Press release
Powder Metallurgy market is projected to grow at CAGR of 5.48% during the forecast period
Request Sample: www.knowledge-sourcing.com/requestsample&sample_id=2156
By application, the automotive sector is expected to grow at a steady pace during the forecast period.
It is estimated that the demand for power metallurgy in the automotive application will have a significant market share in 2018 and will grow at a significant rate. The demand for power metallurgy will be directly affected by the increasing automotive production worldwide. Worldwide automotive production increased by nearly 2.3% in 2017 reaching 97,302,534 units compared to 94,976,569 units in 2016 (Source: International Organization of Motor Vehicle Manufacturers). In addition, most of the major components of automotive transmission are now manufactured by powder metallurgy methods only which are further expected to increase the demand for power metallurgy in the automotive sector in the coming years.
The Asia Pacific region is estimated have a significant share in the powder metallurgy market throughout the forecast period.
The demand for powder metallurgy was comparatively high in the Asia Pacific region owing to the rising investment in the automotive and aerospace industries in various countries such as China, India, and Japan. Furthermore, an increase in automotive production due to the availability of labor at an economical price and favorable government policies is adding to the demand for powder metallurgy in the region in the coming years. In addition, rising electronics sector in the region is further expected to widen up the growth opportunities for vendors and manufacturers in the region during the forecast period. With growing demand from end-user industries and increasing disposable income in the region, it is expected that countries like China and India would be among the fastest growing market for powder metallurgy followed by Korea and Japan.
This report also includes a study of strategies and product portfolios of some of the leading companies in the Powder Metallurgy market. It consists of company profiles of the leading companies such as Hitachi Chemical Co., Ltd., Sumitomo Electric Industries, Ltd., Catalus Corporation, H.C. Starck GmbH, Höganäs AB, American Axle & Manufacturing, Inc., Fine-sinter Co., Ltd, Miba AG, and Sandvik AB.
Request customization or place an order: www.knowledge-sourcing.com/powder-metallurgy-market
About Us:
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
Contact:
Knowledge Sourcing Intelligence LLP
2nd Floor, D-77, Sector 63
Noida, U.P. - 201301
India
E: sales@knowledge-sourcing.com | P: +1-866-714-4587
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Powder Metallurgy market is projected to grow at CAGR of 5.48% during the forecast period here
News-ID: 1525009 • Views: …
More Releases from Knowledge Sourcing Intelligence LLP
Feed Grade Threonine Market Size, Trends, In-depth Analysis, Research Report For …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "feed-grade threonine market - which is forecasted from 2023 to 2028".
The feed-grade threonine market is estimated to grow at a CAGR of 5.12% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the feed-grade threonine market. This will further help to establish business and growth plans…
Global Horse Feed Market Size, Trends, In-depth Analysis, Research Report Foreca …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "global horse feed market - which is forecasted from 2023 to 2028".
The global horse feed market is estimated to grow at a CAGR of 4.93% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the global horse feed market. This will further help to establish business…
Wheat Seed Treatment Market Size, Trends, In-depth Analysis, Research Report For …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "wheat seed treatment market - which is forecasted from 2023 to 2028".
The Wheat seed Treatment market is estimated to grow at a CAGR of 7.49% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the wheat seed treatment market. This will further help to establish business…
Mushroom Market Size, Trends, In-depth Analysis, Research Report Forecast up to …
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of "mushroom market- which is forecasted from 2023 to 2028".
The global mushroom market is expected to grow at a CAGR of 6.04% during the forecast period.
With both quantitative and qualitative analysis, this study intends to offer an in-depth assessment of the mushroom market. This will further help to establish business and growth plans and evaluate the…
More Releases for Powder
Nano Ceramic Powder Market: Information by Type (Oxide Powder, Carbide Powder, B …
Nano Ceramic powder is nanoparticles which are inorganic solids made up of oxides, ceramics, carbonates, and carbides. The Nano-Ceramic powder has a growing market as they are very useful due to its very small size.
Nano Ceramic powder is strong and the strength of these powder is similar to steel. They exhibit strength at high temperatures. They are more resistant to chemical situations than other metals. There is some ceramic powder…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Global Egg Powder Market Status, Industry Player (Egg Powder, Egg Yolk Powder, E …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Egg Powder Market Increasing Consumption of Whole Egg Powder to be Observed in the Coming Years” which provides an outlook for current market value as well as the expected growth of Egg Powder during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with…
Global Water Atomization Iron powder Market 2017 : Hoganas, Kobelco, Pometon Pow …
Top Manufacture Analysis Of Water Atomization Iron powder Market 2017 Includes Market outline, section by Application, Market by Region and Production, Revenue (Value), worth Trend by kind. The Markets And analysis study delivers necessary information and realistic data of the globe Water Atomization Iron powder market. The report presents a deep study of the market growth factors and drivers. In-depth analysis of the Water Atomization Iron powder Market limitations and…
