The global market for Sintered Steel was estimated at US$140.9 Million in 2024 and is projected to reach US$182.9 Million by 2030, growing at a CAGR of 4.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Sintered Steel market.
Global Sintered Steel Market - Key Trends and Drivers Summarized
How Is Sintered Steel Reshaping Modern Manufacturing?
Sintered steel is a key material in powder metallurgy, known for its high strength, wear resistance, and cost-effectiveness. Produced by compacting and heating metal powders to form a solid mass, sintered steel is widely used in industries such as automotive, aerospace, machinery, and electronics. It offers advantages like reduced waste, precise shape control, and enhanced mechanical properties, making it an ideal choice for manufacturing complex components such as gears, bearings, and engine parts. As industries seek sustainable and efficient production methods, sintered steel is gaining traction as a critical material for both mass production and specialized applications.What Are the Key Segments in the Sintered Steel Market?
Major types include alloyed sintered steel, stainless sintered steel, and soft magnetic sintered steel, with alloyed sintered steel holding the largest market share due to its enhanced strength and versatility in automotive and machinery applications. Key applications cover gears, bearings, structural parts, and magnetic components, with gears representing a significant segment as sintered steel provides excellent wear resistance and load-bearing capacity. End-user industries include automotive, aerospace, industrial machinery, and electronics, with the automotive sector leading the market due to its extensive use of sintered components in engines, transmissions, and chassis systems.How Is Sintered Steel Being Integrated Across Various Industries?
In the automotive industry, sintered steel is used in manufacturing gears, engine components, and exhaust systems, where its strength, wear resistance, and cost-efficiency contribute to improved performance and fuel efficiency. The aerospace sector employs sintered steel for lightweight structural components, turbine parts, and landing gear systems, benefiting from the material`s high strength-to-weight ratio and precision. In the machinery industry, sintered steel components are utilized in hydraulic systems, compressors, and power tools, providing durability and reduced maintenance needs. The electronics industry uses sintered steel in soft magnetic components, which are essential for electromagnetic applications like transformers and inductors. Additionally, advancements in powder metallurgy, such as 3D printing and additive manufacturing, have expanded the potential of sintered steel in producing complex, custom-designed parts with minimal material waste.What Factors Are Driving the Growth in the Sintered Steel Market?
The growth in the Sintered Steel market is driven by several factors, including the increasing demand for lightweight, high-strength materials across automotive, aerospace, and machinery sectors. The rise of electric vehicles (EVs) has accelerated the adoption of sintered steel components in engines, transmissions, and braking systems, where efficiency and durability are critical. Advancements in powder metallurgy, such as improved alloy compositions and additive manufacturing, have enhanced the mechanical properties and production capabilities of sintered steel, supporting broader applications. The focus on sustainable manufacturing processes, which emphasize material efficiency and waste reduction, has further fueled demand for sintered steel. Additionally, growing investments in infrastructure and industrial automation have expanded the use of sintered steel in heavy machinery, robotics, and power tools, contributing to market growth.SCOPE OF STUDY:
The report analyzes the Sintered Steel market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Application (Automotive, Machinery & Tools, Other Applications)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Automotive segment, which is expected to reach US$129.7 Million by 2030 with a CAGR of a 4.4%. The Machinery & Tools segment is also set to grow at 4.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $37.7 Million in 2024, and China, forecasted to grow at an impressive 7.4% CAGR to reach $38.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sintered Steel Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sintered Steel Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Sintered Steel Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Acerinox S.A., AMES Sintering Metallic Components, Aperam, ArcelorMittal, ASCO Sintering and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 42 companies featured in this Sintered Steel market report include:
- Acerinox S.A.
- AMES Sintering Metallic Components
- Aperam
- ArcelorMittal
- ASCO Sintering
- GKN PLC
- Hitachi Chemical
- JSCMS
- Mirach Metallurgy Co., Ltd.
- Nippon Steel Corporation
- Outokumpu
- POSCO
- RTI Industries
- Samvardhana Motherson
- Sandmeyer Steel Company
- Sandvik AB
- Schmolz+Bickenbach AG
- Schunk Sinter Metals
- Sintercom India
- Sumitomo Electric Industries
- Synalloy Corporation
- The Miba Group
- thyssenkrupp Stainless GmbH
- Viraj Profiles Limited
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acerinox S.A.
- AMES Sintering Metallic Components
- Aperam
- ArcelorMittal
- ASCO Sintering
- GKN PLC
- Hitachi Chemical
- JSCMS
- Mirach Metallurgy Co., Ltd.
- Nippon Steel Corporation
- Outokumpu
- POSCO
- RTI Industries
- Samvardhana Motherson
- Sandmeyer Steel Company
- Sandvik AB
- Schmolz+Bickenbach AG
- Schunk Sinter Metals
- Sintercom India
- Sumitomo Electric Industries
- Synalloy Corporation
- The Miba Group
- thyssenkrupp Stainless GmbH
- Viraj Profiles Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 183 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 140.9 Million |
| Forecasted Market Value ( USD | $ 182.9 Million |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
