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Powder Metallurgy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 139 Pages
  • June 2023
  • Region: Global
  • IMARC Group
  • ID: 5562347
The global powder metallurgy market size reached US$ 2.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 9.7% during 2023-2028.

Powder metallurgy (PM) refers to a group of advanced processes that involve synthesizing, processing and shaping different materials. It also comprises mixing metal and reinforcement powders, powder compaction to produce green materials, and sintering, which is generally followed by a deformation process like hot extrusion. As it reduces scrap losses by minimizing or eliminating chip removal, PM finds extensive applications in the aerospace and electronics industries across the globe.

Powder Metallurgy Market Trends:

The thriving automotive sector represents one of the key factors bolstering the growth of the market. Moreover, PM enables the manufacturing of materials with a high melting point, which is challenging to produce using the casting method. As a result, it is used in hardware, washing machines, power tools, copiers and postage meters, hunting knives, hydraulic assemblies, fuel cells, X-ray shielding, and oil and gas drilling well-head components. Apart from this, PM is utilized in the production of porous implants that increase the adhesion between the bone tissue and the implant as it is favorable for transporting body fluid. This, along with the increasing adoption of 3D printing or additive manufacturing (AM), is positively influencing the market. Furthermore, there is a rise in the use of aluminum alloys in electric module packaging, electronic technology, automotive body structure, wind, and solar energy management on account of their conductivity and high strength and processability. Besides this, market players operating in the industry are considerably investing in research and development (R&D) activities to propel their overall sales and profitability. Other factors facilitating the growth of the market include technological advancements and the rising number of air travelers around the world.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global powder metallurgy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material, manufacturing process and application.

Breakup by Type:

  • Ferrous
  • Non-Ferrous

Breakup by Material:

  • Titanium
  • Steel
  • Nickel
  • Aluminum
  • Others

Breakup by Manufacturing Process:

  • Additive Manufacturing
  • Powder Bed
  • Blown Powder
  • Metal Injection Molding
  • Powder Metal Hot Isostatic Pressing
  • Others

Breakup by Application:

  • Automotive
  • Aerospace
  • Electrical and Electronics
  • Oil and Gas
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Carpenter Corporation, Catalus Corporation, Comtec Mfg.Inc., Fine Sinter Co. Ltd., Horizon Technology Inc., Melrose Industries PLC, Perry Tool & Research Inc., Phoenix Sintered Metals LLC, Precision Sintered Parts LLC, Sandvik AB and Sumitomo Electric Industries Ltd.

