세계의 분말 야금 시장, 규모, 점유율, 산업 분석 보고서 : 재료별, 용도별, 프로세스별, 최종 용도별, 지역별 - 예측(2025-2034년)

The powder metallurgy market size is expected to reach USD 11.48 billion by 2034, according to a new study by Polaris Market Research. The report "Powder Metallurgy Market Share, Size, Trends, Industry Analysis Report: By Material (Titanium, Nickel, Steel, Aluminum, Cobalt), By Application, By Process, By End Use, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Powder metallurgy is a process that enables the efficient transformation of metal powders into high-performance and precisely engineered components, is witnessing strong momentum from the trend of light weighting across industries. Manufacturers are increasingly adopting this method to design components that combine reduced weight with superior durability, supporting the shift toward energy-efficient and high-performing systems. The technology also minimizes raw material wastage and enhances cost efficiency, making it an attractive solution in modern manufacturing ecosystems. Powder metallurgy stands out as a reliable enabler of innovation as industries continue to prioritize sustainability and performance optimization.

The powder metallurgy market is further driven by the rapid growth of additive manufacturing, which heavily relies on high-quality metal powders. This intersection has unlocked opportunities for producing complex, customized, and high-precision parts with reduced lead times and improved design flexibility. The consistency and reliability offered by powder metallurgy in delivering suitable powders for 3D printing make it central to the expansion of advanced manufacturing techniques. Therefore, as additive manufacturing continues to evolve, powder metallurgy is expected to play an important role in accelerating product development cycles and meeting the demand for tailored solutions across industries.

Powder Metallurgy Market Report Highlights

In terms of material, the steel segment held a 34.78% revenue share in 2024, owing to its wide availability, cost-effectiveness, and versatile use in automotive and industrial applications.

Based on application, the automotive segment is projected to grow at the fastest rate of 7.0% CAGR, driven by the industry's push for light weighting and improved fuel efficiency.

North America held 38.46% global market share in 2024, attributed to its advanced manufacturing base and strong aerospace and automotive sectors.

The Asia Pacific market is expected to grow at a 7.4% CAGR from 2025-2034, propelled by rapid industrialization and expanding automotive production.

A few global key market players include ArcelorMittal Powders, Carpenter Technology Corporation, ExOne (Desktop Metal), GKN PLC, Atlas Pressed Metals, Hogansas AB, Optomec Inc., Renishaw PLC, Sandvik AB, and Voxeljet AG.

Polaris Market Research has segmented the market report on the basis of material, application, process, end use, and region:

By Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)

Titanium

Nickel

Steel

Aluminum

Cobalt

Other Materials

By Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)

Aerospace & Defense

Automotive

Medical & Dental

Oil & Gas

Industrial

By Process Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)

Additive Manufacturing

Metal Injection Molding

Powder Metal Hot Isostatic Pressing (PM HIP)

By End Use Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)

OEM

AM Operators

By Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2020-2034)

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Vietnam

Australia

Rest of Asia Pacific

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa

Table of Contents

Chapter 1. Introduction

• 1.1 Report Description
  • 1.1.1 Objectives of the Study
  • 1.1.2 Market Scope
  • 1.1.3 Assumptions
• 1.2 Stakeholders

Chapter 2. Executive Summary

Chapter 3. Research Methodology

• 3.1 Overview
  • 3.1.1 Data Mining
• 3.2 Data Sources
  • 3.2.1 Primary Sources
  • 3.2.2 Secondary Sources

Chapter 4. Powder Metallurgy Market Insights

• 4.1 Powder Metallurgy - Industry snapshot
• 4.1 Powder Metallurgy Market Dynamics
  • 4.1.1 Drivers and Opportunities
    • 4.1.1.1 Rising Demand for Light weighting in Automotive/Aerospace
    • 4.1.1.2 Growth in Additive Manufacturing
  • 4.1.2 Restraints and Challenges
    • 4.1.2.1 Price Volatility
• 4.2 Powder Metallurgy Market - Porter's Five Forces
  • 4.2.1 Bargaining Power of Suppliers (Moderate)
  • 4.2.2 Threats of New Entrants: (Low)
  • 4.2.3 Bargaining Power of Buyers (Moderate)
  • 4.2.4 Threat of Substitute (Moderate)
  • 4.2.5 Rivalry among existing firms (High)
• 4.3 Powder Metallurgy Market - PEST Analysis
• 4.4 Covid-19 Impact Analysis & Industry Trends
• 4.1 Global Powder Metallurgy Market, Price Trend Analysis, By Material

