openPR Logo
Press release

Rapid Growth in the Automotive & Aerospace Industry Is the Prime Reason Driving the Sales of Metal Powder

10-20-2022 10:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Metal Powder Market

Metal Powder Market

According to Fact.MR, a market research and competitive intelligence provider, the metal powder market is anticipated to expand at a CAGR of 6.3% and reach US$ 32.7 billion by 2032-end. As such, metal powder revenue will grow 1.8X during 2022-2032. Market expansion is being fuelled by growing adoption of powdered metal across leading industries.

There is huge demand for metal powder across industry verticals globally. The automobile industry is the largest consumer of metal powder, followed by aerospace. Therefore, with substantial growth of the automobile and aerospace sectors, demand for metal powder is escalating in parallel.

For More Insights into the Market, Request a Sample of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3202

Owing to growing automobile and aerospace industries, Asia's demand for metal powder is extensive. Many countries in Asia Pacific are still unable to fulfil the requirement for metal powder due to less supply. Countries such as India are seeing rapid hike in demand for metal powder, but there are a limited number of manufacturers operating domestically. As a result, the country is considered import-dependent to a great extent.

Key Takeaways from Market Study
• In terms of value, additive manufacturing application is expected to register a CAGR of 6.5% over the forecast period.
• Among the production technologies, atomization and solid state reduction are expected to grow 1.5X and 1.4X, respectively, and create an absolute $ opportunity of around US$ 7.8 billion and US$ 3.7 billion each.
• Powder metallurgy application is estimated to account for 51% of the market value share by 2032-end.
• Automotive end-use industry is set to hold 48.9% market value share by 2032-end.
• Medical end use is showing lucrative demand owing to its versatile applications. The medical end-use industry is anticipated to capture 5.3% of the market share by 2032 with an absolute dollar opportunity of US$ 700 million.
• Catalyst application is projected to grow 1.7X by value over the forecast period, while metal injection molding (MIM) application is projected to grow 1.7X.

Competitive landscape
The market is highly competitive in nature with leading manufacturers of metal powder such as AMG Advanced Metallurgical Group N.V., Australian Metal Powder Supplies Pty Ltd, ATI Powder Metals, Aubert & Duval, Carpenter Powder Products, GKN Plc, Global metal powder, Heraeus, Hitachi Chemical Co., Ltd., Hoganas AB, Industrial Metal Powder Pvt Ltd, LPW Technology Ltd, Makin metal powder, Metaldyne Performance Group Inc., Praxair Surface Technologies, Rio Tinto metal powder, Royal metal powder, Inc., S.T. Technology, Inc., Sagwell, Sandvik AB, US metal powder Inc. and voestalpine BOHLER Edelstahl GmbH & Co KG.

Key market players of metal powder are making strategic moves to increase their market share by broadening their existing AM portfolio capability and focusing on acquisitions or collaborations with AM-specific powder-related companies.

For instance, Carpenter Technology made three significant acquisitions of AM-specific companies - LPW Technology and CalRAM in 2018, and Puris LLC in 2017.

Request More Information About Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=3202

Metal Powder Industry Survey - Key Segments
• By Material Type:
o Metals
o Iron
o Copper
o Nickel
o Aluminium
o Others (Chromium, Cobalt, Manganese, Titanium, etc.)
o Metal Alloy
o Stainless Steel
o Silicon-iron
o Nickel-iron
o Others

• By Production Technology:
o Solid State Reduction
o Atomization
o Electrolysis
o Others

• By Application:
o Metal Powder for Additive Manufacturing
o Metal Powder for Alloying and Plating
o Metal Powder for Tool Manufacturing
o Metal Powder for Catalysts
o Metal Powder for Powder Metallurgy
o Press & sinter
o Hot Isostatic Pressing (HIP)
o Hard Materials
o Others
o Metal Powder for MIM
o Others

• By End-use Industry:
o Metal Powder for Aerospace & Defense
o Metal Powder for Automotive
o Metal Powder for Oil & Gas
o Metal Powder for Medical Use
o Metal Powder for Building & Construction
o Others

• By Region:
o North America Metal Powder Market
o Latin America Metal Powder Market
o Europe Metal Powder Market
o East Asia Metal Powder Market
o South Asia & Oceania Metal Powder Market
o Middle East & Africa Metal Powder Market

For In-Depth Competitive Analysis, Buy now: https://www.factmr.com/checkout/3202

The United States is one of the prominent bases for an automobile manufacturers. The country has the second-largest market for automobiles after China. Despite the pandemic, U.S. light truck sales exceed 11 Mn units and 3.4 Mn unit cars in 2020.

