Powder Metallurgy Market Size, Share & Trends Report

Powder Metallurgy Market Size, Share & Trends Analysis Report By Material (Titanium, Steel), By Process (MIM, PM HIP), By Application (Automotive, Oil & Gas), By End-use (OEM, AM Operators), By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-4-68038-660-8
Number of Pages: 100
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Advanced Materials

Market Segmentation

Powder Metallurgy Material Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Titanium
- Nickel
- Steel
- Aluminum
- Cobalt
- Others
Powder Metallurgy Process Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Additive Manufacturing
- Metal Injection Molding
- Powder Metal Hot Isostatic Pressing
Powder Metallurgy Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Aerospace & Defense
- Automotive
- Medical & Dental
- Oil & Gas
- Industrial
Powder Metallurgy End-Use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- Original Equipment Manufacturers (OEMs)
- AM Operators
Powder Metallurgy Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
- North America
  - North America Powder Metallurgy Market, By Material
    - Titanium
    - Nickel
    - Steel
    - Aluminum
    - Cobalt
    - Others
  - North America Powder Metallurgy Market, By Process
    - Additive Manufacturing
    - Metal Injection Molding
    - Powder Metal Hot Isostatic Pressing
  - North America Powder Metallurgy Market, By Application
    - Aerospace & Defense
    - Automotive
    - Medical & Dental
    - Oil & Gas
    - Industrial
  - North America Powder Metallurgy Market, By End-Use
    - Original Equipment Manufacturers (OEMs)
    - AM Operators
  - U.S.
    - U.S. Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - U.S. Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - U.S. Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - U.S. Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
- Europe
  - Europe Powder Metallurgy Market, By Material
    - Titanium
    - Nickel
    - Steel
    - Aluminum
    - Cobalt
    - Others
  - Europe Powder Metallurgy Market, By Process
    - Additive Manufacturing
    - Metal Injection Molding
    - Powder Metal Hot Isostatic Pressing
  - Europe Powder Metallurgy Market, By Application
    - Aerospace & Defense
    - Automotive
    - Medical & Dental
    - Oil & Gas
    - Industrial
  - Europe Powder Metallurgy Market, By End-Use
    - Original Equipment Manufacturers (OEMs)
    - AM Operators
  - Germany
    - Germany Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - Germany Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - Germany Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - Germany Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
  - France
    - France Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - France Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - France Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - France Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
  - UK
    - UK Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - UK Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - UK Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - UK Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
- Asia Pacific
  - Asia Pacific Powder Metallurgy Market, By Material
    - Titanium
    - Nickel
    - Steel
    - Aluminum
    - Cobalt
    - Others
  - Asia Pacific Powder Metallurgy Market, By Process
    - Additive Manufacturing
    - Metal Injection Molding
    - Powder Metal Hot Isostatic Pressing
  - Asia Pacific Powder Metallurgy Market, By Application
    - Aerospace & Defense
    - Automotive
    - Medical & Dental
    - Oil & Gas
    - Industrial
  - Asia Pacific Powder Metallurgy Market, By End-Use
    - Original Equipment Manufacturers (OEMs)
    - AM Operators
  - China
    - China Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - China Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - China Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - China Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
  - Japan
    - Japan Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - Japan Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - Japan Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - Japan Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
- Central & South America
  - Central & South America Powder Metallurgy Market, By Material
    - Titanium
    - Nickel
    - Steel
    - Aluminum
    - Cobalt
    - Others
  - Central & South America Powder Metallurgy Market, By Process
    - Additive Manufacturing
    - Metal Injection Molding
    - Powder Metal Hot Isostatic Pressing
  - Central & South America Powder Metallurgy Market, By Application
    - Aerospace & Defense
    - Automotive
    - Medical & Dental
    - Oil & Gas
    - Industrial
  - Central & South America Powder Metallurgy Market, By End-Use
    - Original Equipment Manufacturers (OEMs)
    - AM Operators
  - Brazil
    - Brazil Powder Metallurgy Market, By Material
      - Titanium
      - Nickel
      - Steel
      - Aluminum
      - Cobalt
      - Others
    - Brazil Powder Metallurgy Market, By Process
      - Additive Manufacturing
      - Metal Injection Molding
      - Powder Metal Hot Isostatic Pressing
    - Brazil Powder Metallurgy Market, By Application
      - Aerospace & Defense
      - Automotive
      - Medical & Dental
      - Oil & Gas
      - Industrial
    - Brazil Powder Metallurgy Market, By End-Use
      - Original Equipment Manufacturers (OEMs)
      - AM Operators
- Middle East & Africa
  - Middle East & Africa Powder Metallurgy Market, By Material
    - Titanium
    - Nickel
    - Steel
    - Aluminum
    - Cobalt
    - Others
  - Middle East & Africa Powder Metallurgy Market, By Process
    - Additive Manufacturing
    - Metal Injection Molding
    - Powder Metal Hot Isostatic Pressing
  - Middle East & Africa Powder Metallurgy Market, By Application
    - Aerospace & Defense
    - Automotive
    - Medical & Dental
    - Oil & Gas
    - Industrial
  - Middle East & Africa Powder Metallurgy Market, By End-Use
    - Original Equipment Manufacturers (OEMs)
    - AM Operators

