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Powder Metallurgy is a process used to produce metal parts from metal powders. It is a cost-effective and efficient way to produce components with complex shapes and tight tolerances. The process involves mixing metal powders with a binder, pressing the mixture into a desired shape, and then sintering the part in a furnace. The sintering process causes the particles to bond together, forming a solid part. The process is used to produce a wide range of components, from small precision parts to large structural components.
The Powder Metallurgy market is a subset of the Metals and Minerals industry. It is a growing market, driven by the increasing demand for precision components and the need for cost-effective production methods. The market is expected to continue to grow in the coming years, driven by the increasing demand for components in the automotive, aerospace, and medical industries.
Some companies in the Powder Metallurgy market include GKN Sinter Metals, Höganäs AB, Miba AG, and Carpenter Technology Corporation. Show Less Read more