금속 분말 시장 규모, 점유율, 예측 및 동향 분석 : 금속 유형, 용도, 원료, 제조 방법, 최종 사용자 및 지역별 - 세계 예측(-2031년)

Metal Powder Market by Metal Type (Ferrous, Non-Ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography-Forecasts to 2031'

The research report titled, 'Metal Powder Market by Metal Type (Ferrous, Non-ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography-Forecasts to 2031', provides in-depth analysis of the metal powder market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The metal powder market is projected to reach $10.2 billion by 2031, at a CAGR of 6.2% from 2024 to 2031. The growth of the metal powder market is driven by increasing demand for additive manufacturing (AM) and an increased focus on recycling metal waste for the production of metal powder. However, the health hazards of using metal powder are a factor restraining the growth of this market.

Furthermore, the rising demand for lightweight parts across several end-use industries, and advancements in powder metallurgy are expected to generate growth opportunities for the stakeholders in this market. However, maintaining the quality and consistency of metal powders is a major challenge impacting market growth.

The metal powder market is segmented by metal type (ferrous metal powder (iron powder, steel powder, and other ferrous metal powder) and non-ferrous metal powder (aluminum powder, copper powder, titanium powder, brass powder, and other non-ferrous metal powder)), application (additive manufacturing, metal injection molding, pressing & sintering and other technology), and source (pure/ore metal powder, and recycled metal powder), production method (chemical method, mechanical method, and physical method), and end-use industry (automotive, energy & power generation, manufacturing, aerospace & defense, construction, oil & gas, healthcare, transportation, chemical, and other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on metal type, the metal powder market is broadly segmented into ferrous metal powder and non-ferrous metal powder. In 2024, the ferrous metal powder segment is expected to account for the larger share of above 65.0% of the metal powder market. The segment's large market share is mainly attributed to factors such as the wide use of ferrous metal powder in end-use industries such as defense, aerospace, construction, automotive, and healthcare; additional benefits such as strength and durability of ferrous metal over non-ferrous; and growing preference of atomized iron powder in industrial raw materials.

However, the non-ferrous metal powder segment is expected to record the highest CAGR during the forecast period. The growth of this segment is mainly driven by the growing use of composite material in additive manufacturing, the increasing popularity of titanium powders for the application of aerospace parts to car components, and new alloy developments.

Based on application, the metal powder market is segmented into additive manufacturing, metal-injection molding, pressing & sintering, and other technology. In 2024, the pressing & sintering segment is expected to account for the largest share of the metal powder market. The segment's large share is mainly attributed to the increased use of pressing & sintering for the production of solid & strong parts of desired geometry from raw metal powder, also due to its cost-effectiveness and growing focus of manufacturing companies on increasing production capacity. For instance, in February 2024, SAP PARTS Pvt. Ltd (India) installed a new metal powder press at its sintering facility to increase production capacity and improve the compaction process.

However, the additive manufacturing segment is expected to record the highest CAGR of 9.0% during the forecast period. The growth of this segment is mainly driven by the growing focus of companies on the development of new alloys, increased use of additive manufacturing for prototyping, jewelry-making applications, and production of lightweight parts for various industries, including aerospace, automotive, and defense; and increased focus of metal powder companies on expanding production of metal powders for additive manufacturing. For instance, in October 2021, Pometon S.p.A. (Italy) established PometonPlus, a new business division specializing in the production of metal powders for Additive Manufacturing.

Based on source, the metal powder market is segmented into pure/ore metal powder and recycled metal powder. In 2024, the recycled metal powder segment is expected to account for the larger share of above 56.0% of the metal powder market. The segment's large share is mainly attributed to factors such as companies' increasing focus on sustainability, creating circular loops for metals, and the development of a metal powder recycling system.

Moreover, the recycled metal powder segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by the increasing use of scrap and discarded parts as feedstock to make new powders for additive manufacturing and increased manufacturing activities.

Based on production method, the metal powder market is segmented into chemical method, mechanical method, and physical method. In 2024, the mechanical segment is expected to account for the largest share of above 44.0% of the metal powder market. The segment's large share is mainly attributed to factors such as the use of grinding and crushing processes for the production of metal powders due to their cost-effectiveness.

Moreover, the mechanical segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by the growing use of recycled metal powder and the ability of mechanical processes to obtain ultrafine powders of high melting point metals.

Based on end user, the metal powder market is segmented into automotive, aerospace & defense, heavy machinery & tools, medical & dental devices, oil & gas, chemical, construction, energy & power, transportation, and other end users. In 2024, the heavy machinery & tools segment is expected to account for the largest share of above 33.0% of the metal powder market. The segment's large share is mainly attributed to factors such as the increased use of metal powder in heavy machinery & tools manufacturing due to material flexibility, application versatility, and cost-effectiveness, increased use of additive manufacturing for the production of complex heavy machinery & tools parts, and growth in the use of composite materials in heavy machinery & tools manufacturing.

