Global Powder Metallurgy Market is Expected to Grow at a CAGR of 7.1% to Reach $11.1 Billion by 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Powder Metallurgy - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Powder Metallurgy market accounted for $6,000.26 million in 2017 and is expected to reach $11,120.26 million by 2026 growing at a CAGR of 7.1% during the forecast period.
Increase in demand for powder metal-based automotive components and growing demand for fuel efficient vehicles are some of the primary driving factors for the powder metallurgy market globally. However, limited use in the production of three-dimensional products and high capital costs of powder metallurgy processing equipment are restraining the market.
Amongst end-user, electrical & electronics accounted for the largest market share in the global powder metallurgy market due to cutting edge technology and augment in the use of powdered metals in electronic devices such as electric car batteries and sintered parts for different electronic gadgets.
By geography, North America dominates the global market during the forecast period. In this region, the growth of the market is influenced due to increasing automotive command for powder metallurgy in the United States (US) for aerospace industry.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Powder Metallurgy Market, By Material
6 Global Powder Metallurgy Market, By End-user
7 Global Powder Metallurgy Market, By Geography
8 Key Developments
9 Company ProfilingSumitomo Electric Company Ltd. Fine Sinter Co. Ltd. Federal-Mogul Corporation Voestalpine AG Sandvik AB Allegheny Technologies Incorporated Dorst Technologies Borgwarner Inc. H.C. Starck GKN PLC Hitachi Chemical Company Ltd. Chicago Powder Metal Products Hoganas AB Carpenter Technology Corporation SMC Powder Metallurgy Inc. ACuPowder International LLC OBE GmbH
For more information about this report visit https://www.researchandmarkets.com/research/s857k2/global_powder?w=4
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Related Topics:Chemical Engineering
INDUSTRY KEYWORD: MANUFACTURING ENGINEERING NATURAL RESOURCES MINING/MINERALS
SOURCE: Research and Markets
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PUB: 12/03/2018 08:53 AM/DISC: 12/03/2018 08:53 AM