Chapter 5. Powder Metallurgy Market Assessment by Material

• 5.1 Introduction
• 5.2 Titanium
• 5.3 Nickel
• 5.4 Steel
• 5.5 Aluminum
• 5.6 Cobalt
• 5.7 Other Materials

Chapter 6. Powder Metallurgy Market Assessment by Application

• 6.1 Introduction
• 6.2 Aerospace & Defense
• 6.3 Automotive
• 6.4 Medical & Dental
• 6.5 Oil & Gas
• 6.6 Industrial

Chapter 7. Powder Metallurgy Market Assessment by Process

• 7.1 Introduction
• 7.2 Additive Manufacturing
• 7.3 Metal Injection Molding
• 7.4 Powder Metal Hot Isostatic Pressing (PM HIP)

Chapter 8. Powder Metallurgy Market Assessment by End-Use

• 8.1 Introduction
• 8.2 OEM
• 8.3 AM Operators

Chapter 9. Powder Metallurgy Market Assessment by Region

• 9.1 Introduction
• 9.2 Powder Metallurgy Market - North America
  • 9.2.1 Powder Metallurgy Market - U.S.
  • 9.2.2 Powder Metallurgy Market - Canada
• 9.3 Powder Metallurgy Market - Europe
  • 9.3.1 Powder Metallurgy Market - Germany
  • 9.3.2 Powder Metallurgy Market - UK
  • 9.3.3 Powder Metallurgy Market - France
  • 9.3.4 Powder Metallurgy Market - Italy
  • 9.3.5 Powder Metallurgy Market - Spain
• 9.4 Powder Metallurgy Market - Asia Pacific
  • 9.4.1 Powder Metallurgy Market - China
  • 9.4.2 Powder Metallurgy Market - India
  • 9.4.3 Powder Metallurgy Market - Japan
  • 9.4.4 Powder Metallurgy Market - South Korea
• 9.5 Powder Metallurgy Market - Latin America
  • 9.5.1 Powder Metallurgy Market - Brazil
  • 9.5.2 Powder Metallurgy Market - Mexico
• 9.6 Powder Metallurgy Market - Middle East & Africa
  • 9.6.1 Powder Metallurgy Market - Saudi Arabia
  • 9.6.2 Powder Metallurgy Market - UAE

Chapter 10. Competitive Landscape

• 10.1 Product Launch is the Best Adopted Strategy by the Companies
• 10.2 Product Launch
• 10.3 Partnerships/Collaborations/Agreements/Exhibitions

Chapter 11. Company Profiles

• 11.1 ArcelorMittal Powders
  • 11.1.1 Business Overview
  • 11.1.2 Financial Snapshot
  • 11.1.3 Products and Services
  • 11.1.4 Recent Developments
• 11.2 Carpenter Technology Corporation
  • 11.2.1 Business Overview
  • 11.2.2 Financial Snapshot
  • 11.2.3 Products and Services
  • 11.2.4 Recent Developments
• 11.3 ExOne (Desktop Metal)
  • 11.3.1 Business Overview
  • 11.3.2 Financial Snapshot
  • 11.3.3 Products and Services
  • 11.3.4 Recent Developments
• 11.4 GKN PLC
  • 11.4.1 Business Overview
  • 11.4.2 Financial Snapshot
  • 11.4.3 Products and Services
  • 11.4.4 Recent Developments
• 11.5 Hoganas AB
  • 11.5.1 Business Overview
  • 11.5.2 Financial Snapshot
  • 11.5.3 Products and Services
  • 11.5.4 Recent Developments
• 11.6 Atlas Pressed Metals
  • 11.6.1 Business Overview
  • 11.6.2 Financial Snapshot
  • 11.6.3 Products and Services
  • 11.6.4 Recent Developments
• 11.7 Optomec Inc.
  • 11.7.1 Business Overview
  • 11.7.2 Financial Snapshot
  • 11.7.3 Products and Services
  • 11.7.4 Recent Developments
• 11.8 Renishaw PLC
  • 11.8.1 Business Overview
  • 11.8.2 Financial Snapshot
  • 11.8.3 Products and Services
  • 11.8.4 Recent Developments
• 11.9 Sandvik AB
  • 11.9.1 Business Overview
  • 11.9.2 Financial Snapshot
  • 11.9.3 Products and Services
  • 11.9.4 Recent Developments
• 11.10 Voxeljet AG
  • 11.10.1 Business Overview
  • 11.10.2 Financial Snapshot
  • 11.10.3 Products and Services
  • 11.10.4 Recent Developments