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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334663
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1334663
Global Sintered Steel Market Size study & Forecast, by Steel Type, by Process (Metal Injection, Additive Manufacturing, Conventional Manufacturing, Powder Forged Manufacturing), by Application, by End Use Industry and Regional Analysis, 2023-2030
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Global Sintered Steel Market is valued approximately at USD 23.5 billion in 2022 and is anticipated to grow with a growth rate of more than 3.9% over the forecast period 2023-2030. Sintered steel refers to a specialized metal manufacturing process that involves compacting metal powders under high pressure and then subjecting them to controlled heat to fuse the particles together, resulting in a solid and durable material. This process eliminates the need for traditional machining or casting methods and enables the production of complex shapes and precise components with excellent strength, dimensional accuracy, and cost-effectiveness. Sintered steel finds application in various industries, including automotive, aerospace, industrial machinery, and electrical appliances, where it offers lightweight properties, enhanced structural integrity, and the ability to meet specific performance requirements. The driving factors boosting the market growth are growing automotive industry and growing construction and infrastructure projects.
According to Statista, in 2021, the global market for automotive manufacturing was estimated to be worth USD 2.86 trillion. In 2022, the market is anticipated to increase to over USD 2.95 trillion. Moreover, growing demand for electric vehicles (EVs) and technological advancement in powder metallurgy may create lucrative opportunities for the market growth. However, the high production costs and limited design flexibility stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Sintered Steel Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share due to the rising demand for lightweight materials, high-quality and precision parts in the automotive & aerospace industries. However, Asia Pacific region is expected to be the fastest growing region during the forecast period, owing to factors such as increasing disposable income, rapid industrialization and urbanization, and increasing consumption of sintered steel in various end-use industries.
Major market player included in this report are:
- Sumitomo Electric Industries Limited
- GKN Powder Metallurgy
- Samvardhana Motherson Group
- The Miba Group
- ASCO Sintering Co.
- Schunk Sinter Metals
- AMES Sintering Metallic Components
- Sintercom India Ltd.
- Changsha Hualiu Metal Powders Ltd
- United States Metal Powders
Recent Developments in the Market:
- In May 2023, Sumitomo Electric Industries, Ltd. Collaborated with the National Institute of Information and Communications Technology (NICT) and achieved a significant development in optical fiber technology.
- In March 2023, Sumitomo Electric Industries Ltd. and US Cone Ltd. have signed a legally binding licence agreement that will enable Sumitomo Electric Lightwave Corp. to manufacture MMC connector and TMT ferrule components for use in the deployment of next-generation, high-density, multi-fiber cable solutions.
Global Sintered Steel Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Steel Type, Process, Application, End Use Industry, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Steel Type:
- Stainless Steel
- Carbon Steel
- Alloy Steel
- Tool Steel
By Process:
- Metal Injection Molding (Mim)
- Additive Manufacturing (Am)
- Conventional Manufacturing
- Powder Forged Manufacturing
By Application:
- Engines
- Transmissions
- Bodies
- Chassis
- Drivetrains
- Electric Appliances
- Others
By End Use Industry:
- Transportation
- Electrical
- Industrial
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Sintered Steel Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Sintered Steel Market, by Steel Type, 2020-2030 (USD Billion)
- 1.2.3. Sintered Steel Market, by Process, 2020-2030 (USD Billion)
- 1.2.4. Sintered Steel Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. Sintered Steel Market, by End Use Industry, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Sintered Steel Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Sintered Steel Market Dynamics
- 3.1. Sintered Steel Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing automotive industry
- 3.1.1.2. Growing construction and infrastructure projects
- 3.1.2. Market Challenges
- 3.1.2.1. High production cost
- 3.1.2.2. Limited design flexibility
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing demand for electric vehicles (EVs)
- 3.1.3.2. Technological advancement in powder metallurgy
- 3.1.1. Market Drivers
Chapter 4. Global Sintered Steel Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Sintered Steel Market, by Steel Type
- 5.1. Market Snapshot
- 5.2. Global Sintered Steel Market by Steel Type, Performance - Potential Analysis
- 5.3. Global Sintered Steel Market Estimates & Forecasts by Steel Type 2020-2030 (USD Billion)
- 5.4. Sintered Steel Market, Sub Segment Analysis
- 5.4.1. Stainless Steel
- 5.4.2. Carbon Steel
- 5.4.3. Alloy Steel
- 5.4.4. Tool Steel
Chapter 6. Global Sintered Steel Market, by Process
- 6.1. Market Snapshot
- 6.2. Global Sintered Steel Market by Process, Performance - Potential Analysis
- 6.3. Global Sintered Steel Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
- 6.4. Sintered Steel Market, Sub Segment Analysis
- 6.4.1. Metal Injection Molding (Mim)
- 6.4.2. Additive Manufacturing (Am)
- 6.4.3. Conventional Manufacturing
- 6.4.4. Powder Forged Manufacturing
Chapter 7. Global Sintered Steel Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Sintered Steel Market by Application, Performance - Potential Analysis
- 7.3. Global Sintered Steel Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Sintered Steel Market, Sub Segment Analysis
- 7.4.1. Engines
- 7.4.2. Transmissions
- 7.4.3. Bodies
- 7.4.4. Chassis
- 7.4.5. Drivetrains
- 7.4.6. Electric Appliances
- 7.4.7. Others
Chapter 8. Global Sintered Steel Market, by End Use Industry
- 8.1. Market Snapshot
- 8.2. Global Sintered Steel Market by End Use Industry, Performance - Potential Analysis
- 8.3. Global Sintered Steel Market Estimates & Forecasts by End Use Industry 2020-2030 (USD Billion)
- 8.4. Sintered Steel Market, Sub Segment Analysis
- 8.4.1. Transportation
- 8.4.2. Electrical
- 8.4.3. Industrial
- 8.4.4. Others
Chapter 9. Global Sintered Steel Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Sintered Steel Market, Regional Market Snapshot
- 9.4. North America Sintered Steel Market
- 9.4.1. U.S. Sintered Steel Market
- 9.4.1.1. Steel Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Process breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. End Use Industry breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Sintered Steel Market
- 9.4.1. U.S. Sintered Steel Market
- 9.5. Europe Sintered Steel Market Snapshot
- 9.5.1. U.K. Sintered Steel Market
- 9.5.2. Germany Sintered Steel Market
