Dublin, Oct. 21, 2022 (GLOBE NEWSWIRE) -- The "Powder Metallurgy - A Global Market Overview 2022" report has been added to ResearchAndMarkets.com's offering.
The report reviews, analyzes and projects the global Powder Metallurgy market for the period 2018-2027 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2022 through 2027
Powder Metallurgy is a technique utilized for processing powdered raw materials and producing a variety of components based on iron & steel powders (ferrous) and aluminum, cobalt, copper, nickel and titanium, among others (non-ferrous).
The components made using powder metallurgy are very strong and can withstand working environments that conventionally produced parts cannot. The demand for this procedure has been exhibiting quite impressive growth over the recent past, though the advent of COVID-19 has changed the scenario to some extent.
The global demand for Powder Metallurgy components and parts is anticipated to be the largest for the Automotive sector, though the fastest growing for the Aerospace sector. Advancements in material technology have enabled in producing metal powders that can act as replacements for traditionally used bulky metal components to reduce space and weight, thereby enhancing efficiency of the final product in its applicable area.
Research Findings & Coverage
- Powder Metallurgy global market is explored in this report with respect to metal types and key applications
- The study extensively analyzes each metal type and key application of powder metallurgy in all major regions for the analysis period
- Powder Metallurgy's Green Credentials Expand the Technology's Adoption
- Studies on Flake Powder Metallurgy (FPM), an Emerging Technology, Show Good Prospects
- Powder Metallurgy Set to Gain Traction in Medicine
- 3D Printing to Revolutionize Powder Metallurgy but Challenges Remain
- Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
- Major companies profiled - 34
- The industry guide includes the contact details for 272 companies
KEY BUSINESS & PRODUCT TRENDS
- Allegheny Technologies Incorporated - ATI Completes Sale of Sheffield, UK Operation
- Hoganas to close Hoganas Environment Solutions, LLC. to focus on its core business - Hoganas
- Miba: Miba acquires majority interest in battery specialist Voltlabor - Growth to be further accelerated under new name "Miba Battery Systems"
- Sandvik to acquire Spain-based Preziss, a solutions provider for aluminum and composite machining - Sandvik Group
- Sandvik to acquire US based custom tooling manufacturer Peterson Tool Company - Sandvik Group
- Hoganas now offers titanium powders for additive manufacturing - Hoganas
- Sandvik introduces 3D-printed cemented carbide - Sandvik Group
- Materials authority Sandvik introduces 3D printed components in cemented carbide - enabled by patented process - Sandvik Additive Manufacturing
- Allegheny Technologies Incorporated - ATI Announces Termination of Joint Venture with Russian-Based VSMPO
- University of Waterloo and Rio Tinto look to water atomised powder for low-cost Binder Jetting
- Sandvik co-launches guidelines for testing additively manufactured stainless steels - Sandvik Additive Manufacturing
- Hoganas joins the Additive Manufacturing Green Trade Association as a founding member - Hoganas
- News: POLEMA doubles the output of AM metal powders in 2021 (polema-rus.com)
- A partnership between Hoganas and Piab is set to make additive manufacturing more sustainable and efficient - Hoganas
- News: POLEMA supplied products for a thermonuclear reactor in France
- Announcement of the Contract Conclusion to Transfer Showa Denko Materials' Ceramics Business
- Showa Denko Materials Develops Its Own MI Platform for Functional Materials to Offer Speedy Materials Recommendations
- Sandvik increases manufacturing capacity in metal powders for Additive Manufacturing - Sandvik Additive Manufacturing
- Showa Denko Materials' Anode Materials for Lithium-ion Batteries Adopted for Toyota's New "Aqua"
- GaN Semiconductors are Enabling New X-band Radars - Sumitomo Electric Industries
- Hoganas expands production capabilities in Laufenburg - Hoganas
- Hoganas closes its production in Niagara Falls, USA due to hydrogen gas supply shortage - Hoganas
- Showa Denko Materials Establishes the "JOINT2" Consortium for
- Showa Denko Materials to Launch the Mass Production of "MCL-E-795G,"
- H.C. Starck Tungsten patents an innovative reverse osmosis process - H.C. Starck Tungsten Powders
- First Swedish plant with large-scale water treatment using by-products from the steel industry - Hoganas
- Hoganas settles supply agreement with US-based KBM Advanced Materials that launches new sales platform for additive manufacturing powder - Hoganas
- Hoganas' fine powder atomisation building in Johnstown supports the growing demand for high alloy products - Hoganas
- News: POLEMA increased the production output in the first half of 2021
- GKN Additive develops 3D printing process for low alloy dual-phase steels DPLA and FSLA
- Miba: Miba sputter technology is awarded Supplier Gold certification by Pratt and Whitney
- News: POLEMA has mastered new powder grades for AM and weld-deposition
- Rio Tinto develops new water atomised steel powder
- Announcement of Transfer of Printed Wiring Board Business
- Rio Tinto develops new steel powder for 3-D printing
- Announcement of Acquiring 100% Ownership of Hitachi Chemical Diagnostics System
- Allegheny Technologies Incorporated - ATI Completes Sale of Flowform Products to Consolidated Boring, Inc.
