Sintered Steel Market Report 2026

The sintered steel market size has grown steadily in recent years. It will grow from $16.92 billion in 2025 to $17.68 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in automotive manufacturing, expansion of industrial machinery sector, increasing demand for high-strength steel components, adoption of conventional sintering techniques, rising use in electrical and drivetrain components.

The sintered steel market size is expected to see steady growth in the next few years. It will grow to $20.6 billion in 2030 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to rising demand for lightweight and high-strength sintered components, increasing adoption of additive manufacturing and powder forging, growth in automotive engine and transmission applications, technological advancements in sintering and metal injection molding, expansion of sintered steel use in electrical and industrial sectors. Major trends in the forecast period include rising adoption of powder metallurgy techniques, increasing use of tool and alloy steel components, growth in automotive and industrial engine applications, expansion of high-precision metal injection molding, development of cost-effective sintered steel products.

The sintered steel market is anticipated to experience substantial growth due to the rapid expansion of the construction industry. With its exceptional durability and resistance to corrosion, sintered steel is becoming a preferred material in various construction applications. This adoption enhances the safety, lifespan, and overall robustness of buildings and infrastructure. A significant uptick in construction investment, as indicated by the US Census Bureau's prediction of a rise to $1,983. 5 billion in August 2023, up 7. 4 percent from $1,847. 3 billion in August 2022, underscores the driving force of the sintered steel market's growth.

Leading companies in the sintered steel market are increasingly focusing on innovative processing technologies like metal injection molding (MIM) to meet the rising demand for producing small, intricate metal parts in large quantities. Metal injection molding combines plastic injection molding with powder metallurgy, allowing for the efficient and precise creation of small, complex metal components. For example, in June 2024, US-based technology firm Desktop Metal introduced the PureSinter Furnace, a high-purity, single-run debinding and sintering system. This system is designed for processing metal parts produced via additive manufacturing techniques like bound metal deposition and binder jetting, as well as traditional methods such as MIM and press and sinter. The PureSinter Furnace addresses common sintering contamination issues with a patent-pending design that includes hot walls to prevent buildup, ensuring an airtight environment for enhanced purity and efficiency. Capable of reaching temperatures up to 1,420°C, it supports various gases such as argon, nitrogen, forming gas, and air, and includes an advanced cooling system that eliminates the need for water cooling.

In June 2024, US-based private equity firm Continuim Equity Partners acquired Innovative Sintered Metals, Inc. for an undisclosed sum. The goal of the acquisition is to combine the expertise and resources of both companies to enhance product offerings and create new opportunities for customers in the powder metallurgy industry. Innovative Sintered Metals, Inc. is a US-based manufacturing company that specializes in powder metallurgy, focusing on the production of sintered metal components.

Major companies operating in the sintered steel market report are CNPC Powders Inc., Hitachi Chemical Co. Ltd., The Miba Group AG, ASCO Sintering Co., Sintercom India Ltd., AMES BARCELONA SINTERING S. A., Schunk Sinter Metals GmbH, Advanced Technology (Bazhou) Special Powder Ltd., Hoganas AB, Sintered Metal Corporation, Mirach Metallurgy Co., SSI Sintered Specialties LLC, Atlas Pressed Metals, Technymon Global Bearing Technologies S. r. l, Federal-Mogul Goetze Limited, Stackpole International Ltd., Tungsten Heavy Powder Inc., Umicore S. A., VAC AERO International Inc., Valtimet Oy.

Asia-Pacific was the largest region in the sintered steel market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the sintered steel market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sintered steel market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The sintered steel market consists of sales of copper steel, diffusion alloyed steel, and copper-infiltrated alloys. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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