Global Powder Metallurgy Parts Market Outlook, 2020-2027 - Aluminum Sintering Inches Towards Reality - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Powder Metallurgy Parts - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Powder Metallurgy Parts Market to Reach US$35.4 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Powder Metallurgy Parts estimated at US$22.5 Billion in the year 2020, is projected to reach a revised size of US$35.4 Billion by 2027, growing at a CAGR of 6.7% over the period 2020-2027.

Ferrous Metals, one of the segments analyzed in the report, is projected to grow at a 6.4% CAGR to reach US$30.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Ferrous Metals segment is readjusted to a revised 8.3% CAGR for the next 7-year period. This segment currently accounts for a 13.1% share of the global Powder Metallurgy Parts market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 10.1% CAGR for the Period of 2020-2027

The Powder Metallurgy Parts market in the U. S. is estimated at US$6.1 Billion in the year 2020. The country currently accounts for a 27.06% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$7.7 Billion in the year 2027 trailing a CAGR of 10.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach US$7.7 Billion by the year 2027.

The publisher brings years of research experience to this 16th edition of the report. The 289-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others

• Allegheny Technologies Inc.
• AMETEK Specialty Metal Products
• Carpenter Technology Corporation
• Daido Steel Co. Ltd.
• Diamet Corporation
• DOWA Electronics Materials Co. Ltd.
• Erasteel SAS
• H. C. Starck GmbH
• Hitachi Chemical Co. Ltd.
• JFE Steel Corporation
• Kennametal, Inc.
• Miba AG
• PMG Holding GmbH
• Rio Tinto Metal Powders
• Sumitomo Electric Industries, Ltd.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• A Prelude
• Recent Market Activity
• Outlook
• Analysis for Powder Metallurgy (P/M) Parts
• Global Competitor Market Shares
• Powder Metallurgy Parts Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
• Automotive Industry - The Largest End-Use Industry for PM Products
• Asia-Pacific Continues to be a Growth Engine
• Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Expanding Applications Drive Powder Metals Market
• MIM PM Components Set to Flourish
• Aluminum Sintering Inches towards Reality
• VVT Components - A Peek into Opportunities and Hurdles
• Marked Trends towards Finer Powders and Advanced PM Parts
• Future Growth for the PM Industry
• Diversification
• Sustainability
• Investments in Technology

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/clp49z