Global Powder Metallurgy Parts Strategic Business Report 2023: Expanding Applications Drive Growth


Dublin, April 26, 2023 (GLOBE NEWSWIRE) -- The "Powder Metallurgy Parts: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Powder Metallurgy Parts estimated at US$23.4 Billion in the year 2022, is projected to reach a revised size of US$32.8 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.

Ferrous Metals, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$28.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Non-Ferrous Metals segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.4 Billion, While China is Forecast to Grow at 7.3% CAGR

The Powder Metallurgy Parts market in the U.S. is estimated at US$6.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Select Competitors (Total 46 Featured) -

  • Allegheny Technologies Inc.
  • AMETEK Specialty Metal Products
  • Carpenter Technology Corporation
  • Daido Steel Co., Ltd.
  • Diamet Corporation
  • DOWA Electronics Materials Co., Ltd.
  • Erasteel SAS
  • H.C. Starck GmbH
  • Hitachi Chemical Co., Ltd.
  • JFE Steel Corporation
  • Kennametal, Inc.
  • Miba AG
  • PMG Holding GmbH
  • Rio Tinto Metal Powders
  • Sumitomo Electric Industries, Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages193
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$23.4 Billion
Forecasted Market Value (USD) by 2030$32.8 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Prelude
  • Recent Market Activity
  • Outlook
  • Analysis for Powder Metallurgy (P/M) Parts
  • Powder Metallurgy Parts - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Automotive Industry -The Largest End-Use Industry for PM Products
  • Asia-Pacific Continues to be a Growth Engine

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Expanding Applications Drive Powder Metals Market
  • MIM PM Components Set to Flourish
  • Aluminum Sintering Inches towards Reality
  • VVT Components - A Peek into Opportunities and Hurdles
  • Marked Trends towards Finer Powders and Advanced PM Parts
  • Future Growth for the PM Industry
  • Diversification
  • Sustainability
  • Investments in Technology

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vx5jp

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Global Market for Powder Metallurgy Parts

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