Title: Powder Metallurgy Components Market Size, Analysis by Top Companies, Regions and Price with its types and Applications
1Powder Metallurgy Components Market To Reach USD
38.9 Billion By 2027
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2 Market Summary
Increasing adoption of powder metallurgy
technology by the automotive industry due to its
excellent controlled porosity and
self-lubricating properties coupled with growing
applications in various end-use industries,
especially from the aerospace and electronics
industries are key factors contributing to a high
CAGR of the powder metallurgy components market
during the forecast period. Market Size USD
21.3 Billion in 2019, Market Growth - CAGR of
7.9, Market Trends innovations and
advancements in textile applications widening the
scope for Powder Metallurgy Components market
3 Our Approach
Market Summary
- According to the current analysis of Reports and
Data, the global powder metallurgy components
market was valued at USD 21.3 Billion in 2019 and
is expected to reach USD 38.9 Billion by the year
2027, at a CAGR of 7.9. Powder Metallurgy (PM)
is the technology used for producing mechanical
parts from metal and other powders. More
recently, the vast majority of the manufacturing
of industrial parts is based on PM manufacturing
methods. PM components in the automotive sector
are in high demand on an international scale due
to the cost-benefit and functional flexibility
they provide. PM sector, for the electrical
machinery industry as components, power tools,
hydraulic equipment, motors, and magnetic
components, can supply directly or indirectly. - The applications for powder metallurgy components
can be bifurcated into two main groups. The first
group involves the parts that are difficult to be
manufactured by any other method, such as those
made from molybdenum, tungsten, or tungsten
carbide. Filters, porous bearings, and different
types of hard and soft magnetic components are
exclusively made with PM technology. - Key participants include Fine Sinter, PMG
Holding, GKN Hoeganaes, Schunk Group, Porite
Group, Hitachi Chemical, AMES, Metaldyne
Performance, SMC Powder Metallurgy, Stackpole
International, and Sumitomo Electric among others - To Request for a PDF Sample, Click Here -
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4 Our Approach
Market Summary
- Product Type (Revenue, USD Million Volume in
Tons, 20172027) - Ferrous Metals
- Iron
- Steel
- Non-Ferrous Metals
- Aluminum
- Copper
- Tungsten
- Others
- Preparation Process (Revenue, USD Million Volume
in Tons, 20172027) - Mechanical Pulverisation
- Electrolytic Process
- Chemical Reduction
- Atomization
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5 Our Approach
Market Summary
- Fabrication Method (Revenue, USD Million Volume
in Tons, 20172027) - Pressure-based
- Sinter-based
- Hybrid
- Application (Revenue, USD Million Volume in
Tons, 20172027) - Industrial
- Automotive
- Transmission
- Engine Parts
- Others
- Aerospace Defense
- Healthcare
- Electrical Electronics
- Others
- Browse the comprehensive TOC and data tables _at_
https//www.reportsanddata.com/report-detail/powde
r-metallurgy-components-market
6 Our Approach
About Us
- Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
- John Watson
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