TechNavio recognizes the following companies as the key players in the Global Powder Metallurgy Market: GKN plc, HöganäsAB, H.C. Starck GmbH. and Metaldyne LLC
Commenting on the report, an analyst from TechNavio’s team said: “There is an increasing commercialization of technologies such as metal injection molding, rapid solidification, and powder metallurgy forging. The commercialization of these technologies provides end-users with a broad range of products, and thereby increases the application of these products in different industries. The use of these technologies is also reducing metal waste when compared with traditional metallurgy processes such as casting, drawing, and forging. Thus, the commercialization of technologies is expected to increase the sales potential of the Global Powder Metallurgy market during the forecast period.”
According to the report, one of the key drivers is the increasing demand from the Automotive industry. The Automotive industry is the major end-user of powder metal-based end products. The worldwide growth in the Automotive industry has increased the demand for powder metal-based parts and components, which are key components used in vehicles.
Further, the report states that the increasing vendor competition is a major challenge faced by the global market. The Global Powder Metallurgy market is highly fragmented with the presence of numerous large and small vendors. Also, low-cost vendors from developing countries, such as India and Brazil, are expanding their market overseas.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Allegheny Technologies Inc., Bohler-Uddeholm AG, Carpenter Technology Corp., Federal Mogul In., Fine Sinter Co. Ltd., Hitachi Powdered Metals Co. Ltd., Sandvik AB, and SMC Powder Metallurgy Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-powder-metallurgy-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Powder Metallurgy Market 2012-2016
