Press release
Powder Metallurgy Market Insights on Trends, Drivers and Opportunities by 2022 & key players Sumitomo Electric Company Ltd., Sandvik AB, Fine Sinter Co., Ltd., Voestalpine AG, and Allegheny Technologies Incorporated, Dorst Technologies, Federal-Mogul Corp
According to our research report, the Powder Metallurgy Market Size should reach USD 10.9 billion by 2022 from USD 7.3 billion in 2017 at a compound annual growth rate (CAGR) of 5.2% and 8.2%, respectively, from 2017 to 2022.
Browse details of 143 numbers of pages research report developed on Powder Metallurgy Market@ https://www.researchcosmos.com/reports/powder-metallurgy-market-analysis-by-material-ferrous-non-ferrous-and-others-by-application/1379845852
Powder Metallurgy Market Growth Drivers and Restraints:
The powder metallurgy products are possible at a reasonable price when connected to the parts that are manufactured by conventional processes. Producing more efficient, easier, and eco-friendly cars without compromising appearance and comfort have been the primary goal of the automotive business, in recent years. Powder metallurgy components in the automotive sector are in high demand on a global scale, due to the cost-benefit and working flexibility they provide. All major parts of both semi-automatic and automatic devices like hubs, clutch plates, clutch plate frames, synchromesh parts, and many other elements have recently been manufactured by cosmetic metallurgy methods. These factors are expected to drive the powder metallurgy market during the projected period.
Powder Metallurgy Market Regional Analysis:
Asia-Pacific has developed as one of the largest powder metallurgy markets and a lucrative region for the product producers, due to its commercial development, along with the growing disposable income. The positive business growth trends in countries, such as Taiwan, India, and Japan, has boosted the market demand and attention in recent years. With the increasing demand from end-user industries and strong business rise, China is expected to be one of the fastest developing markets for powder metallurgy in Asia Pacific followed by Japan and Korea.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/powder-metallurgy-market-analysis-by-material-ferrous-non-ferrous-and-others-by-application/1379845852
Powder Metallurgy Market Key Players:
Some of the important players in Global Powder Metallurgy market include Sumitomo Electric Company Ltd., Sandvik AB, Fine Sinter Co., Ltd., Voestalpine AG, Allegheny Technologies Incorporated, Dorst Technologies, Federal-Mogul Corporation, Borgwarner Inc, H.C. Starck, Hitachi Chemical Company Ltd, GKN PLC, Carpenter Technology Corporation,SMC Powder Metallurgy Inc., Chicago Powder Metal Products.
Powder Metallurgy Market Segmentation:
By Material
• Ferrous
• Non-Ferrous
• Others
By Application
• Automotive
• Business Machines
• Electrical & Electronics
• Aerospace
• Others
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/powder-metallurgy-market-analysis-by-material-ferrous-non-ferrous-and-others-by-application/1379845852
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
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