However, the aerospace & defense segment is expected to record the highest CAGR during the forecast period. The segment's growth is mainly driven by the growing use of metal powder for the production of aerospace parts with a high strength-to-weight ratio, the development of new consistent alloys, and the growing use of 3D printing for the prototyping of aircraft, spacecraft & defense components.

Based on geography, the metal powder market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of above 37.0% of the metal powder market. The large market share of this segment is attributed to the presence of a large number of manufacturing companies in China, South Korea, and Japan, along with the strong presence of automobile, industrial manufacturing, and electronics & semiconductor companies, and Southeast Asia's tremendous growth in manufacturing.

Moreover, Asia-Pacific is projected to register the highest CAGR of 7.5% during the forecast period. The growth of this region is attributed to rising industrialization, growing urbanization, growing adoption of industrialization 4.0, and increasing demand from the automotive sector across the region.

Key Players:

The key players operating in the metal powder market are Hoganas AB (Sweden), GKN Powder Metallurgy (U.K.), Advanced Technology & Materials Co., Ltd. (China), Sandvik AB (Sweden), AMETEK Inc. (U.S.), Tekna Holding ASA (Canada), BASF SE (Germany), Aubert & Duval (France), Alcoa Corporation (U.S.), ATI Inc. (U.S.), Carpenter Technology Corporation (U.S.), RusAL (Russia), Rio Tinto (U.K.), Kymera International (U.S.), and Praxair S.T. Technology, Inc. (U.S.).

Key questions answered in the report-

• Which are the high-growth market segments based on metal type, application, source, production method, and end user?
• What was the historical market for metal powder?
• What are the market forecasts and estimates for the period 2024-2031?
• What are the major drivers, restraints, and opportunities in the metal powder market?
• Who are the major players in the metal powder market?
• What is the competitive landscape like in the metal powder market?
• What are the recent developments in the metal powder market?
• What are the different strategies adopted by the major players in the metal powder market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the metal powder market, and how do they compete with the other players?

Scope of the report:

Metal Powder Market Assessment, by Metal Type

• Ferrous Metal Powder
  • Iron Powder
  • Steel Powder
  • Other Ferrous Metal Powder
• Non-ferrous Metal Powder
  • Aluminum Powder
  • Copper Powder
  • Titanium Powder
  • Brass Powder
  • Other Non-ferrous Metal Powder

Metal Powder Market Assessment, by Application

• Additive Manufacturing
• Metal-injection Molding
• Pressing & Sintering
• Other Technology

Metal Powder Market Assessment, by Source

• Pure/Ore Metal Powder
• Recycled Metal Powder

Metal Powder Market Assessment, by Production Method

• Chemical Method
• Mechanical Method
• Physical Method

Metal Powder Market Assessment, by End User

• Automotive
• Aerospace & Defense
• Heavy Machinery & Tools
• Medical & Dental Devices
• Oil & Gas
• Chemical
• Construction
• Energy & Power
• Transportation
• Other End Users

Metal Powder Market Assessment, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Sweden
  • Switzerland
  • Netherlands
  • Norway
  • Austria
  • Denmark
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
  • Malaysia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • Israel
  • UAE
  • Rest of Middle East & Africa

TABLE OF CONTENTS

1. Introduction

• 1.1. Market Definition & Scope
• 1.2. Currency & Limitations
  • 1.2.1. Currency
  • 1.2.2. Limitations

2. Research Methodology

• 2.1. Research Approach
• 2.2. Process of Data Collection and Validation
  • 2.2.1. Secondary Research
  • 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
• 2.3. Market Sizing and Forecast
  • 2.3.1. Market Size Estimation Approach
  • 2.3.2. Growth Forecast
• 2.4. Assumptions for the Study

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Analysis, by Metal Type
• 3.3. Market Analysis, by Application
• 3.4. Market Analysis, by Source
• 3.5. Market Analysis, by Production Method
• 3.6. Market Analysis, by End User
• 3.7. Market Analysis, by Geography
• 3.8. Competition Analysis

