PUBLISHER: The Business Research Company | PRODUCT CODE: 1928044
PUBLISHER: The Business Research Company | PRODUCT CODE: 1928044
Powder metallurgy parts are components created with precision and high accuracy by pressing powdered metals and alloys into a rigid die under intense pressure. These parts find application in structural metal components.
The primary product types within the realm of powder metallurgy parts include ferrous metals and non-ferrous metals. Ferrous metals are metals primarily composed of iron and possess magnetic properties. The fabrication methods employed include pressure-based, sinter-based, and hybrid methods, which cater to various industries such as industrial, automotive, healthcare, electrical and electronics, among others.
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 powder metallurgy parts and metal powders have impacted the market by increasing costs and disrupting supply chains. Segments such as ferrous and non-ferrous metal powders are most affected, particularly in north america, europe, and asia-pacific regions. While tariffs have raised production expenses, they have encouraged local manufacturing, stimulated domestic sourcing, and promoted innovation in alternative powder metallurgy processes.
The powder metallurgy parts market research report is one of a series of new reports from The Business Research Company that provides powder metallurgy parts market statistics, including powder metallurgy parts industry global market size, regional shares, competitors with a powder metallurgy parts market share, detailed powder metallurgy parts market segments, market trends and opportunities, and any further data you may need to thrive in the powder metallurgy parts industry. This powder metallurgy parts 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 parts market size has grown steadily in recent years. It will grow from $25.08 billion in 2025 to $26.33 billion in 2026 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to growth in automotive components, rising demand in industrial machinery, increasing healthcare device applications, expansion of electrical and electronics components, development of high-performance metal powders.
The powder metallurgy parts market size is expected to see strong growth in the next few years. It will grow to $33.11 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing adoption in electric vehicles, rising need for lightweight automotive parts, growth of industrial automation, expansion in medical implants and devices, development of advanced non-ferrous alloy components. Major trends in the forecast period include increasing adoption of pressure-based fabrication methods, rising use of sinter-based metal parts, growing implementation of hybrid fabrication techniques, increasing development of high-precision ferrous components, rising focus on lightweight non-ferrous powder metallurgy parts.
Growing global demand for electric vehicles is expected to support the expansion of the powder metallurgy parts market. Electric vehicles operate fully or partially on electric power, using electric motors instead of traditional internal combustion engines. Powder metallurgy components - such as soft magnetic parts - are used in EV motors and help eliminate the need for laminated structures. As electric vehicle adoption increases, demand for these specialized components rises as well. For example, in April 2023, the International Energy Agency reported that more than 10 million electric cars were sold worldwide in 2022, and sales were expected to grow by a further 35% in 2023 to reach 14 million. Therefore, the growing popularity of electric vehicles is contributing to the expansion of the powder metallurgy parts market.
Companies in the powder metallurgy parts sector are focusing on innovative product developments such as bonded mix solutions to improve compaction efficiency. These solutions allow manufacturers to produce larger and more complex parts with better density distribution and less material waste, without relying on metal stearates. For instance, in October 2024, Hoganas AB introduced Starmix Nova, a bonded mix solution designed to enhance apparent density and filling performance. This technology supports the production of geometrically complex components, extends tool life, and promotes cleaner, more sustainable sintering processes.
In December 2024, GNS Gesellschaft fur Nuklear Service mbH acquired Powder Light Metals GmbH to strengthen its capabilities in powder metallurgy parts. The acquisition integrates Powder Light Metals' expertise in nano-structured aluminum alloy components and semi-finished products, expanding GNS's service offerings for sectors such as automotive, aerospace, and industrial manufacturing. Powder Light Metals specializes in developing and producing powder metallurgy components and semi-finished items.
Major companies operating in the powder metallurgy parts market report are GKN Powder Metallurgy, Miba AG, PMG Holding GmbH, Catalus Corporation, Burgess-Norton Manufacturing Company, Atlas Pressed Metals, Keystone Powdered Metal Company, NetShape Technologies Inc., Stackpole International, Fine Sinter Co. Ltd., Porite Corporation, Riken Corporation, Nippon Piston Ring Co. Ltd., Precision Sintered Parts Pvt. Ltd., AMES Group Sintering, Metaldyne Performance Group, Cloyes Gear & Products Inc., Samvardhana Motherson Group, American Axle & Manufacturing Holdings Inc., Engineered Sintered Components Company, Allied Sinterings Inc., American Sintered Technologies
North America was the largest region in the powder metallurgy parts market in 2025. The regions covered in the powder metallurgy parts 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 parts market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The powder metallurgy parts market consists of sales of structural parts, electromagnetic assemblies, engine components, gears, and bushings. 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.
Powder Metallurgy Parts 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 parts 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 parts ? 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 parts 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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