Metal Powder Market Projected to Reach USD 11.85 Billion by 2030, Growing at a CAGR of 6.9% 

Metal Powder Market Projected to Reach USD 11.85 Billion by 2030, Growing at a CAGR of 6.9%

Summary: The Metal Powder market, valued at USD 7.42 billion in 2023, is expected to experience robust growth, reaching nearly USD 11.85 billion by 2030, with a compound annual growth rate (CAGR) of 6.9%. This comprehensive report provides insights into market dynamics, regional trends, key players, and growth opportunities.

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A) Market Size

The global Metal Powder market was valued at USD 7.42 billion in 2023 and is anticipated to grow at a CAGR of 6.9% during the forecast period from 2024 to 2030. This growth reflects increasing applications across various industries, particularly in automotive and aerospace sectors, driving demand for advanced manufacturing technologies.

B) Scope and Research Methodology

The Metal Powder Industry Report offers a thorough analysis of market trends and dynamics, leveraging data from leading industry analysts. This study encompasses extensive regional analysis, competitive landscapes, and a detailed examination of growth drivers, opportunities, restraints, and challenges anticipated in the market.

C) Report Coverage

This report provides a clear and concise overview of the Metal Powder market, utilizing graphs, tables, and pie charts to facilitate quick access to critical data. Key market insights include revenue forecasts, market dynamics, and in-depth analyses of major players and their strategies.

D) Overview

The Metal Powder market has seen significant advancements in production technologies, which are expected to further propel market growth. The increasing adoption of additive manufacturing and metal injection molding is particularly noteworthy, as these methods allow for greater design flexibility and efficiency.

E) Dynamics

Key drivers for market growth include the rising demand for lightweight materials in the automotive and aerospace sectors, increasing investment in research and development, and the growing trend of using metal powders in additive manufacturing processes. However, challenges such as fluctuating raw material prices and environmental regulations could impact market expansion.

F) Segmentation

The market is segmented based on material, technology, and end-use industry:

• By Material:

  • Ferrous

  • Non-ferrous

• By Technology:

  • Press & Sinter

  • Metal Injection Molding

  • Additive Manufacturing

  • Others

• By End-use Industry:

  • Automotive

  • Aerospace & Defense

  • Healthcare

  • Others

G) Key Players Include

Prominent players in the Metal Powder market include:

1. Sandvik AB

2. ATI Powder Metals

3. AMG Advanced Metallurgical Group

4. Rio Tinto Plc

5. American Axle & Manufacturing, Inc.

6. Carpenter Powdered Products

7. Showa Denko Materials

8. GKN Plc

9. Praxair Surface Technologies Inc.

10. Aubert & Duval

11. Hoganas AB

12. voestalpine BÖHLER Edelstahl GmbH & Co KG

13. Royal Metal Powders

14. Australian Metal Powders Supplies Pty Ltd.

15. CNPC Powder Group Co., Ltd.

H) Key Offerings

• Market Share, Size, and Forecast by Revenue | 2024-2030

• Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends

• Market Segmentation: A detailed analysis of the Metal Powder industry

• Competitive Landscape: Analysis of leading and emerging players in the market

I) Table of Contents:

1. Executive Summary

2. Market Overview

3. Market Dynamics

4. Market Segmentation

5. Regional Analysis

6. Competitive Landscape

7. Conclusion

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About Us: Maximize Market Research is a leading market research and business consulting firm dedicated to delivering practical insights and driving revenue growth for our clients. Our expertise spans various sectors, including IT, chemicals, aerospace, and healthcare. We provide comprehensive reports and strategic guidance to help businesses navigate competitive landscapes effectively.

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