Powder Metallurgy Parts Market Report: Trends, Forecast and Competitive Analysis to 2030

Powder Metallurgy Parts Trends and Forecast

The future of the global powder metallurgy parts market looks promising with opportunities in the industrial, automotive, healthcare, and electrical and electronics markets. The global powder metallurgy parts market is expected to grow with a CAGR of 12.4% from 2024 to 2030. The major drivers for this market are growing adoption of metallurgy parts in automotive sector and increasing focus towards envirornment-friendly manufacturing.

A more than 150-page report is developed to help in your business decisions.

Powder Metallurgy Parts by Segment

The study includes a forecast for the global powder metallurgy parts by product, fabrication method, application, and region.

Powder Metallurgy Parts Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Ferrous Metals
• Non-Ferrous Metals

Powder Metallurgy Parts Market by Fabrication Method [Shipment Analysis by Value from 2018 to 2030]:

• Pressure-Based
• Sinter-Based
• Hybrid

Powder Metallurgy Parts Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Industrial
• Automotive
• Healthcare
• Electrical and Electronics
• Others

Powder Metallurgy Parts Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Powder Metallurgy Parts Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies powder metallurgy parts companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the powder metallurgy parts companies profiled in this report include-

• Sumitomo Electric Industries
• Allegheny Technologies
• Ametek Specialty Metal Products
• Carpenter Technology Corporation
• Daido Steel
• Diamet Corporation
• Dowa Electronics Materials
• Erasteel Sas
• H C Starck
• Hitachi Chemical

Powder Metallurgy Parts Market Insights

Lucintel forecasts that non- ferrous metals is expected to witness higher growth as it provides high thermal and electrical conductivity and good mechanical and fatgue properties.

Within this market, automotive is expected to witness highest growth due to technological advancements in powder metallurgy processes.

APAC is expected to witness highest growth over the forecast period due to increasing demand from various industries like automotive and electronics and rising investment in the electric vehicles.

Features of the Global Powder Metallurgy Parts Market

Market Size Estimates: Powder metallurgy parts market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Powder metallurgy parts market size by product, fabrication method, application, and region in terms of value ($B).

Regional Analysis: Powder metallurgy parts market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, fabrication methods, applications, and regions for the powder metallurgy parts market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the powder metallurgy parts market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for powder metallurgy parts market?

Answer: The global powder metallurgy parts market is expected to grow with a CAGR of 12.4% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the powder metallurgy parts market?

Answer: The major drivers for this market are growing adoption of metallurgy parts in automotive sector and increasing focus towards envirornment-friendly manufacturing.

Q3. What are the major segments for powder metallurgy parts market?

Answer: The future of the powder metallurgy parts market looks promising with opportunities in the industrial, automotive, healthcare, and electrical and electronics markets.

Q4. Who are the key powder metallurgy parts market companies?

Answer: Some of the key powder metallurgy parts companies are as follows:

• Sumitomo Electric Industries
• Allegheny Technologies
• Ametek Specialty Metal Products
• Carpenter Technology Corporation
• Daido Steel
• Diamet Corporation
• Dowa Electronics Materials
• Erasteel Sas
• H C Starck
• Hitachi Chemical

Q5. Which powder metallurgy parts market segment will be the largest in future?

Answer: Lucintel forecasts that non- ferrous metals is expected to witness higher growth as it provides high thermal and electrical conductivity and good mechanical and fatgue properties.

Q6. In powder metallurgy parts market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing demand from various industries like automotive and electronics and rising investment in the electric vehicles.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the powder metallurgy parts market by product (ferrous metals and non-ferrous metals), fabrication method (pressure-based, sinter-based, and hybrid), application (industrial, automotive, healthcare, electrical and electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?