Global Powder Metallurgy Markets, 2018-2022 & 2022-2027 - Powder Metallurgy's Green Credentials Expand the Technology's Adoption

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Nov 08, 2022, 10:45 ET

DUBLIN, Nov. 8, 2022 /PRNewswire/ -- The "Powder Metallurgy - A Global Market Overview 2022" report has been added to ResearchAndMarkets.com's offering.

The report reviews, analyzes and projects the global Powder Metallurgy market for the period 2018-2027 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2027

Powder Metallurgy is a technique utilized for processing powdered raw materials and producing a variety of components based on iron & steel powders (ferrous) and aluminum, cobalt, copper, nickel and titanium, among others (non-ferrous).

The components made using powder metallurgy are very strong and can withstand working environments that conventionally produced parts cannot. The demand for this procedure has been exhibiting quite impressive growth over the recent past, though the advent of COVID-19 has changed the scenario to some extent.

The global demand for Powder Metallurgy components and parts is anticipated to be the largest for the Automotive sector, though the fastest growing for the Aerospace sector. Advancements in material technology have enabled in producing metal powders that can act as replacements for traditionally used bulky metal components to reduce space and weight, thereby enhancing efficiency of the final product in its applicable area.

Research Findings & Coverage

Powder Metallurgy global market is explored in this report with respect to metal types and key applications
The study extensively analyzes each metal type and key application of powder metallurgy in all major regions for the analysis period
Powder Metallurgy's Green Credentials Expand the Technology's Adoption
Studies on Flake Powder Metallurgy (FPM), an Emerging Technology, Show Good Prospects
Powder Metallurgy Set to Gain Traction in Medicine
3D Printing to Revolutionize Powder Metallurgy but Challenges Remain
Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
Major companies profiled - 34
The industry guide includes the contact details for 272 companies

KEY BUSINESS & PRODUCT TRENDS

Allegheny Technologies Incorporated - ATI Completes Sale of Sheffield, UK Operation
Hoganas to close Hoganas Environment Solutions, LLC. to focus on its core business - Hoganas
Miba: Miba acquires majority interest in battery specialist Voltlabor - Growth to be further accelerated under new name "Miba Battery Systems"
Sandvik to acquire Spain-based Preziss, a solutions provider for aluminum and composite machining - Sandvik Group
Sandvik to acquire US based custom tooling manufacturer Peterson Tool Company - Sandvik Group
Hoganas now offers titanium powders for additive manufacturing - Hoganas
Sandvik introduces 3D-printed cemented carbide - Sandvik Group
Materials authority Sandvik introduces 3D printed components in cemented carbide - enabled by patented process - Sandvik Additive Manufacturing
Allegheny Technologies Incorporated - ATI Announces Termination of Joint Venture with Russian-Based VSMPO
University of Waterloo and Rio Tinto look to water atomised powder for low-cost Binder Jetting
Sandvik co-launches guidelines for testing additively manufactured stainless steels - Sandvik Additive Manufacturing
Hoganas joins the Additive Manufacturing Green Trade Association as a founding member - Hoganas
News: POLEMA doubles the output of AM metal powders in 2021 (polema-rus.com)
A partnership between Hoganas and Piab is set to make additive manufacturing more sustainable and efficient - Hoganas
News: POLEMA supplied products for a thermonuclear reactor in France
Announcement of the Contract Conclusion to Transfer Showa Denko Materials' Ceramics Business
Showa Denko Materials Develops Its Own MI Platform for Functional Materials to Offer Speedy Materials Recommendations
Sandvik increases manufacturing capacity in metal powders for Additive Manufacturing - Sandvik Additive Manufacturing
Showa Denko Materials' Anode Materials for Lithium-ion Batteries Adopted for Toyota's New "Aqua"
GaN Semiconductors are Enabling New X-band Radars - Sumitomo Electric Industries
Hoganas expands production capabilities in Laufenburg - Hoganas
Hoganas closes its production in Niagara Falls, USA due to hydrogen gas supply shortage - Hoganas
Showa Denko Materials Establishes the "JOINT2" Consortium for
Showa Denko Materials to Launch the Mass Production of "MCL-E-795G,"
H.C. Starck Tungsten patents an innovative reverse osmosis process - H.C. Starck Tungsten Powders
First Swedish plant with large-scale water treatment using by-products from the steel industry - Hoganas
Hoganas settles supply agreement with US-based KBM Advanced Materials that launches new sales platform for additive manufacturing powder - Hoganas
Hoganas' fine powder atomisation building in Johnstown supports the growing demand for high alloy products - Hoganas
News: POLEMA increased the production output in the first half of 2021
GKN Additive develops 3D printing process for low alloy dual-phase steels DPLA and FSLA
Miba: Miba sputter technology is awarded Supplier Gold certification by Pratt and Whitney
News: POLEMA has mastered new powder grades for AM and weld-deposition
Rio Tinto develops new water atomised steel powder
Announcement of Transfer of Printed Wiring Board Business
Rio Tinto develops new steel powder for 3-D printing
Announcement of Acquiring 100% Ownership of Hitachi Chemical Diagnostics System
Allegheny Technologies Incorporated - ATI Completes Sale of Flowform Products to Consolidated Boring, Inc.
Miba: Miba products for medical devices
News: POLEMA became the first Russian supplier of powders for 3D printing of ship and aircraft engine parts
Experience Refractory Metals Innovations in a Brand-New Virtual Environment (hcstarcksolutions.com)
Showa Denko Materials to Boost Its Production Capacity for CMP Slurries, Laminate Materials for Printed Wiring Boards, and Photosensitive Solder Resists in Taiwan
Hoganas lands major Cleanit EC test project in China - Hoganas
Hoganas and Lincotek sign cooperation agreement - Hoganas
Hoganas launches powder mix
FORECAST 3D reaches 1 million shipped nasal swab milestone for COVID-19 testing
GKN Powder Metallurgy business FORECAST 3D launches face shields, stopgap masks, nasal swabs, and other critical PPE products to battle COVID-19
FORECAST 3D partners with specialty chemicals expert Lubrizol to industrialize 3D applications through thermoplastic powder (gknpm.com)
GKN Powder Metallurgy Acquires FORECAST 3D, Expands Additive Manufacturing Capabilities to Include Plastics (gknpm.com)
Sumitomo Electric Acquires Two Companies of European Powdered Metal Components Manufacturer Sinterwerke Group

KEY MARKET TRENDS

Powder Metallurgy's Green Credentials Expand the Technology's Adoption
Economical Process for Developing Metal Additive Manufacturing Process Developed
Studies on Flake Powder Metallurgy (FPM), an Emerging Technology, Show Good Prospects
Inherent Sustainability Drives the Powder Metallurgy Market
Recent Advances in Powder Metallurgy Technology
Direct Current Plasma Sintering Technique: An Innovation in Powder Metallurgy
Future of Powder Metallurgy in Auto Industry Secure
Powder Metallurgy Set to Gain Traction in Medicine
3D Printing to Revolutionize Powder Metallurgy but Challenges Remain

KEY GLOBAL PLAYERS