Powder metallurgy: world markets

New York, April 11, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Powder Metallurgy: Global Markets” – https://www.reportlinker.com/p0298001/?utm_source=GNW

The report has been prepared in a simple and easy to understand format. Tables and figures are included to illustrate historical, current and future market scenarios.

The report also covers companies that manufacture parts and powders for various end-use industries such as automotive, aerospace, medical, electronics, and others.

Market drivers within the industry are identified. To make the report more informative, we have provided market data from 2020 to 2027.

Technology issues and trends are projected and other influences are discussed. Also, this report is based on future scenarios such as pessimistic, optimistic and consensus scenario while forecast provides information for consensus scenario.

In this report, we have also examined the impact of the COVID-19 pandemic on the global and regional market. All market values ​​are in millions of US dollars; volume is in thousands of metric tons, and market value and volume are calculated at face value.

The report includes:
– 57 data tables and 54 additional tables
– An updated review and analysis of the Global Powder Metallurgy Technology Market (Metal Powder + p/m Parts)
– Global market trend analyses, with historic data from 2020 and 2021, estimates for 2022 and 2025, and projections of compound annual growth rates (CAGR) to 2027
– Overview of the Powder Metallurgy market potential, opportunities and restraints, regulatory framework, trends and technological issues impacting the PM industry
– Estimation of market size and forecast data for Powder Metallurgy, unit shipment volume, and market share analysis on the basis of metal type, processing technology type and user industries final with the main regions and countries involved
– Highlights of business opportunities in the powder metallurgy market, including a shift towards the use of finer powders for super-finished products, increased size of PM parts, growth in user markets previously small endpoints for PM and PM parts and the adoption of additive manufacturing
– Competition landscape covering major companies operating in the powder metallurgy industry, their global rankings and market development strategies
– Profile descriptions of major market players including BASF SE, GKN Sinter Metals Engineering GmbH, Kobe Steel Ltd., JFE Steel Corp., NTN Corp. and Sumitomo Electric Industries Ltd.

Summary:
The powder metallurgy (P/M) industry was badly hit by the 2008-2009 recession, particularly due to the sharp drop in automobile production, but it recovered and exceeded the levels of before the recession. In 2020, the COVID-19 pandemic impacted the growth of the powder metallurgy business; however, end-use industries are beginning to return to their original growth trends.

According to BCC Research estimates, by the end of 2027, the global value of P/M Coins and Metal Powder is expected to reach REMOVED and is expected to increase with a CAGR of REMOVED during the forecast period. The ferrous metal powders and ferrous P/M parts market segments are expected to dominate throughout the forecast period.

The Asia-Pacific region is expected to grow at a faster growth rate compared to other regions such as Europe and North America. industrial machinery and other products.

In addition, rapid industrialization and greater availability of resources and labor are the main drivers of growth in this region.
Read the full report: https://www.reportlinker.com/p0298001/?utm_source=GNW

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