Metal Powder Market Size, Top Companies, Demand/Supply Analysis and Future Market Trends 2019-2023

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Metal Powder Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Metal Powder Market Research Report- Forecast to
2023
Metal Powder Market - Overview
The Global Market for Metal Powder is possibly
going to achieve a CAGR of more than 3 during
the forecast period (2017-2023), says Market
Research Future (MRFR). Growth Boosters and Key
Barriers Rising adoption of additive
manufacturing, coupled with the increasing demand
for lightweight components within the automotive
sector, could favor market growth. Additive
manufacturing is also called 3-D printing, known
for imprinting excellent shades within the
manufacturing sector, based on the phasing in of
advanced technologies including digitalization to
cope up with additive manufacturing which is
blended with metal powder to make a 3D prototype.
It is believed that the 3D-printing market could
demonstrate double-digit growth in the coming
years. Lightweight material is gaining immense
popularity in the automotive industries, on
account of its beneficial properties, including
high accuracy and high life expectancy, among
others. Materials that are lightweight, such as
aluminum (Al) alloys, high-strength steel,
polymer composites, carbon fiber, and magnesium
(Mg) alloys can directly decrease the entire
weight of the body as well as the chassis of a
vehicle by almost 50. This factor is poised to
drive the demand for Metal Powder in the
automotive Industry. The surge in adoption of
additive manufacturing within aerospace and
healthcare industries leaves a lucrative effect
on the market. 3D-printing technology or additive
manufacturing has gained plenty of traction in
the medical industry to make high-quality medical
equipment that can perform critical operations in
less time. For instance, the U.S. Food and Drug
Administration (FDA) recently approved spinal
implants that were created from titanium alloys
using the 3D-printing technology. Therefore, the
boost in the adoption of 3D-printing technology
across numerous end-user industries could do
wonders for the market in the subsequent years.
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Metal Powder Market Research Report- Forecast to
2023
Segmental Analysis
The Global Metal Powder Market is segmented into
Type, Production Method, Compaction Technique,
and End User Industry. Based on the Type, the
market is segmented into non-ferrous, ferrous,
and others. Based on the Production Method, the
Global Metal Powder Market is segmented into the
physical method, chemical method, and mechanical
method. Based on the Compaction Technique, the
market is bifurcated into cold compaction
technique and hot compaction technique. Based on
the End Use Industry, the market is further
segmented into transportation, electrical and
electronics, building and construction, and
others.View Full Press Release _at_
https//www.marketresearchfuture.com/reports/metal
-powder-market-5666

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Metal Powder Market Research Report- Forecast to
2023
Regional Outlook
The Metal Powder is widely used in various
end-user industries such as automobile, building
and construction, electronics, and machinery
among others. The Global Metal Powder Market is
spanned across five regions Asia Pacific, North
America, Europe Latin America, and the Middle
East Africa. The Asia Pacific is expected to be
the fastest growing market during the forecast
period owing to the growing number of developing
industries in this region. China, India, and
Japan are some of the major countries
contributing to the growth of the market in the
region. Furthermore, increasing government
spending in infrastructural development is
affecting positively to the growth of the market.
According to the State Council of the Republic of
China, the Chinese investment in real estate
development grew by 6.9 in 2016 and is
anticipated to grow over the coming years.
Additionally, growing electrical and electronic
sector mainly in Japan and China has positively
impacted the Metal Powder Market due to its
excellent thermal electrical conduction
abilities. North America is a Dominant Region in
the Global Metal Powder Market and is expected to
retain its dominance over the review period
2017-2023. The growing adoption of the Metal
Powder in the developed end-user industries is
expected to surge the market growth. The growing
investment in the construction sector mainly in
the U.S and Canada is further expected to surge
the market growth during the forecast
years. European Metal Powder Market is set to
grow at a steady pace during the forecast period.
The presence of the developed automobile sector
and the electronics industry is the major factor
driving the market growth. Furthermore, the
growing metal fabrication industry in Europe is
also contributing substantially to the growth of
the market. Moreover, the increasing demand for
lightweight vehicles has further augmented the
use of Metal Powder in the transportation
industry.
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Metal Powder Market Research Report- Forecast to
2023
Major Players in this Research

• Metal Powder Market Prominent Players
• Sandvik AB (Sweden)
• Carpenter Technology Corporation (U.S.)
• Hoganas AB (Sweden)
• GKN Plc. (U.K.)
• Rio Tinto (U.K.)
• Allegheny Technologies Incorporated (U.S.)
• American Chemet Corporation (U.S.)
• Carl Schlenk AG (Germany)
• Hitachi Chemical Co., Ltd (Japan)
• Metaldyne performance Group Inc (U.S.)

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