Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Material Volume (Metric Ton), Price, Demand & Sales Analysis by Material & Application The global powder metallurgy market will witness a robust CAGR of 12.5%, valued at $2.63 billion in 2021, and expected to appreciate and reach $2.96 billion in 2022 and $7.60 Bn by 2030, confirms Strategic Market Research. Powder metallurgy (PM) is a process in which components or materials are manufactured or produced by metal powders. It is mainly used to manufacture unique components which are impossible to manufacture by forming or melting in other ways, like WC (tungsten carbide). Powder metallurgy helps to reduce losses in manufacturing and gives low-cost products. It is a time-saving, cost-effective, and effort-free method. It converts the starting material into the required powder form and then sticks the powder to form a desirable unique product. Compared to conventional manufacturing techniques, including casting, extrusion, forging, stamping, and machining, powder metallurgy is an energy-efficient process that provides better performance and greater design freedom. The necessity for metal removal processes may be completely eliminated or much reduced by using PM technologies, which often results in lower pricing and a large reduction in manufacturing yield losses. Powder metallurgy is utilized to manufacture internal parts of machines like gears, rotors, bushings, bearings, and magnets. Pulverization, sintering, & die compaction are three pivotal phases in the process of powder metallurgy. The powder is typically compacted at room temperature, and elevated-temperature sintering is typically carried out under rigorous atmospheric composition control at atmospheric pressure. It generally uses the die-pressing technique. The techniques used for powder production include sponge iron, atomization, and centrifugal disintegration. Secondary processing, such as heat treatment or coining, is commonly used to provide unique qualities or improve precision. Isostatic powder compacting, sintering, continuous powder processing, spray forming, and metalworking are the process utilized in powder metallurgy. Major industries utilizing powder metallurgy are automotive, aerospace, electronics & electrical. As per the Metal Powder Industries Federation, Powder metallurgy uses over 97% of the raw materials in the manufactured finished component. This allows the industry to be recognized as a green technology. The increasing need for powder metallurgy in manufacturing automotive components, an increase in the adoption rate of additive manufacturing to reduce the weight of components used in the defence, aerospace, and healthcare sectors, and technological advancement in electrical & electronics components are the factors driving the market. The Asia- Pacific region dominated the market in 2020. Furthermore, if the material parts are being created to reach uniform levels of hardness, the pressing action utilized in PM production calls for a higher degree of control. Die-pressing machinery is most frequently utilised for PM. Depending on the amount of powder being processed, various sorts of powder compressing presses are provided. The market offers mechanical, servo-electrical, and hydraulic presses, with the latter being used for the highest throughputs of powder. But the majority of them are totally automated. Metallurgy is a very important part of the manufacturing industry as most machines, industrial parts, and components are manufactured from metals. There is a rising demand for advanced metal parts that are lighter but stronger; hence, the idea of metal powder-based manufacturing is gaining traction. It must be noted that all the higher-end applications of metals, such as automotive engines, machine parts, etc., are adopting powder metallurgy. The modern automobile industry is looking for ways to make the body of vehicles lighter, and to meet this requirement, various combinations of alloy are being used. However, powered metal-based manufacturing is the most advanced technology that is being adopted to manufacture lightweight cars and commercial vehicles. As the world is moving towards electric vehicles, there is going to be a high demand for technologies that are aimed to modernize the overall vehicle architecture and reduce the weight of the structures. The powder metallurgy technique is prevailing in the market for a decent amount of time and is already a mainstream technology in industries like aircraft