winter Inc. & Co
6.10 Federal-Mogul Corp
6.11 Fine Sinter Co., Ltd
6.12 H.C. Starck GmbH
6.13 Hoeganaes Corp
6.14 Höganäs AB
6.15 JFE Steel Corp
6.16 Kennametal, Inc
6.17 Kobe Steel, Ltd
6.18 Kymera International
6.19 Norilsk Nickel
6.20 PMG Holding GmbH
6.21 Pometon SpA
6.22 Showa Denko Materials Co., Ltd
6.23 Sumitomo Electric Industries, Ltd