PUBLISHER: The Business Research Company | PRODUCT CODE: 1927847
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927847
Sintered steel is a form of steel that employs heat to bond powdered material into a tougher, stronger component, allowing for the creation of complex shapes, the production of alloys, or the manipulation of metals with very high melting points. It is cost-effective, generates minimal material waste, offers precision, and typically requires little to no calibration processes.
Sintered steels find applications across different industries, including transportation, industrial, electrical, and others such as recreational/hobbies equipment, sports, gun components, hardware, and computers. They are used in critical components such as engines, transmissions, bodies, chassis, drivetrain, electrical systems, and more, with applications extending to the aerospace sector. The growth of sintered steel in the historic period is a result of its versatility and effectiveness in meeting specific industrial requirements.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on imported sintered steel products have affected the market by increasing costs and creating supply chain disruptions, particularly impacting high-alloy and tool steel components in north america, europe, and asia-pacific. While these tariffs have raised operational costs for importers, they have encouraged local manufacturing, promoted domestic innovation, and accelerated the development of cost-optimized sintered steel solutions for automotive, industrial, and electrical applications.
The sintered steel market research report is one of a series of new reports from The Business Research Company that provides sintered steel market statistics, including sintered steel industry global market size, regional shares, competitors with a sintered steel market share, detailed sintered steel market segments, market trends and opportunities, and any further data you may need to thrive in the sintered steel industry. This sintered steel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The sintered steel market size has grown steadily in recent years. It will grow from $16.92 billion in 2025 to $17.68 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth in automotive manufacturing, expansion of industrial machinery sector, increasing demand for high-strength steel components, adoption of conventional sintering techniques, rising use in electrical and drivetrain components.
The sintered steel market size is expected to see steady growth in the next few years. It will grow to $20.6 billion in 2030 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to rising demand for lightweight and high-strength sintered components, increasing adoption of additive manufacturing and powder forging, growth in automotive engine and transmission applications, technological advancements in sintering and metal injection molding, expansion of sintered steel use in electrical and industrial sectors. Major trends in the forecast period include rising adoption of powder metallurgy techniques, increasing use of tool and alloy steel components, growth in automotive and industrial engine applications, expansion of high-precision metal injection molding, development of cost-effective sintered steel products.
The sintered steel market is anticipated to experience substantial growth due to the rapid expansion of the construction industry. With its exceptional durability and resistance to corrosion, sintered steel is becoming a preferred material in various construction applications. This adoption enhances the safety, lifespan, and overall robustness of buildings and infrastructure. A significant uptick in construction investment, as indicated by the US Census Bureau's prediction of a rise to $1,983. 5 billion in August 2023, up 7. 4 percent from $1,847. 3 billion in August 2022, underscores the driving force of the sintered steel market's growth.
Leading companies in the sintered steel market are increasingly focusing on innovative processing technologies like metal injection molding (MIM) to meet the rising demand for producing small, intricate metal parts in large quantities. Metal injection molding combines plastic injection molding with powder metallurgy, allowing for the efficient and precise creation of small, complex metal components. For example, in June 2024, US-based technology firm Desktop Metal introduced the PureSinter Furnace, a high-purity, single-run debinding and sintering system. This system is designed for processing metal parts produced via additive manufacturing techniques like bound metal deposition and binder jetting, as well as traditional methods such as MIM and press and sinter. The PureSinter Furnace addresses common sintering contamination issues with a patent-pending design that includes hot walls to prevent buildup, ensuring an airtight environment for enhanced purity and efficiency. Capable of reaching temperatures up to 1,420°C, it supports various gases such as argon, nitrogen, forming gas, and air, and includes an advanced cooling system that eliminates the need for water cooling
In June 2024, US-based private equity firm Continuim Equity Partners acquired Innovative Sintered Metals, Inc. for an undisclosed sum. The goal of the acquisition is to combine the expertise and resources of both companies to enhance product offerings and create new opportunities for customers in the powder metallurgy industry. Innovative Sintered Metals, Inc. is a US-based manufacturing company that specializes in powder metallurgy, focusing on the production of sintered metal components.
Major companies operating in the sintered steel market report are CNPC Powders Inc., Hitachi Chemical Co. Ltd., The Miba Group AG, ASCO Sintering Co., Sintercom India Ltd., AMES BARCELONA SINTERING S. A., Schunk Sinter Metals GmbH, Advanced Technology (Bazhou) Special Powder Ltd., Hoganas AB, Sintered Metal Corporation, Mirach Metallurgy Co., SSI Sintered Specialties LLC, Atlas Pressed Metals, Technymon Global Bearing Technologies S. r. l, Federal-Mogul Goetze Limited, Stackpole International Ltd., Tungsten Heavy Powder Inc., Umicore S. A., VAC AERO International Inc., Valtimet Oy
Asia-Pacific was the largest region in the sintered steel market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the sintered steel market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the sintered steel market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sintered steel market consists of sales of copper steel, diffusion alloyed steel, and copper-infiltrated alloys. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sintered Steel Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses sintered steel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sintered steel ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The sintered steel market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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