Powder Metallurgy: Technologies and Global Markets

November 11, 2010

Wellesley, Mass. – According to a new technical market research report, POWDER METALLURGY: TECHNOLOGIES AND GLOBAL MARKETS (AVM007J) from BCC Research (www.bccresearch.com), the global value of metal powders made into parts was $4.7 billion in 2010, but is expected to increase to nearly $6.6 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 6.8%.

The global value of parts made from those metal powders is also projected to increase at a CAGR of 6.8% to nearly $14 billion in 2015, after being valued at $10 billion in 2010.

Powder metallurgy (PM) is a mature business whose major customer is and has been the automotive industry. Over the past 3 years, the powder metal industry has been severely limited by the global financial crisis and the ensuing recession. The automobile industry, in particular, has suffered declining sales and consequently production volume. This, in turn, has had a negative impact on the sales of powder metals and parts made from them.

In this study, however, BCC Research sees some positive signs for the powder metallurgy industry. We see small but positive growth resuming in 2010 as the automotive industry begins its recovery.

PM eventually could become an industry with saturated markets and grow largely by acquisition or increasing market share. But PM technology is still evolving, and the industry has adapted particulates (or powders and materials that are not made solely of metals). Products are changing, too, and PM can be adapted or modified to meet their demands. PM can expand and resume growth, which is an important reason to do this study.

This study includes companies who manufacture powder metal and other related materials used in the process, 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.

Powder Metallurgy: Technologies and Global Markets( AVM007J )
Publish Date: Sep 2010    

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