manufacturing, the healthcare industry, and even military and defence. For example, in the healthcare industry, advanced surgical equipment, medical devices, and many sophisticated metal parts and components are already being manufactured using metal powders. All of the above-mentioned factors are propelling the worldwide growth rate of the market extensively. Market Drivers- (Increase in the need for additive manufacturing, an increase in applications in the Automotive Industry, and a rise in the need for powder metallurgy in end-use industries like automotive, healthcare, electronics, and electrical) The need for 3D printing, also known as additive manufacturing, inculcates a plethora of properties such as cost-effectiveness, reduced weight, and complexity reduction in designs, thereby attracting various manufacturers to implement powder metallurgy technology in manufacturing processes. 3D printing is used in various industrial sectors, such as medical, jewellery, food, footwear, and aerospace. Hence, 3D printing is one of the pivotal factors driving the powder metallurgy industry. Powder Metallurgy application in the automotive industry is rising at a rapid pace as it is seen as a perfect alternative for machined or the cast parts. The increased emphasis to increase fuel efficiency in various developing countries is propelling the overall demand for powder metallurgy in the automotive segment. Rapid surge in the demand for lightweight materials, lightweight vehicles, metal powder forging, as well as warm compaction is driving the global demand for powder metallurgy components. The increase in the need for powder metallurgy in end-use industries like automotive, healthcare, electronics, and electrical is driving the market's growth. The surge in usage of electrical and electronic equipment in homes and offices has increased the demand for powder metallurgy over the years. Rapid advancements in technologies and surge in the application of powdered metals in electrical as well as electronic devices like the electronic gadgets, car batteries are poised to boost the powder metallurgy market throughout the forecast period. Aerospace components are making the usage of powder metallurgy due to the rising demand for high heat capacity, controlled porosity, as well as high modulus of elasticity. The rise in the demand for thermoplastic components in the aerospace industry is surging the global demand for powder metallurgy. Restraints:- As the powder forms compaction, so its internal pores can’t be eradicated completely. This is by far the most genuine reason for poor strength & toughness efficacy of powder metallurgy products as compared to forging and casting with corresponding components. Moreover, the fluidity pH level of metal powder are poor compared to molten metal, and hence its size and shape gets limited up to a certain extent (up to 10kg). Furthermore, the compression molding & stamping price of the metallurgy powders are much higher compared to other sorts of industry powders & hence it’s only eligible in the case of mass production. All of the aforesaid pointers are plummeting the market growth. Opportunities - (A surge in Drivetrain applications, and rise in usage of NdFeB super hard magnets, and SMCs to produce the most prevalent type of magnets) Powder metallurgy incorporates a plethora of procedures with special designed metal powders in order to fulfil the continuously rising demand of a variety of drivetrain applications especially Powertrain. The powdered metal/PM procedure chain permits an energy efficient production of the powertrain components and hence leads to a green (environment friendly) production process. Thus, PM/powder metal powertrain components is regarded as a highly efficient price saving factor. This, in turn will cater to extensive opportunities for market progression in future. As per SMR, majority of the cars that were manufactured in USA had gasoline powertrain. In 2021, approximately 86.1% of the cars produced in the U.S. consisted of a gasoline powertrain, around 3% of EV powertrain, & almost 9% gasoline-hybrid powertrain respectively. PM with exceptionally good characteristics can be used to create both soft and hard magnets. The most prevalent types of magnets made of PM are NdFeB superhard magnets and soft magnetic composites (SMCs) such as the production of Sintered Soft Magnetic parts. Additionally, due to demographic factors, the demand of MIM (metal injection moulding) is expanding, especially in