Europe Atomised Steel Powder Market was valued at USD 1.3 Billion in 2022 and is projected to reach USD 2.2 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The Atomised Steel Powder Market in Europe has been gaining significant traction across various industries due to its exceptional properties and versatile applications. This specialized powder is primarily used in additive manufacturing (3D printing), powder metallurgy, and coatings, providing industries with enhanced performance and cost-effective solutions. As demand for more innovative materials grows, the need for atomised steel powder continues to rise, especially in sectors such as automotive, aerospace, and manufacturing.
One of the primary factors driving the Atomised Steel Powder Market is the surge in demand for lightweight and durable materials. The automotive industry, in particular, is increasingly adopting these powders for producing parts that are both strong and lightweight. The demand for more fuel-efficient vehicles has led to the use of high-strength steel powders, which help reduce weight without compromising structural integrity.
In the aerospace industry, atomised steel powder is being used to manufacture complex components that require precision and durability. The material's ability to withstand extreme temperatures and stresses makes it ideal for aircraft parts, ensuring safety and performance. The powder’s role in powder metallurgy also enhances the production of high-performance components for critical applications.
The application of atomised steel powder is not just limited to automotive and aerospace. In the manufacturing sector, it is increasingly being used to produce gears, bearings, and other mechanical components that require high precision. The versatility of atomised steel powder allows manufacturers to produce these parts with reduced waste and lower energy consumption, making it an environmentally sustainable choice for many industries.
As these industries evolve, the requirements for atomised steel powder are also changing. More companies are seeking powders with finer particle sizes for improved consistency and performance. Additionally, advances in production technologies are leading to the development of new, customized steel powders that cater to specific industrial needs.
The Atomised Steel Powder Market is set for significant growth as industries continue to explore new applications and technologies. With its proven performance and expanding range of uses, atomised steel powder will play an increasingly pivotal role in meeting the evolving demands of European industries.
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Hoganas
GKN (Hoeganaes)
Rio Tinto Metal Powders
Pometon
Kobelco
JFE
Laiwu Iron&Steel Group
Jiande Yitong
BaZhou HongSheng
CNPC Powder Material
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 Europe Atomised Steel Powder Market
Metal Injection Molding (MIM)
Additive Manufacturing
Thermal Spray Coatings
Hard Facing
3D Printing
Gas Atomization
Water Atomization
Mechanical Atomization
Electrode Induction Melting
Plasma Atomization
Ultra-fine Powder (< 10 µm)
Fine Powder (10 - 25 µm)
Medium Powder (26 - 50 µm)
Coarse Powder (> 50 µm)
Custom-Sized Powder
Aerospace
Automotive
Medical Devices
Energy
Manufacturing
Loose Powder
Pre-alloyed Powder
Coated Powder
Composite Powder
Blended Powder
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Atomised Steel 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. Europe Atomised Steel Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Atomised Steel Powder Market, By Type
6. Europe Atomised Steel Powder Market, By Application
7. Europe Atomised Steel Powder Market, By Geography
Europe
Germany
UK
France
8. Europe Atomised Steel Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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