The report of global powder metallurgy market, By Material (Non-Ferrous, Ferrous and Others) Applications (Electrical and Electronics, Business Machines, Automotive, Aerospace and Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ X.98 Bn by 2027, at a CAGR of X.9% during a forecast period.
End-User segment is expected to grow at the highest CAGR of XX% during the forecast period.
Non-ferrous segment is rapidly acquiring the market as, technological advances in electronic and computer components are increasing will grow the demand for powders of non-ferrous metals such as titanium and aluminum metals during the forecast period.
The Asia Pacific region dominated the Powder Metallurgy Market in 2019.
Regionally, Asia Pacific is expected to show lucrative growth during the forecast period. Developing technology and evolution increase in disposable income of middle-class population, the demand for electronic products is projected to grow in China. Various major key players are showing their interest in Powder metallurgy market which is expected to boost the market growth during the forecast period with expected CAGR of 3%.
Major Key vendor’s operative in the global Powder Metallurgy market are, SHW AG, SMC Powder Metallurgy, Sumitomo Electric Company Ltd, Hitachi Chemical Company Ltd,H.C. Starck, Schunk Group, Fine Sinter Company Ltd, Melrose Industries PLC, GKN Hoeganaes, FORECAST 3D, AMES and Miba AG
Maximize Market Research, a global market research with a dedicated team of specialists and, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Powder Metallurgy Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Powder Metallurgy Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive Research report and in-depth TOC on “Global Powder Metallurgy Market”
https://www.maximizemarketresearch.com/market-report/global-powder-metallurgy-market/55292/
Contact:
MAXIMIZE MARKET RESEARCH INSTITUTESPVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908