Additive Manufacturing Reshapes Powder Metallurgy Market Landscape: A Key Catalyst Accelerating Powder Metallurgy Market Growth in 2025

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Powder Metallurgy Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a significant expansion in the size of the powder metallurgy market. It is predicted to climb from a value of $4.12 billion in 2024 to $4.43 billion in 2025, showing a compound annual growth rate (CAGR) of 7.5%. The surge during the historical timeframe can be credited to progress in materials designed for renewable energy, escalation in the field of industrial machinery and automation, the advent of additive manufacturing, formulation of specialized alloys, and an upswing in the demand for consumer electronics.

Powder Metallurgy Market Size Forecast: What's the Projected Valuation by 2029?
The market value of powder metallurgy is anticipated to significantly increase in the upcoming years, predicting an enlargement to $6.41 billion by 2029 with a compound annual growth rate (CAGR) of 9.7%. The likely expansion in the forecast period is a result of improved manufacturing sustainability, additive manufacturing advancements, the integration of powder metallurgy in the aerospace sector, and the creation of high-performance alloys. Industrial applications and machinery, sustainable and recycling initiatives, the consumer electronics industry, medical equipment and implants, as well as renewable energy structures form the primary trends expected in the forecast period.

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What Are the Drivers Transforming the Powder Metallurgy Market?
The growth of the powder metallurgy market is likely to be fueled by the escalating adoption of additive manufacturing. This computer-aided process, also referred to as 3D printing, involves the fabrication of 3D objects through recurring layers of single molecule materials. Additive manufacturing plays a significant role in powder metallurgy and predominantly uses metal powders or metal alloy powders to construct objects layer by layer. The growing reliance on additive manufacturing has augmented the need for more metal powders, thereby boosting the demand for powder metallurgy. As per the National Center for Biotechnology Information, a US government-funded organization, additive manufacturing accounts for an estimated $667 million of value added globally, equating to 0.01% of the entire global manufacturing value added. In the United States alone, this value added stands at around $241 million. As such, the rising adoption of additive manufacturing is projected to propel the expansion of the powder metallurgy market.

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Which Fast-Growing Trends Are Poised to Disrupt the Powder Metallurgy Market?
The surge in product inventions is a growing trend observed in the powder metallurgy industry. Preeminent corporations within this market persistently bring forth innovations to maintain their enterprise's survival. For example, in July 2022, a German firm specializing in laser sintering 3D printing technology, EOS GmbH, introduced EOS NickelAlloy HAYNES specifically for additive manufacturing machines. This nickel-based superalloy, enhanced by precipitation, strikes a balance between high-temperature durability, thermal stability, and workability. This substance is the resultant product of the powder metallurgy procedure. The material is used predominantly in components for gas turbines, turbomachinery, and engines for aerospace and rockets, along with applications in the energy segment. EOS NickelAlloy HAYNES 282 is recognized for its high pliability and minimal strength.

Which Segments in the Powder Metallurgy Market Offer the Most Profit Potential?
The powder metallurgy market covered in this report is segmented -

1) By Material: Titanium, Nickel, Steel, Aluminum, Cobalt, Other Materials
2) By Process: Additive Manufacturing, Metal Injection Molding, Powder Metal Hot Isostatic Pressing
3) By Type: Ferrous, Non-Ferrous
4) By Application: Aerospace and Defense, Automotive, Medical and Dental, Oil and Gas, Other Applications

Subsegments:
1) By Titanium: Titanium Powder, Titanium Alloy Powder
2) By Nickel: Nickel Powder, Nickel Alloy Powder
3) By Steel: Stainless Steel Powder, Carbon Steel Powder, Low Alloy Steel Powder
4) By Aluminum: Aluminum Powder, Aluminum Alloy Powder
5) By Cobalt: Cobalt Powder, Cobalt Alloy Powder
6) By Other Materials: Copper Powder, Molybdenum Powder, Iron Powder, Others

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Which Firms Dominate the Powder Metallurgy Market by Market Share and Revenue in 2025?
Major companies operating in the powder metallurgy market include 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

Which Regions Offer the Highest Growth Potential in the Powder Metallurgy Market?
Asia-Pacific was the largest region in the powder metallurgy market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the powder metallurgy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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