the medical sector, which is a rapidly expanding the industry. Hence, it can be said that PM is moving forward with an exponential growth rate which, in turn, will cater to extensive opportunities for growth in future. Global powder metallurgy Market: - Analysis of different Segmentations: The worldwide Powder Metallurgy market is ramified By Type, Material, Manufacturing Process, Applications, and Region Based on Type Ferrous Non-ferrous Based on Material Titanium Steel Nickel Aluminium Others Based on manufacturing process Additive Manufacturing Powder bed Blown powder PM HIP (Power metal hot isostatic pressing) Metal injection molding Others Based on Application Automotive Industrial Machinery Electrical and Electronics Aerospace Other Applications Based on Regions: North America • U.S. • Mexico • Canada • Rest of North America Europe • France • Germany • U.K • Spain • Italy • Rest of Europe Asia Pacific • China • India • South Korea • Japan • Australia • Rest of APAC LAMEA • Brazil • Saudi Arabia • Uruguay • Argentina • Rest of LAMEA Based on Type, the ferrous type segment dominated the overall market with a share of 80 percent in 2020. As per Metal Powder Industries Federation, the automotive industry consumes over 70% of the ferrous powder metallurgy components. More than 350 automotive component applications are available, creating over 1,000 specific pieces for sale. This is due to the increase in utilization in the production of machines, car frames, and transport driving the segment's overall growth. Based on material, the steel segment accounted for the largest market, with a share of 46.8 percent at a CAGR of 12 percent in 2020. This is due to the factors such as easy availability and low cost. According to the World Steel Association report, about 3650 million tons of steel was produced in 2020. The crude steel production is about 1878 million tons, and apparent steel production is about 1772 million tons. In 2020, China accounted for about 56.6 percent of world steel production. The increasing use of steel powder for various applications in different industries, the utilization of steel in the 3D printing of large products, including machines, car frames, and transport equipment, is also driving the segment's overall growth. Based on the Manufacturing process, the PM HIP segment accounted for the largest market, with a share of 55 percent in 2020. This is due to the factors such as an increase in significance for the components manufacturing industry, higher machining efficiency from PM HIP, and a strong combination of enhanced raw materials. Based on Applications, the automotive segment dominated the market with a CAGR of 3.8 percent in 2020. This is because they can filter gases and liquids and create mechanical parts with a variety of compositions, such as metal-metal and metal-non-metal combinations, due to their regulated porosity and self-lubricating capabilities. It also enables the fabrication of automobile parts with extremely minimal scrap and material waste, excellent dimensional accuracy, and consistency in attributes and dimensions. Automobile parts are made of a variety of metals, including non-ferrous and ferrous metals. According to the OICA, worldwide car manufacturing increased by 3% from 2020 to 80.154 million vehicles in 2021. This should accelerate the market growth.. Based on Regions, The Asia-Pacific accounted for the largest market share with a steady CAGR in 2020. The highest percentage of the Asia-Pacific region can primarily be attributed to high population levels, private investments by various governments, and increasing consumer disposable income that led to the widespread adoption of additive manufacturing in the automotive and healthcare industry. According to JEITA, the net production value of the electronics industry in Japan was around JPY 10.95 trillion in 2021, which is 110% of the production value compared to the last year. The electronics exports in 2021 amounted to JPY 10.82 trillion, with JPY 1.04 trillion in December 2021. Additionally, the Chinese Aviation Industry Development Research Centre reported that China had boosted its 2021 defence budget by 6.8% to 1.35 trillion yuan (USD 209 billion), growing at a faster rate than it did in 2018. Also, by 2025, China's aircraft strength will reach around 5,343. The (+ve) economic growth trends in countries such as Japan, China, and India, have boosted the need for powder metallurgy products and applications. Powder Metallurgy Market Report