Market Overview:
The global stainless steel powder for powder metallurgy market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for stainless steel powders from the construction, automobile, and other industries. In terms of type, the austenitic grade segment is expected to lead the global stainless steel powder for powder metallurgy market during the forecast period. This can be attributed to its high corrosion resistance and ductility properties.
Product Definition:
A stainless steel powder is a metal alloy that is made up of at least 10% chromium. The addition of chromium to the alloy helps to protect it from corrosion and makes it resistant to staining. Stainless steel powder can be used in a variety of applications, including: automotive parts, medical implants, hardware, and cookware.
Austenitic Grade:
Austenitic grade is a type of stainless steel with carbon and iron content below the recrystallization temperature. It has a low yield strength but good toughness and corrosion resistance due to its lower carbon levels. Austenitic stainless steel finds applications in food packaging, chemical processing equipment, automotive components, medical devices & equipment owing to its excellent anti-corrosion performance along with high strength properties as compared to ferritic or martensitic grades.
Martensitic Grade:
The Martensitic grade is a type of steel that has been heat treated and cold worked. It contains about 15% carbon and 0.1% to 2% manganese, depending on the requirements of the end product.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The rising population across the world has resulted in an increased demand for residential and commercial buildings, which has further propelled demand from the construction industry. This trend is projected to continue over the next few years, thereby benefitting product manufacturers.
Automobile manufacturing is another key application segment that will benefit from this growth trend as it offers various advantages including cost reduction, weight reduction and improved surface finish when compared with traditional methods of metal casting such as sand Casting or lost-wax casting. In addition, stainless steel powders can be used to produce complex shapes required by automotive components such as air guides & ducts or engine covers at low costs when compared with machining processes used for these purposes currently.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries, such as construction, automotive, others. China is one of the largest producers and consumers of stainless steel powder globally.
The construction industry in Asia Pacific has witnessed significant growth over the past few years on account increasing population which requires basic infrastructure facilities such as hospitals, schools etc., thereby driving demand from various application sectors including residential buildings and non-residential buildings like factories & industrial complexes.
Growth Factors:
- Increasing demand from the automotive and aerospace industries due to the superior properties of stainless steel powder over traditional manufacturing methods.
- Growing popularity of additive manufacturing or 3D printing, which is enabling new applications for stainless steel powder in a variety of industries.
- Rising demand for lightweight and corrosion-resistant materials in consumer electronics and other portable devices.
- Technological advancements that are making it easier to produce high-quality stainless steel powders with consistent properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Powder for Powder Metallurgy Market Research Report
By Type
Austenitic Grade, Martensitic Grade, Ferritic Grade
By Application
Construction, Automobile Industry, Others
By Companies
Höganäs, Sandvik, Daido Steel, AMETEK, Yitong New Material, GKN Powder Metallurgy, CNPC Powder Material, VDM Metals, Sakuma Special Steel Co., Ltd, Haining Feida, Höganäs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Powder for Powder Metallurgy Market Report Segments:
The global Stainless Steel Powder for Powder Metallurgy market is segmented on the basis of:
Types
Austenitic Grade, Martensitic Grade, Ferritic Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automobile Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Höganäs
- Sandvik
- Daido Steel
- AMETEK
- Yitong New Material
- GKN Powder Metallurgy
- CNPC Powder Material
- VDM Metals
- Sakuma Special Steel Co., Ltd
- Haining Feida
- Höganäs
Highlights of The Stainless Steel Powder for Powder Metallurgy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Austenitic Grade
- Martensitic Grade
- Ferritic Grade
- By Application:
- Construction
- Automobile Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stainless Steel Powder for Powder Metallurgy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stainless steel powder is used in powder metallurgy to create stainless steels. It is made from a combination of iron and carbon, which are heated until they liquefy. The liquid metal then cools and solidifies into small particles that can be used to create stainless steel products.
Some of the major players in the stainless steel powder for powder metallurgy market are H¶gan¤s, Sandvik, Daido Steel, AMETEK, Yitong New Material, GKN Powder Metallurgy, CNPC Powder Material, VDM Metals, Sakuma Special Steel Co., Ltd, Haining Feida, H¶gan¤s.
The stainless steel powder for powder metallurgy market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stainless Steel Powder for Powder Metallurgy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stainless Steel Powder for Powder Metallurgy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Powder for Powder Metallurgy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stainless Steel Powder for Powder Metallurgy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stainless Steel Powder for Powder Metallurgy Market Size & Forecast, 2018-2028
4.5.1 Stainless Steel Powder for Powder Metallurgy Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Powder for Powder Metallurgy Market Absolute $ Opportunity
Chapter 5 Global Stainless Steel Powder for Powder Metallurgy Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
5.2.1 Austenitic Grade
5.2.2 Martensitic Grade
5.2.3 Ferritic Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stainless Steel Powder for Powder Metallurgy Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automobile Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Powder for Powder Metallurgy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Stainless Steel Powder for Powder Metallurgy Analysis and Forecast
9.1 Introduction
9.2 North America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
9.6.1 Austenitic Grade
9.6.2 Martensitic Grade
9.6.3 Ferritic Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automobile Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Stainless Steel Powder for Powder Metallurgy Analysis and Forecast
10.1 Introduction
10.2 Europe Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
10.6.1 Austenitic Grade
10.6.2 Martensitic Grade
10.6.3 Ferritic Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automobile Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Stainless Steel Powder for Powder Metallurgy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
11.6.1 Austenitic Grade
11.6.2 Martensitic Grade
11.6.3 Ferritic Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automobile Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Stainless Steel Powder for Powder Metallurgy Analysis and Forecast
12.1 Introduction
12.2 Latin America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
12.6.1 Austenitic Grade
12.6.2 Martensitic Grade
12.6.3 Ferritic Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automobile Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Stainless Steel Powder for Powder Metallurgy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Type
13.6.1 Austenitic Grade
13.6.2 Martensitic Grade
13.6.3 Ferritic Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Stainless Steel Powder for Powder Metallurgy Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automobile Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stainless Steel Powder for Powder Metallurgy Market: Competitive Dashboard
14.2 Global Stainless Steel Powder for Powder Metallurgy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Höganäs
14.3.2 Sandvik
14.3.3 Daido Steel
14.3.4 AMETEK
14.3.5 Yitong New Material
14.3.6 GKN Powder Metallurgy
14.3.7 CNPC Powder Material
14.3.8 VDM Metals
14.3.9 Sakuma Special Steel Co., Ltd
14.3.10 Haining Feida
14.3.11 Höganäs
