Global Sintered Steel Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Steel Type;

Tool Steel, Stainless Steel, Carbon Steel, and Alloy Steel.

By Process;

Conventional Manufacturing, Metal Injection Molding (MIM), Additive Manufacturing (AM), and Powder Forged Manufacturing.

By Application;

Engines, Transmissions, Bodies, Chassis, Drivetrains, Electrical Appliances, and Others.

By End-Use Sector;

Transportation, Industrial, Electrical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn322065946 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Sintered Steel Market (USD Million), 2021 - 2031

In the year 2024, the Global Sintered Steel Market was valued at USD 28,314.04 million. The size of this market is expected to increase to USD 36,760.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global sintered steel market stands at the forefront of industrial innovation, poised to reshape the landscape of various sectors. Sintered steel, a material forged through the process of compacting and forming metal powders under heat and pressure, boasts unparalleled strength, durability, and versatility. With applications ranging from automotive components to industrial machinery and consumer electronics, the market's expansion reflects a burgeoning demand for high-performance materials across diverse industries.

Advancements in manufacturing technologies have propelled the sintered steel market to unprecedented heights. The integration of additive manufacturing, coupled with meticulous powder metallurgy techniques, has enabled the production of complex geometries and customized components with exceptional precision and efficiency. As industries prioritize lightweight solutions without compromising on strength, sintered steel emerges as a frontrunner, offering superior mechanical properties while reducing material waste and production costs.

The market's growth trajectory is further accelerated by increasing environmental consciousness and regulatory pressures. Sintered steel's recyclability and sustainability attributes resonate with manufacturers seeking eco-friendly alternatives, driving adoption across various applications. As stakeholders embrace the potential for enhanced performance and environmental stewardship, the global sintered steel market stands poised for continued expansion, promising innovative solutions to meet the evolving needs of modern industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Steel Type
    2. Market Snapshot, By Process
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use Sector
    5. Market Snapshot, By Region
  4. Global Sintered Steel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Demand
        2. Industrial Growth
        3. Lightweighting Trends
      2. Restraints
        1. High Initial Investment
        2. Material Cost Fluctuations
        3. Supply Chain Disruptions
        4. Competition from Alternatives
      3. Opportunities
        1. Customization Demands
        2. Sustainability Focus
        3. Additive Manufacturing Growth
        4. Product Innovation
    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 Sintered Steel Market, By Steel Type, 2021 - 2031 (USD Million)
      1. Tool Steel
      2. Stainless Steel
      3. Carbon Steel
      4. Alloy Steel
    2. Global Sintered Steel Market, By Process, 2021 - 2031 (USD Million)
      1. Conventional Manufacturing
      2. Metal Injection Molding (MIM)
      3. Additive Manufacturing (AM)
      4. Powder Forged Manufacturing
    3. Global Sintered Steel Market, By Application, 2021 - 2031 (USD Million)
      1. Engines
      2. Transmissions
      3. Bodies
      4. Chassis
      5. Drivetrains
      6. Electrical Appliances
      7. Others
    4. Global Sintered Steel Market, By End-Use Sector, 2021 - 2031 (USD Million)

      1. Transportation

      2. Industrial

      3. Electrical

      4. Others

    5. Global Sintered Steel 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. Sumitomo Electric Industries Limited
      2. GKN PLC
      3. Samvardhana Motherson Group
      4. Hitachi Chemical
      5. The Miba Group
      6. ASCO Sintering Co.
      7. Schunk Sinter Metals
      8. AMES Sintered Metallic Components
      9. Sintercom India Limited
      10. SMC Corporation
      11. Capstan Inc.
      12. Federal-Mogul Goetze (India) Limited
      13. SSI Sintered Specialties
      14. Fine Sinter Co. Ltd.
      15. Technymon Global Bearing Technologies
      16. Sintex Rethinking Components
      17. Pacific Sintered Metals
      18. Mfs-Sintering
      19. Atlas Pressed Metals
      20. Allied Sinterings, Inc.
      21. Alpha Precision Group
      22. Coldwater Sintered Metal Products
      23. Phoenix Sintered Metals LLC
      24. Callo Sintermetall AB
      25. Precision Sintered Metals
  7. Analyst Views
  8. Future Outlook of the Market