Metal Powder Market 2019 Analysis by Applications, Production Method, Price, Size, Strategic framework, Compaction Technique & Competitive Landscape Analysis
The research study on “Global Metal Powder Market 2019-2025” provided by “Adroit Market Research” gives an in-depth analysis of the market estimates for the global Metal Powder market size (revenue & volume) and demand forecast for a period between 2015 and 2025
Dallas, Texas – April 30, 2019 /MarketersMedia/ —
One of the major trend in global metal powder market includes rise in focus over metal powders of titanium. Moreover, global markets of metal powder is gaining importance owing to increased attraction of the people for the metal powder of titanium. The main reason behind the rising usage of titanium products are its tensile strength, less adhesion, corrosion resistance and erosion resistance to foreign materials. Progress in the aerospace and automotive industry are responsible for boosting the metal powders market for the manufacturing of additive. This is because of requirement of additives manufactured from metals in industries, because of the beneficial properties like notable tensile strength, error in resistance and resistance in corrosion. Increasing demand for the developed materials like titanium is motivating the metal powders market for the manufacturing of additive. Requirement for parts of machinery of good quality in automobile and aerospace industry has surged the use of additives obtained from the metal powders and this is expected to grow in the coming years.
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Key players operating in the competitive landscape of the global metal powder market include Sandvik, Alcoa, Laiwu Iron & Steel, Carpenter Technology and more.
The global metal powder market size valued at $xx Million in the historical year 2017, is projected to augment to $xx Million registering a CAGR of xx% over the forecast period. The growth of the Metal powder industry is attributed to the growing urbanization, changing lifestyle of customers, preferences & habits, lack of knowledge and economic development that boosts the development of products. Global metal powder market is expected to experience wide growth during the forecast period. Change in the preference and standard of living is the factor that is driving the growth of metal powder market. Moreover, rise in the customer’s awareness is also fueling the growth of metal powder market analysis. Besides, growth in the urbanization is also boosting the growth of global metal powder market. Likewise, rise in the economic development is also propelling the growth of global powder market size. On the other hand expensiveness of powder for the raw materials is the reason that is affecting the growth of metal powder market across the globe
Global metal powder market has been segmented by different production method, application, compaction technique, type, metal form and region. On the basis of production method, market is divided into mechanical, chemical and physical. Based on application, metal powder market is sub-divided into industrial, electrical & electronics, transportation & logistics, construction and more. On considering the compaction technique, market is sub-divided into hot & cold compaction. Based on type, market is sub-divided into non-ferrous, ferrous and more. On considering the metal form, market is divided into pure/ ore metal and recycled/ scrap metals.
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Geographically, the global metal powder market upcoming report has been analyzed for several key regions covering Europe, North America, Asia Pacific and Rest of the World. Asia Pacific is the rapidly growing metal powder market due to the rising awareness of the customers, developments in technology, rise in competition and increased expenditure of the customers.
Few points from Table of Contents
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Metal Powder Market Overview, By Production Method
Chapter 5. Global Metal Powder Market Overview, By Application
Chapter 6. Global Metal Powder Market Overview, By Compaction Technique
Chapter 7. Global Metal Powder Market Overview, By Type
Chapter 8. Global Metal Powder Market Overview, By Region
Chapter 9. Company Profiles
Continued…
Analyst Commentary
Furthermore, metal powders are expected to exhibit reliable powder characteristics in safeguarding repeatable production of the metal parts. As, metal powders used in additives manufacturing are supposed to be lightly spherical and also need to have an element size distribution, intended to enable improved packing activities, so that the final product that is manufactured has got decent mechanical properties and is extremely dense. Some other features expected in the final product will include density, morphology, chemical composition, green strength, surface area, compressibility & sintering ability as well as thermal properties.
Moreover, major feature of powder is the size of particle (granulometry) and shape of particle (morphology). On the other hand, technical properties of the powder includes flowability, surface area, and bulk density, and compressibility, thermal and green strength. Also, the potential areas of their application depend upon these properties, thus there must be a technique available for adequately elucidating these properties at times of repeatable procedures as well as standards.
Metal powder demand in the US was more than 1 billion pounds in 2015 at a growth rate of almost 6% and since then its been increasing. Out of the total demand ferrous metals accounted for more than 60% and nonferrous the remaining 40%.
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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