Demand Growth Will Drive the Powder Metallurgy Market 2029
Powder Metallurgy Market Overview:
The Powder Metallurgy Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Powder Metallurgy Market, as well as the causes for variances in the industry’s growth across a variety of sectors.
Powder Metallurgy Market was valued at USD 23.3 Billion in 2021, and it is expected to reach USD 32.38 Billion by 2029, exhibiting a CAGR of 4.2% during the forecast period (2022-2029)
Market Scope:
The market size is validated and estimated via top-down and bottom-up methods, respectively. The research’s market projections are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To determine percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the pertinent region or country determines the country-specific divisions of the overall market and its sub-segments.
Segmentation:
The automotive application sector is anticipated to expand throughout the forecast period at a CAGR of 3.8%. Powder metal parts can separate gases and liquids due to their high controlled porosity and self-lubricating properties. Powder metallurgy is a highly recognised process for creating components with intricate twists, depressions, and extensions as a result.
Iron, steel, stainless steel, and non-ferrous metals including aluminium and titanium alloys are used in automotive components. Enhancing overall form, using the heating process and special surface treatment, and increasing precision are the main goals of adopting powder metallurgy. According to OICA, global vehicle production would increase 3.5% from the same period in 2021 to 83.2 million units in 2023.
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- Global Powder Metallurgy Market: Research Methodology
- Global Powder Metallurgy Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Powder Metallurgy Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Powder Metallurgy Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Powder Metallurgy Market Segmentation
- Global Powder Metallurgy Market, by Product Type (2021-2029)
- Global Powder Metallurgy Market, by Application (2021-2029)
- Regional Powder Metallurgy Market(2021-2029)
- Regional Powder Metallurgy Market, by Product Type (2021-2029)
- Regional Powder Metallurgy Market, by Application (2021-2029)
- Regional Powder Metallurgy Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key Players:
• Allegheny Technologies Inc (ATI)
• CRS Holdings Inc.
• GKN PLC
• Catalus Corporation
• COMTEC MFG. Inc.
• Fine-Sinter Co. Ltd
• JSC POLEMA
• Advanced Technology & Materials Co., Ltd. (AT & M)
• Fukuda Metal Foil & Powder Company
• Molyworks Materials Corp.
• HC Stark GmbH
• Showa Denko Materials Co. Ltd.
• Hoganas AB
• Horizon Technology Inc.
• Melrose Industries PLC
• Miba AG
• Rusal
• CRS Holdings Inc.
• Liberty House Group
• Perry Tool & Research Inc.
• Phoenix Sintered Metals LLC
• Precision Sintered Parts
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Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and markePowder Metallurgyg executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and markePowder Metallurgyg executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Powder Metallurgy market are as follows:
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Regional Analysis:
The Powder Metallurgy market analysis regional overview also covers specific market influencing factors and changes in market laws impacting present and future market trends. The potential of the market as a whole is assessed, and successful patterns are discovered in order to obtain a firmer fooPowder Metallurgyg. The existing environment and projected trends serve as the foundation for the geographic market evaluation.
COVID-19 Impact Analysis on Powder Metallurgy Market:
Due to a pause in operations, the growth of end-user industries that use Powder Metallurgy decreased from January 2020 to May 2020 in a number of nations, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India. This had a negative impact on the demand for Powder Metallurgy producers as well as the revenues of businesses in these sectors, which hindered the growth of the Powder Metallurgy market in 2020. Lockdowns and a spike in COVID-19 occurrences globally have impacted end-user company demand for Powder Metallurgy.
Key Questions Answered in the Powder Metallurgy Market Report are:
- In 2021, which segment accounted for the most share of the Powder Metallurgy market?
- What is the competitive landscape of the Powder Metallurgy market?
- What are the key factors influencing Powder Metallurgy market growth?
- In the Powder Metallurgy market, which region has the most market share?
- What will be the CAGR of the Powder Metallurgy market during the forecast period (2022-2027)?
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