Powder Metallurgy: Technologies and Global Markets

October 22, 2012

Wellesley, Mass. – According to a new technical market research report, POWDER METALLURGY: TECHNOLOGIES AND GLOBAL MARKETS (AVM007K) from BCC Research (www.bccresearch.com), the global market for powder-metal shipments recovered to prerecession levels to 1.1 billion pounds with a value of $6.7 billion in 2011 and grew to nearly 1.2 billion pounds ($6.7 billion) in 2012.  Total market value for powder shipments are expected to reach 1.4 billion pounds (at a value of nearly $8.6 billion) by 2017 with a compound annual growth rate of 3.9% in volume terms and 5.2% in value.

The global market for powder-metallurgy can be separated by powder shipments and parts and components shipments.

Shipments of powder metal-based parts and components are expected to grow from 2 billion pounds (valued at nearly $14 billion) in 2011 to nearly 2.1 billion pounds ($14 billion) in 2012 and 2.5 billion pounds ($17.9 billion) in 2017. 

Powder metallurgy (PM) is a cost-effective process for forming metal parts by heating compacted metal powders to just below their melting points. PM production methods can be used to fabricate large numbers of parts with complex shapes that meet demanding specifications. Unlike conventional machining, PM creates very little scrap or waste.

Most parts produced by PM are small, but they are strategically important to the auto, aircraft, hardware, instrumentation, oil and gas well-drilling equipment, and off-road tractor industries. A typical automobile, for example, contains more than 40 pounds of PM parts. Aircraft engine turbines, riding lawn mowers, power tools, and surgical instruments depend on the PM process for their formation and strength.

This report will help its readers:

• Gain a comprehensive analysis of the powder metallurgy shipment market
• Identify the powder metallurgy processes and end market applications
• Measure market size while identifying market drivers
• Assess the market for shipments of individual powders and parts

BCC Research interviewed approximately 125 companies to obtain data for this study. Among the people interviewed were chemists, process equipment specialists, marketing executives, operations personnel, and users of various powder metal parts. Participants included representatives of the automotive industry, tooling companies, and industrial buyers. Additional data were obtained from government publications, trade associations, industry and financial sources, and an exhaustive review of technical literature. 

Powder Metallurgy: Technologies and Global Markets( AVM007K )
Publish Date: Oct 2012    

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