PUBLISHER: The Business Research Company | PRODUCT CODE: 1928043
PUBLISHER: The Business Research Company | PRODUCT CODE: 1928043
Powder metallurgy is a metal-forming method that involves pressing and sintering metal powder to achieve the desired shape of the metal product. This process is cost-effective, requires minimal post-production processing, and is energy-efficient. The powder metallurgy process allows for precise control and customization of the metal characteristics according to specific requirements.
In powder metallurgy, the main types of materials include titanium, nickel, steel, aluminum, cobalt, and others. Titanium is particularly valued in aerospace, spacecraft, and missile applications due to its low density and heat resistance. Being a naturally occurring metal and the 9th most abundant on Earth, titanium is both strong and lightweight, making it suitable for alloy production through powder metallurgy processes. These processes include additive manufacturing, metal injection molding, and powder metal hot isostatic pressing. Titanium finds applications in aerospace and defense, automotive, medical and dental, oil and gas, and various other industries.
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 metal powders and powder metallurgy components have impacted the market by increasing production costs and disrupting global supply chains. Segments such as titanium, nickel, steel, and cobalt powders are most affected, particularly in north america, europe, and asia-pacific regions. While tariffs have elevated costs, they have encouraged domestic production, promoted local sourcing strategies, and driven innovation in alternative metal processing techniques.
The powder metallurgy market research report is one of a series of new reports from The Business Research Company that provides powder metallurgy market statistics, including powder metallurgy industry global market size, regional shares, competitors with a powder metallurgy market share, detailed powder metallurgy market segments, market trends and opportunities, and any further data you may need to thrive in the powder metallurgy industry. This powder metallurgy 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 powder metallurgy market size has grown strongly in recent years. It will grow from $4.43 billion in 2025 to $4.86 billion in 2026 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to growth of automotive component manufacturing, rising demand in aerospace and defense, increasing medical and dental applications, expansion of oil and gas industry, development of specialty metal powders.
The powder metallurgy market size is expected to see strong growth in the next few years. It will grow to $7 billion in 2030 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to increasing adoption in electric vehicles, rising need for lightweight automotive components, growth of aerospace and defense modernization, expansion in medical implants and devices, development of advanced metal alloys for high-performance applications. Major trends in the forecast period include increasing adoption of additive manufacturing in powder metallurgy, rising use of metal injection molding for complex components, growing implementation of powder metal hot isostatic pressing, increasing development of high-performance ferrous and non-ferrous alloys, rising focus on cost-effective and energy-efficient powder metallurgy processes.
The growing adoption of additive manufacturing is expected to support the expansion of the powder metallurgy market. Additive manufacturing, also known as 3D printing, is a computer-controlled process that creates three-dimensional objects by building them layer by layer. It represents a key application area within powder metallurgy. During additive manufacturing, metal powders or metal alloy powders are used to form components incrementally, one layer at a time. As more industries adopt this technology, demand for metal powders increases, thereby boosting the powder metallurgy market. For example, in August 2025, GOV.UK reported that 17.1% of SMEs in one city-region had adopted 3D printing-compared with 11% across the rest of the UK-although most (77.7%) were using it at a low or moderate level. Therefore, the rising use of additive manufacturing is expected to drive growth in the powder metallurgy market.
Companies in the powder metallurgy sector are focusing on developing advanced solutions such as high-performance tap products to gain competitive advantages. High-performance tap solutions are specialized tools designed to create internal threads in materials while offering greater durability, precision, and reliability than standard taps. For instance, in July 2023, Erasteel introduced BlueTap Max, a high-performance tap produced from powder-metallurgy high-speed steel grades. The product delivers strong mechanical performance and corrosion resistance, providing excellent longevity and consistent results.
In December 2024, K-TIG Limited acquired Metal Powder Works Inc. to strengthen its capabilities in powder metallurgy and additive manufacturing. The acquisition allows K-TIG to integrate Metal Powder Works' patented DirectPowder metal powder production technology and expand its portfolio of specialized powders for advanced industrial applications. Metal Powder Works specializes in engineered metal powders designed for additive manufacturing and other high-tech manufacturing processes.
Major companies operating in the powder metallurgy market report are GKN Powder Metallurgy, Hoganas AB, Miba AG, Sandvik AB, Sumitomo Electric Industries Ltd., Kennametal Inc., Fine Sinter Co. Ltd., PMG Holding GmbH, Stackpole International, Porite Corporation, Riken Corporation, Nippon Piston Ring Co. Ltd., AMES Group Sintering, Catalus Corporation, Burgess-Norton Manufacturing Company, Carpenter Technology Corporation, Allegheny Technologies Incorporated, Kyocera Corporation, Advanced Technology & Materials Co. Ltd., Shanghai Malin Metal Products Co. Ltd., FJ Sintered Metals
Asia-Pacific was the largest region in the powder metallurgy market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the powder metallurgy market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the powder metallurgy market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The powder metallurgy market includes revenues earned by entities by iron powder, steel powder, and nonferrous powder. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
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.
Powder Metallurgy 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 powder metallurgy 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 powder metallurgy ? 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 powder metallurgy 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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