The automobile industry is one of the leading consumers of industrial powder and metalworking across the U.S. The industry consumed over 200 Kilo Tons of metal alloy powder in 2021, and is anticipated to expand at a CAGR of 2.6% over the forecast period.

Moreover, the huge aerospace and defence industry in the country is witnessing a high volume demand for powdered metals. In 2020, the country contributed around US$ 81 Bn in aerospace exports. Global aerospace industry leaders, including Lockheed Martin and Boeing, have their bases in the United States.

Explore Fact.MR's Coverage on the Chemical & Materials Domain:

Wax Dispersion Market (https://www.factmr.com/report/wax-dispersion-market) Wax Dispersion Market Share & Trends Analysis, By Type (Synthetic Wax, Natural Wax), By Form (Water Dispersion, Solvent Dispersion, Others), By Product Type (Polyolefins Wax Emulsion, MA Grafted PP Wax Emulsion, Others), By End-use & By Region Forecast - Global Market Insights 2021 to 2031

Wax Additive Market (https://www.factmr.com/report/wax-additive-market ) - Wax Additive Market Share & Trends Analysis, By End-Use Industry (Automotive, Construction, Others), By Use (Coating, Printing Ink, Others), By Type (Dispersed wax additives, Emulsified wax additives, Others), By Origin, By Sales Channel & By Region Forecast - Global Market Insights 2021 to 2031

Triisopropanolamine (TIPA) Market (https://www.factmr.com/report/triisopropanolamine-tipa-market ) - Triisopropanolamine (TIPA) Market Share & Trends Analysis, By Form (Powder, Liquid), By Function (Emulsifier, Stabilizer, Others), By Purity (>98%, 90% to 98%, others), By End-Use Industry (Personal care & cosmetics, Agriculture, Others) & By Region Forecast - Global Market Insights 2021 to 2031

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

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 Rapid Growth in the Automotive & Aerospace Industry Is the Prime Reason Driving the Sales of Metal Powder here

News-ID: 2774706 • Views:

More Releases from Fact.MR

Used Construction Equipment Market to Surpass US$ 234 Billion, Expanding at 6.9% CAGR by 2035: Fact.MR Analysis
Used Construction Equipment Market to Surpass US$ 234 Billion, Expanding at 6.9% …
The global used construction equipment market is expected to experience substantial growth over the coming decade as infrastructure expansion, cost-conscious procurement, and equipment lifecycle optimization become critical for construction companies worldwide. As of 2025, the market is valued at USD 120 billion and is projected to reach USD 234 billion by 2035, expanding at a compound annual growth rate (CAGR) of 6.9% during the forecast period. Market growth is being driven
Mobile Robot Platform Market Growth to Reach US$ 9,998.5 Million at a CAGR of 12.7% by 2035 | Fact.MR
Mobile Robot Platform Market Growth to Reach US$ 9,998.5 Million at a CAGR of 12 …
The global mobile robot platform market is forecast to reach USD 9,998.5 million by 2035, up from USD 3,024.8 million in 2025. During the forecast period, the industry is projected to register at a CAGR of 12.7%. Rising automation across industries and labor shortages are accelerating the adoption of mobile robot platforms. Technological advancements in AI, sensors, and connectivity are enabling smarter, autonomous navigation and operations. For More Insights into the Market,
Industrial Visioneers Market Size Expected to Hit US$ 22.9 Billion by 2035, Exhibiting 7.3% CAGR: Fact.MR Analysis
Industrial Visioneers Market Size Expected to Hit US$ 22.9 Billion by 2035, Exhi …
The global industrial visioneers market is expected to reach USD 22.9 billion by 2035, up from USD 11.3 billion in 2025. During the forecast period (2025 - 2035), the industry is projected to expand at a CAGR of 7.3%. The market of the industrial visioneers is of pivotal significance since the manufacturing industries take several steps towards automation and precision-oriented quality control. The rapidly growing demand for AI-enabled vision systems in
Edge Controllers Market Size Worth US$ 20,484 Million with 19.1% CAGR by 2035: Fact.MR Report
Edge Controllers Market Size Worth US$ 20,484 Million with 19.1% CAGR by 2035: F …
The global edge controllers market is expected to reach USD 20,484 million by 2035, up from USD 3,567 million in 2025. During the forecast period (2025 to 2035), the industry is projected to expand at a CAGR of 19.1%. The edge controllers market is vital in accelerating real-time data processing across industries. Smart manufacturing, energy management and autonomous systems where urgent prediction is crucial are in demand. Fueled by the integration

