Asia-Pacific Market Projected to Grow at the Highest Rate in the global metal powder market


Posted January 31, 2020 by RohitPrabhakar

Ferrous metal powder accounted for the largest share of 73.6% of metal powder market in 2014. Non-ferrous metal powder is projected to be the fastest-growing segment from 2015 to 2020.
 
The Global Market for Metal Powder witnessed rapid growth in 2013 and is projected to grow at a CAGR of 3.80% during the forecast period, that is, from 2015 to 2020, to reach USD 4,062.2 Million by 2020.

Browse 241 market data tables with 63 figures across 250 pages and in-depth TOC on “Metal Powder Market Type (Ferrous, Non-Ferrous), Metal Form (Recycled Metal, Ores), Production Method (Physical, Mechanical), Compaction Technique (Cold, Hot), Application (Transportation & Logistics, Industrial, Construction) - Global Forecast to 2020".

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Scope of the Report
This research study categorizes the global metal powder market based on metal form, type, production method, compaction technique, application, and region:
On the basis of metal form, the metal powder market has been segmented as follows:
• Scrap/Recycled metals
• Ore/Pure metal
On the basis of type, the metal powder market has been segmented as follows:
• Ferrous
• Non-ferrous
• Others (silver, gold, and platinum)
On the basis of production method, the metal powder market has been segmented as follows:
• Physical
• Chemical
• Mechanical
On the basis of compaction technique, the metal powder market has been segmented as follows:
• Cold compaction
• Hot compaction
On the basis of application, the metal powder market has been segmented as follows:
• Transportation & logistics
• Industrial
• Construction
• Electrical & electronics
• Others (medical/health care, defense, decorative, and entertainment)
On the basis of region, the metal powder market has been segmented as follows:
• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

The market for metal powder is observed to be matured in developing economies such as Europe and North America. The reason behind this is the high disposable income. The Asia-Pacific region formed the fastest-growing market for metal powder and is projected to grow at the highest CAGR of 5.01% during the forecast period. North America accounted for the largest market, with a share of 40.4% in 2014. The global market for metal powder is projected to grow at a CAGR of 3.80% from 2015 to 2020, to reach USD 4,062.2 Million by 2020.

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Companies such as Sandvik AB (Sweden), Carpenter Technology Corporation (U.S.), Hoganas AB (Sweden), GKN Plc. (U.K.), Rio Tinto (U.K.), and Allegheny Technologies Incorporated (U.S.) are some of the prominent companies in the metal powder market.

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Issued By MarketsandMarkets
Phone 1-888-600-6441
Business Address Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430
Northbrook, IL 60062 USA
Country United States
Categories Business
Tags metal powder , metal powder market , metal powder market growth , metal powder market insights , metal powder market players , metals
Last Updated January 31, 2020