Coverage Report Attribute Details Forecast Period 2021 - 2030 The market size value in 2021 USD 2.63 Billion The revenue forecast in 2030 USD 7.60 Billion Growth rate 12.5% Base year for estimation 2021 Historical data 2017 - 2020 Unit USD Billion, CAGR (2020 - 2030) Segmentation By Type, By Material, By Manufacturing process, By Application, and By Region. By Type Ferrous and Non-ferrous By Material Titanium, Steel, Nickel, Aluminium By Manufacturing Process Additive Manufacturing, Metal injection molding and Power metal hot isostatic pressing By Application Automotive, Industrial Machinery, Electrical and Electronics and Aerospace By Region North America, Europe, Asia Pacific and LAMEA Country Scope U.S., Canada, France, Germany, U.K., China, Japan, India, South Korea, Mexico, Brazil, U.A.E. etc. Company Usability Profiles Sandvik AB, Carpenter Technology Corporation, Hoganas AB, GKN Plc, Rio Tinto Metal Powders, Allegheny Technologies Incorporated, American Chemet Corporation, POLEMA, Carl Schlenk AG, Hitachi Chemical Co., Ltd, LIBERTY Steel Group, Sumitomo Electric Industries, Ltd, Miba AG, ATI, Metaldyne Performance Group Inc, Molyworks Materials Corporation, Advanced Technology & Materials Co. Ltd., JSC Polema. Global powder metallurgy Market: Competitive Landscape Analysis The competitive landscape analysis provides information about the crucial competitors prevailing in the worldwide market environment. The comparison is performed based on key development strategies, market share, market ranking analysis, overall revenue generation, market initiatives, company overview, investment in R&D, company financials, company strengths and weaknesses, global presence, production capacity, production sites, facilities, market potential, etc. The key players that are included in the powder metallurgy global Market report are: Sandvik AB Carpenter Technology Corporation Hoganas AB GKN Plc Rio Tinto Metal Powders Allegheny Technologies Incorporated American Chemet Corporation POLEMA Carl Schlenk AG Hitachi Chemical Co., Ltd LIBERTY Steel Group Sumitomo Electric Industries, Ltd Miba AG ATI Metaldyne Performance Group Inc. Molyworks Materials Corporation Advanced Technology & Materials Co. Ltd. JSC Polema Recent Developments On November 2022, an American company named Elmet Technologies Inc. reported that it recently provided tungsten powder metallurgy components for usage in the Orion Space Capsule's SLS (Space Launch System) rocket development. The SLS is thought as the most efficient rocket ever created. Elmet created aviation tungsten heavier alloy ballast weighing between 3.2 and 15 kg) for the Orion capsule's heat shield. Elmet's A3LA-accredited lab conducted all laboratory tests for powder and & final checking of mechanical qualities before the tungsten metallic powder parts were compressed, sintered, and machined on-site in Lewiston. In November 2021, GKN Additive developed a 3d printing process for FSLA & low alloy dual-phase steels DPLA for industrial and automotive applications. The company adopted and upgraded DP600-like material for additive manufacturing. It is a commonly used, dual-phase steel in the automobile sector. This advancement allows the introduction of a wide range of designs and operations in the automobile and other industries. In May 2021, Rio Tinto Metal Powders developed a new variety of steel powder for 3D printing, known as water-atomized steel powder. It is made by spraying liquid metal through a special nozzle at high pressure, transforming it into tiny particles. The tiny particles are much smaller than a grain of sand. The metal powder delivers mechanical properties superior to conventional metal manufacturing techniques and can be used across many industries. In September 2020, Sandvik AB announced upgrading its metal powder capabilities for additive manufacturing in medical applications. This is due to the company's medical ISO 13485:2016 certification. Sandvik's titanium powder plant in Sandviken, Sweden, which was inaugurated in 2019, achieved the prestigious 'AS9100D' aerospace certification in 2020. Name of the product Function Key Players ATOMET 1001 A steel powder that is water atomized and very compressible. It is intended for use in powder forging and high-strength, high density, and powder metallurgy. Rio Tinto Metal Powders Transverse flux e-motor (TFM) A 3D design created with soft magnetic composite material, It enables a small and cost-efficient system with superior efficiency. GKN Powder Metallurgy