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Powder Metallurgy Market to reach USD 30.19 Bn by 2029, emerging at a CAGR of 12.27 percent and forecast 2022-2029
Powder Metallurgy Market
The comprehensive Powder Metallurgy Market analysis provides insights into various aspects, including the Research Methodology, Market Dynamics, Market Segment Analysis, and Regional Insights. The report explores the growing significance of powder metallurgy in manufacturing metallic components through processes such as sintering and additive manufacturing.
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Powder Metallurgy Market Research Methodology:
Our report employs a thorough research methodology to gather and analyze data, providing stakeholders with accurate and valuable information. To understand market trends and dynamics, we have utilized a combination of primary and secondary research methods.
What are Powder Metallurgy Market Dynamics:
The automotive industry is experiencing substantial growth, driving the demand for powder metallurgy in the production of thermoplastic components. The cost-effective nature of powder metallurgy in comparison to traditional methods makes it an attractive option for manufacturing complex parts. The rising demand for lightweight vehicles, coupled with the surge in electric vehicle sales, further propels the market.
Powder Metallurgy Market Regional Insights:
North America: The market in North America was valued at nearly $4.5 billion in 2021, with the United States leading in research, technology, and defense expenditure. The region is witnessing a surge in demand for powder metallurgy, particularly in the aerospace sector.
Europe: The European market, valued at USD 2.68 billion in 2021, is embracing additive manufacturing in the production of small and complex auto parts. The shift in consumer preference towards high-performance vehicles is contributing to the growing demand for powder metallurgy.
Asia Pacific: China, with a market size of USD 1.27 billion in 2021, is at the forefront of innovative manufacturing technologies. The country's focus on smart manufacturing and a robust automotive market are driving the adoption of powder metallurgy.
Middle East & Africa: Additive manufacturing is gaining traction in the Middle East, with the GCC countries exploring opportunities in aerospace, dental, and academic sectors. The market in the region was valued at USD 736.93 million in 2021.
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What is Powder Metallurgy Market Segmentation:
by Material
• Non-Ferrous
• Ferrous
• Others
by Application
• Electrical and Electronics
• Business Machines
• Automotive
• Aerospace
• Others
by Metals
• Titanium
• Steel
• Nickel
• Aluminum
• Others
by Manufacturing Process
• Additive Manufacturing
• Powder bed
• Blown powder
• Metal injection molding
• Power metal hot isostatic pressing
• Others
Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.
Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.
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Who are Powder Metallurgy Market Key Players:
• Allegheny Technologies Inc (ATI)
• CRS Holdings Inc.
• GKN PLC
• Catalus Corporation
• COMTEC MFG. Inc.
• Fine-Sinter Co. Ltd
• JSC POLEMA
• Advanced Technology & Materials Co., Ltd. (AT & M)
• Fukuda Metal Foil & Powder Company
• Molyworks Materials Corp.
• HC Stark GmbH
• Showa Denko Materials Co. Ltd.
• Hoganas AB
• Horizon Technology Inc.
• Melrose Industries PLC
• Miba AG
• Rusal
• CRS Holdings Inc.
• Liberty House Group
• Perry Tool & Research Inc.
• Phoenix Sintered Metals LLC
• Precision Sintered Parts
• Sandvik AB
• Rio Tinto Metal Powders
• Sumitomo Electric Industries Ltd
Table of content for the Powder Metallurgy Market includes:
Global Powder Metallurgy Market: Research Methodology
Global Powder Metallurgy Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Powder Metallurgy Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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