Key Questions Answered in This Report

1. What was the size of the global powder metallurgy market in 2022?
2. What is the expected growth rate of the global powder metallurgy market during 2023-2028?
3. What are the key factors driving the global powder metallurgy market?
4. What has been the impact of COVID-19 on the global powder metallurgy market?
5. What is the breakup of the global powder metallurgy market based on the type?
6. What is the breakup of the global powder metallurgy market based on the material?
7. What is the breakup of the global powder metallurgy market based on the manufacturing process?
8. What is the breakup of the global powder metallurgy market based on the application
9. What are the key regions in the global powder metallurgy market?
10. Who are the key players/companies in the global powder metallurgy market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Powder Metallurgy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Ferrous
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-Ferrous
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Titanium
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Steel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Nickel
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Aluminum
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Manufacturing Process
8.1 Additive Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Powder Bed
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Blown Powder
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Metal Injection Molding
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Powder Metal Hot Isostatic Pressing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Aerospace
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Electrical and Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Oil and Gas
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BASF SE
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Carpenter Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Catalus Corportation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Comtec Mfg.Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Fine Sinter Co. Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Horizon Technology Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Melrose Industries PLC
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Perry Tool & Research Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Phoenix Sintered Metals LLC
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Precision Sintered Parts LLC
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Sandvik AB
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Sumitomo Electric Industries Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Powder Metallurgy Market: Major Drivers and Challenges
Figure 2: Global: Powder Metallurgy Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Powder Metallurgy Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Powder Metallurgy Market: Breakup by Type (in %), 2022
Figure 5: Global: Powder Metallurgy Market: Breakup by Material (in %), 2022
Figure 6: Global: Powder Metallurgy Market: Breakup by Manufacturing Process (in %), 2022
Figure 7: Global: Powder Metallurgy Market: Breakup by Application (in %), 2022
Figure 8: Global: Powder Metallurgy Market: Breakup by Region (in %), 2022
Figure 9: Global: Powder Metallurgy (Ferrous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Powder Metallurgy (Ferrous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Powder Metallurgy (Non-Ferrous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Powder Metallurgy (Non-Ferrous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Powder Metallurgy (Titanium) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Powder Metallurgy (Titanium) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Powder Metallurgy (Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Powder Metallurgy (Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Powder Metallurgy (Nickel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Powder Metallurgy (Nickel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Powder Metallurgy (Aluminum) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Powder Metallurgy (Aluminum) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Powder Metallurgy (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Powder Metallurgy (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Powder Metallurgy (Additive Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Powder Metallurgy (Additive Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Powder Metallurgy (Powder Bed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Powder Metallurgy (Powder Bed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Powder Metallurgy (Blown Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Powder Metallurgy (Blown Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Powder Metallurgy (Metal Injection Molding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Powder Metallurgy (Metal Injection Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Powder Metallurgy (Powder Metal Hot Isostatic Pressing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Powder Metallurgy (Powder Metal Hot Isostatic Pressing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Powder Metallurgy (Other Manufacturing Process) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Powder Metallurgy (Other Manufacturing Process) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Powder Metallurgy (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Powder Metallurgy (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Powder Metallurgy (Aerospace) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Powder Metallurgy (Aerospace) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Powder Metallurgy (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Powder Metallurgy (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Powder Metallurgy (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Powder Metallurgy (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Powder Metallurgy (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Powder Metallurgy (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: North America: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: North America: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: United States: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: United States: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Canada: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Canada: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Asia-Pacific: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Asia-Pacific: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: China: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: China: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Japan: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Japan: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: India: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: India: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: South Korea: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: South Korea: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Australia: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Australia: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Indonesia: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Indonesia: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Europe: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Europe: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Germany: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Germany: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: France: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: France: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: United Kingdom: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: United Kingdom: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Italy: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Italy: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Spain: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Spain: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Russia: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Russia: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Latin America: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Latin America: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Brazil: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Brazil: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Mexico: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Mexico: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Others: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Others: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Middle East and Africa: Powder Metallurgy Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Middle East and Africa: Powder Metallurgy Market: Breakup by Country (in %), 2022
Figure 93: Middle East and Africa: Powder Metallurgy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Global: Powder Metallurgy Industry: SWOT Analysis
Figure 95: Global: Powder Metallurgy Industry: Value Chain Analysis
Figure 96: Global: Powder Metallurgy Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Powder Metallurgy Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Powder Metallurgy Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Powder Metallurgy Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 4: Global: Powder Metallurgy Market Forecast: Breakup by Manufacturing Process (in Million US$), 2023-2028
Table 5: Global: Powder Metallurgy Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Powder Metallurgy Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Powder Metallurgy Market: Competitive Structure
Table 8: Global: Powder Metallurgy Market: Key Players

Companies Mentioned

  • BASF SE
  • Carpenter Corporation
  • Catalus Corporation
  • Comtec Mfg.Inc.
  • Fine Sinter Co. Ltd.
  • Horizon Technology Inc.
  • Melrose Industries PLC
  • Perry Tool & Research Inc.
  • Phoenix Sintered Metals LLC
  • Precision Sintered Parts LLC
  • Sandvik AB
  • Sumitomo Electric Industries Ltd.

Methodology

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Table Information