Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Material Volume (Metric Ton), Price, Demand & Sales Analysis by Material & Application The powder metallurgy market will witness a robust compound annual growth rate of 12.5 percent, valued at $2.63 Bn in 2022 and poised to reach $7.59 Bn by 2030, confirms Strategic Market Research. The APAC region dominates the powder metallurgy market with a revenue share of 48.11%, poised to reach $3.65 billion by 2030. Powder metallurgy (PM) is a production process that manufactures metallic components from fine metal powders, enabling the production of complex shapes & properties that are difficult or impossible to achieve through conventional techniques like casting & machining. It involves mixing metal powders with materials like ceramics or polymers, then applying heat & pressure to create a solid, dense material. The process involves several steps, including powder production, blending, compacting, sintering & secondary operations. The powder metallurgy process offers several advantages, including design flexibility, material efficiency, enhanced material properties & cost-effectiveness. It minimizes material waste & utilizes nearly 100% of the raw material, resulting in cost savings & reduced environmental impact. The sintering process also forms strong bonds between metal particles, resulting in components with excellent mechanical properties, such as high strength, hardness & wear resistance. Powder metallurgy is used in various industries, including automotive, aerospace, electronics, medical & consumer goods. Common examples of powder metallurgy products include gears, bearings, sprockets, cutting tools, filters & electrical contacts. 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- (Growing Demand from Automotive Industry & Sustainability) The automotive industry is one of the primary drivers of the powder metallurgy market. Globally over 80% of powder metallurgy applications are in the automotive industry. Powder metallurgy is widely used in automotive components such as engine parts, transmission systems, gears, bearings, and structural parts. The demand for lightweight & fuel-efficient vehicles has led to increased adoption of powder metallurgy, as it offers cost-effective manufacturing, design flexibility & improved performance. The exponential growth of the EV market is a significant driver for the powder metallurgy industry. EVs require lightweight, high-performance components to enhance battery efficiency and vehicle performance. Powder metallurgy techniques, such as sintering and metal injection moulding, enable the production of complex shapes and lightweight parts with excellent mechanical properties, making them ideal for EV applications. Sustainability is a driving factor in the powder metallurgy market, as it offers environmental benefits, resource efficiency, lightweight capabilities, design flexibility & consumer demand. This industry generates less waste, requires lower energy consumption, and emits fewer greenhouse gases than conventional methods. It also enables using recycled powders, reducing the need for mining and extraction, and shapes complex geometries with minimal material waste. Powder metallurgy also offers lightweight, reducing the overall weight of products and enhancing energy efficiency and emissions. Design flexibility & innovation are also driven by sustainability, enabling the development of lightweight, energy-efficient & environmentally friendly products. The growing demand for sustainable solutions in sectors like automotive, aerospace, energy, and consumer goods makes powder metallurgy an attractive choice for manufacturers. Governments worldwide are implementing regulations to promote sustainability and reduce the environmental impact of industries, creating a supportive environment for sustainable manufacturing processes like 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 powder metallurgy market is categorized into additive manufacturing, Power metal hot isostatic pressing & metal injection moulding. The PM HIP manufacturing process dominates the powder metallurgy market with a market share of 55%, poised to reach $4.23 billion by 2030. It combines the benefits of powder metallurgy and hot isostatic pressing to produce high-quality, fully dense metal components. The process involves several key steps, including powder production, blending and compacting, sintering, and hot isostatic pressing. The PM HIP process has several advantages, including enhanced mechanical properties, complex geometries, material diversity, cost-effectiveness, consistency, reproducibility, and improved material utilization. It is suitable for various industries, such as automotive, aerospace, medical & energy, and can be used for different metals & alloys. The process also allows for using recycled materials, reducing waste, and improving sustainability. 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 2022 - 2030 The market size value in 2022 USD 2.63 Billion The revenue forecast in 2030 USD 7.59 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 March 2023, Outokumpu Oyj, a company based in Finland, expanded its operations to include metal powder production for additive manufacturing. This includes the use of scrap materials in its production process. The company’s upcoming atomization facility in Krefeld, Germany, will commence operations in April. The plant will primarily concentrate on manufacturing metal powders compatible with various technologies, such as additive manufacturing (3D printing), metal injection moulding, binder jetting, and hot isostatic pressing, on catering to the requirements of companies. Outokumpu is committed to achieving optimal sustainability in the powders sector and has selected SMS Group, a technology provider based in Germany, as its partner. On March 2023, MTC Powder Solutions opened a new 9,000 m2 advanced production site in Hallstahamma, Sweden, for Hot Isostatic Pressing of critical components in industries like nuclear oil & gas and medical. The SHIN project is expected to increase capacity for near-net shape HIP components in Europe significantly. MTC PS has invested in state-of-the-art equipment and people since its acquisition in 2020. On May 2023, Tekna Plasma Systems received an order worth CAD 1.7 million for its titanium powder from a Metal Injection Moulding manufacturer in Asia. The first shipment has been completed, and deliveries will continue until 2023. The customer will use the titanium powder for Metal Injection Moulding of sub-components for personal electronic devices. Tekna's titanium alloy powder offers high sphericity, low oxygen content, high density, and controlled grain size. The company also produces tungsten and tantalum powders for MIM applications. On February 2023, Mishra Dhatu Nigam Limited (MIDHANI), a Hyderabad-based public sector enterprise, plans to produce metal AM powder for aerospace applications. The company aims to manufacture nickel and titanium-based alloy powders, essential for the country's strategic programs. MIDHANI, founded in 1973, aims to become self-sufficient in producing and supplying super alloys, special steels, and soft magnetic alloys for defense and other strategic sectors. The company plans to partner with aerospace firms like Boeing, Rolls-Royce & Lockheed Martin to supply products. Midhani is an aerospace-certified organization, and its Hyderabad plant currently has primary & secondary melting furnaces and an armoured unit in Rohtak, Haryana. This development is expected to increase the availability and usage of metal powders for additive manufacturing in India. 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\ https://manufactur3dmag.com/midhani-additive-manufacturing-powder-in-india/ https://www.pm-review.com/tekna-receives-1-7-million-titanium-powder-order-from-mim-producer/ https://www.pm-review.com/ y/ https://www.recyclingtoday.com/news/outokumpu-finland-germany-3d-printing-additive-metal-recycling-sustainability/ https://www.bodycote.com/hot-isostatic-pressing/ https://www.horizontechnology.biz/blog/powder-metallurgy-green-technology https://www.alphaprecisionpm.com/blog/powder-metallurgy-a-pathway-to-sustainable-manufacturing https://www.pm-review.com/introduction-to-powder-metallurgy/markets-for-powder-metallurgy-components/ https://www.ppm.com.tw/powder-metallurgy-in-the-future-of-electric-vehicles https://www.nature.com/articles/s41598-023-33999-y https://en.wikipedia.org/wiki/Powder_metallurgy 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