South Korea Gas Atomized Powder Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 9.3% from 2024 to 2030.
The South Korea Gas Atomized Powder Market is witnessing significant growth, driven by the increasing demand across various industries. These powders, produced using a gas atomization process, are used extensively in sectors like aerospace, automotive, and medical. The key appeal of gas atomized powders lies in their superior characteristics, including fine particle size, uniformity, and excellent flowability. These features make them ideal for powder metallurgy, additive manufacturing, and other precision applications that demand high-quality materials.
Industries that require gas atomized powders in South Korea are diverse, but some of the largest contributors to the market's expansion are the aerospace and automotive sectors. The aerospace industry uses these powders for components that must withstand extreme conditions, ensuring reliability and performance. In the automotive sector, gas atomized powders are commonly used in engine parts and lightweight structural components, where strength and durability are critical. The medical industry also sees applications in implants and devices, where high precision and biocompatibility are paramount.
In addition to these, the demand for gas atomized powders is accelerating in the field of 3D printing or additive manufacturing. This innovative technology requires materials with exceptional quality to build complex structures layer by layer, and gas atomized powders meet this need perfectly. With the growing adoption of 3D printing in South Korea's manufacturing sector, especially in industries like automotive and healthcare, the need for these powders is expected to continue to rise.
Moreover, the demand for gas atomized powders is influenced by the need for high-performance materials that can be tailored to specific industrial requirements. As industries strive for enhanced efficiency, reduced weight, and improved functionality, the precise control over powder properties provided by gas atomization is a crucial factor. With advancements in technology, companies are now able to fine-tune powder characteristics such as particle size distribution and surface morphology, making them even more valuable in applications that require precision.
The South Korea Gas Atomized Powder Market is thus characterized by its versatility and critical role in the manufacturing processes of key industries. As these industries evolve and demand continues to rise, the market for gas atomized powders in South Korea is poised for sustained growth.
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Fukuda Metal Foil & Powder
CNPC
Kymera International
Safina
Gripm Advanced Materials
SCHLENK
Changsung Corporation
SMM Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Gas Atomized Powder Market
Stainless Steel
Nickel Alloys
Cobalt Alloys
Iron Alloys
Aluminum Alloys
Titanium Alloys
Aerospace
Automotive
Healthcare
Electronics
Energy
Others
3D Printing
Powder Metallurgy
Ceramic Coating
Thermal Spray Coatings
Metal Injection Molding
Micro-sized
Fine-sized
Ultra-fine-sized
Gas Atomization
Water Atomization
Plasma Atomization
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Gas Atomized Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Gas Atomized Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Gas Atomized Powder Market, By Type
6. South Korea Gas Atomized Powder Market, By Application
7. South Korea Gas Atomized Powder Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Gas Atomized Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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