Global powder metallurgy shipments to reach nearly $10.6 billion by 2019

With much of its market growth from metal powder-based parts used to replace castings, forgings and machined parts, the powder metallurgy (PM) industry has consistently demonstrated that it could meet the demand of manufacturers at a lower cost than other technologies. Indeed the PM technology and products markets are still evolving, and the industry has adopted particulates, including powders and materials not made solely of metals. An improving global economy, rise in automotive, and tooling production, as well as the increasing utilization of metal powder-based parts to replace castings, forgings and machined parts will drive steady growth in this market for at least the next five years.

BCC Research provides an in-depth analysis of the global market for PM powders and shipments through its report, Powder Metallurgy: Technologies and Global Markets. According to the report, this market was valued at nearly $6.9 billion in 2013 and is expected to reach $7.4 billion in 2014. BCC Research projects the market to grow to nearly $10.6 billion by 2019, and register a five-year compound annual growth rate of 7.5% from 2014 to 2019.

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Use this report to:

• Gain an overview of the global powder metallurgy market.
• Analyze global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
• Evaluate manufacturing capability and consumption by regional markets.
• Examine industry standards, government and industry support, and other key factors related to the success of powder metallurgy.
• Assess projections of technological issues, trends, and other influential factors.
• Review company profiles of major players in the industry.

SAMPLE FIGURE

GLOBAL POWDER METALLURGY PARTS AND POWDER SHIPMENTS, THROUGH 2019

(MILLION POUNDS/$ MILLIONS)

 

 

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