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Powder Metallurgy Global Market Report 2025: Rising Adoption of Additive Manufacturing Backed by Solid Forecast Growth
Powder Metallurgy Market Size
What Is The Projected Market Size Of The Global Powder Metallurgy Global Market Report 2025 And Its Growth Rate?
• The powder metallurgy market size is expected to grow from $4.12 billion in 2024 to $4.5 billion in 2025, implying a compound annual growth rate (CAGR) of 9.3%.
• Continued growth is forecasted, with the market size expected to reach $6.69 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%.
• The growth can be attributed to advancements in materials for renewable energy, industrial machinery and automation, development of specialized alloys and rising consumer electronics demand.
What Is Driving The Growth In The Powder Metallurgy Global Market Report 2025?
The growth of the powder metallurgy market is expected to be primarily driven by the increasing adoption of additive manufacturing. Known as 3D printing, this process involves the computer-controlled deposition of monomeric materials to build 3D objects layer by layer. Metal powders or alloy powders are typically used in additive manufacturing. The worldwide adoption of this technology is thus projected to drive demand in the powder metallurgy market going forward. World-wide, additive manufacturing contributes around $667 million in value added, representing 0.01% of the total global manufacturing value added. In the United States, this value added is estimated at around $241 million.
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Who Are the Key Players Driving Powder Metallurgy Global Market Report 2025 Growth?
• GKN Powder Metallurgy
• Höganäs AB
• Sumitomo Electric Industries Ltd.
• Sandvik AB
• Miba AG
• Hitachi Chemical Co. Ltd.
• Carpenter Technology Corporation
• Fine Sinter Co. Ltd.
• PMG Holding GmbH
• Allegheny Technologies Incorporated (ATI)
• Stackpole International
• Porite Corporation
• Shanghai Malin Metal Products Co. Ltd.
• H.C. Starck GmbH
• RYOBI Limited
• Advanced Technology & Materials Co. Ltd.
• AAM (American Axle & Manufacturing)
• Catalus Corporation
• Burgess-Norton Manufacturing Company
• Riken Corporation
• Nippon Piston Ring Co. Ltd.
• Precision Sintered Parts Pvt. Ltd.
• Samvardhana Motherson Group
• AMES Group Sintering
• ExOne
• Kennametal Inc.
• Höganäs North America
• Powder Alloy Corporation
• Kyocera Corporation
• FJ Sintered Metals
What Are The Key Trends In The Powder Metallurgy Global Market Report 2025?
• Increased application in industrial machinery and automation
• Focus on sustainability and recycling in manufacturing processes
• Greater demand from consumer electronics sector
• Growing usage in manufacture of medical devices and implants
• Contributing significantly to renewable energy infrastructure
What Are The Segments Of The Global Powder Metallurgy Global Market Report 2025?
• By Material: Titanium, Nickel, Steel, Aluminum, Cobalt, Other Materials
• By Process: Additive Manufacturing, Metal Injection Molding, Powder Metal Hot Isostatic Pressing
• By Type: Ferrous, Non-Ferrous
• By Application: Aerospace and Defense, Automotive, Medical and Dental, Oil and Gas, Other Applications
Which Region Leads The Powder Metallurgy Global Market Report 2025?
Asia-Pacific was the largest region in the powder metallurgy market in 2024. However, North America is expected to be the fastest-growing region in the forecast period. The report covers varying regional markets, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Powder Metallurgy Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Powder Metallurgy Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various sub-segments within the Powder Metallurgy Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall Powder Metallurgy Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Powder Metallurgy Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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