금속 분말 시장은 2024-2031년간 6.2%의 연평균 복합 성장률(CAGR)로 성장하여 2031년까지 102억 달러에 달할 것으로 예상됩니다. 금속 분말 시장의 성장은 적층 가공(AM) 수요 증가와 금속 분말 제조를 위한 금속 폐기물 재활용에 대한 관심이 높아짐에 따라 이루어질 것입니다. 그러나 금속 분말 사용으로 인한 건강상의 위험은 이 시장의 성장을 억제하는 요인으로 작용하고 있습니다.
금속 분말 시장(2031년까지의 예측)에 대해 조사 분석했으며, 주요 5개 지역의 금속 분말 시장을 조사했습니다, 현재 시장 동향, 시장 규모, 시장 점유율, 최근 동향, 2031년까지의 예측 등을 정리하여 전해드립니다.
또한, 일부 최종 사용 산업에서 경량 부품에 대한 수요 증가와 분말 야금의 발전은 이 시장의 이해 관계자들에게 성장 기회를 제공할 것으로 예상됩니다. 그러나 금속 분말의 품질과 일관성을 유지하는 것은 시장 성장에 영향을 미치는 주요 과제입니다.
(주 : 주요 5개사의 SWOT 분석을 게재)
Metal Powder Market by Metal Type (Ferrous, Non-Ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography-Forecasts to 2031'
The research report titled, 'Metal Powder Market by Metal Type (Ferrous, Non-ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography-Forecasts to 2031', provides in-depth analysis of the metal powder market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The metal powder market is projected to reach $10.2 billion by 2031, at a CAGR of 6.2% from 2024 to 2031. The growth of the metal powder market is driven by increasing demand for additive manufacturing (AM) and an increased focus on recycling metal waste for the production of metal powder. However, the health hazards of using metal powder are a factor restraining the growth of this market.
Furthermore, the rising demand for lightweight parts across several end-use industries, and advancements in powder metallurgy are expected to generate growth opportunities for the stakeholders in this market. However, maintaining the quality and consistency of metal powders is a major challenge impacting market growth.
The metal powder market is segmented by metal type (ferrous metal powder (iron powder, steel powder, and other ferrous metal powder) and non-ferrous metal powder (aluminum powder, copper powder, titanium powder, brass powder, and other non-ferrous metal powder)), application (additive manufacturing, metal injection molding, pressing & sintering and other technology), and source (pure/ore metal powder, and recycled metal powder), production method (chemical method, mechanical method, and physical method), and end-use industry (automotive, energy & power generation, manufacturing, aerospace & defense, construction, oil & gas, healthcare, transportation, chemical, and other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on metal type, the metal powder market is broadly segmented into ferrous metal powder and non-ferrous metal powder. In 2024, the ferrous metal powder segment is expected to account for the larger share of above 65.0% of the metal powder market. The segment's large market share is mainly attributed to factors such as the wide use of ferrous metal powder in end-use industries such as defense, aerospace, construction, automotive, and healthcare; additional benefits such as strength and durability of ferrous metal over non-ferrous; and growing preference of atomized iron powder in industrial raw materials.
However, the non-ferrous metal powder segment is expected to record the highest CAGR during the forecast period. The growth of this segment is mainly driven by the growing use of composite material in additive manufacturing, the increasing popularity of titanium powders for the application of aerospace parts to car components, and new alloy developments.
Based on application, the metal powder market is segmented into additive manufacturing, metal-injection molding, pressing & sintering, and other technology. In 2024, the pressing & sintering segment is expected to account for the largest share of the metal powder market. The segment's large share is mainly attributed to the increased use of pressing & sintering for the production of solid & strong parts of desired geometry from raw metal powder, also due to its cost-effectiveness and growing focus of manufacturing companies on increasing production capacity. For instance, in February 2024, SAP PARTS Pvt. Ltd (India) installed a new metal powder press at its sintering facility to increase production capacity and improve the compaction process.
