Metal Powder Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The metal powder market, which had a market size of USD 6.2 Billion in 2021, is projected to witness significant growth during the forecast period, with a Compound Annual Growth Rate (CAGR) of 4.2 percent. The increasing adoption of additive manufacturing and 3D printing techniques is one of the primary factors driving the demand for powdered metal, owing to its functional properties, rapid production, and high reusability rate. Additionally, the availability of various compatible materials at lower prices further fuels the growth of the metal powder market worldwide.

Increased Demand from Automotive and Electronics Industries to Propel Market Growth

The automotive and electronics industries are major contributors to the metal powder market's expansion. The use of metal powders in manufacturing various automobile parts, such as transmission, engine, exhaust system, and chassis, has led to cost savings and increased efficiency. The rising demand for automobiles, driven by higher disposable income and consumer-friendly financing options, is expected to further boost the market's value.

In the electronics sector, powdered metals are gaining traction for applications like electric car batteries and sintered components in electronic gadgets, which is likely to drive market growth in this segment.

COVID-19 Impact and Recovery

The COVID-19 pandemic had a substantial impact on the metal powder market, as manufacturing industries faced disruptions due to lockdowns and travel restrictions. However, as restrictions eased and demand for final goods recovered, the market is expected to rebound.

The automotive industry, in particular, faced challenges with disrupted high-volume manufacturing in Europe, supply constraints from China, and assembly line closures in India and the United States. Despite these setbacks, the market is anticipated to regain momentum as automotive sales pick up.

Price War Challenges Global Market Growth

The presence of low-cost, subpar metal powder manufacturers in Asia, particularly China, has led to a price war that impacts international players. Chinese companies, with established sales and distribution networks, often offer products at comparatively lower prices, causing some international manufacturers to struggle with maintaining profit margins. As a result, metal powder sales are predicted to face challenges in the global market in the coming years.

Regional Landscape and Key Players

Asia-Pacific dominates the metal powder market due to the rapid growth of the automotive industry in countries like China, India, and Japan. Europe also holds a significant share, with countries like Germany and France showing strong demand for metal powders. Key players in the market include Rio Tinto, Sandvik AB, Carpenter Technology Corporation, GKN Plc., Hoganas AB, and Allegheny Technologies Incorporated, among others.

Despite the challenges brought on by the COVID-19 pandemic and intense competition from Chinese manufacturers, the Metal Powder Market is poised for growth driven by increasing demand in additive manufacturing, automotive, and electronics industries. The market's resilience and innovative applications are expected to create opportunities for key players and contribute to its expansion in the forecast period.

1. Executive Summary

1.1. Global Metal Powder Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
  - 2.2.1.1. Driver A
  - 2.2.1.2. Driver B
  - 2.2.1.3. Driver C
- 2.2.2. Restraints
  - 2.2.2.1. Restraint 1
  - 2.2.2.2. Restraint 2
- 2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Pre-covid and Post-covid Scenario
- 2.5.2. Supply Impact
- 2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE

3. Production Output, 2019 - 2022

3.1. Regional Production Statistics
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Rest of the World

4. Price Trends Analysis and Future Projects, 2019 - 2030

4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Metal
4.4. By End-user
4.5. By Region

5. Global Metal Powder Market Outlook, 2019 - 2030

5.1. Global Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Ferrous
    - 5.1.1.1.1. Iron
    - 5.1.1.1.2. Steel
  - 5.1.1.2. Non-ferrous
    - 5.1.1.2.1. Aluminum
    - 5.1.1.2.2. Copper
    - 5.1.1.2.3. Cobalt
    - 5.1.1.2.4. Nickel
    - 5.1.1.2.5. Titanium
    - 5.1.1.2.6. Misc.
5.2. Global Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Aerospace
  - 5.2.1.2. Automotive
  - 5.2.1.3. Electronics
  - 5.2.1.4. Defence
  - 5.2.1.5. Industrial Machinery
  - 5.2.1.6. Medical
  - 5.2.1.7. Misc.
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Global Metal Powder Market Outlook, by Region, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. North America Metal Powder Market Outlook, 2019 - 2030

6.1. North America Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Ferrous
    - 6.1.1.1.1. Iron
    - 6.1.1.1.2. Steel
  - 6.1.1.2. Non-ferrous
    - 6.1.1.2.1. Aluminum
    - 6.1.1.2.2. Copper
    - 6.1.1.2.3. Cobalt
    - 6.1.1.2.4. Nickel
    - 6.1.1.2.5. Titanium
    - 6.1.1.2.6. Misc.
6.2. North America Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Aerospace
  - 6.2.1.2. Automotive
  - 6.2.1.3. Electronics
  - 6.2.1.4. Defence
  - 6.2.1.5. Industrial Machinery
  - 6.2.1.6. Medical
  - 6.2.1.7. Misc.
6.3. North America Metal Powder Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S.
  - 6.3.1.2. Canada
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Metal Powder Market Outlook, 2019 - 2030

