Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Metal Powder Market: By Material, By Process, By Application, Additive Manufacturing, Others), By End User and Geography
Metal Powder Market size was valued at US$ 7,152.6 million in 2023 and is poised to grow at a CAGR of 7.7% from 2024 to 2030. The global market provides a detailed overview of the Market, which has been segmented by material, process, application, and end user. By material, the market has been segmented into Aluminum Powder, Copper Powder, Iron Powder, Molybdenum Powder, Nickel Powder, Stainless Steel Powder, Tungsten & Tungsten Carbide Powder, Other. The Aluminum Powder segment is likely the most significant and fastest-growing segment in terms of material. By process, the market has been segmented into Atomization, Solid State Reduction, Electrolysis, and Others.
The Atomization segment gains the maximum revenue share of the market. By application, the market has been segmented into Powder Metallurgy, Metal Injection Molding (MIM), Additive Manufacturing, and Others. The Metal Injection Molding (MIM) segment holds a significant revenue share in the market. Based on the end user, the is segmented into Automotive Industry, Aerospace & Defense Sector, Medical Sector, Building & Construction, and Others. According to precision business insights, the Automotive Industry segment is predicted to register the fastest growth rate during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
7.7%Largest Market
North AmericanFastest Growing Market
Asia-Pacific
Market expansion is anticipated by rising demand for sintered parts in the Asia Pacific region. The market for finished parts created from metal powder will probably continue to grow due to the constant production of automobiles, the high potential for consumers in Southeast Asian nations, India, and China, and the desire for medical products.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 7,152.6 million |
Market CAGR |
7.7% |
By Material |
|
By Process |
|
By Application |
|
By End User |
|
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The global metal powder market size was valued at US$ 7,152.6 million in 2023 and is poised to grow at a CAGR of 7.7% from 2024 to 2030.
The major players in the market are MolyWorks Materials Corporation, Advanced Technology & Materials Co., Ltd., GKN PLC, Hoganas AB, POLEMA, Rio Tinto Metal Powders, Rusal, Sandvik AB, CRS Holdings Inc., and Liberty House Group.
Asia-Pacific is the fastest-growing region for the Market
1. Executive Summary |
2. Global Metal Powder Market Introduction |
2.1. Global Metal Powder Market - Taxonomy |
2.2. Global Metal Powder Market -Definitions |
2.2.1. By Material |
2.2.2. By Process |
2.2.3. By Application |
2.2.4. By End User |
2.2.5. By Region |
3. Global Metal Powder Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Metal Powder Market Dynamic Factors - Impact Analysis |
3.6. Global Metal Powder Market - Competition Landscape |
4. Global Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Metal Powder Market, By Material, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.1. Aluminum Powder |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Copper Powder |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Iron Powder |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Molybdenum Powder |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Nickel Powder |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Stainless Steel Powder |
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Tungsten & Tungsten Carbide Powder |
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Others |
5.8.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
6. Global Metal Powder Market, By Process, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.1. Atomization |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Solid State Reduction |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Electrolysis |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Metal Powder Market, By Application, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.1. Powder Metallurgy |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Metal Injection Molding (MIM) |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Additive Manufacturing |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Metal Powder Market, By End User, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.1. Automotive Industry |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Aerospace & Defense Sector |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Medical Sector |
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Building & Construction |
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Others |
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. Global Metal Powder Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Region, 2024-2030 |
10. North America Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
10.1. Material Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Aluminum Powder |
10.1.2. Copper Powder |
10.1.3. Iron Powder |
10.1.4. Molybdenum Powder |
10.1.5. Nickel Powder |
10.1.6. Stainless Steel Powder |
10.1.7. Tungsten & Tungsten Carbide Powder |
10.1.8. Others |
10.2. Process Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Atomization |
