Metal Powder Market Report: Trends, Forecast and Competitive Analysis to 2030

Metal Powder Trends and Forecast

The future of the global metal powder market looks promising with opportunities in the automotive, manufacturing, medical, and electrical & electronics markets. The global metal powder market is expected to reach an estimated $12.3 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are high demand for powder metallurgy manufactured components, growth of electronic devices, and surging demand for lightweight parts in automotive and aerospace sectors.

A more than 150-page report is developed to help in your business decisions.

Metal Powder by Segment

The study includes a forecast for the global metal powder by metal type, production method, end use, and region.

Metal Powder Market by Metal Type [Shipment Analysis by Value from 2018 to 2030]:

• Ferrous
• Non-Ferrous

Metal Powder Market by Production Method [Shipment Analysis by Value from 2018 to 2030]:

• Mechanical Method
• Chemical Method

Metal Powder Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Manufacturing
• Medical
• Electrical & Electronics
• Others

Metal Powder Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Metal Powder Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies metal powder companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal powder companies profiled in this report include-

• Rio Tinto Metal Powder
• Sandvik
• Carpenter Technology Corporation
• Hoganas
• GKN Powder Metallurgy
• ATI
• Praxair Surface Technologies
• H.C. Starck
• Kymera International
• BASF

Metal Powder Market Insights

Lucintel forecasts that ferrous will remain the largest segment over the forecast period due to rising utilization across diverse end-use sectors owing to its better durability and affordability.

Within this market, automotive will remain the largest segment due to growing integration of technology in vehicles.

APAC is expected to witness highest growth over the forecast period due to rapid industraliazation and expanding aircraft delivery and ordering capabilities in the region.

Features of the Global Metal Powder Market

Market Size Estimates: Metal powder market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Metal powder market size by metal type, production method, end use, and region in terms of value ($B).

Regional Analysis: Metal powder market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different metal types, production methods, end uses, and regions for the metal powder market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the metal powder market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the metal powder market size?

Answer: The global metal powder market is expected to reach an estimated $12.3 billion by 2030.

Q2. What is the growth forecast for metal powder market?

Answer: The global metal powder market is expected to grow with a CAGR of 7.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the metal powder market?

Answer: The major drivers for this market are high demand for powder metallurgy manufactured components, growth of electronic devices, and surging demand for lightweight parts in automotive and aerospace sectors.

Q4. What are the major segments for metal powder market?

Answer: The future of the metal powder market looks promising with opportunities in the automotive, manufacturing, medical, and electrical & electronics markets.

Q5. Who are the key metal powder market companies?

Answer: Some of the key metal powder companies are as follows:

• Rio Tinto Metal Powder
• Sandvik
• Carpenter Technology Corporation
• Hoganas
• GKN Powder Metallurgy
• ATI
• Praxair Surface Technologies
• H.C. Starck
• Kymera International
• BASF

Q6. Which metal powder market segment will be the largest in future?

Answer: Lucintel forecasts that ferrous will remain the largest segment over the forecast period due to rising utilization across diverse end-use sectors owing to its better durability and affordability.

Q7. In metal powder market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid industraliazation and expanding aircraft delivery and ordering capabilities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the metal powder market by metal type (ferrous and non-ferrous), production method (mechanical method and chemical method), end use (automotive, manufacturing, medical, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?