Global Metal Powder Market to Reach USD 11.85 Billion by 2030, Growing at a CAGR of 6.9%

[kalpesh rajput]

Metal Powder Market to Reach USD 11.85 Billion by 2030, Growing at a CAGR of 6.9%

Global Metal Powder Market Set for Strong Growth, Projected to Reach USD 11.85 Billion by 2030

Summary: The Metal Powder market, valued at USD 7.42 billion in 2023, is expected to experience significant growth, reaching nearly USD 11.85 billion by 2030. The market is anticipated to expand at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2030. This report provides insights into market trends, dynamics, and key players shaping the future of the Metal Powder market.

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A) Market Size
The global Metal Powder market was valued at USD 7.42 billion in 2023. With a strong projected CAGR of 6.9%, the market is set to grow substantially, reaching an estimated USD 11.85 billion by 2030. This growth is driven by increased demand from key industries such as automotive, aerospace, healthcare, and manufacturing, where metal powders are widely used in 3D printing, additive manufacturing, and metal injection molding technologies.

B) Scope and Research Methodology
This comprehensive market research report explores key trends, dynamics, and factors driving the Metal Powder industry. Utilizing both qualitative and quantitative data, the study provides detailed insights into market segments, regional outlooks, and the competitive landscape. The research methodology involves primary and secondary data collection, extensive interviews with industry experts, and in-depth analysis of market drivers, challenges, and opportunities.

C) Report Coverage
The report covers an in-depth analysis of the Metal Powder market, including:

• Market size, growth projections, and revenue forecasts
• Detailed segmentation by material, technology, and end-use industries
• Key regional insights and market dynamics
• Competitive analysis of key players and their market strategies
• Key drivers and challenges shaping the industry

D) Overview
The Metal Powder market is expected to benefit from technological advancements in additive manufacturing and the increased adoption of metal powder in various applications, particularly in aerospace and automotive industries. The ability to produce complex parts with reduced material waste makes metal powder an attractive solution for manufacturers looking to streamline production processes and reduce costs.

E) Dynamics
Several factors are influencing the growth of the Metal Powder market:

• Technological Advancements: Innovations in 3D printing and metal injection molding are opening up new opportunities for market growth.
• Rising Demand in Aerospace and Automotive: The need for lightweight, durable, and high-performance parts is increasing in these sectors.
• Sustainability Initiatives: The growing focus on reducing waste and improving efficiency in manufacturing processes is driving demand for metal powders.

F) Segmentation

• By Material: Ferrous, Non-ferrous
• By Technology: Press & Sinter, Metal Injection Molding, Additive Manufacturing, Others
• By End-use Industry: Automotive, Aerospace & Defense, Healthcare, Others

G) Key Players Include

• Sandvik AB
• ATI Powder Metals
• AMG Advanced Metallurgical Group
• Rio Tinto Plc
• American Axle & Manufacturing, Inc.
• Carpenter Powdered Products
• Showa Denko Materials
• GKN Plc
• Praxair Surface Technologies Inc.
• Aubert & Duval
• Hoganas AB
• voestalpine BÖHLER Edelstahl GmbH & Co KG
• Royal Metal Powders
• Australian Metal Powders Supplies Pty Ltd.
• CNPC Powder Group Co., Ltd.

H) Key Offerings

• Market Overview
• Market Size, Share & Forecast by Revenue (2024−2030)
• Market Dynamics: Drivers, Restraints, and Key Trends
• Detailed Market Segmentation and Analysis
• Competitive Landscape: Key Players and Emerging Vendors

I) Table of Contents

1. Executive Summary
2. Market Overview
3. Market Dynamics and Trends
4. Segmentation by Material, Technology, and End-user Industry
5. Regional Insights
6. Competitive Landscape and Key Players
7. Market Forecast and Future Outlook
8. Conclusion and Recommendations

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About Us: Maximize Market Research is a leading global market research and consulting firm. With expertise across a wide array of industries, we provide data-driven insights, competitive analysis, and actionable strategies for businesses to thrive in rapidly evolving markets. Our reports help companies navigate complex business challenges and make informed decisions that drive growth and profitability.

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