Metal Powder Market Figure 2018, Regional Outlook, Forecast and CAGR 2023


Posted November 28, 2018 by MRFRresearch

Global Metal Powder Market Research: Information By Types (Non-Ferrous, Ferrous) Production Method (Physical, Chemical And Mechanical) Compaction Technique (Cold, Hot) End-Use Industry (Transportation, Construction) – Forecast Till 2023

 
The metal powder is widely used in various end-user industries such as automobile, building and construction, electronics, and machinery among others. The global metal powder market is spanned across five regions: Asia Pacific, North America, Europe Latin America, and the Middle East & Africa. The Asia Pacific is expected to be the fastest growing market during the forecast period owing to the growing number of developing industries in this region.

Global Key Players and Competition Analysis
Some of the prominent players operating in the global metal powder market are Sandvik AB (Sweden), Carpenter Technology Corporation (U.S.), Hoganas AB (Sweden), GKN Plc. (U.K.), Rio Tinto (U.K.), Allegheny Technologies Incorporated (U.S.), American Chemet Corporation (U.S.), Carl Schlenk AG (Germany), Hitachi Chemical Co., Ltd (Japan), and Metaldyne performance Group Inc (U.S.).

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Segmentation Analysis
The global metal powder market is segmented into type, production method, compaction technique, and end-user industry. Based on the type the market is segmented into non-ferrous, ferrous, and others. Based on the production method, the global metal powder market is segmented into the physical method, chemical method, and mechanical method. Based on the compaction technique, the market is bifurcated into cold compaction technique and hot compaction technique. Based on the end-user industry, the market is further segmented into transportation, electrical and electronics, building and construction, and others.

Regional Analysis
The Metal Powder Market is segmented across five regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing market with an expanding CAGR during the forecast period. The rapid growth of industries and urbanization is fueling the growth of metal powder in the developing countries of Asia Pacific. Moreover, the shift of automobile and electrical and electronic industry into the region owing to the tax benefits and availability of cheap labor is further boosting the market growth.

Market Scope
Metal powders are extensively used for the process of thermal spraying, filling plastics, and fabricating sintered parts among others. Some of the most common powdered metal types include iron, aluminum, copper, and lead among others. The demand from the construction and automobile industry is a significant factor driving the growth of the global metal powder market. Some of the major applications of metal powder include building & construction, automobile, and industrial.

Browse the market data and information spread across 137 pages with 59 data tables and 15 figures of the report “Metal Powder Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/metal-powder-market-5666
Industry News:

March 13, 2018 Market Research Future Published a Half-Cooked Research Report on Global Metal Powder Market Research Report.

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Last Updated November 28, 2018