Strategic Collaboration and New Product Innovating By Key Players Drives Metal Powder Market

Published: Nov 2022

The global metal powder market is anticipated to grow at a CAGR of 5.1% during the forecast period. The global metal powder market growth is backed by the presence of major market players and their contribution to the market development. The players operating in the metal powder market are focusing on strategic mergers and acquisitions, and capacity expansions to fulfill growing market demands. In May 2021, GKN Powder Metallurgy launched a new dedicated green hydrogen unit, GKN Hydrogen to provide safe, emission-free green hydrogen storage to help organizations achieve their carbon neutrality goals. The Hydrogen unit launch reinforces GKN Powder Metallurgy’s global technology leadership in conjunction with other advances the business is making, including in 3D printing. 

Browse the full report description of “Metal Powder Market Size, Share, and Trends Analysis Report, By Type (Ferrous and Non-Ferrous), By Process (Atomization, Solid State Reduction, Electrolysis, and Other), By End-User Industry (Automotive, Aerospace & Defense, Medical, Building & Construction, and Others), Forecast Period 2022-2028” at https://www.omrglobal.com/industry-reports/metal-powder-market

Few Recent Market Strategies-

In July 2022, BASF and TODA expanded their Japanese joint venture’s capacity for high nickel cathode active materials. The collaboration aimed to meet growing market demand and strengthen the local supply chain in Japan. 

In July 2021, CNPC Powder expanded its automated metal production (AMP) line with a new range of aluminum powder explicitly designed for Powder Bed Fusion (PBF) metal additive manufacturing.

In May 2019, Carpenter Additive, one of the leaders in high-performance specialty alloys expanded its business capacity with the launch of a new Carpenter Additive business unit. The new division reinforced and built upon Carpenter’s existing position as a powder metals supplier to the additive manufacturing industry. 

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Process

o By End-User Industry

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Advanced Technology & Materials Co., Ltd., Hoganas AB, Linde PLC, Sandvik AB, among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected regions and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Metal Powder Market Report by Segment

Global Metal Powder Market by Type 

  • Ferrous
  • Non-Ferrous

Global Metal Powder Market by Process

  • Atomization
  • Solid State Reduction
  • Electrolysis
  • Other

Global Metal Powder Market by End-User Industry

  • Automotive
  • Aerospace & Defence
  • Medical
  • Building & Construction
  • Other

Global Metal Powder Market Report by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

 To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/metal-powder-market