7.1. Europe Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Ferrous
    - 7.1.1.1.1. Iron
    - 7.1.1.1.2. Steel
  - 7.1.1.2. Non-ferrous
    - 7.1.1.2.1. Aluminum
    - 7.1.1.2.2. Copper
    - 7.1.1.2.3. Cobalt
    - 7.1.1.2.4. Nickel
    - 7.1.1.2.5. Titanium
    - 7.1.1.2.6. Misc.
7.2. Europe Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Aerospace
  - 7.2.1.2. Automotive
  - 7.2.1.3. Electronics
  - 7.2.1.4. Defence
  - 7.2.1.5. Industrial Machinery
  - 7.2.1.6. Medical
  - 7.2.1.7. Misc.
7.3. Europe Metal Powder Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany
  - 7.3.1.2. France
  - 7.3.1.3. U.K.
  - 7.3.1.4. Italy
  - 7.3.1.5. Spain
  - 7.3.1.6. Russia
  - 7.3.1.7. Rest of Europe
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Metal Powder Market Outlook, 2019 - 2030

8.1. Asia Pacific Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Ferrous
    - 8.1.1.1.1. Iron
    - 8.1.1.1.2. Steel
  - 8.1.1.2. Non-ferrous
    - 8.1.1.2.1. Aluminum
    - 8.1.1.2.2. Copper
    - 8.1.1.2.3. Cobalt
    - 8.1.1.2.4. Nickel
    - 8.1.1.2.5. Titanium
    - 8.1.1.2.6. Misc.
8.2. Asia Pacific Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Aerospace
  - 8.2.1.2. Automotive
  - 8.2.1.3. Electronics
  - 8.2.1.4. Defence
  - 8.2.1.5. Industrial Machinery
  - 8.2.1.6. Medical
  - 8.2.1.7. Misc.
8.3. Asia Pacific Metal Powder Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. China
  - 8.3.1.2. Japan
  - 8.3.1.3. South Korea
  - 8.3.1.4. India
  - 8.3.1.5. Southeast Asia
  - 8.3.1.6. Rest of Asia Pacific
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Metal Powder Market Outlook, 2019 - 2030

9.1. Latin America Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 9.1.1. Key Highlights
  - 9.1.1.1. Ferrous
    - 9.1.1.1.1. Iron
    - 9.1.1.1.2. Steel
  - 9.1.1.2. Non-ferrous
    - 9.1.1.2.1. Aluminum
    - 9.1.1.2.2. Copper
    - 9.1.1.2.3. Cobalt
    - 9.1.1.2.4. Nickel
    - 9.1.1.2.5. Titanium
    - 9.1.1.2.6. Misc.
9.2. Latin America Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 9.2.1. Key Highlights
  - 9.2.1.1. Aerospace
  - 9.2.1.2. Automotive
  - 9.2.1.3. Electronics
  - 9.2.1.4. Defence
  - 9.2.1.5. Industrial Machinery
  - 9.2.1.6. Medical
  - 9.2.1.7. Misc.
9.3. Latin America Metal Powder Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil
  - 9.3.1.2. Mexico
  - 9.3.1.3. Rest of Latin America
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Metal Powder Market Outlook, 2019 - 2030

10.1. Middle East & Africa Metal Powder Market Outlook, by Metal, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 10.1.1. Key Highlights
  - 10.1.1.1. Ferrous
    - 10.1.1.1.1. Iron
    - 10.1.1.1.2. Steel
  - 10.1.1.2. Non-ferrous
    - 10.1.1.2.1. Aluminum
    - 10.1.1.2.2. Copper
    - 10.1.1.2.3. Cobalt
    - 10.1.1.2.4. Nickel
    - 10.1.1.2.5. Titanium
    - 10.1.1.2.6. Misc.
10.2. Middle East & Africa Metal Powder Market Outlook, by End-user, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 10.2.1. Key Highlights
  - 10.2.1.1. Aerospace
  - 10.2.1.2. Automotive
  - 10.2.1.3. Electronics
  - 10.2.1.4. Defence
  - 10.2.1.5. Industrial Machinery
  - 10.2.1.6. Medical
  - 10.2.1.7. Misc.
10.3. Middle East & Africa Metal Powder Market Outlook, by Country, Volume (Kilo Tons) and Value (US$ Mn), 2019 - 2030
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC
  - 10.3.1.2. South Africa
  - 10.3.1.3. Rest of Middle East & Africa
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Company Market Share Analysis, 2022
11.2. Competitive Dashboard
11.3. Company Profiles
- 11.3.1. BASF SE
  - 11.3.1.1. Company Overview
  - 11.3.1.2. Product Portfolio
  - 11.3.1.3. Financial Overview
  - 11.3.1.4. Business Strategies and Development
- 11.3.2. GKN Plc
- 11.3.3. Hoganas AB
- 11.3.4. Sandvik AB
- 11.3.5. Advanced Powders and Coatings
- 11.3.6. Rio Tinto Group
- 11.3.7. Kobe Steel
- 11.3.8. Allegheny Technologies Incorporated
- 11.3.9. JFE Holdings
- 11.3.10. Vale S.A.
- 11.3.11. ALTANA AG
- 11.3.12. Alcoa
- 11.3.13. Carpenter Technology Corporation
- 11.3.14. Eramet SA
- 11.3.15. H.C. Starck GmbH

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations