Metal Powder Market Size, Share, and Analysis, 2023

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.

Some of the prominent players operating in the global metal powder market are 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), and Metaldyne performance Group Inc (U.S.).

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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.

The Metal Powder Market is segmented across five regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing market with an expanding CAGR during the forecast period.

Metal powders are extensively used for the process of thermal spraying, filling plastics, and fabricating sintered parts among others. Some of the most common powdered metal types include iron, aluminum, copper, and lead among others. The demand from the construction and automobile industry is a significant factor driving the growth of the global metal powder market. 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.

Browse the market data and information spread across 137 pages with 59 data tables and 15 figures of the report "Metal Powder Market Research Report - Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/metal-powder-market-5666

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.

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