The Metal Powder Market Size is projected to reach USD 6.96 billion by 2022, with a compound annual growth rate (CAGR) of 7.1%. Furthermore, it is expected to grow to USD 12.05 billion by 2030 within the forecast period of 2023-2030.

Market Dynamics: The developing interest from end-client businesses and headways in the metal powder area are speeding up the business' turn of events. The developing meaning of powder metallurgy has made way for the epic creation of metal powders, for the most part iron and steel, firmly followed by aluminum, copper, and nickel. The expanded makers' attention on transforming metal powders into valuable pieces of designing is supporting the metal powder market development. Similarly as with metal powders it is nearly more straightforward to get the necessary shapes from solid metals, that in any case is difficult to deliver, the deals of metal powders is probably going to increment over the gauge time frame, supporting the general business development.

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Market Segmentation:

By Raw Material:

• Virgin PET
• Recycled PET

By Type

• Ferrous
• Non-ferrous
• Others

 By Application

• Transportation & logistics
• Industrial
• Construction
• Electrical & electronics
• Others

By Production Method

• Physical
• Chemical
• Mechanical

By Compaction Technique

• Cold Compaction
• Hot Compaction

By Metal

• Scrap/Recycled metals
• Ore/Pure metal

By End Users

• Aerospace
• Aviation
• Energy
• Medicine
• Other

Key Players:

Some of the prominent players operating in the global metal powder market are Sandvik AB, Carpenter Technology Corporation, Hoganas AB, GKN Plc., Rio Tinto, Allegheny Technologies Incorporated, American Chemet Corporation, Carl Schlenk AG, Hitachi Chemical Co., Ltd, and Metaldyne performance Group  Inc.

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