Global Metal Powder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Ferrous Metal Powder and Non-Ferrous Metal Powder.

By Production Method;

Chemical Method and Mechanical Method.

By End-User Industry;

Automotive, Manufacturing, Medical, Electricals & Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn109070278 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Metal Powder Market (USD Million), 2021 - 2031

In the year 2024, the Global Metal Powder Market was valued at USD 7,837.65 million. The size of this market is expected to increase to USD 12,421.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The Global Metal Powder Market serves as a cornerstone for various industries, providing essential materials integral to the production of diverse products and components. Metal powders, derived through processes such as atomization, chemical reduction, and mechanical alloying, offer versatility, durability, and superior performance characteristics, making them indispensable in numerous applications across sectors.

This dynamic market encompasses a wide range of metals, including but not limited to iron, aluminum, titanium, nickel, copper, and stainless steel. Each metal powder variant possesses unique properties and is tailored to suit specific manufacturing requirements, whether it be for additive manufacturing, powder metallurgy, surface coating, or chemical applications.

Driven by advancements in manufacturing technologies and increasing demand from key industries such as automotive, aerospace, healthcare, electronics, and construction, the global metal powder market continues to witness robust growth. The burgeoning adoption of metal additive manufacturing, also known as 3D printing, has further propelled market expansion, offering unparalleled design freedom and manufacturing flexibility.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Production Method
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Metal Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for metal powders in additive manufacturing (3D printing) applications
        2. Growing adoption of metal powders in automotive lightweighting initiatives
        3. Rising demand for metal powders in aerospace and defense industries
        4. Expansion of industrial manufacturing activities across emerging economies
        5. Surge in demand for medical implants and devices
      2. Restraints
        1. Challenges associated with recycling and disposal of metal powder waste
        2. Limited availability of skilled labor and expertise in metal powder production techniques
        3. Energy-intensive nature of metal powder production processes
        4. Dependence on traditional manufacturing methods limiting the adoption of metal powders
      3. Opportunities
        1. Integration of metal powders in hybrid and electric vehicle components
        2. Development of advanced metal powder formulations for specialized industrial applications
        3. Strategic partnerships and collaborations for research and development
        4. Growth of metal powder recycling and sustainability initiatives
        5. Focus on product differentiation and value-added services to cater to diverse customer needs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Metal Powder Market, By Material, 2021 - 2031 (USD Million)
      1. Ferrous Metal Powder
      2. Non-Ferrous Metal Powder
    2. Global Metal Powder Market, By Production Method, 2021 - 2031 (USD Million)
      1. Chemical Method
      2. Mechanical Method
    3. Global Metal Powder Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Manufacturing
      3. Medical
      4. Electricals & Electronics
      5. Others
    4. Global Metal Powder Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Advanced Technology & Materials Co., Ltd.
      2. Alcoa Inc.
      3. Allegheny Technologies Incorporated
      4. AMETEK Inc.
      5. ATI Powder Metals
      6. Aubert & Duval
      7. Australian Metal Powders Supplies Pty Ltd.
      8. BASF SE
      9. Carpenter Additive
      10. CNPC Powder North America Inc.
      11. GKN PLC
      12. Hitachi Chemicals Co. Ltd.
      13. Hoganas AB
      14. Polema
      15. Praxair Surface Technologies Inc.
      16. Rio Tinto Plc
      17. Royal Metal Powders
      18. Sandvik AB
      19. Showa Denko Materials Co., Ltd.
      20. Tekna Holding AS
  7. Analyst Views
  8. Future Outlook of the Market