4. Market Insights

• 4.1. Overview
• 4.2. Factors Affecting Market Growth
  • 4.2.1. Drivers
    • 4.2.1.1. Rising Demand for Additive Manufacturing (AM)
    • 4.2.1.2. Rising Focus on Recycling Metal Waste for Production of Metal Powder
  • 4.2.2. Restraints
    • 4.2.2.1. Health Hazards in Using Metal Powder
  • 4.2.3. Opportunities
    • 4.2.3.1. Rising Demand for Lightweight Parts Across Several End Users
    • 4.2.3.2. Advancements in Powder Metallurgy
  • 4.2.4. Challenges
    • 4.2.4.1. Maintaining the Quality and Consistency of Metal Powder
• 4.3. Trends
• 4.4. Porter's Five Forces Analysis
  • 4.4.1. Bargaining Power of Buyers
  • 4.4.2. Bargaining Power of Suppliers
  • 4.4.3. Threat of Substitutes
  • 4.4.4. Threat of New Entrants
  • 4.4.5. Degree of Competition
• 4.5. Case Studies
• 4.6. Vendor Selection Criteria/Factors Influencing Buying Decisions
• 4.7. Value Chain Analysis

5. Metal Powder Market Assessment-by Metal Type

• 5.1. Overview
• 5.2. Ferrous Metal Powder
  • 5.2.1. Iron Powder
  • 5.2.2. Steel Powder
  • 5.2.3. Other Ferrous Metal Powder
• 5.3. Non-ferrous Metal Powder
  • 5.3.1. Aluminium Powder
  • 5.3.2. Copper Powder
  • 5.3.3. Titanium Powder
  • 5.3.4. Brass Powder
  • 5.3.5. Other Non-ferrous Metal Powder

6. Metal Powder Market Assessment-by Application

• 6.1. Overview
• 6.2. Additive Manufacturing
• 6.3. Metal-injection Moulding
• 6.4. Pressing & Sintering
• 6.5. Other Technology (Brazing, Welding)

7. Metal Powder Market Assessment-by Source

• 7.1. Overview
• 7.2. Pure/Ore Metal Powder
• 7.3. Recycled Metal Powder

8. Metal Powder Market Assessment-by Production Method

• 8.1. Overview
• 8.2. Chemical Method
• 8.3. Mechanical Method
• 8.4. Physical Method

9. Metal Powder Market Assessment-by End User

• 9.1. Overview
• 9.2. Automotive
• 9.3. Aerospace & Defense
• 9.4. Heavy Machinery & Tools
• 9.5. Medical & Dental Devices
• 9.6. Oil & Gas
• 9.7. Chemical
• 9.8. Construction
• 9.9. Energy & Power
• 9.10. Transportation
• 9.11. Other End Users

10. Metal Powder Market Assessment-by Geography

• 10.1. Overview
• 10.2. Europe
  • 10.2.1. U.K.
  • 10.2.2. Germany
  • 10.2.3. France
  • 10.2.4. Italy
  • 10.2.5. Spain
  • 10.2.6. Sweden
  • 10.2.7. Switzerland
  • 10.2.8. Netherlands
  • 10.2.9. Norway
  • 10.2.10. Austria
  • 10.2.11. Denmark
  • 10.2.12. Rest of Europe
• 10.3. Asia Pacific
  • 10.3.1. China
  • 10.3.2. Japan
  • 10.3.3. India
  • 10.3.4. South Korea
  • 10.3.5. Singapore
  • 10.3.6. Australia
  • 10.3.7. Malaysia
  • 10.3.8. Rest of Asia Pacific
• 10.4. North America
  • 10.4.1. U.S.
  • 10.4.2. Canada
• 10.5. Latin America
  • 10.5.1. Brazil
  • 10.5.2. Mexico
  • 10.5.3. Rest of Latin America
• 10.6. Middle East & Africa
  • 10.6.1. Israel
  • 10.6.2. UAE
  • 10.6.3. Rest of Middle East & Africa

11. Competition Analysis

• 11.1. Overview
• 11.2. Key Growth Strategies
• 11.3. Competitive Benchmarking
• 11.4. Competitive Dashboard
  • 11.4.1. Industry Leaders
  • 11.4.2. Market Differentiators
  • 11.4.3. Vanguards
  • 11.4.4. Emerging Companies
• 11.5. Market Ranking, by Key Players

12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments)

• 12.1. Hoganas AB
• 12.2. GKN Powder Metallurgy
• 12.3. Advanced Technology & Materials Co., Ltd.
• 12.4. Sandvik AB
• 12.5. AMETEK Inc.
• 12.6. Tekna Holding ASA
• 12.7. BASF SE
• 12.8. Aubert & Duval
• 12.9. Alcoa Corporation
• 12.10. ATI Inc.
• 12.11. Carpenter Technology Corporation
• 12.12. RusAL
• 12.13. Rio Tinto
• 12.14. Kymera International
• 12.15. Praxair S.T. Technology, Inc.

(Note: SWOT analysis of the top 5 companies will be provided.)

13. Appendix

• 13.1. Available Customizations
• 13.2. Related Reports