Metal Powder Market Analysis Report 2021-2026: Industry Share, Size, Business Growth and Forecast
Metal Powder Market Analysis Report 2021-2026: Industry Share, Size, Business Growth and Forecast
Published by IMARC Services Private Limited
Posted on September 9, 2021
According to the latest report by IMARC Group, titled” Global Metal Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global metal powder market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global metal powder market to grow at a CAGR of around 5% during 2021-2026.
The powder has a high surface area to mass ratio and is manufactured by using numerous industrial processes, such as atomization and chemical, electrolysis, and solid-state reduction. Some of the common product variants include iron, molybdenum, nickel, aluminum, gold, silver, platinum, lead, and copper. Metal powder offers numerous benefits, such as reduced manufacturing time, enhanced cost efficiency, high volume capability, minimal wastage, and improved recyclability, etc. As a result, it finds extensive applications across diverse industrial verticals, including automotive, healthcare, defense, aerospace, construction, electronics, manufacturing,metalworking, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
A significant rise in the demand for lightweight automobile components, along with the growing adoption of green manufacturing technologies, is creating a positive outlook for the global metal powder market. Furthermore, the widespread utilization of metal powder for additive manufacturing and metal injection molding is also bolstering the market growth. Additionally, the expanding applications of metal powder in the medical sector for manufacturing osteoporosis pen rachet, intestinal stapler gear system, kidney dialysis spring seat, etc., are anticipated to further drive the global market in the coming years.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us: IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled” Global Metal Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global metal powder market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global metal powder market to grow at a CAGR of around 5% during 2021-2026.
The powder has a high surface area to mass ratio and is manufactured by using numerous industrial processes, such as atomization and chemical, electrolysis, and solid-state reduction. Some of the common product variants include iron, molybdenum, nickel, aluminum, gold, silver, platinum, lead, and copper. Metal powder offers numerous benefits, such as reduced manufacturing time, enhanced cost efficiency, high volume capability, minimal wastage, and improved recyclability, etc. As a result, it finds extensive applications across diverse industrial verticals, including automotive, healthcare, defense, aerospace, construction, electronics, manufacturing,metalworking, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
A significant rise in the demand for lightweight automobile components, along with the growing adoption of green manufacturing technologies, is creating a positive outlook for the global metal powder market. Furthermore, the widespread utilization of metal powder for additive manufacturing and metal injection molding is also bolstering the market growth. Additionally, the expanding applications of metal powder in the medical sector for manufacturing osteoporosis pen rachet, intestinal stapler gear system, kidney dialysis spring seat, etc., are anticipated to further drive the global market in the coming years.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us: IMARC Group 30 N Gould St, Ste R Sheridan, WY (Wyoming) 82801 USA Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800