Powdered Metallurgy Components Market: By Product Type (Bronze, Steel, Iron, Brass, Copper, Aluminum), Application (Aerospace, Airframe, Oil and gas industry, Healthcare) and Geography

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Powdered Metallurgy Components Market size was valued at USD 2.11 billion in 2022 and is expected to grow at a CAGR of 11.4% from 2023-2029. The global market provides a detailed overview of the global powdered metallurgy components market, and that can be segmented by product type and by application. By product type, the global powdered metallurgy components market has been segmented into Bronze, Steel, Iron, Brass, Copper Powder, and Aluminium. The Steel segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years. It is attributed to the low cost of steel and the high availability of steel in the market. Steel has various uses in various industries such as the printing of large products, including machines, car frames, and transport equipment and also it can be used as spare parts and fully functional components. Based on application, the global powdered metallurgy components market is segmented into Aerospace, Airframe, Oil and gas industry, and Healthcare. Among these, the Aerospace segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to precision business insights. The high investments in the aerospace industry and high adoption rate of new technologies are boosting the market growth in this segment at a faster rate. Powder metallurgy components has various applications in the automotive industry such as anti-lock braking systems (abs)  sensor rings, oil pumps, gears, shock absorbers, piston valves, etc. continuously variable transmissions, exhaust gas recirculation systems, turbochargers, exhaust systems flanges, oxygen sensor bosses, chassis components, variable valve timing systems. However, the volatility in the prices of raw materials may hamper the global market growth.

Key Development:

  • In Sept 2022, Boeings Hypersonics Challenge project focuses on PM refractory metal matrix composites.
  • In Aug 2022, Hyperion Materials & Technologies launched new business Precision Solutions by Hyperion which will focus on precision components solutions.    

Global Powdered Metallurgy Components Market Summary

Study Period

2023-29

Base Year

2022

CAGR

11.4%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America
Powdered Metallurgy Components Market Dynamics

Growing healthcare sector and increasing additive manufacturing in the medical, automotive, and aerospace & defense sectors are anticipated to propel the market growth over the forecast years.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Powdered Metallurgy Components Market Segmentation

By Product Type
  • Bronze
  • Steel
  • Iron
  • Brass
  • Copper
  • Aluminum
By Application
  • Aerospace
  • Airframe
  • Oil and gas industry
  • Healthcare

Frequently Asked Questions

The powdered metallurgy components market size was valued at USD 2.11 billion in 2022

The powdered metallurgy components market key players are: Perry Tool & Research, Inc. Comtec Mfg., Inc. Webster-Hoff Corporation Vision Quality Components, Inc. Catalus Corporation Embassy Powdered Metals Powder Metallurgy Company, Inc. Hitachi Chemical Carpenter Technology Fine Sinter

The powdered metallurgy components market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

  1. Executive Summary
  2. Global Powdered Metallurgy Components Market Introduction

2.1. Global  Powdered Metallurgy Components  Market Taxonomy

2.2. Global  Powdered Metallurgy Components  market definitions

2.2.1. Product Type

2.2.2. Application

  1. Global Powdered Metallurgy Components Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global  Powdered Metallurgy Components  Market Dynamic Factors - Impact Analysis

3.6. Global  Powdered Metallurgy Components  Market Competition Landscape

  1. Global Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029

4.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Global Powdered Metallurgy Components Market, By Product Type, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.1. Bronze

5.1.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Steel

5.2.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Iron

5.3.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Brass

5.4.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Copper

5.5.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

5.6. Aluminum

5.6.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.6.3. Market Opportunity Analysis

  1. Global Powdered Metallurgy Components Market Forecast, By Application, 2018 - 2029 and Forecast, 2023 - 2029

6.1. Aerospace

6.1.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Airframe

6.2.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Oil and Gas Industry

6.3.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Healthcare

6.4.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

  1. Global Powdered Metallurgy Components Market Forecast, By Region, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.1. North America

7.1.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Europe

7.2.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Asia-Pacific 7.3.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Latin America

7.4.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Middle East and Africa

7.5.1. Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Global Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application, and Region, 2023 - 2029

