Global Metal Powder Market Growth 2023-2029

Global Metal Powder Market Growth 2023-2029

Metal Powder is usually the aggregate of metal particles less than 1 mm. There is no uniform rule for the division of grain size interval. The ultra-fine powder of 10.5 μ m ~ 10.5 μ m is called as ultra-fine powder in the range of 10.5 μ m ~ 10.5. Each powder particle may be a single crystal or composed of many crystals, depending on the particle size and preparation method.

Metal Powder is an important part of Engineering powder, which is widely used in machinery, metallurgy, chemical industry, aerospace materials. The development of automobile industry stimulates and drives the development of powder metallurgy industry. The market capacity of China's iron-based powder metallurgy keeps increasing by 7% every year. In recent years, China's national economy has developed steadily and rapidly. The development of automobile (motorcycle), household appliances, metallurgy, chemical industry and other major industries has led to the development of powder metallurgy industry. As its basic raw materials, iron-based and copper-based metal powders are bound to be developed.

LPI (LP Information)' newest research report, the “Metal Powder Industry Forecast” looks at past sales and reviews total world Metal Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Metal Powder sales for 2023 through 2029. With Metal Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metal Powder industry.

This Insight Report provides a comprehensive analysis of the global Metal Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metal Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Metal Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metal Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metal Powder.

The global Metal Powder market size is projected to grow from US$ 7986.4 million in 2022 to US$ 11300 million in 2029; it is expected to grow at a CAGR of 11300 from 2023 to 2029.

Global Metal Powder key players include Hoganas, Alcoa, Vale, etc. Global top three manufacturers hold a share about 30%.

North America is the largest market, with a share over 30%, followed by Asia-Pacific and Europe, both have a share over 50 percent.

In terms of product, Iron and Steel is the largest segment, with a share over 70%. And in terms of application, the largest application is Automotive, followed by Consumer Goods, Machinery, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Metal Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Steel Powder

Aluminum Powder

Copper Powder

Nickel Powder

Other

Segmentation by application

Automotive

Consumer Goods

Machinery

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Hoganas

GKN Hoeganaes

Rio Tinto Metal Powders

Shandong Lvyin New Material

JFE

Hangzhou Yitong

Alcoa

Shandong Xinfa

Hunan Jiweixin

Angang Group Aluminum Powder

GGP Metalpowder

Kymera International

GRICY

Vale

Jien Nickel

Xiamen Tungsten

Daido

Ametek

BASF

Sandvik AB

Carpenter Technology

Kennametal

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metal Powder market?

What factors are driving Metal Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metal Powder market opportunities vary by end market size?

How does Metal Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.