금속 분말 시장 예측(-2030년) : 제품 유형, 제조 방법, 기술, 용도 및 지역별 분석

According to Stratistics MRC, the Global Metal Powder Market is accounted for $8.1 billion in 2024 and is expected to reach $13.1 billion by 2030 growing at a CAGR of 8.3% during the forecast period. Metal powders are finely ground particles of metallic substances. It's produced through various methods like atomization, chemical reduction, or grinding. These powders possess unique properties, making them valuable in various industries. They're used in powder metallurgy processes like pressing, sintering, and heat treatment to create intricate components with high strength, wear resistance, and dimensional accuracy. Additionally, metal powders are crucial in additive manufacturing techniques such as 3D printing, where layers of metal powder are selectively fused to fabricate complex shapes with precision. Industries like aerospace, automotive, healthcare and electronics rely on metal powders for manufacturing components ranging from engine parts to medical implants. Their versatility, coupled with advancements in processing technologies, continues to expand their applications, driving innovation across multiple sectors.

Market Dynamics:

Driver:

Rising demand from the automotive industry

The automotive industry is constantly exploring new applications for metal powder. Metal powder is being used in engine components for better performance and weight reduction, complex transmission parts due to its design flexibility, and even body panels for enhanced aesthetics and safety. Moreover manufacturers are developing new metal powder formulations with improved properties like higher strength, better flow characteristics, and compatibility with 3D printing techniques. This fosters a positive cycle where innovation is driven by demand.

Restraint:

Health and safety concerns

Stringent safety regulations and protocols to mitigate health risks add to the overall production cost of metal powders. Proper ventilation systems, protective gear for workers, and waste disposal procedures all require investment, making metal powders less price-competitive compared to traditional materials and the fear of potential health risks and liability issues can act as a deterrent, especially for smaller companies with limited resources for implementing robust safety measures hampering the market growth.

Opportunity:

Increasing demand for electrical & electronics products

The increasing demand for electrical and electronics products has a significant impact on the metal powder market. These products rely on a wide range of metal components, many of which are manufactured using metal powders. As the demand for electrical and electronics products rises, so does the need for high-performance materials that offer properties like conductivity, thermal resistance, and durability. Additionally, the trend towards miniaturization and the production of lighter, more energy-efficient electronics further fuels the demand for specialized metal powders.

Threat:

Technical challenges

Metal AM involves melting metal powder layer by layer to build the desired object. However, eliminating all porosity (air gaps) within the printed part remains a challenge. Excess porosity can weaken the final product and compromise its structural integrity. Optimizing printing parameters and powder characteristics is crucial for achieving dense parts with minimal porosity. Thus inconsistencies in powder quality can lead to failed prints, wasted materials, and difficulty achieving desired product specifications.

Covid-19 Impact

Companies operating in the market experienced an irregular demand due to the COVID-19 pandemic. The companies experienced a slight increase in demand for applications such as industrial services, operations, and repairs. Automotive companies were also facing closures during the COVID-19 pandemic, and companies were either closing their plants or lowering their production capacity due to staff shortages and lack of raw materials. The demand for automobiles declined as consumers focused on having essential services and products. Key automotive manufacturers have lowered their production rates, which reduced their market share in the global market.

The ferrous metals segment is expected to be the largest during the forecast period

The ferrous metals is expected to be the largest during the forecast period because the ferrous metal type includes iron and steel. They find applications in a variety of products such as dental restoration, oil-less bearings, automotive transmission gears, orthopedic implants, and aircraft brake pads. Ferrous metal offers better durability, tensile strength, lower cost, and broad flexibility, which is expected to boost the market growth.