- 9.5.3. France Sintered Steel Market
- 9.5.4. Spain Sintered Steel Market
- 9.5.5. Italy Sintered Steel Market
- 9.5.6. Rest of Europe Sintered Steel Market
- 9.6. Asia-Pacific Sintered Steel Market Snapshot
- 9.6.1. China Sintered Steel Market
- 9.6.2. India Sintered Steel Market
- 9.6.3. Japan Sintered Steel Market
- 9.6.4. Australia Sintered Steel Market
- 9.6.5. South Korea Sintered Steel Market
- 9.6.6. Rest of Asia Pacific Sintered Steel Market
- 9.7. Latin America Sintered Steel Market Snapshot
- 9.7.1. Brazil Sintered Steel Market
- 9.7.2. Mexico Sintered Steel Market
- 9.8. Middle East & Africa Sintered Steel Market
- 9.8.1. Saudi Arabia Sintered Steel Market
- 9.8.2. South Africa Sintered Steel Market
- 9.8.3. Rest of Middle East & Africa Sintered Steel Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Sumitomo Electric Industries Limited
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. GKN Powder Metallurgy
- 10.3.3. Samvardhana Motherson Group
- 10.3.4. The Miba Group
- 10.3.5. ASCO Sintering Co.
- 10.3.6. Schunk Sinter Metals
- 10.3.7. AMES Sintering Metallic Components
- 10.3.8. Sintercom India Ltd.
- 10.3.9. Changsha Hualiu Metal Powders Ltd
- 10.3.10. United States Metal Powders
- 10.3.1. Sumitomo Electric Industries Limited
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Sintered Steel Market, report scope
- TABLE 2. Global Sintered Steel Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Sintered Steel Market estimates & forecasts by Steel Type 2020-2030 (USD Billion)
- TABLE 4. Global Sintered Steel Market estimates & forecasts by Process 2020-2030 (USD Billion)
- TABLE 5. Global Sintered Steel Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 6. Global Sintered Steel Market estimates & forecasts by End Use Industry 2020-2030 (USD Billion)
- TABLE 7. Global Sintered Steel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Sintered Steel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Sintered Steel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Sintered Steel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Sintered Steel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Sintered Steel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Sintered Steel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Sintered Steel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Sintered Steel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. Global Sintered Steel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 18. U.S. Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. U.S. Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20. Canada Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 21. Canada Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. Canada Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23. UK Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 24. UK Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. UK Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26. Germany Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 27. Germany Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. Germany Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29. France Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 30. France Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. France Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32. Italy Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 33. Italy Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Italy Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35. Spain Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 36. Spain Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. Spain Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38. RoE Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 39. RoE Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. RoE Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41. China Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 42. China Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. China Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44. India Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 45. India Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. India Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47. Japan Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 48. Japan Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. Japan Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50. South Korea Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 51. South Korea Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. South Korea Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53. Australia Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 54. Australia Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. Australia Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. RoAPAC Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59. Brazil Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 60. Brazil Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Brazil Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62. Mexico Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 63. Mexico Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. Mexico Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65. RoLA Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 66. RoLA Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. RoLA Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68. Saudi Arabia Sintered Steel Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 69. South Africa Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. RoMEA Sintered Steel Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 71. List of secondary sources, used in the study of global Sintered Steel Market
- TABLE 72. List of primary sources, used in the study of global Sintered Steel Market
- TABLE 73. Years considered for the study
- TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Sintered Steel Market, research methodology
- FIG 2. Global Sintered Steel Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Sintered Steel Market, key trends 2022
- FIG 5. Global Sintered Steel Market, growth prospects 2023-2030
- FIG 6. Global Sintered Steel Market, porters 5 force model
- FIG 7. Global Sintered Steel Market, pest analysis
- FIG 8. Global Sintered Steel Market, value chain analysis
- FIG 9. Global Sintered Steel Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Sintered Steel Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Sintered Steel Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Sintered Steel Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Sintered Steel Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Sintered Steel Market, regional snapshot 2020 & 2030
- FIG 15. North America Sintered Steel Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Sintered Steel Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Sintered Steel Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Sintered Steel Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Sintered Steel Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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