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The Sintered Steel Market Is Expected To Reach $18.96 Billion In 2026 - TBRC Reports
Sintered Steel Market
The regions covered in the sintered steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest sintered steel market share.
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The sintered steel market consists of sales of sintered stees by entities (organizations, sole traders, and partnerships) that are used in steel manufacturing to form complex shapes, to produce alloys, or to work in metals with very high melting points. Sintered steel parts are being produced by ADC/SINT technology (Automatic Die Compaction and Sintering) are becoming increasingly interesting for the automotive industry, because of low cost, low material waste, good accuracy, and little or no calibration processes.
Key competitors in the sintered steel market include Sumitomo Electric Industries Limited, GKN PLC, Samvardhana Motherson Group, Hitachi Chemical, The Miba Group, ASCO Sintering Co, Sintercom India Ltd, AMES Sintering Metallic Components, Schunk Sinter Metals, CNPC Powders, Erasteel, Advanced Technology (Bazhou) Special Powder Ltd, Hoganas AB, Polema, SMC Corporation, Posco, Nippon Steel Corporation, Outokumpu, ArcelorMittal, Schmolz+Bickenbach AG, Thyssenkrupp Stainless, Acerinox S.A., Mirach Metallurgy Co, SSI Sintered Specialties, MEK Group, Atlas Pressed Metals, Technymon Global Bearing Technologies S.r.l, and Federal-Mogul Goetze Limited.
The global sintered steel market size is expected to grow from $14.39 billion in 2021 to $15.14 billion in 2022 at a compound annual growth rate (CAGR) of 5.25%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global sintered steel market size is expected to reach $18.96 billion in 2026 at a CAGR of 5.78%.
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TBRC's report segments the global sintered steel market:
1) By Type: Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel
2) By Process: Metal Injection Molding (MIM), Conventional Manufacturing, Powder Forging Manufacturing, Additive Manufacturing
3) By End-User Industry: Transportation, Industrial, Electrical, Others
4) By Application: Engines, Transmissions, Body, Chassis, Drivetrain, Electrical, Others
Read Further On The Sintered Steel Market Here:
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The Table of Contents includes:
1. Executive Summary
2. Sintered Steel Market Characteristics
3. Sintered Steel Market Trends And Strategies
4. Impact Of COVID-19 On Sintered Steel
5. Sintered Steel Market Size And Growth
.....
27. Sintered Steel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sintered Steel Market
29. Sintered Steel Market Future Outlook and Potential Analysis
30. Appendix
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