Asia-Pacific Powder Metallurgy Market Share, Size, Global Market Growth, Trends, Revenue, Share and Demands Research Report 2020 - 2026

This Asia-Pacific Powder Metallurgy Market research report is focused at providing its reader with all the necessary details that can help them make necessary business decisions. It provides wholesome information that is necessary to understand the market inside-out.

ReportsnReports has recently added a new research report to its expanding repository. The research report, titled "Asia-Pacific Powder Metallurgy Market," mainly includes a detailed segmentation of this sector, which is expected to generate massive returns by the end of the forecast period, thus showing an appreciable rate of growth over the coming years on an annual basis. The research study also looks specifically at the need for Asia-Pacific Powder Metallurgy Market.

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Report Scope:

This report analyzes the PM industry of Asia-Pacific, including the manufacturing capability and consumption associated with the region's major countries. It also examines industry standards, government and industry support, and other key factors related to the success of PM.

Market drivers within the industry are identified. The quantity and value of various powders and parts shipments are projected from 2017 to 2018, and then over a five-year period from 2018 to 2023. Technological issues and trends are projected, and other influential factors are discussed.

The report identifies major manufacturers of powder metal and other related materials, including ceramics and nanopowders, special alloys and metal matrix composites. It also includes companies that make parts and components for automotive products, industrial and tooling equipment, recreation and hobby items, appliances, business machines, and other products.

Report Includes:

- 27 data tables and 21 additional tables
- Country specific data and analysis of powder metallurgy for China, India, Japan, South Korea and other emerging economies within the APAC region
- Technological assessment of the powder metallurgy industry at a regional level covering Asia-Pacific, including manufacturing capability and consumption by regional markets
- Information on industry standards, government and industry support, and other key factors related to the success of powder metallurgy
- Identification of major manufacturers of powder metal and other related materials, including ceramics and nanopowders, special alloys and metal matrix composites
- Company Profiles of major manufacturers and suppliers of parts and components for automotive products, industrial and tooling equipment, recreation and hobby items, appliances, business machines and other products including BASF, Epson Atmix Corp., GKN Sinter Metals, Hitachi Chemicals Co. Ltd. and Mitsubishi Material Corp.

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Summary

Powder metallurgy is the science of fabricating components with metal powders as their starting material. Powder metallurgy processes differ from conventional metallurgy processes such as melting and pouring, casting, drawing, forming, cutting, machining, welding, extrusion, forging and other related processes. In conventional metallurgy, the metal or alloy is always in a continuous physical form and is made into various shapes and articles using the above-mentioned processes. In case of PM, these processes are replaced by new and easier methods such as blending, compacting and sintering. One of the major drawbacks of conventional metallurgy process is the phase rule, which dictates what ratios of specific elements can coexist in solid or liquid phase together in one continuum. This drawback is completely eliminated when the metal powders are handled through the powder metallurgy process. Powder metallurgy is sometimes referred to as the chip-less process, meaning there is zero waste of materials. This is due to the absence of machining operations compared to conventional metallurgical processes. Powder metallurgy (PM) is a cost-effective process for forming metal parts by heating compacted metal powders to just below their melting points. PM production methods can be used to fabricate numerous parts with complex shapes that meet demanding specifications. Unlike conventional machining, PM creates very little scrap or waste.

Most parts produced using the PM process weigh less than five pounds, while parts weighing as much as 35 pounds can be fabricated with conventional PM equipment. Many early parts produced by PM, such as bushings and bearings, were simple shapes, but today's sophisticated PM processes can economically produce components with complex contours and multiple levels.

Despite their small size, PM-produced parts are strategically important to the automotive, aircraft, hardware, instrumentation, oil and gas well-drilling equipment, and off-road tractor industries. A typical automobile contains more than 40 pounds of PM parts. Parts such as aircraft engine turbines, power tools, surgical instruments, riding lawn mowers, etc. depend on the PM process for their formation and strength.

The Asia-Pacific powder metallurgy (PM) industry, which was affected by the 2008 - 2009 recession, most notably due to the steep decline in automotive production, recovered and surpassed pre-recession levels. In 2017, the Asia-Pacific PM parts and components market exceeded REDACTED with a value of more than REDACTED.

BCC Research's projections indicate that the PM market in Asia-Pacific will exceed REDACTED in 2018 with a value of REDACTED and reach nearly REDACTED (REDACTED) by 2023. These figures represent a CAGR of REDACTED in volume terms and an REDACTED rise in market value between 201 8 and 2023.

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Recent Industry Trend:

The report contains the profiles of various prominent players in the Global Asia-Pacific Powder Metallurgy Market. Different strategies implemented by these vendors have been analyzed and studied in order to gain a competitive edge, create unique product portfolios and increase their market share. The study also sheds light on major global industry vendors. Such essential vendors consist of both new and well-known players. In addition, the business report contains important data relating to the launch of new products on the market, specific licenses, domestic scenarios and the strategies of the organization implemented on the market.

Scope of the Report:

Through following the Asia-Pacific Powder Metallurgy Market through depth, the readers should find this study very helpful. The aspects and details are depicted by charts, bar graphs, pie diagrams, and other visual representations in theAsia-Pacific Powder Metallurgy Market study. This intensifies the representation of the pictures and also helps to improve the facts of the Asia-Pacific Powder Metallurgy Market industry. At a substantial CAGR, the Asia-Pacific Powder Metallurgy Market is likely to grow. Asia-Pacific Powder Metallurgy Market report's main objective is to guide the user to understand the market in terms of its definition, classification, industry potential, the latest trends, and the challenges facing the Asia-Pacific Powder Metallurgy Market.

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