All 5 Releases


More Releases for Metal

Metal Roofing Companies Revolutionizing the Industry: Classic Metal Roofs Leads …
Classic Metal Roofs has established itself as a leading provider of durable and energy-efficient roofing systems in Southern New England. With over 20 years of experience, the company is known for high-quality installations, customer satisfaction, and sustainable metal roofing solutions. As homeowners increasingly seek durable and energy-efficient solutions, metal roofing companies continue to provide top-tier roofing systems. Among the industry leaders, Classic Metal Roofs [http://business.bigspringherald.com/bigspringherald/markets/article/abnewswire-2025-2-15-classic-metal-roofs-expert-aluminum-shingle-metal-roof-installation-and-services/] stands out for its commitment to
Rare Metal Raw Materials - Boron(B) Metal
Boron Powder [https://www.urbanmines.com/boron-powder-product/] Short Description: Boron [,%20a%20chemical%20element%20with%20the%20symbol%20B%20and%20atomic%20number%205,%20is%20a%20black/brown%20hard%20solid%20amorphous%20powder.%20It%20], a chemical element with the symbol B and atomic number 5, is a black/brown hard solid amorphous powder. It is highly reactiveand soluble in concentrated nitric and sulfuric acids but insoluble in water, alcohol and ether. It has a high neutro absorption capacity. UrbanMines specializes in producing high purity Boron Powder with the smallest possible average grain sizes. Our standard powderparticle sizes average in the
Metal Polishing Services Market Trends and Leading Players 2023-2030 | Metal Pol …
With a CAGR of 6.1%, the Metal Polishing Services Market is expected to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2030, offering a gleaming finish to metal surfaces for aesthetic and functional purposes. Market Overview: The Metal Polishing Services market is poised for rapid growth, driven by several pivotal drivers. There is a continuous demand for metal finishing and polishing services that improve the appearance and
Metal Polishing Services Market Research Report 2020 Analysis: Enhanced Growth a …
Metal Polishing Services Market Global Metal Polishing Services Market is providing the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, type, regions and numerous applications. By using the report consumer can recognize the several dynamics that impact and govern the market. For any product, there are several companies playing their role in the market, some new, some established and some are planning to
Worldwide Recycled Metal Market By Metal 2024 | Nucor, Steel Dynamics, Schnitzer …
The 2018-2024 report on global Recycled Metal market explores the essential factors of Recycled Metal industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts. North America recycled metal market was estimated close to USD 8.5 billion in 2017. This is mainly attributed to strong presence of transportation, electrical & electronics and defense industry which majorly constitute to the overall product demand. Moreover, strict laws formulated
Recycled Metal Market By Metal 2018-2024 Top Key Players like Sims Metal Managem …
MarketStudyReport.com Adds New Recycled Metal Market 2018 – 2024 research report providing information and data By Metal, By End-user, Industry Analysis, Regional Outlook, Application Growth Potential, Trends, Competitive Market Share & Forecast spreading across 323 Pages with table and figures in it. Players operating in the global Recycled Metal market include Sims Metal Management, Steel Dynamics, Novelis Inc., Triple M Metal LP., Armco Metal Holdings, Kuusakoski Recycling, Befeso, Schnitzer Steel, Hawkeswood