10.2.2. Solid State Reduction |
10.2.3. Electrolysis |
10.2.4. Others |
10.3. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Powder Metallurgy |
10.3.2. Metal Injection Molding (MIM) |
10.3.3. Additive Manufacturing |
10.3.4. Others |
10.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Automotive Industry |
10.4.2. Aerospace & Defense Sector |
10.4.3. Medical Sector |
10.4.4. Building & Construction |
10.4.5. Others |
10.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Country, 2024-2030 |
10.7. North America Metal Powder Market Dynamics - Trends |
11. Europe Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
11.1. Material Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Aluminum Powder |
11.1.2. Copper Powder |
11.1.3. Iron Powder |
11.1.4. Molybdenum Powder |
11.1.5. Nickel Powder |
11.1.6. Stainless Steel Powder |
11.1.7. Tungsten & Tungsten Carbide Powder |
11.1.8. Others |
11.2. Process Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Atomization |
11.2.2. Solid State Reduction |
11.2.3. Electrolysis |
11.2.4. Others |
11.3. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Powder Metallurgy |
11.3.2. Metal Injection Molding (MIM) |
11.3.3. Additive Manufacturing |
11.3.4. Others |
11.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Automotive Industry |
11.4.2. Aerospace & Defense Sector |
11.4.3. Medical Sector |
11.4.4. Building & Construction |
11.4.5. Others |
11.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Rest of Europe |
11.6. Europe Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Country, 2024-2030 |
11.7. Europe Metal Powder Market Dynamics - Trends |
12. Asia-Pacific Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
12.1. Material Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Aluminum Powder |
12.1.2. Copper Powder |
12.1.3. Iron Powder |
12.1.4. Molybdenum Powder |
12.1.5. Nickel Powder |
12.1.6. Stainless Steel Powder |
12.1.7. Tungsten & Tungsten Carbide Powder |
12.1.8. Others |
12.2. Process Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Atomization |
12.2.2. Solid State Reduction |
12.2.3. Electrolysis |
12.2.4. Others |
12.3. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Powder Metallurgy |
12.3.2. Metal Injection Molding (MIM) |
12.3.3. Additive Manufacturing |
12.3.4. Others |
12.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Automotive Industry |
12.4.2. Aerospace & Defense Sector |
12.4.3. Medical Sector |
12.4.4. Building & Construction |
12.4.5. Others |
12.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. China |
12.5.2. India |
12.5.3. Japan |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Country, 2024-2030 |
12.7. Asia-Pacific Metal Powder Market Dynamics - Trends |
13. Latin America Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
13.1. Material Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Aluminum Powder |
13.1.2. Copper Powder |
13.1.3. Iron Powder |
13.1.4. Molybdenum Powder |
13.1.5. Nickel Powder |
13.1.6. Stainless Steel Powder |
13.1.7. Tungsten & Tungsten Carbide Powder |
13.1.8. Others |
13.2. Process Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Atomization |
13.2.2. Solid State Reduction |
13.2.3. Electrolysis |
13.2.4. Others |
13.3. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Powder Metallurgy |
13.3.2. Metal Injection Molding (MIM) |
13.3.3. Additive Manufacturing |
13.3.4. Others |
13.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Automotive Industry |
13.4.2. Aerospace & Defense Sector |
13.4.3. Medical Sector |
13.4.4. Building & Construction |
13.4.5. Others |
13.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Rest of Latin America |
13.6. Latin America Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Country, 2024-2030 |
13.7. Latin America Metal Powder Market Dynamics - Trends |
14. Middle East and Africa Metal Powder Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
14.1. Material Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Aluminum Powder |
14.1.2. Copper Powder |
14.1.3. Iron Powder |
14.1.4. Molybdenum Powder |
14.1.5. Nickel Powder |
14.1.6. Stainless Steel Powder |
14.1.7. Tungsten & Tungsten Carbide Powder |
14.1.8. Others |
14.2. Process Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Atomization |
14.2.2. Solid State Reduction |
14.2.3. Electrolysis |
14.2.4. Others |
14.3. Application Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Powder Metallurgy |
14.3.2. Metal Injection Molding (MIM) |
14.3.3. Additive Manufacturing |
14.3.4. Others |
14.4. End User Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Automotive Industry |
14.4.2. Aerospace & Defense Sector |
14.4.3. Medical Sector |
14.4.4. Building & Construction |
14.4.5. Others |
14.5. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. South Africa |
14.5.3. Rest of MEA |
14.6. MEA Metal Powder Market - Opportunity Analysis Index, By Material, Process, Application, End User, and Country, 2024-2030 |
14.7. MEA Metal Powder Market Dynamics - Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Alcoa, Inc. |
15.2.2. Allegheny Technologies, Inc. (ATI) |
15.2.3. BASF SE |
15.2.4. Carpenter Technology Corporation |
15.2.5. GKN PLC |
15.2.6. Hoganas AB |
15.2.7. Miba AG |
15.2.8. Rio Tinto PLC. |
15.2.9. Sandvik AB |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players