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Metal Powder Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Metal Powder Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Metal Powder Market: By Material (Aluminum Powder, Copper Powder, Iron Powder, Molybdenum Powder, Nickel Powder, Stainless Steel Powder, Tungsten & Tungsten Carbide Powder, Other ), By Process (Atomization, Solid State Reduction, Electrolysis, Others), By Application (Powder Metallurgy, Metal Injection Molding (MIM), Additive Manufacturing, Others), By End User (Automotive Industry, Aerospace & Defense Sector, Medical Sector, Building & Construction, Others) and Geography

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Report

Description

Metal Powder Market will be valued at USD 7,152.6 million in 2021. It is expected to reach a value of USD 12,021.9 million by 2028, growing at a CAGR of 7.7% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Metal Powder Market, which has been segmented by material, process, application, and end user. By material, the Metal Powder 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 Metal Powder 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 Metal Powder 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 Metal Powder 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.

Key developments:

In Dec 2020, Sandvik AB acquired the Miranda Tools Business, including the manufacturing of solid carbide round tools and high-speed steel.

 

Metal Powder Market

MARKET SUMMARY
-
7.7%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 7.7%
  • Largest Market– North American
  • Fastest Growing Market– Asia-Pacific

Metal Powder Market

  • The Metal Powder Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Metal Powder Market is segmented based on material, process, application, end user and geography.
Key Players
  • Alcoa, Inc.
  • Allegheny Technologies, Inc. (ATI)
  • BASF SE
  • Carpenter Technology Corporation
  • GKN PLC
Metal Powder Market Drivers

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.

Asia Pacific Got Significant Share

Metal Powder Market

Asia Pacific market is expected to witness the largest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The Metal Powder Market provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Metal Powder Market covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Metal Powder Market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Metal Powder Market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Metal Powder Market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Metal Powder Market Segmentation

segmentation-block-image

Material

    • Aluminum Powder
    • Copper Powder
    • Iron Powder
    • Molybdenum Powder
    • Nickel Powder
    • Stainless Steel Powder
    • Tungsten & Tungsten Carbide Powder
    • Others
segmentation-block-image

Process

    • Atomization
    • Solid State Reduction
    • Electrolysis
    • Others
segmentation-block-image

Application

    • Powder Metallurgy
    • Metal Injection Molding (MIM)
    • Additive Manufacturing
    • Others
segmentation-block-image

End User

    • Automotive Industry
    • Aerospace & Defense Sector
    • Medical Sector
    • Building & Construction
    • Others
Location

GEOGRAPHY

Frequently Asked Questions

The Metal Powder Market is projected to expand at a CAGR of 7.7% during the forecast period

The major players in the global Metal Powder 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 Metal Powder Market

Report

Table Of Content

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, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Aluminum Powder
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Atomization
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Powder Metallurgy
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Automotive Industry
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2017-2021 and Forecast, 2022-2028 (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, 2022-2028
10. North America Metal Powder Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Material Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
10.7. North America Metal Powder Market Dynamics – Trends
11. Europe Metal Powder Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Material Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
11.7. Europe Metal Powder Market Dynamics – Trends
12. Asia-Pacific Metal Powder Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Material Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
12.7. Asia-Pacific Metal Powder Market Dynamics – Trends
13. Latin America Metal Powder Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Material Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
13.7. Latin America Metal Powder Market Dynamics – Trends
14. Middle East and Africa Metal Powder Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Material Analysis 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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 2017-2021 and Forecast 2022-2028 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, 2022-2028
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
Report

Company Profile

  • Alcoa, Inc.
  • Allegheny Technologies, Inc. (ATI)
  • BASF SE
  • Carpenter Technology Corporation
  • GKN PLC
  • Hoganas AB
  • Miba AG
  • Rio Tinto PLC.

Description

Metal Powder Market will be valued at USD 7,152.6 million in 2021. It is expected to reach a value of USD 12,021.9 million by 2028, growing at a CAGR of 7.7% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Metal Powder Market, which has been segmented by material, process, application, and end user. By material, the Metal Powder 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 Metal Powder 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 Metal Powder 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 Metal Powder 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.

Key developments:

In Dec 2020, Sandvik AB acquired the Miranda Tools Business, including the manufacturing of solid carbide round tools and high-speed steel.

 

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