Powder Metallurgy Part Market
Powder Metallurgy Part Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Powder Metallurgy Part Market Size and Growth
The Powder Metallurgy Parts market is projected to reach approximately $7 billion by 2026, driven by growing demand in automotive and aerospace applications. Current market conditions indicate a shift towards lightweight, high-performance materials, fostering innovations. Increased focus on sustainability and recycling further enhances market growth prospects, shaping a competitive landscape.
Companies Covered
(Covid 19 Impact Covered)
◍ GKN
◍ AAM
◍ Fine Sinter
◍ Sumitomo Electric Industries
◍ PMG Holding
◍ Hitachi Chemical
◍ AMETEK Specialty Metal Products
◍ Porite
◍ Miba AG
◍ Hoganas AB
◍ Dongmu
◍ Allegheny Technologies Incorporated
The Powder Metallurgy Part Market features companies like GKN, AAM, and Hoganas AB that utilize advanced manufacturing processes to produce high-performance components. Their innovations drive market growth through efficient production and diverse applications. Notable revenue highlights include GKN’s sales over $10 billion and AAM's $4 billion, contributing to industry expansion.
◍ Shanghai Automotive Powder Metallurgy
◍ Diamet
◍ Burgess-Norton
◍ Weida
◍ Carpenter Technology
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Market Segmentation
By Application
Automotive
Aerospace
Medical
Industrial
Electrical & Electronics
Others
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By Product
Ferrous Metals
Non-ferrous Metals
Others
Market Growth
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$ X Billion USD
