Powder Metallurgy: Technologies and Global Markets
The global market for powder metallurgy parts and powder shipments was 4.3 billion pounds (valued at $20.7 billion) in 2011 and grew to nearly 4.5 billion pounds ($20.5 billion) in 2012. This market is expected to reach 5.4 billion pounds (a value of nearly $26.5 billion) by 2017.
- An overview of the global powder metallurgy market
- Analyses of global market trends, with data from 2011, estimates for 2012, and projections of compound annual growth rates (CAGRs) through 2017
- Reviews of companies that manufacture powder metal and other related materials used in the process, such as ceramics and nanopowders, special alloys, and metal matrix composites; and companies that make parts and components for automotive products, industrial and tolling equipment, recreation and hobby items, appliances, business machines, and other products
- Discussion of manufacturing capability and consumption by regional markets
- Examinations of industry standards, government and industry support, and other key factors related to the success of powder metallurgy
- Identification of market drivers within the industry
- Evaluations of the quantity and value of various powders and parts shipments in the next five years
- Projections of technological issues, trends, and other influential factors
- Comprehensive company profiles of major players in the industry.
This report analyzes the PM industry on a global basis, including manufacturing capability and consumption by regional markets. It also examines industry standards, government and industry support, and other key factors related to the success of powder metallurgy.
Market drivers within the industry are identified. The quantity and value of various powders and parts shipments is projected from 2011 to 2012, and then over a five-year period from 2012 to 2017. Technological issues and trends are projected and other influential factors are discussed.
The report identifies major manufacturers of powder metal and other related materials, such as ceramics and nanopowders, special alloys and metal matrix composites. It also includes companies that make parts and components for automotive products, industrial and tolling equipment, recreation and hobby items, appliances, business machines and other products.
The author of the BCC report on which this updated edition is based is Robert H. Moran. Mr. Moran has worked as a technology market analyst and technology writer for more than 20 years and is the author of numerous BCC Research reports. He has authored reports covering various deposition technologies, displays, solar energy and solid-state lighting. He earned a B.S. degree in Economics from the University of Pennsylvania.
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston–based international technology and marketing consulting firm 43rd Parallel LLC. Mr. McWilliams is the author or co-author of many other BCC studies, including studies in related fields such as AVM078A New Electronic Materials and Device Technologies: Global Markets; EGY053C Advanced Materials and Devices for Renewable Energy: Global Markets; AVM015F High-Performance Ceramic Coatings: Markets and Technologies; NAN015F Advanced Ceramics and Nanoceramic Powders; AVM028E Global Markets for Friction Products and Materials; and NAN021E Global Markets for Nanocomposites, Nanoparticles, Nanoclays and Nanotubes.
BCC projects that value of powder shipments will resume growth in 2010 at a 3.9% compound annual growth rate (CAGR), from $4.6 billion in 2009 to $4.7 billion in 2010. From 2010 to 2015, this segment will increase at a 6.8% compound annual growth rate (CAGR) to a value of $6.6 billion.
- The part base will grow from a low of nearly $9.7 billion in 2009 to more than $10 billion in 2010. From 2010 to 2015 this segment will increase at a 6.8% compound annual growth rate (CAGR) to reach a value of $13.9 billion in 2015.
- Individual powders and parts will also pick up in 2010. Iron and steel powders will grow at a 3.5% compound annual growth rate (CAGR) and parts made from them will also rise by 3.5%. Through 2015, we expect to see iron and steel powder growth of 5.1% CAGR as the auto and other industries resume higher growth rates.
All powders and materials are expected to reach 2.9 billion pounds for a total value of $5.9 billion by 2011.
The parts produced by the powders and materials are estimated to reach $15.9 billion by 2011.
Shipments of iron and steel powders are increasing gradually; with a projected 4.8% annual growth rate by the end of our forecast period. Sales of aluminum powders will increase. Newer materials will also be used in autos to improve performance and play a role in energy conservation.
Hand tools, appliances, and computer storage devices are all potential applications of this technology, and other compounds made of metal and a nonmetallic element will expand the PM market in the years to come..