Metal Powder Market Report by Material (Ferrous, Non-Ferrous), Technology (Pressing and Sintering, Metal Injection Molding, Additive Manufacturing, and Others), Application (Automotive, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032

Metal Powder Market Report by Material (Ferrous, Non-Ferrous), Technology (Pressing and Sintering, Metal Injection Molding, Additive Manufacturing, and Others), Application (Automotive, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3721
Buy Now

Market Overview:

The global metal powder market size is expected to exhibit a growth rate (CAGR) of 4.61% during 2024-2032. The growing application in the automotive industry, rising utilization of iron powder, and increasing demand for structural components in various applications represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate 2024-2032 4.61%


Metal powders are alloys of metals that are processed into a fine and grain-like powder through several processes, such as atomization, chemical, electrolysis, and solid-state reduction. They are manufactured from stainless steel, brass, copper, iron, and bronze to achieve the desired material properties and characteristics for a particular application. They consume less energy, improve material utilization, and contain fewer steps during the manufacturing process. They are used to produce complex geometries, such as irregular curves, radial projections, keyways, splines, counterbores, bosses, and axial projections. They are also employed in powder metallurgy to make metal parts and components by heating compacted powdered metals below the melting point. They offer reduced manufacturing time, cost efficiency, high volume capability, minimal wastage, and enhanced recyclability. As a result, metal powders find applications in chemical processes, food supplements and additions, friction materials, magnetic composites, polymer filtration, printing, surface coatings, and welding.

Global Metal Powder Market

Metal Powder Market Trends:

At present, there is a rise in the utilization of metal powders to manufacture gears, shock absorbers, anti-lock braking systems (ABS), exhaust systems, chassis components, variable valve timing systems, exhaust gas recirculation (EGR) systems, and turbochargers. This, along with the increasing demand for metal powders to produce lightweight parts in the automotive industry, represents one of the key factors supporting the growth of the market. In addition, the growing employment of iron powder for making brake pads and magnetic products to lower brake weight, minimize noise, and reduce material usage is positively influencing the market. Besides this, the escalating demand for metal powders to improve the bulk properties of complex components, such as reactivity, flow ability, compressibility, porosity, and hardenability, is propelling the growth of the market. Moreover, there is an increase in the demand for structural components in various applications, such as agriculture machinery, motorcycles, and home appliances, around the world. This, coupled with the growing demand for lighter and thinner components with higher dimensional precision, sintering, and thermal processing, is offering a favorable market outlook. Apart from this, the increasing application of metal powders in electronic devices, such as electric car batteries and electronic gadgets, is strengthening the growth of the market. Additionally, the rising demand for metal powders in the healthcare industry to produce connecting and blacking plates, surgery blades, forceps, graspers, and blacking hooks is bolstering the growth of the market.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global metal powder market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on material, technology and application.

Material Insights:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Ferrous
  • Non-Ferrous
     

The report has provided a detailed breakup and analysis of the metal powder market based on the ferrous and non-ferrous. This includes ferrous and non-ferrous. According to the report, ferrous represented the largest segment.

Technology Insights:

  • Pressing and Sintering
  • Metal Injection Molding
  • Additive Manufacturing
  • Others
     

A detailed breakup and analysis of the metal powder market based on the technology has also been provided in the report. This includes pressing and sintering, metal injection molding, additive manufacturing, and others. According to the report, pressing and sintering accounted for the largest market share.

Application Insights:

  • Automotive
  • Aerospace and Defense
  • Healthcare
  • Others
     

A detailed breakup and analysis of the metal powder market based on the application has also been provided in the report. This includes automotive, aerospace and defense, healthcare, and others. According to the report, automotive accounted for the largest market share.

Regional Insights:

 

 
 

 

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for metal powder. Some of the factors driving the Asia Pacific metal powder market included the growing demand for metal powder for additive manufacturing, rising number of small and medium-sized component manufacturers, thriving automotive and aerospace industries, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global metal powder market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Advanced Technology & Materials Co. Ltd., Allegheny Technologies Incorporated, Carpenter Technology Corporation, GKN Sinter Metals Engineering GmbH (Melrose Industries), Höganäs AB, LIBERTY Steel Group, Molyworks Materials Corporation, Polema, RusAL, Sandvik AB, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Material, Technology, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advanced Technology & Materials Co. Ltd., Allegheny Technologies Incorporated, Carpenter Technology Corporation, GKN Sinter Metals Engineering GmbH (Melrose Industries), Höganäs AB, LIBERTY Steel Group, Molyworks Materials Corporation, Polema, RusAL and Sandvik AB
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the metal powder market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global metal powder market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the metal powder industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Key Questions Answered in This Report

We expect the global metal powder market to exhibit a CAGR of 4.61% during 2024-2032.

The increasing utilization of metal powder, such as high-strength steel, aluminum, magnesium alloys, etc., to aid in manufacturing lightweight automobile components is primarily driving the global metal powder market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for metal powder.

Based on the material, the global metal powder market can be segmented into ferrous and non-ferrous. Currently, ferrous holds the majority of the total market share.

Based on the technology, the global metal powder market has been divided into pressing and sintering, metal injection molding, additive manufacturing, and others. Among these, pressing and sintering currently exhibits a clear dominance in the market.

Based on the application, the global metal powder market can be categorized into automotive, aerospace and defense, healthcare, and others. Currently, the automotive industry accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global metal powder market include Advanced Technology & Materials Co. Ltd., Allegheny Technologies Incorporated, Carpenter Technology Corporation, GKN Sinter Metals Engineering GmbH (Melrose Industries), Höganäs AB, LIBERTY Steel Group, Molyworks Materials Corporation, Polema, RusAL, and Sandvik AB.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Metal Powder Market Report by Material (Ferrous, Non-Ferrous), Technology (Pressing and Sintering, Metal Injection Molding, Additive Manufacturing, and Others), Application (Automotive, Aerospace and Defense, Healthcare, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More