Press release
Innovative Advancements In Sintered Steel Trend: A Crucial Influence on the Sintered Steel Global Market Report 2025 Market's Transformation in 2025
Sintered Steel Market Size
The boom in the automotive industry and the escalating demand for unique designs are boosting the sintered steel market's expansion. The ideas of electrified, autonomous, connected, and shared mobility are likely to spur innovation in the automotive industry. The escalating pace of technological advancements, notably in software-oriented systems, will necessitate the ability to upgrade vehicles. The automotive industry is increasingly employing sintered parts in applications where they serve as alternatives to established forged components. To illustrate, the Board of Governors of the Federal Reserve System, an agency of the US Government, reported an increase in total vehicle production in the US to 11.77 million units in July 2023, a significant rise from 10.91 million units in June. This surge in the automotive industry coupled with an ever-growing demand for innovative designs is set to propel the sintered steel market.
Get Your Sintered Steel Global Market Report 2025 Market Report Here:
https://www.thebusinessresearchcompany.com/report/sintered-steel-global-market-report
What growth opportunities are expected to drive the sintered steel global market report 2025 market's CAGR through 2034?
In recent years, the sintered steel market has been on a steady incline. The market, which is projected to rise from $16.44 billion in 2024 to $17.23 billion in 2025, boasts a compound annual growth rate (CAGR) of 4.8%. Factors contributing to growth during the historic period include the need for lightweight and high-performing materials, the increased use of sintered steel in the automotive industry, growth in the manufacturing and industrial sectors, the requirement for robust and long-lasting materials, and the growth of the electronics industry.
The market for sintered steel is predicted to witness a steady increase in the upcoming years, reaching a value of $20.7 billion by 2029, with a compound annual growth rate (CAGR) of 4.7%. This expected rise during the forecast period is due to factors like the expanding electric vehicle (EV) industry, increased demand in the aerospace sector, demand from the renewable energy industry, advancements in additive manufacturing, and oil and gas exploration activities. The prediction period also features key tendencies such as the development of powder metallurgy, incorporation of sophisticated alloys, digital transformation and the arrival of industry 4.0, its application in 5g technology, and the rise of innovative advancements in the powder metallurgy business.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5678&type=smp
What are the emerging trends shaping the future of the sintered steel global market report 2025 market?
Major organisations in the sintered steel market are prioritising the invention of new processing technologies like metal injection moulding. This strategy caters to the need for crafting small, detailed steel components at scale. The technique of metal injection moulding is an innovative manufacturing solution that blends powder metallurgy with plastic injection moulding, yielding high precision and efficiency in producing complex metal pieces. In a case study from June 2024, Desktop Metal, an American technology firm, introduced the PureSinter Furnace. This high-purity, one-cycle debinding and sintering system is engineered for processing metal parts obtained from additive manufacturing methods like bound metal deposition and binder jetting, alongside conventional methods like metal injection molding (MIM) and press and sinter. The system addresses the prevalent problem of sintering contamination with its unique design that incorporates hot walls to avert accumulation, ensuring a sealed environment for augmented purity and efficiency. Capable of hitting 1,420°C, the system supports various gases like argon, nitrogen, forming gas, and air. It also boasts an advanced cooling system that makes water cooling redundant.
Which growth-oriented segments of the sintered steel global market report 2025 market are leading the industry's development?
The sintered steel market covered in this report is segmented -
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 Application: Engines, Transmissions, Body, Chassis, Drivetrain, Electrical, Other Applications
4) By End-User Industry: Transportation, Industrial, Electrical, Other End-Users
Subsegments:
1) By Stainless Steel: Austenitic Stainless Steel, Ferritic Stainless Steel, Martensitic Stainless Steel
2) By Carbon Steel: Low Carbon Steel, Medium Carbon Steel, High Carbon Steel
3) By Alloy Steel: Low-Alloy Steel, High-Alloy Steel
4) By Tool Steel: High-Speed Steel (HSS), Cold Work Tool Steel, Hot Work Tool Steel
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5678
What regions are leading the charge in the sintered steel global market report 2025 market?
Asia-Pacific was the largest region in the sintered steel market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the sintered steel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the sintered steel global market report 2025 market?
Major companies operating in the sintered steel market include CNPC Powders Inc., Guest Keen & Nettlefolds Ltd., Samvardhana Motherson International Ltd., Hitachi Chemical Co. Ltd., The Miba Group AG, ASCO Sintering Co., Sintercom India Ltd., AMES BARCELONA SINTERING S. A., Schunk Sinter Metals GmbH, CNPC Powders Inc., Erasteel Ltd., Advanced Technology (Bazhou) Special Powder Ltd., Hoganas AB, Polema JSC, Sintered Metal Corporation, Posco India Pvt. Ltd., Nippon Steel Corporation, Outokumpu Oyj, ArcelorMittal SA, Schmolz+Bickenbach AG, Thyssenkrupp Stainless AG, Acerinox S. A., Mirach Metallurgy Co., SSI Sintered Specialties LLC, Mechanical and Chemical Industry Corporation, Atlas Pressed Metals, Technymon Global Bearing Technologies S. r. l, Federal-Mogul Goetze Limited, Resonac Corp., Stackpole International Ltd., Tungsten Heavy Powder Inc., Umicore S. A., VAC AERO International Inc., Valtimet Oy
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5678&type=smp
What Is Covered In The Sintered Steel Global Market Report 2025 Global Market Report?
•Market Size Forecast: Examine the sintered steel global market report 2025 market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sintered steel global market report 2025 market for a structured understanding.
•Key Players Overview: Analyze major players in the sintered steel global market report 2025 market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sintered steel global market report 2025 market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sintered steel global market report 2025 market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sintered steel global market report 2025 market.
•Industry Challenges: Identify potential risks and obstacles affecting the sintered steel global market report 2025 market.
•Competitive Landscape: Review strategic developments in the sintered steel global market report 2025 market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Innovative Advancements In Sintered Steel Trend: A Crucial Influence on the Sintered Steel Global Market Report 2025 Market's Transformation in 2025 here
News-ID: 3884878 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Steel
Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee …
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Steel Beams Market are:
ArcelorMittal (Luxembourg), Nippon Steel (Japan),…
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel …
Market Description -
Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