However, the additive manufacturing segment is expected to record the highest CAGR of 9.0% during the forecast period. The growth of this segment is mainly driven by the growing focus of companies on the development of new alloys, increased use of additive manufacturing for prototyping, jewelry-making applications, and production of lightweight parts for various industries, including aerospace, automotive, and defense; and increased focus of metal powder companies on expanding production of metal powders for additive manufacturing. For instance, in October 2021, Pometon S.p.A. (Italy) established PometonPlus, a new business division specializing in the production of metal powders for Additive Manufacturing.
Based on source, the metal powder market is segmented into pure/ore metal powder and recycled metal powder. In 2024, the recycled metal powder segment is expected to account for the larger share of above 56.0% of the metal powder market. The segment's large share is mainly attributed to factors such as companies' increasing focus on sustainability, creating circular loops for metals, and the development of a metal powder recycling system.
Moreover, the recycled metal powder segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by the increasing use of scrap and discarded parts as feedstock to make new powders for additive manufacturing and increased manufacturing activities.
Based on production method, the metal powder market is segmented into chemical method, mechanical method, and physical method. In 2024, the mechanical segment is expected to account for the largest share of above 44.0% of the metal powder market. The segment's large share is mainly attributed to factors such as the use of grinding and crushing processes for the production of metal powders due to their cost-effectiveness.
Moreover, the mechanical segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by the growing use of recycled metal powder and the ability of mechanical processes to obtain ultrafine powders of high melting point metals.
Based on end user, the metal powder market is segmented into automotive, aerospace & defense, heavy machinery & tools, medical & dental devices, oil & gas, chemical, construction, energy & power, transportation, and other end users. In 2024, the heavy machinery & tools segment is expected to account for the largest share of above 33.0% of the metal powder market. The segment's large share is mainly attributed to factors such as the increased use of metal powder in heavy machinery & tools manufacturing due to material flexibility, application versatility, and cost-effectiveness, increased use of additive manufacturing for the production of complex heavy machinery & tools parts, and growth in the use of composite materials in heavy machinery & tools manufacturing.
However, the aerospace & defense segment is expected to record the highest CAGR during the forecast period. The segment's growth is mainly driven by the growing use of metal powder for the production of aerospace parts with a high strength-to-weight ratio, the development of new consistent alloys, and the growing use of 3D printing for the prototyping of aircraft, spacecraft & defense components.
Based on geography, the metal powder market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of above 37.0% of the metal powder market. The large market share of this segment is attributed to the presence of a large number of manufacturing companies in China, South Korea, and Japan, along with the strong presence of automobile, industrial manufacturing, and electronics & semiconductor companies, and Southeast Asia's tremendous growth in manufacturing.
Moreover, Asia-Pacific is projected to register the highest CAGR of 7.5% during the forecast period. The growth of this region is attributed to rising industrialization, growing urbanization, growing adoption of industrialization 4.0, and increasing demand from the automotive sector across the region.
The key players operating in the metal powder market are Hoganas AB (Sweden), GKN Powder Metallurgy (U.K.), Advanced Technology & Materials Co., Ltd. (China), Sandvik AB (Sweden), AMETEK Inc. (U.S.), Tekna Holding ASA (Canada), BASF SE (Germany), Aubert & Duval (France), Alcoa Corporation (U.S.), ATI Inc. (U.S.), Carpenter Technology Corporation (U.S.), RusAL (Russia), Rio Tinto (U.K.), Kymera International (U.S.), and Praxair S.T. Technology, Inc. (U.S.).
Metal Powder Market Assessment, by Metal Type
Metal Powder Market Assessment, by Application
Metal Powder Market Assessment, by Source
Metal Powder Market Assessment, by Production Method
Metal Powder Market Assessment, by End User
Metal Powder Market Assessment, by Geography
(Note: SWOT analysis of the top 5 companies will be provided.)