Powder Metallurgy Market Dynamics

Driver: Growth of aerospace & defense sector

Powder metallurgy is witnessing high demand from the aerospace & defense sector owing to the rising capabilities to reduce aerospace part weight and focus on improving overall efficiency, which otherwise proves costly and time-consuming through the traditional manufacturing process. The ability to print cheaper equipment in less time and on demand is expected to drive the demand for metal additive manufacturing. Rising awareness about significant cost and weight savings among various manufacturers is expected to propel the demand for 3D printing materials to produce cost-effective and high-performance aircraft elements.

Owing to the decreasing prices of 3D printers and superior raw material availability have created a positive impact on low-volume manufacturing, especially in the aerospace sector. Manufacturing equipment in additive manufacturing is now used to manufacture complex components, which are otherwise comparatively difficult to produce traditionally. For 3D printing materials to be used more widely, the procedure will have to be cost-effective, and the equipment will require redesigning to make them faster and sustain a wider array of materials.

The aerospace & defense industry is an early adopter of additive manufacturing, thus, lightweight materials such as aluminum, titanium, and steel are observing growing demand from the aerospace sector. Additive manufacturing is a flexible process and assists in the production of complex parts, which are difficult to produce using traditional methods such as forging and casting.

Restraint: High Material Cost Associated with Additive Manufacturing

Additive manufacturing or 3D printing materials such as powder metals currently cost 10 to 100 times more compared to their powder or bulk resin counterparts (depending on the material) due to the need for high purity, size, and composition consistency required during the printing process. The material used by metal 3D printers to manufacture a range of end-use products includes powder metallurgy, which costs high compared to materials used in traditional production methods.

Stainless steel, which is used in additive manufacturing, costs over USD 8.0 per square centimeter compared to the ones that are used in traditional manufacturing, which is more than 100 times the commercial grade stainless steel. Metal additive manufacturing can fabricate lightweight but strong structures, produce complex designs, and maintain small volumes. These factors extend its application scope in various end-use industries including medical, aerospace, automotive, and consumer products. 3D printing technologies are subject to challenges including the consistency of quality, limited multi-material printing capabilities, narrow range of materials, high material costs, size, and scalability.

Furthermore, the rising advancements in technology and materials science to overcome these limitations are expected to drive the larger adoption of additive manufacturing materials and technology in various end-use industries. The procedure of additive manufacturing is slow as it involves hours per vertical inch of component, which is adequate for prototyping but is not sufficient for production at a large scale. Over the next few years, advancements in technology and material science are expected to expand the choice of 3D printing metals and bring their cost down.

What Does This Report Include?

This section will provide insights into the contents included in this powder metallurgy market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Powder metallurgy market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Powder metallurgy market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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