Metal Powder Market Is Propelled By Metal Injection Molding And Additive Manufacturing
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Iron metal powder produced by the Metal Powder Market is a metal in the form of powder. It is a finely divided solid. The metallic powder has many applications.
It include dental restorations, electrical contacts, oil less bearings,. It can also be used in rocket fuels and printing inks.
The metal powder production in the Metal Powder Market is big due to the significance of powder metallurgy.
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It can be done by gas atomization or grinding. Metal powders which are used include iron, steel, copper, aluminum, tungsten, nickel.
Browse 124 Pages of Recent Research report on Global Metal Powder Market by Manufacturers, Regions, Type and Application, Forecast to 2021 @ www.marketintelreports.com/report/…forecast-to-2021
Scope & Regional Forecast of the Metal Powder Market
The Metal Powder Market depends on the increase in population, changing lifestyles, and consumer awareness. The disposable income of the customers has increased.
These factors will drive the growth of the powder metallurgy materials.
Growing demand for powder metallurgy in countries like China will drive the growth of the Metal Powder Market. India, Brazil and Southeast Asia Countries will see a change in the consumer preferences.
Europe and North America will show a decent growth due to the high disposable income of the consumers.
The rising investments renewable energy and increase in the number of solar panels will drive the Metal Powder Market. Metal injection molding and hot isostatic pressing will further augment the growth of powder metal technology.
The powder metallurgy applications will be the key factor for the market.
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Segmentations & Key Players Involved in the Metal Powder Market
The Metal Powder Market can be broken down into various segmentations on the basis of –
- Type- Iron and Steel, Aluminum, Copper, Nickel, and Others.
- Application- Consumer Goods, Electronic, and Others.
- Region- North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), and Latin America, Middle and Africa.
Some of the key players involved in the Metal Powder Market are as follows:
- GKN Hoeganaes
- Laiwu Iron & Steel
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