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Powder Metallurgy Market Set for Robust Growth, Projected to Reach USD 25.87 Billion by 2030

12-09-2024 03:02 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Powder Metallurgy Market

Powder Metallurgy Market

๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 14.35 Billion in 2023 and the total Powder Metallurgy Market revenue is expected to grow at a CAGR of 8.78% from 2024 to 2030, reaching nearly USD 25.87 Billion.

๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The powder metallurgy market is a dynamic and evolving sector, driven by advancements in manufacturing technologies and the growing demand for lightweight, durable, and energy-efficient materials. Widely used in automotive, aerospace, medical, and industrial applications, powder metallurgy enables the production of complex components with minimal waste. Innovations in materials, such as high-performance alloys and composites, along with increasing adoption in electric vehicles and additive manufacturing, are fueling market growth. Sustainability and cost-effectiveness remain key factors propelling its widespread adoption across various industries.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/55292/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The powder metallurgy market is driven by the increasing demand for lightweight and high-strength components, particularly in the automotive and aerospace industries, to improve fuel efficiency and performance. The rise of electric vehicles has further boosted the adoption of powder metallurgy due to its capability to produce complex, precise, and cost-effective parts. Advancements in additive manufacturing and 3D printing technologies are expanding applications across medical and industrial sectors. Additionally, a focus on sustainability and material efficiency supports market growth by minimizing waste and energy consumption in manufacturing processes.

๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The powder metallurgy market is evolving with trends emphasizing sustainability, advanced manufacturing techniques, and expanding application areas. The integration of additive manufacturing and 3D printing technologies has enabled the production of complex geometries with minimal waste, making it a key innovation driver. Increased demand for lightweight materials in the automotive and aerospace sectors supports the development of advanced alloys and composites. Additionally, the growing adoption of powder metallurgy in medical implants and energy-efficient industrial components highlights its versatility and aligns with the global push for eco-friendly manufacturing solutions.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/55292/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ:

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ & ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

In Southeast Asia, ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง has expanded its presence in Vietnam, securing key local partnerships to boost its powder metallurgy production. ๐“๐ก๐š๐ข ๐Œ๐ž๐ญ๐š๐ฅ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐‚๐จ., ๐‹๐ญ๐. has also entered strategic collaborations to enhance its manufacturing capabilities.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž & ๐‰๐š๐ฉ๐š๐ง:

Singapore has seen ๐‡๐ข๐ญ๐š๐œ๐ก๐ข ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐‹๐ญ๐. strengthen its market position with an acquisition in advanced materials. Meanwhile, ๐’๐ฎ๐ฆ๐ข๐ญ๐จ๐ฆ๐จ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ has ramped up its R&D initiatives, focusing on sustainable materials for the automotive sector in Japan.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š & ๐”๐’๐€:

In South Korea, ๐๐Ž๐’๐‚๐Ž has made significant strides by acquiring smaller regional firms to diversify its powder metallurgy production line. In the USA, ๐Š๐ž๐ง๐ง๐š๐ฆ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐œ. has focused on acquiring tech-driven startups to improve its product offerings for industrial applications.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

European powder metallurgy players are also consolidating. ๐†๐Š๐ ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ, a part of ๐†๐Š๐ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž, has expanded its European operations, focusing on the development of high-performance alloys for the automotive and aerospace sectors.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐›๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

โ€ข ๐Š๐ž๐ง๐ง๐š๐ฆ๐ž๐ญ๐š๐ฅ ๐ˆ๐ง๐œ. has introduced a new range of advanced, cost-efficient materials for the automotive sector, helping to drive adoption in high-performance engine components.
โ€ข ๐‡๐ข๐ญ๐š๐œ๐ก๐ข ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐‹๐ญ๐. has unveiled a new production line designed to meet the needs of electric vehicle manufacturers with high-density, lightweight materials.
โ€ข ๐†๐Š๐ ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ continues to lead in the automotive space, with new investments in technologies aimed at producing high-strength parts for electric vehicles.
โ€ข ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง has significantly increased its investment in sustainable powder metallurgy processes, contributing to cleaner production methods in the aerospace sector.


๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/55292/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Ferrous
Non-ferrous
Others

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Electrical & Electronics
Business Machines
Automotive
Aerospace
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Carpenter Technology Corporation - United States
2. Rio Tinto Metal Powders - Canada
3. Allegheny Technologies Incorporated (ATI) - United States
4. Molyworks Materials Corporation - United States

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Sandvik AB - Sweden
2. Hoganas AB - Sweden
3. POLEMA JSC - Russia
4. Carl Schlenk AG - Germany
5. GKN Plc - United Kingdom
6. Miba AG - Austria

๐€๐๐€๐‚ ๐๐จ๐ฐ๐๐ž๐ซ ๐Œ๐ž๐ญ๐š๐ฅ๐ฅ๐ฎ๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Advanced Technology & Materials Co., Ltd. (AT&M) - China
2. JSC Polema - Russia
3. Hitachi Chemical Co., Ltd - Japan
4. Sumitomo Electric Industries, Ltd - Japan
5. POLEMA JSC - Russia

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-powder-metallurgy-market/55292/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape
โ€ข Microgrid Control System Market Size, Share, Size & Forecast by different segment
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
โ€ข Microgrid Control System Market Segmentation - A detailed analysis by Product
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
โ€ข Competitive landscape - Market Leaders, Market Followers, Regional player
โ€ข Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of business by region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Asia Pacific Digital Banking Platform Market https://www.maximizemarketresearch.com/market-report/asia-pacific-digital-banking-platform-market/44572/

โ™ฆ Global Base Layer Market https://www.maximizemarketresearch.com/market-report/base-layer-market/122316/

โ™ฆ Global Enterprise Firewall Market https://www.maximizemarketresearch.com/market-report/global-enterprise-firewall-market/24107/

โ™ฆTow Truck Market https://www.maximizemarketresearch.com/market-report/tow-truck-market/189225/

โ™ฆ Cloud IDS/IPS Market https://www.maximizemarketresearch.com/market-report/global-cloud-intrusion-detection-system/1374/

โ™ฆ Gas Cutting Machine Market https://www.maximizemarketresearch.com/market-report/gas-cutting-machine-market/77015/

โ™ฆ Water Transport Market https://www.maximizemarketresearch.com/market-report/water-transport-market/164097/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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๐Ž๐ข๐ฅ๐Ÿ๐ข๐ž๐ฅ๐ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ The global oilfield production chemicals market is witnessing transformative growth, driven by the increasing demand for advanced extraction techniques and enhanced oil recovery. Valued at USD 3.12 billion in 2023, the market is projected to reach USD 4.10 billion by 2030, growing at a CAGR of 3.95% during the forecast period. Oilfield production chemicals, including demulsifiers, corrosion inhibitors, and surfactants, play a vital role in optimizing oilfieldโ€ฆ
Cresol Market to Reach $970.48 Million by 2030, Growing at a CAGR of 3.5%
01-22-2025 | Chemicals & Materials
MAXIMIZE MARKET RESEARCH PVT. LTD.
Cresol Market to Reach $970.48 Million by 2030, Growing at a CAGR of 3.5%
๐‚๐ซ๐ž๐ฌ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ The global cresol market is gaining momentum, with increasing demand across various industries such as chemical manufacturing, pharmaceuticals, and electronics. The market was valued at USD 762.79 Mn. in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030, reaching an estimated value of USD 970.48 Mn by 2030. This press release highlights regional growth, opportunities, and trends, providing an overview of theโ€ฆ

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