Powder Metallurgy Market

Powder Metallurgy Market Size, Share, Growth Analysis, By Material(Titanium, Nickel), By Process(Additive Manufacturing, Powder bed), By Application(Aerospace & Defense, Automotive), By End-use(Original Equipment Manufacturers (OEMs), AM Operators), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG15J2029 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Powder Metallurgy Market Insights

Market Overview:

In 2020, the global market for powder metallurgy was valued at USD 2.11 billion, and from 2021 to 2028, it is anticipated to increase at a CAGR of 11.4%. The market growth is expected to be driven by the escalating use of additive manufacturing to reduce the weight of parts or components utilized in the aerospace, defense, and healthcare sectors.

Powder Metallurgy Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Diversified Metals & Mining by segment aggregation, the contribution of the Diversified Metals & Mining in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Powder Metallurgy was estimated to be valued at US$ XX Mn in 2021.

The global Powder Metallurgy Market is estimated to grow at a CAGR of XX% by 2028.

The global Powder Metallurgy Market is segmented on the basis of Material, Process, Application, End-use, Regional.

Based on region, the global Powder Metallurgy Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Powder Metallurgy Market are Molyworks Materials Corp., Advanced Technology & Materials Co., Ltd. (AT & M), JSC POLEMA, Sandvik AB, Hoganas AB, GKN PLC, Rio Tinto Metal Powders, Rusal, CRS Holdings Inc..

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Powder Metallurgy Market

Product ID: UCMIG15J2029

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