Chemical and Material

Metal Powder Market 2019: Global Industry Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast upto 2025

The growth of the Metal powder industry is attributed to the growing urbanization, changing lifestyle of customers, preferences & habits, lack of knowledge and economic development that boosts the development of products. Global metal powder market is expected to experience wide growth during the forecast period. Change in the preference and standard of living is the factor that is driving the growth of metal powder market. Moreover, rise in the customer’s awareness is also fueling the growth of metal powder market analysis. Besides, growth in the urbanization is also boosting the growth of global metal powder market. Likewise, rise in the economic development is also propelling the growth of global powder market size. On the other hand expensiveness of powder for the raw materials is the reason that is affecting the growth of metal powder market across the globe

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Global metal powder market has been segmented by different production method, application, compaction technique, type, metal form and region. On the basis of production method, market is divided into mechanical, chemical and physical. Based on application, metal powder market is sub-divided into industrial, electrical & electronics, transportation & logistics, construction and more. On considering the compaction technique, market is sub-divided into hot & cold compaction. Based on type, market is sub-divided into non-ferrous, ferrous and more. On considering the metal form, market is divided into pure/ ore metal and recycled/ scrap metals.

Geographically, the global metal powder market upcoming report has been analyzed for several key regions covering Europe, North America, Asia Pacific and Rest of the World. Asia Pacific is the rapidly growing metal powder market due to the rising awareness of the customers, developments in technology, rise in competition and increased expenditure of the customers.

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Key players operating in the competitive landscape of the global metal powder market include Sandvik, Alcoa, Laiwu Iron & Steel, Carpenter Technology and more.

Metal powders are referred as finely powdered metals that are used for thermal spray, fabrication of sintered parts, filling plastics and others. Metal powders are the base constituents for the manufacturing of metallic components using the traditional powder metallurgy method. Powder metallurgy is the method used for making the sections or components of metal via heating the powdered metal below its melting point. One of the biggest advantages of powdered metals include reduction of waste that results in producing alloyed components as well as conventional machining.

In the process of powder metallurgy the properties of end product depends upon the characteristics of base powder from which it has been manufactured, this gain equally depends on the process of base powder production of the base powder. Hence, there are several different techniques for the production of metal powders and each of these technique offer a unlike particle morphology as well as pureness. Some of these techniques are machining, mechanical pulverization, crushing (used for the brittle material), electrolysis, slotting, atomization of liquid metal through water, argon, nitrogen or a mixture of all these plus lessening of metal oxides in hydrogen or by carbon. The metal oxides can be constituents for instance iron ore or else iron oxide produced from marinating plants and in mills of steel strip. Another methods includes the lessening of metal oxide along with the higher carbon that consists of metal powder, electrolytic treating of cathodic deposition from melted metal salts as well as chemical decomposition of the metal carbonyls.

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Furthermore, metal powders are expected to exhibit reliable powder characteristics in safeguarding repeatable production of the metal parts. As, metal powders used in additives manufacturing are supposed to be lightly spherical and also need to have an element size distribution, intended to enable improved packing activities, so that the final product that is manufactured has got decent mechanical properties and is extremely dense. Some other features expected in the final product will include density, morphology, chemical composition, green strength, surface area, compressibility & sintering ability as well as thermal properties.

Moreover, major feature of powder is the size of particle (granulometry) and shape of particle (morphology). On the other hand, technical properties of the powder includes flowability, surface area, and bulk density, and compressibility, thermal and green strength. Also, the potential areas of their application depend upon these properties, thus there must be a technique available for adequately elucidating these properties at times of repeatable procedures as well as standards.

Metal powder demand in the US was more than 1 billion pounds in 2015 at a growth rate of almost 6% and since then its been increasing. Out of the total demand ferrous metals accounted for more than 60% and nonferrous the remaining 40%.

Get the access of more information through our Blogs and White Papers:

1. White Paper on “Powder Metallurgy A Revolutionary Industrial Tool”

A metal functioning process for the formation of precision metal constituents from metal powders is termed as Powder metallurgy. Initially, metal powder is compressed into a shape at room temperature, trailed by heating (sintering) that sources the metal powder particles to blend together and keep away from melting. Moreover, all the parts manufactured by powder metallurgy already come up with desired physical as well as mechanical properties while meeting the working performance features. This white paper intends to provide all the particulars about the Powder Metallurgy method that will cover applications, process, advantages, key trends & key developments of Powder metallurgy.

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2. Blogs on “Metal Powder Market and Its Diverse Applications”

Metal powders are generally used for fabrication of sintered parts, filling plastics, thermal spray as well as others. Metal powders are the base elements for the engineering of metallic constituents’ utilizing the traditional methods of powder metallurgy. Powder metallurgy is a technique used for creating the divisions or constituents of metal through heating the powdered metal lower than its melting point. In addition, some of the major benefits of powdered metal include lessening metal wastes that results in manufacturing alloyed constituents and conventional machining.

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Some points from Table of Contents

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. Global Metal Powder Market Overview, By Production Method

Chapter 5. Global Metal Powder Market Overview, By Application

Chapter 6. Global Metal Powder Market Overview, By Compaction Technique

Chapter 7. Global Metal Powder Market Overview, By Type

Chapter 8. Global Metal Powder Market Overview, By Region

Chapter 9. Company Profiles

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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