Atomizing Metal Powder Market is expected to grow at a CAGR of 6.3% during the forecast period and is expected to reach USD 1.49 Bn by 2029.
Atomizing Metal Powder Market Overview:
The goal of this research is to provide an overview of the Atomizing Metal Powder market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Atomizing Metal Powder players, as well as noteworthy industry trends and opportunities.
The analysis also focuses on the Global Atomizing Metal Powder market’s key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Atomizing Metal Powder Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Atomizing Metal Powder Market Size from a global perspective by analyzing historical data and prospects.
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The report also focuses on the leading industry players in the Global Atomizing Metal Powder market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Atomizing metal powder is made by dispersing molten material into particles with a rapidly flowing gas or liquid stream or by mechanical dispersion. There are simple metal atomization powder processes available in which liquid metal is pushed through an aperture at a high enough velocity to assure turbulent flow. Injecting molten metal into a gas can improve atomization efficiency, produce smaller grains, and limit the particle size distribution. Increasing demand for powder metallurgy in the automobile sector, rising demand for atomized metal powders in the metallurgy business, and increased use of powder metallurgy in the automotive industry are all driving market expansion throughout the forecast period. R&D spending is expanding, as are technological breakthroughs and a major increase in automobile and aerospace output.
by the production method
• Gas Atomization
• Liquid Atomization
• Plasma Atomization
• Metallurgy Industry
• Chemical Industry
• Electronic Materials
• Diamond Tools
• Automotive Industry
• 3D Printing
The liquid metal atomisation production method had 45.76% of the market share in 2019 and is predicted to maintain its dominance over the forecast period. Liquid atomized particles are smaller, cleaner, and nonporous, with a wider size range that allows for better compacting. The particles created by this process are typically spherical or pear in form. Although liquid atomization is less expensive than the other processes, it has some limitations, including powder cleanliness, particle shape, and surface oxygen content. The plasma production method comes after the liquid production method. A pre-alloyed wire is heated with plasma torches and melts into droplets that form plasma.
Atomized metal powders are widely utilised in the metallurgy industry for the production of a wide range of products and coating applications. The automobile application segment comes after the metallurgy application sector. The expansion of the automotive sector, combined with the increasing demand for lightweight and high strength components, is predicted to increase the use of atomized metal powders in automotive components such as engines and chassis.
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Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Atomizing Metal Powder market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Atomizing Metal Powder industry.
• Höganäs AB (Sweden)
• Sandvik AB (Sweden)
• Hangzhou Yitong New Material Co., Ltd (China)
• Kobe Steel Ltd (Japan)
• JFE Steel Corporation (Japan)
• Kymera International (US)
• Makin Metal Powders (UK) Ltd (UK)
• GKN Sinter Metals Engineering GmbH (US)
• Mitsui Mining & Smelting Co., Ltd(Japan)
• Laiwu Feilong Powder Metallurgy Co. Ltd
• Pompton S.p.A.
• SAFINA a.s.
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Atomizing Metal Powder market in these regions.
COVID-19 Impact Analysis on Atomizing Metal Powder Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the Atomizing Metal Powder market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Atomizing Metal Powder Market Report are:
- What will be the CAGR of the Atomizing Metal Powder market during the forecast period?
- Which segment emerged as the leading segment in the Atomizing Metal Powder market?
- Which are the prominent players in the Atomizing Metal Powder market?
- What will be the Atomizing Metal Powder market size by 2027?
- Which company held the largest share in the Atomizing Metal Powder market?
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