About Atomizing Metal Powder
Metal powder produce by four main procedure namely solid-state reduction, atomization, electrolysis and chemical but atomization is most commonly used method. Atomizing Metal Powder is product form by scattering of molten material into particles by rapid moving gas or liquid stream or by mechanical dispersion. This procedure is applicable to all the metals which can melted such as iron, copper, alloy steel, brass, bronze, among others and low melting point metals such as aluminum. Tin, lead, zinc, and cadmium. There are four types of procedure in atomization of metal powder namely gas atomization, air atomization, inert gas atomization, vacuum inert gas atomization. Owing to increasing demand for atomization metal powder in new powder metallurgy technology, Atomizing metal powder market is expected to grow at a significant rate during the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Atomizing Metal Powder Market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sandvik Ab (Sweden), Rio Tinto Metal Powders (Canada), Carpenter Powder Products (Us), Advanced Technology & Materials Co. Ltd (China), Gkn Powder Metallurgy Engineering Gmbh (Us), Jfe Chemical Corporation (Japan), Kobe Steel Ltd (Japan), Kymera International (United States), Hoganos Ab (Sweden) and Pometon Powder (Italy) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Atomizing Metal Powder market by Type (Atomized Iron Powder, Atomized Pre-Alloyed Powder, Atomized Copper Powder, Atomized Nickel Powder, Atomized Tungsten Powder and Atomized Titanium Powder), Application (Metallurgy Industry, Chemicals Industry, Diamond Tool Industry, 3D Printing Industry and Others) and Region.
On the basis of geography, the market of Atomizing Metal Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Process Types, the sub-segment i.e. Gas Atomization will boost the Atomizing Metal Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand Customize Atomizing Metal Powder
Market Growth Drivers:
Increasing Demand for Atomization Metal Powder in New Powder Metallurgy Technology, Growing Demand for Atomization Metal Powder to Improve Wear Resistance and Strength through Heat Treating Process and Increasing Demand of Atomization Metal Powder in Automotive Industry
Challenges:
Complex Shape of Parts
Restraints:
Fluctuation of Raw Material
Opportunities:
Increasing Technical Advancement in Atomizing Metal Powder
Market Leaders and their expansionary development strategies
In April 2022, Metal Technology Co. Ltd acquired Sandvik powder solutions. Metal technology is leading metal processing company from Japan and Sandvik powder solution is a powder metallurgy business provider, manufactures and sells metal powders. This acquisition help metal technology to expand its presence in market.
In May 2021, Rio launched new steel powder for 3D-printing. RTFT developed a range of additional powder grades with advanced property to meet customer needs. This launch help Rio to expand its market presence in atomizing metal powder.
Key Target Audience
Atomized Iron Powder Manufacturers, Raw Material Suppliers, Distributors, Government Bodies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.