ATOMET 1025 It is a water-atomized low-carbon steel powder suitable for different additive manufacturing applications. Rio Tinto Metal Powders ATI 718Plus It is intended to keep the processing properties of 718 alloy while having thermal stability & high-temperature capability of Waspaloy alloy. ATI Frequently Asked Question About This Report What is the Powder Metallurgy Market size? Powder metallurgy global market size was USD 2.34 billion in 2020. It is predicted to reach USD 7.60 billion by 2030, with a CAGR of 12.5 percent. What is the CAGR value for Powder Metallurgy Market? The CAGR for the Powder Metallurgy Market of 12.5 percent. What is the future value of the Market? The future value of the Market in 2030 is estimated to be USD 7.60 billion. What is the growth rate of the Market? The growth rate of the Market is 12.5 percent from 2021 to 2030. Why the powdered metallurgy is used in industry? The powder metallurgy provides part-to-part uniformity for improved product quality, shape and material flexibility, application versatility, and cost-effectiveness. What is the scope of powder metallurgy? Advancements in the automotive sector in developing countries is the future for powder metallurgy. What are the applications of powder metallurgy? The applications of powder metallurgy are additive manufacturing and selective laser sintering. What are the powder metallurgy market trends? The powder metallurgy market trends are increasing the need for additive manufacturing, an increase in applications in the aerospace and defence sector, and rise in need for powder metallurgy in end-use industries like automotive, healthcare, electronics, and electrical. What is the powder metallurgy market forecast period? The powder metallurgy market forecast period is from 2021 to 2030. Sources: https://www.gknpm.com/en/news-and-media/news-releases/2021/GKN-additive-develops-3D-printing-process-for-low-alloy-dual-phase-steels-DPLA-and-FSLA/ https://www.home.sandvik/en/news-and-media/news/2020/09/sandvik-achieves-iso-134852016-medical-certification-for-its-titanium-powder-plant/ https://www.riotinto.com/en/news/stories/a-new-steel-powder-for-3d-printing https://www.businesswire.com/news/home/20211101005578/en/Desktop-Metal-Triples-Manufacturing-Capacity-for-Production-System-P-50\ 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size By bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size By Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Powder Metallurgy Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Powder Metallurgy Market 4.2.1 market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 market, By region, 2021 - 2030 (USD Million) 4.4 By Type Business Analysis 4.4.1 market, By Type, 2021 - 2030 (USD Million) 4.5 By Material Business Analysis 4.5.1 market, By Material, 2021 - 2030 (USD Million) 4.6 Manufacturing Process Business Analysis 4.6.1 market, By Manufacturing Process, 2021 - 2030 (USD Million) 4.7 Application Business Analysis 4.7.1 market, By Application, 2021 - 2030 (USD Million) 4.8 Value Chain Analysis 4.9 Market Variable Analysis 4.9.1 Market Drivers Analysis 4.9.2 Market Restraints Analysis 4.10 Business Environment Analysis Tool 4.10.1 market PEST analysis 4.10.2 market Porter’s analysis 4.11 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Application Analysis 5.11.1. Trends in Application (2014-2025) 5.11.2. Trends in Application (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By Region, By Country) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Type 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Market: By Type Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Ferrous 7.3.1. Ferrous market, 2021 - 2030 (USD Million) 7.4. Non-ferrous 7.4.1. Non-ferrous market, 2021 - 2030 (USD Million) 8. Market: By Material Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Titanium 8.3.1. Titanium Market, 2021 - 2030 (USD Million) 8.4. Steel 8.4.1. Steel market, 2021 - 2030 (USD Million) 8.5. Nickel 8.5.1. Nickel market, 2021 - 2030 (USD Million) 8.6. Aluminium 8.6.1. Aluminium market, 2021 - 2030 (USD Million) 9. Market: By Manufacturing Process Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Additive Manufacturing 9.3.1. Additive Manufacturing market, 2021 - 2030 (USD Million) 9.4. Metal injection molding 9.4.1. Metal injection molding market, 2021 - 2030 (USD Million) 9.5. Power metal hot isostatic pressing 9.5.1. Power metal hot isostatic pressing market, 2021 - 2030 (USD Million) 10. Market: By