The automotive segment is expected to have the highest CAGR during the forecast period

The automotive segment is expected to have the highest CAGR during the forecast period. Powdered iron is utilized in the automotive sector for processes such as particle metallurgy, hot isostatic pressing, sintering, and injection molding. Increasing vehicle production, rising use of technology in vehicles, and shifting focus to lighter vehicles are key attributes that determine the market growth. Powdered metal is used in many manufacturing techniques to create metal parts. With this product, unlike traditional machining, there is no waste and there is a flexibility to design a wide variety of metal and alloy parts. Such favorable properties are expected to promote the growth of the segment.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to demand for different sintered parts in transmissions and engines have been reduced as a result of the increasing popularity of vehicles that are both energy-efficient and hybrids. Nevertheless, the market vendors are expected to have lucrative opportunities over the next few years through powder forging technology. According to the Federation of Metal Powder Industries, almost 30% of automotive coupling rods are produced through powder forging processes worldwide.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period as China, Japan, India, and South Korea are driving the growth of the market in the region. This is largely due to China being a manufacturing center for products covering automotive OEMs to electronic products. In Asia Pacific, China has the largest share in global powdered metal production due to the presence of various medium & small-sized manufacturers. Increasing aircraft delivery and ordering facilities due to the demand for new generation aircraft will boost regional demand.

Key players in the market

Some of the key players in Metal Powder market include Advanced Technology & Materials Co., Ltd, Alcoa Inc, Allegheny Technologies Incorporated, BASF SE, Carpenter Technology Corporation, CRS Holdings Inc., GKN PLC, Hitachi Chemicals Co. Ltd, Hoganas AB, Metaldyne Performance Group, MolyWorks Materials Corporation, POLEMA, Pometon Powder, Rio Tinto Metal Powders, Rusal, Sandvik AB and Yingtan Longding New Materials & Technologies Ltd

Key Developments:

In June 2024, CPGC and BASF sign Framework Agreement on actual ship application of Onboard Carbon Capture System. OASE blue is BASF's gas treatment technology designed for CO2 capture application in flue gas, with low energy consumption, low solvent losses, and an exceptionally flexible operating range.

In June 2024, BASF is expanding its Biopolymers portfolio by introducing biomass-balanced ecoflex(R) (PBAT). The biomass-balanced ecoflex(R) not only contributes to reducing the use of fossil resources, but it also offers a 60% lower Product Carbon Footprint (PCF) (2) than the standard ecoflex(R) F Blend C1200.

Material Types Covered:

• Ferrous Metals
• Non-Ferrous Metals

Production Methods Covered:

• Chemical Method
• Mechanical Method
• Physical Method

Technologies Covered:

• Pressing
• Extrusion
• Metal Injection Molding (MIM)
• Additive Manufacturing (3D Printing)
• Other Technologies

Applications Covered:

• Automotive
• Aerospace & Defense
• Electrical & Electronics
• Medical
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Metal Powder Market, By Material Type

• 5.1 Introduction
• 5.2 Ferrous Metals
• 5.3 Non-Ferrous Metals

6 Global Metal Powder Market, By Production Method

• 6.1 Introduction
• 6.2 Chemical Method
• 6.3 Mechanical Method
• 6.4 Physical Method

7 Global Metal Powder Market, By Technology

• 7.1 Introduction
• 7.2 Pressing
• 7.3 Extrusion
• 7.4 Metal Injection Molding (MIM)
• 7.5 Additive Manufacturing (3D Printing)
• 7.6 Other Technologies

8 Global Metal Powder Market, By Application

• 8.1 Introduction
• 8.2 Automotive
• 8.3 Aerospace & Defense
• 8.4 Electrical & Electronics
• 8.5 Medical
• 8.6 Other Applications

9 Global Metal Powder Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Advanced Technology & Materials Co., Ltd
• 11.2 Alcoa Inc
• 11.3 Allegheny Technologies Incorporated
• 11.4 BASF SE
• 11.5 Carpenter Technology Corporation
• 11.6 CRS Holdings Inc.
• 11.7 GKN PLC
• 11.8 Hitachi Chemicals Co. Ltd
• 11.9 Hoganas AB
• 11.10 Metaldyne Performance Group
• 11.11 MolyWorks Materials Corporation
• 11.12 POLEMA
• 11.13 Pometon Powder
• 11.14 Rio Tinto Metal Powders
• 11.15 Rusal
• 11.16 Sandvik AB
• 11.17 Yingtan Longding New Materials & Technologies Ltd