Growth of Powder Metallurgy Market to be Supported by Thriving Automobile Industry

Growth of Powder Metallurgy Market to be Supported by Thriving Automobile Industry

  • Submitted By: john55364
  • Date Submitted: 04/23/2015 10:24 PM
  • Category: Business
  • Words: 2136
  • Page: 9
  • Views: 1

Transparency Market
Powder Metallurgy Market for Automotive, Electrical and Electronics, Industrial and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020

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90 Page Report

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Global Powder Metallurgy Market is Expected to Reach USD 8.7
Billion by 2020
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Powder Metallurgy Market


Transparency Market Research has released a new market report, According to the report, the global powder
metallurgy market was valued at USD 6.06 billion in 2013 and is likely to reach USD 8.7 billion by 2020,
expanding at a CAGR of 5.4% from 2014 to 2020. In terms of volume, demand for powder metallurgy stood at
1,084.1 kilo tons in 2013.
Powder metallurgy is used to process powdered feedstock in order to manufacture various types of
components Powder metallurgy technology is employed widely in various industries for numerous applications.
Global demand for powder metallurgy is primarily driven by growth in the automotive industry, subsequent
increase in demand for powder metallurgy components, and cost effectiveness of the powder metallurgy
technology. These factors are expected to remain the major driving forces for the powder metallurgy market in
the near future. Limitations pertaining to size and weight of finished parts produced through powder metallurgy
are anticipated to offer key challenges for market participants.
Browse the full Powder Metallurgy Market report at
Ferrous powders was the predominant segment in the powder metallurgy market, accounting for over 80% of
global demand in 2013. Demand for components manufactured using ferrous powders is...

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