Application Segment Analysis 10.1. Introduction 10.2. Sales Volume & Revenue Analysis (2021-2030) 10.3. Automotive 10.3.1. Automotive market, 2021 - 2030 (USD Million) 10.4. Industrial Machinery 10.4.1. Industrial Machinery market, 2021 - 2030 (USD Million) 10.5. Electrical 10.5.1. Electrical Market, 2021 - 2030 (USD Million) 10.6. Electronics and Aerospace 10.6.1. Electronics and Aerospace Market, 2021 - 2030 (USD Million) 11. Market: Regional Outlook 11.1 North America 11.1.1. North America market, By Type, 2021 - 2030 (USD Million) 11.1.2. North America market, By Material, 2021 - 2030 (USD Million) 11.1.3. North America market, By Application, 2021 - 2030 (USD Million) 11.1.4. North America market, By Country, 2021 - 2030 (USD Million) 11.1.4.1. U.S. 11.1.4.1.1. U.S. market, By Type, 2021 - 2030 (USD Million) 11.1.4.1.2. U.S. market, By Material, 2021 - 2030 (USD Million) 11.1.4.1.3. U.S. market, By Application, 2021 - 2030 (USD Million) 11.1.4.2. Canada 11.1.4.2.1. Canada market, By Type, 2021 - 2030 (USD Million) 11.1.4.2.2. Canada market, By Material, 2021 - 2030 (USD Million) 11.1.4.2.3. Canada market, By Application, 2021 - 2030 (USD Million) 11.2. Europe 11.2.1. Europe market, By Type, 2021 - 2030 (USD Million) 11.2.2. Europe market, By Material, 2021 - 2030 (USD Million) 11.2.3. Europe market, By Application, 2021 - 2030 (USD Million) 11.2.4. Europe market, By country, 2021 - 2030 (USD Million) 11.2.4.1 U.K. 11.2.4.1.1. U.K. market, By Type, 2021 - 2030 (USD Million) 11.2.4.1.2. U.K. market, By Material, 2021 - 2030 (USD Million) 11.2.4.1.3. U.K. market, By Application, 2021 - 2030 (USD Million) 11.2.4.2. Germany 11.2.4.2.1. Germany market, By Type, 2021 - 2030 (USD Million) 11.2.4.2.2. Germany market, By Material, 2021 - 2030 (USD Million) 11.2.4.2.3. Germany market, By Application, 2021 - 2030 (USD Million) 11.2.4.3. France 11.2.4.3.1. France market, By Type, 2021 - 2030 (USD Million) 11.2.4.3.2. France market, By Material, 2021 - 2030 (USD Million) 11.2.4.3.3. France market, By Application, 2021 - 2030 (USD Million) 11.2.4.4. Rest of Europe 11.2.4.4.1. Rest of Europe market, By Type, 2021 - 2030 (USD Million) 11.2.4.4.2. Rest of Europe market, By Material, 2021 - 2030 (USD Million) 11.2.4.4.3. Rest of Europe market, By Application, 2021 - 2030 (USD Million) 11.3. Asia Pacific 11.3.1. Asia Pacific market, By Type, 2021 - 2030 (USD Million) 11.3.2. Asia Pacific market, By Material, 2021 - 2030 (USD Million) 11.3.3. Asia Pacific market, By Application, 2021 - 2030 (USD Million) 11.3.4. Asia Pacific market, By country, 2021 - 2030 (USD Million) 11.3.4.1. China 11.3.4.1.1. China market, By Type, 2021 - 2030 (USD Million) 11.3.4.1.2. China market, By Material, 2021 - 2030 (USD Million) 11.3.4.1.3. China market, By Application, 2021 - 2030 (USD Million) 11.3.4.2. India 11.3.4.2.1. India market, By Type, 2021 - 2030 (USD Million) 11.3.4.2.2. India market, By Material, 2021 - 2030 (USD Million) 11.3.4.2.3. India market, By Application, 2021 - 2030 (USD Million) 11.3.4.3. Japan 11.3.4.3.1. Japan market, By Type, 2021 - 2030 (USD Million) 11.3.4.3.2. Japan market, By Material, 2021 - 2030 (USD Million) 11.3.4.3.3. Japan market, By Application, 2021 - 2030 (USD Million) 11.3.4.4. South Korea 11.3.4.4.1. South Korea market, By Type, 2021 - 2030 (USD Million) 11.3.4.4.2. South Korea market, By Material, 2021 - 2030 (USD Million) 11.3.4.4.3. South Korea market, By Application, 2021 - 2030 (USD Million) 11.3.4.5. Rest of ASIA PACIFIC 11.3.4.5.1. Rest of ASIA PACIFIC market, By Type, 2021 - 2030 (USD Million) 11.3.4.5.2. Rest of ASIA PACIFIC market, By Material, 2021 - 2030 (USD Million) 11.3.4.5.3. Rest of ASIA PACIFIC market, By Application, 2021 - 2030 (USD Million) 11.4. Latin America 11.4.1. Latin America market, By Type, 2021 - 2030 (USD Million) 11.4.2. Latin America market, By Material, 2021 - 2030 (USD Million) 11.4.3. Latin America market, By Application, 2021 - 2030 (USD Million) 11.4.4. Latin America market, By country, 2021 - 2030 (USD Million) 11.4.4.1. Brazil 11.4.4.1.1. Brazil market, By Type, 2021 - 2030 (USD Million) 11.4.4.1.2. Brazil market, By Material, 2021 - 2030 (USD Million) 11.4.4.1.3. Brazil market, By Application, 2021 - 2030 (USD Million) 11.4.4.2. Mexico 11.4.4.2.1. Mexico market, By Type, 2021 - 2030 (USD Million) 11.4.4.2.2. Mexico market, By Material, 2021 - 2030 (USD Million) 11.4.4.2.3. Mexico market, By Application, 2021 - 2030 (USD Million) 11.4.4.3. Rest of Latin America 11.4.4.3.1. Rest of the Latin America