Global Powder Metallurgy Market 2022-2028
Powder metallurgy (PM) is a metal-forming process performed by heating compacted metal powders to just below their melting points. Over the past quarter century PM has become widely recognized as a superior way of producing high-quality parts for a variety of important applications. The global powder metallurgy market is anticipated to reach valuation of ~USD 32,130 million by 2028, representing a CAGR of 6.1% from 2022 to 2028 as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global powder metallurgy market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the powder metallurgy industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the metal type, end user, process, and region. The global market for powder metallurgy can be segmented by metal type: ferrous, non-ferrous. The ferrous segment held the largest revenue share in 2021. Powder metallurgy market is further segmented by end user: aerospace & defense, automotive & transportation, electrical & electronics, industrial machinery, power & energy, others. Based on process, the powder metallurgy market is segmented into: isostatic pressing, metal additive manufacturing, metal injection molding, press-and-sinter, others. On the basis of region, the powder metallurgy market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By metal type:
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