소결강 시장 기회, 성장 촉진요인, 산업 동향 분석과 예측(2024-2032년)

The Global Sintered Steel Market, valued at USD 23.5 billion in 2023, is anticipated to depict a CAGR of 3.6% from 2024 to 2032. The market expansion is fueled by advancements across key sectors, particularly automotive and industrial. As electric vehicles (EVs) continue to gain traction, there is a growing demand for robust, high-performance materials that can withstand the requirements of electric drivetrains. Sintered steel, recognized for its durability, strength, and cost-efficiency, has become an increasingly popular choice for various components in EVs. In the automotive sector, the shift toward lightweight materials to enhance fuel efficiency and reduce emissions has significantly boosted the demand for sintered steel.

This material offers an ideal balance between strength and weight, enabling the production of lighter components without compromising durability, making it suitable for both conventional and electric vehicles. Additionally, sintered steel is witnessing increased adoption in industrial and electrical applications due to its cost-effectiveness and versatility, which support complex shape formation and high precision. The market is categorized by type into carbon steel, alloy steel, and stainless steel. Carbon steel leads the sintered steel market, accounting for 42.6% of the market share due to its affordability, widespread availability, and adaptability across numerous applications.

While stainless steel and alloy steel are appreciated for their superior corrosion resistance and strength, carbon steel's high strength and lower cost make it the favored option, particularly for cost-sensitive industries and high-volume production. By form, the market includes engine components, brake systems, gears & transmission parts, bearings & bushings, and other applications. Gears & transmission parts hold a dominant 48.2% market share in 2023. The durability and cost-effectiveness of sintered steel are highly advantageous for producing these critical components, especially where precision and reliability are essential. While other applications contribute to market growth, gears and transmission parts remain the primary drivers.

In terms of end-use industries, the market is segmented into automotive, industrial, electrical & electronics, and other sectors. The automotive industry generated USD 11.3 billion in revenue in 2023, underlining its position as the largest consumer of sintered steel. The sector's focus on durable, cost-effective materials aligns well with sintered steel's properties, which enhances performance and efficiency. Asia Pacific dominates the market with USD 9.4 billion in revenue in 2023. The region benefits from a vast manufacturing base, a strong automotive sector, and rapid urbanization.Cost-effective production and the availability of raw materials, combined with the rise of EVs and industrial automation, reinforce Asia Pacific's leading position in the global market.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry 360° synopsis

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Key manufacturers
  • 3.1.2 Distributors
  • 3.1.3 Profit margins across the industry
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
  • 3.2.2 Market challenges
  • 3.2.3 Market opportunity
    • 3.2.3.1 New opportunities
    • 3.2.3.2 Growth potential analysis
• 3.3 Raw material landscape
  • 3.3.1.1 Manufacturing trends
  • 3.3.1.2 Technology evolution
  • 3.3.1.3 Sustainability in raw materials
• 3.4 Sustainable manufacturing
  • 3.4.1.1 Green practices
  • 3.4.1.2 Decarbonization
• 3.5 Pricing trends (USD/Ton), 2021 to 2032
  • 3.5.1.1 North America
  • 3.5.1.2 Europe
  • 3.5.1.3 Asia Pacific
  • 3.5.1.4 Latin America
  • 3.5.1.5 Middle East & Africa
• 3.6 Regulations & market impact
• 3.7 Porter's analysis
• 3.8 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

• 4.1 Introduction
• 4.2 Company matrix analysis
• 4.3 Company market share analysis
  • 4.3.1 Company Market share analysis by region
    • 4.3.1.1 North America
    • 4.3.1.2 Europe
    • 4.3.1.3 Asia Pacific
    • 4.3.1.4 Latin America
    • 4.3.1.5 Middle East Africa
• 4.4 Competitive positioning matrix
• 4.5 Strategic dashboard

Chapter 5 Market Size and Forecast, By Type, 2021-2032 (USD Billion, Kilo Tons)

• 5.1 Key trends
• 5.2 Stainless steel
• 5.3 Alloy steel
• 5.4 Carbon steel

Chapter 6 Market Size and Forecast, By Application, 2021-2032 (USD Billion, Kilo Tons)

• 6.1 Key trends
• 6.2 Gears & transmission parts
• 6.3 Engine components
• 6.4 Bearings & bushings
• 6.5 Brake systems
• 6.6 Others (sensors, structural parts, bodies etc.)

Chapter 7 Market Size and Forecast, By End Use Industry, 2021-2032 (USD Billion, Kilo Tons)

• 7.1 Key trends
• 7.2 Automotive industry
• 7.3 Industrial
• 7.4 Electrical & electronics
• 7.5 Others (healthcare, aerospace etc.)

Chapter 8 Market Size and Forecast, By Region, 2021-2032 (USD Billion, Kilo Tons)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 France
  • 8.3.4 Italy
  • 8.3.5 Spain
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 South Korea
  • 8.4.5 Australia
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
  • 8.5.3 Argentina
• 8.6 MEA
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 South Africa

Chapter 9 Company Profiles

• 9.1 Allied Sinterings, Inc.
• 9.2 AMES Sintering Metallic Components
• 9.3 ASCO Sintering Co.
• 9.4 GKN Powder Metallurgy
• 9.5 Hoganas AB
• 9.6 PSM Industries
• 9.7 Schunk Sinter Metals
• 9.8 Sintercom India Ltd
• 9.9 Sumitomo Electric Industries Limited
• 9.10 The Miba Group