Global Powder Metallurgy Market Growth 2023-2029

Global Powder Metallurgy Market Growth 2023-2029

Powder metallurgy (PM) refers to processes by which materials or components are made from metal powders. PM processes can avoid, or greatly reduce, the need to use metal removal processes, thereby drastically reducing yield losses in manufacture and often resulting in lower costs. Powder metallurgy is also used to make unique materials impossible to melt or form in other ways.

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

This Insight Report provides a comprehensive analysis of the global Powder Metallurgy 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 Powder Metallurgy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Powder Metallurgy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powder Metallurgy 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 Powder Metallurgy.

The global Powder Metallurgy market size is projected to grow from US$ 7424.2 million in 2022 to US$ 9396.8 million in 2029; it is expected to grow at a CAGR of 9396.8 from 2023 to 2029.

Global Powder Metallurgy main players are GKN, Sumitomo Electric Industries, Hitachi Chemical, Fine Sinter, etc. Global top four manufacturers hold a share over 25%. North America is the largest market, with a share nearly 40%.

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

Market Segmentation:

Segmentation by type
Ferrous
Non-ferrous

Segmentation by application
Automotive
Electrical and Electronics
Industrial
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.
GKN
Sumitomo Electric Industries
Hitachi Chemical
Fine Sinter
Miba AG
Porite
PMG Holding
AAM
Hoganas AB
AMETEK Specialty Metal Products
Allegheny Technologies Incorporated
Burgess-Norton
Carpenter Technology
Diamet
Dongmu
Shanghai Automotive Powder Metallurgy
Weida

Key Questions Addressed in this Report

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

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

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

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

How does Powder Metallurgy 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.