  1. North America Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

8.1. Product Type Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Bronze

8.1.2. Steel

8.1.3. Iron

8.1.4. Brass

8.1.5. Copper

8.1.6. Aluminum

8.2. Application Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

8.2.1. Aerospace

8.2.2. Airframe

8.2.3. Oil and gas industry

8.2.4. Healthcare

8.3. Country Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 8.3.1. U.S.

8.3.2. Canada

8.4. North America  Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application and Country, 2023 - 2029

8.5. North America  Powdered Metallurgy Components  Market Dynamics Trends

  1. Europe Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

9.1. Product Type Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Bronze

9.1.2. Steel

9.1.3. Iron

9.1.4. Brass

9.1.5. Copper

9.1.6. Aluminum

9.2. Application Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Aerospace

9.2.2. Airframe

9.2.3. Oil and gas industry

9.2.4. Healthcare

9.3. Country Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) 9.3.1. Germany

9.3.2. UK

9.3.3. France

9.3.4. Spain

9.3.5. Italy

9.3.6. Russia

9.3.7. Rest of Europe

9.4. Europe  Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application and Country, 2023 - 2029

9.5. Europe  Powdered Metallurgy Components  Market Dynamics Trends

  1. Asia-Pacific Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

10.1. Product Type Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Bronze

10.1.2. Steel

10.1.3. Iron

10.1.4. Brass

10.1.5. Copper

10.1.6. Aluminum

10.2. Application Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Aerospace

10.2.2. Airframe

10.2.3. Oil and gas industry

10.2.4. Healthcare

10.3. Country Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.3.1. Japan

10.3.2. China

10.3.3. India

10.3.4. ASEAN 10.3.5. Rest of Asia-Pacific

10.4. Asia-Pacific  Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application and Country, 2023 - 2029

10.5. Asia-Pacific  Powdered Metallurgy Components  Market Dynamics Trends

  1. Latin America Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

11.1. Product Type Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Bronze

11.1.2. Steel

11.1.3. Iron

11.1.4. Brass

11.1.5. Copper

11.1.6. Aluminum

11.2. Application Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Aerospace

11.2.2. Airframe

11.2.3. Oil and gas industry

11.2.4. Healthcare

11.3. Country Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.3.1. Brazil

11.3.2. Mexico

11.3.3. Argentina

11.3.4. Chile

11.3.5. Rest of Latin America

11.4. Latin America  Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application and Country, 2023 - 2029

11.5. Latin America  Powdered Metallurgy Components  Market Dynamics Trends

  1. Middle East and Africa Powdered Metallurgy Components Market Analysis, 2018 - 2029 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000 MT)

12.1. Product Type Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Bronze

12.1.2. Steel

12.1.3. Iron

12.1.4. Brass

12.1.5. Copper

12.1.6. Aluminum

12.2. Application Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Aerospace

12.2.2. Airframe

12.2.3. Oil and gas industry

12.2.4. Healthcare

12.3. Country Analysis 2018 - 2029 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.3.1. South Africa

12.3.2. Gulf Cooperation Council (GCC) Countries

12.3.3. Rest of MEA

12.4. MEA  Powdered Metallurgy Components  Market - Opportunity Analysis Index, By Product Type, Application and Country, 2023 - 2029

12.5. MEA  Powdered Metallurgy Components  Market Dynamics Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

13.2.1. Perry Tool & Research, Inc.

13.2.2. Comtec Mfg., Inc.

13.2.3. Webster-Hoff Corporation

13.2.4. Vision Quality Components, Inc.

13.2.5. Catalus Corporation

13.2.6. Embassy Powdered Metals

13.2.7. Powder Metallurgy Company, Inc.

13.2.8. Hitachi Chemical

13.2.9. Carpenter Technology

13.2.10. Fine Sinter

  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Perry Tool & Research, Inc.
  • Comtec Mfg., Inc.
  • Webster-Hoff Corporation
  • Vision Quality Components, Inc.
  • Catalus Corporation
  • Embassy Powdered Metals
  • Powder Metallurgy Company, Inc.
  • Hitachi Chemical
  • Carpenter Technology
  • Fine Sinter