- Miba: Miba products for medical devices
- News: POLEMA became the first Russian supplier of powders for 3D printing of ship and aircraft engine parts
- Experience Refractory Metals Innovations in a Brand-New Virtual Environment (hcstarcksolutions.com)
- Showa Denko Materials to Boost Its Production Capacity for CMP Slurries, Laminate Materials for Printed Wiring Boards, and Photosensitive Solder Resists in Taiwan
- Hoganas lands major Cleanit EC test project in China - Hoganas
- Hoganas and Lincotek sign cooperation agreement - Hoganas
- Hoganas launches powder mix
- FORECAST 3D reaches 1 million shipped nasal swab milestone for COVID-19 testing
- GKN Powder Metallurgy business FORECAST 3D launches face shields, stopgap masks, nasal swabs, and other critical PPE products to battle COVID-19
- FORECAST 3D partners with specialty chemicals expert Lubrizol to industrialize 3D applications through thermoplastic powder (gknpm.com)
- GKN Powder Metallurgy Acquires FORECAST 3D, Expands Additive Manufacturing Capabilities to Include Plastics (gknpm.com)
- Sumitomo Electric Acquires Two Companies of European Powdered Metal Components Manufacturer Sinterwerke Group
KEY MARKET TRENDS
- Powder Metallurgy's Green Credentials Expand the Technology's Adoption
- Economical Process for Developing Metal Additive Manufacturing Process Developed
- Studies on Flake Powder Metallurgy (FPM), an Emerging Technology, Show Good Prospects
- Inherent Sustainability Drives the Powder Metallurgy Market
- Recent Advances in Powder Metallurgy Technology
- Direct Current Plasma Sintering Technique: An Innovation in Powder Metallurgy
- Future of Powder Metallurgy in Auto Industry Secure
- Powder Metallurgy Set to Gain Traction in Medicine
- 3D Printing to Revolutionize Powder Metallurgy but Challenges Remain
KEY GLOBAL PLAYERS
- American Chemet Corporation (United States)
- Royal Metal Powders, Inc. (United States)
- AMETEK, Inc. (United States)
- AMETEK Specialty Metal Products (United States)
- AMETEK Specialty Metal Products Eighty Four (United States)
- BASF SE (Germany)
- Carl Schlenk AG (Germany)
- Carpenter Technology Corp (United States)
- Daido Steel Co Ltd. (Japan)
- Fine Sinter Co Ltd (Japan)
- Fukuda Metal Foil & Powder Co., Ltd. (Japan)
- GKN Powder Metallurgy (United States)
- GKN Hoeganaes (United States)
- H.C. Starck GmbH (H.C. Starck Tungsten Powders) (Germany)
- H.C. Starck Solutions (United States)
- Hoganas AB (Sweden)
- Kennametal Inc. (United States)
- Kobe Steel, Ltd. (Japan)
- Kymera International (United States)
- Makin Metal Powders (UK) Ltd. (United Kingdom)
- Miba AG (Austria)
- Molyworks Materials Corp (United States)
- Oerlikon Metco Switzerland (Switzerland)
- Pometon S.p.A (Italy)
- Rio Tinto Metal Powders (Canada)
- Sandvik AB (Sweden)
- Sandvik Materials Technology (Sweden)
- Showa Denko Materials Co Ltd (Japan)
- Sumitomo Electric Industries Ltd (Japan)
For more information about this report visit https://www.researchandmarkets.com/r/1dgezl