market, By Type, 2021 - 2030 (USD Million) 11.4.4.3.2. Rest of the Latin America market, By Material, 2021 - 2030 (USD Million) 11.4.4.3.3. Rest of the Latin America market, By Application, 2021 - 2030 (USD Million) 11.5. MEA 11.5.1. MEA market, By Type, 2021 - 2030 (USD Million) 11.5.2. MEA market, By Material, 2021 - 2030 (USD Million) 11.5.3. MEA market, By Application, 2021 - 2030 (USD Million) 11.5.4. MEA market, By region, 2021 - 2030 (USD Million) 12. Competitive Landscape 12.1 Sandvik AB 12.1.1. Company overview 12.1.2. Financial performance 12.1.3. Solutions Portfolio Analysis 12.1.4. Business Strategy & Recent Development 12.2. Carpenter Technology Corporation 12.2.1. Company overview 12.2.2. Financial performance 12.2.3. Solutions Portfolio Analysis 12.2.4. Business Strategy & Recent Development 12.3. Hoganas AB 12.3.1. Company overview 12.3.2. Financial performance 12.3.3. Solutions Portfolio Analysis 12.3.4. Business Strategy & Recent Development 12.4. GKN Plc 12.4.1. Company overview 12.4.2. Financial performance 12.4.3. Solutions Portfolio Analysis 12.4.4. Business Strategy & Recent Development 12.5. Rio Tinto Metal Powders 12.5.1. Company overview 12.5.2. Financial performance 12.5.3. Solutions Portfolio Analysis 12.5.4. Business Strategy & Recent Development 12.6. Allegheny Technologies Incorporated 12.6.1. Company overview 12.6.2. Financial performance 12.6.3. Solutions Portfolio Analysis 12.6.4. Business Strategy & Recent Development 12.7. American Chemet Corporation 12.7.1. Company overview 12.7.2. Financial performance 12.7.3. Solutions Portfolio Analysis 12.7.4. Business Strategy & Recent Development 12.8. POLEMA 12.8.1. Company overview 12.8.2. Financial performance 12.8.3. Solutions Portfolio Analysis 12.8.4. Business Strategy & Recent Development 12.9. Carl Schlenk AG. 12.9.1. Company overview 12.9.2. Financial performance 12.9.3. Solutions Portfolio Analysis 12.9.4. Business Strategy & Recent Development 12.10. Hitachi Chemical Co., Ltd 12.10.1. Company overview 12.10.2. Financial performance 12.10.3. Solutions Portfolio Analysis 12.10.4. Business Strategy & Recent Development 12.11. LIBERTY Steel Group 12.11.1. Company overview 12.11.2. Financial performance 12.11.3. Solutions Portfolio Analysis 12.11.4. Business Strategy & Recent Development 12.12. Sumitomo Electric Industries, Ltd 12.12.1. Company overview 12.12.2. Financial performance 12.12.3. Solutions Portfolio Analysis 12.12.4. Business Strategy & Recent Development 12.13. Miba AG 12.13.1. Company overview 12.13.2. Financial performance 12.13.3. Solutions Portfolio Analysis 12.13.4. Business Strategy & Recent Development 12.14. ATI 12.14.1. Company overview 12.14.2. Financial performance 12.14.3. Solutions Portfolio Analysis 12.14.4. Business Strategy & Recent Development 12.15. Metaldyne Performance Group Inc. 12.15.1. Company overview 12.15.2. Financial performance 12.15.3. Solutions Portfolio Analysis 12.15.4. Business Strategy & Recent Development 12.16. Molyworks Materials Corporation 12.16.1. Company overview 12.16.2. Financial performance 12.16.3. Solutions Portfolio Analysis 12.16.4. Business Strategy & Recent Development 12.17. Advanced Technology & Materials Co. Ltd. 12.17.1. Company overview 12.17.2. Financial performance 12.17.3. Solutions Portfolio Analysis 12.17.4. Business Strategy & Recent Development 12.18. JSC Polema 12.18.1. Company overview 12.18.2. Financial performance 12.18.3. Solutions Portfolio Analysis 12.18.4. Business Strategy & Recent Development List of Tables (71 Tables) TABLE 1. MARKET, By Type, 2021-2030 (USD Million) TABLE 2. MARKET FOR Ferrous, BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR Non-ferrous, BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET, By Material, 2021-2030 (USD Million) TABLE 5. MARKET FOR Titanium, BY REGION, 2021-2030 (USD Million) TABLE 6. MARKET FOR Steel, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET FOR Nickel, BY REGION, 2021-2030 (USD Million) TABLE 8. MARKET FOR Aluminium, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 10. MARKET FOR Automotive, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET FOR Industrial Machinery, BY REGION, 2021-2030 (USD Million) TABLE 12. MARKET FOR Electrical, BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Electronics and Aerospace, BY REGION, 2021-2030 (USD Million) TABLE 14. MARKET FOR Other Applications, BY REGION, 2021-2030 (USD Million) TABLE 15. MARKET, By Manufacturing Process, 2021-2030 (USD Million) TABLE 16. MARKET FOR Additive Manufacturing, BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET FOR Metal injection molding, BY REGION, 2021-2030 (USD Million) TABLE 18. MARKET FOR Power metal hot isostatic pressing, BY REGION, 2021-2030 (USD Million) TABLE 19. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 20. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 21. NORTH AMERICA MARKET, By Type, 2021-2030 (USD Million) TABLE 22. NORTH AMERICA MARKET, By Material, 2021-2030 (USD Million) TABLE 23. NORTH AMERICA MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 24. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 25. EUROPE MARKET, By Type, 2021-2030 (USD Million) TABLE 26. EUROPE MARKET, By Material, 2021-2030 (USD Million) TABLE 27. EUROPE MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 28. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 29. ASIA-PACIFIC MARKET, By Type, 2021-2030 (USD Million) TABLE 30. ASIA-PACIFIC MARKET, By Material, 2021-2030 (USD Million) TABLE 31. ASIA-PACIFIC MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 32. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 33. LAMEA MARKET, By Type, 2021-2030 (USD Million) TABLE 34. LAMEA MARKET, By Manufacturing Process, 2021-2030 (USD Million) TABLE 35. LAMEA MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 36. Sandvik AB: COMPANY SNAPSHOT TABLE 37. Sandvik AB: OPERATING SEGMENTS TABLE 38. Carpenter Technology Corporation: COMPANY SNAPSHOT TABLE 39. Carpenter Technology Corporation: OPERATING SEGMENTS TABLE 40. Hoganas AB : COMPANY SNAPSHOT TABLE 41. Hoganas AB : OPERATING SEGMENTS TABLE 42. GKN Plc: COMPANY SNAPSHOT TABLE 43. GKN Plc: OPERATING SEGMENTS TABLE 44. Rio Tinto Metal Powders: COMPANY SNAPSHOT TABLE 45. Rio Tinto Metal Powders: OPERATING SEGMENTS TABLE 46. Allegheny Technologies Incorporated: COMPANY SNAPSHOT TABLE 47. Allegheny Technologies Incorporated: OPERATING SEGMENTS TABLE 48. American Chemet Corporation: COMPANY SNAPSHOT TABLE 49. American Chemet Corporation: OPERATING SEGMENTS TABLE 50. POLEMA: COMPANY SNAPSHOT TABLE 51. POLEMA: OPERATING SEGMENTS TABLE 52. Carl Schlenk AG: COMPANY SNAPSHOT TABLE 53. Carl Schlenk AG: OPERATING SEGMENTS TABLE 54. Hitachi Chemical Co., Ltd: COMPANY SNAPSHOT TABLE 55. Hitachi Chemical Co., Ltd: OPERATING SEGMENTS TABLE 56. LIBERTY Steel Group: COMPANY SNAPSHOT TABLE 57. LIBERTY Steel Group: OPERATING SEGMENTS TABLE 58. Sumitomo Electric Industries, Ltd: COMPANY SNAPSHOT TABLE 59. Sumitomo Electric Industries, Ltd: OPERATING SEGMENTS TABLE 60. Miba AG: COMPANY SNAPSHOT TABLE 61. Miba AG: OPERATING SEGMENTS TABLE 62. ATI: COMPANY SNAPSHOT TABLE 63. ATI: OPERATING SEGMENTS TABLE 64. Metaldyne Performance Group Inc.: COMPANY SNAPSHOT TABLE 65. Metaldyne Performance Group Inc.: OPERATING SEGMENTS TABLE 66. Molyworks Materials Corporation: COMPANY SNAPSHOT TABLE 67. Molyworks Materials Corporation: OPERATING SEGMENTS TABLE 68. Advanced Technology & Materials Co. Ltd.: COMPANY SNAPSHOT TABLE 69. Advanced Technology & Materials Co. Ltd.: OPERATING SEGMENTS TABLE 70. JSC Polema: COMPANY SNAPSHOT TABLE 71. JSC Polema: OPERATING SEGMENTS List of Figures (22 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Type-Based Estimation Figure 6 Top 18 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2021–2025 Figure 8 Import Data for Powder Metallurgy, By Country, 2020–2025 (USD Thousand) Figure 9 Export Data for Powder Metallurgy, By Country, 2020–2025 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Material, 2021 vs. 2030 (USD Million) Figure 12 Market Share, By Application, 2021 vs. 2030 (USD Million) Figure 13 Market Share, By Type, 2021 vs. 2030 (USD Million) Figure 14 Market Share, By Manufacturing Process, 2021 vs. 2030 (USD Million) Figure 15 Geographical Snapshot of the Market Figure 16 Automotive to Witness Higher CAGR in the Market for Application Segment during the Forecast Period. Figure 17 Powder Metal Hot Isostatic Pressing (PM HIP) to Witness Higher CAGR in Market for Manufacturing Process Driving during Forecast Period. Figure 17 Steel to Witness Higher CAGR in Market for By Material Driving during Forecast Period. Figure 17 Ferrous Type to Witness Higher CAGR in Market for Type Driving during Forecast Period. Figure 18 Asia Pacific Accounted for the Largest Share of the Market, By Regional Basis, in 2021 Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges Figure 20 North America: Market Snapshot Figure 21 Asia Pacific: Market Snapshot Figure 22 Vendor Dive: Evaluation Overview