Market Snapshot:
Sintering is also called ‘frittage' is the process of forming a solid mass of material through heat and pressure without melting to the point of liquefaction.This process involves the atoms in materials diffusing across the particle boundaries and fusing together into one piece. Sintering occurs naturally in mineral deposits and is used as a manufacturing process for materials including ceramics, metals and plastics.Sintering is used to make reliable and high-performance shape such as ceramics medical implants etc
Highlights from Sintering- Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The key Vendors profiled in the report are Hitachi Ltd. (Japan), Sumitomo Corporation (Japan), ASCO Sintering Co. (United States), AMES Companies, Inc (United States), Miba Sinter Group (Austria), MIM Industries (India)), Metal Powder Products (MPP) (United States), AMETEK Specialty Metal Products (India), Stackpole International (Canada), Sintavia (United States), Catalus Corporation (United States), Smith Metal Products (United States), Carpenter Technology Corporation (United States), GKN Sinter Metals (India), Advanced Powder Products (United States), Capstan Atlantic (United States), Steward Advanced Materials, Optomec (New Mexico), Saturn Industries (India), Alloy Engineering Company (Texas) and Praxair Surface Technologies (United States). Additionally, other players that are part of this comprehensive study are Starck GmbH (Germany), ASCO Sintering Co. (California), AMES Companies Inc. (United States), Miba Sinter Group. (United States), PSM Industries, Inc. (United States) and ASCO Sintering Co. (United States).
Geographic Breakdown and Segment Analysis
The Global Sintering- market presents a comprehensive analysis of the Sintering- market by product type (Powdered Metal, Metal Oxides, Metal Injection Molded Parts, Ceramics, Polymers and Others), by end-user/application (Automotive Parts, Aerospace Components, Medical Devices, Electronics Components, Industrial Tools, Construction Materials and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Sintering- industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Sintering- market
Analyst at AMA have segmented the market study of Global Sintering- market by Type, Application and Region.
Influencing Trend:
Increasing Adoption of additive manufacturing and Growing demand of Lightweight materials
Market Growth Drivers:
Increasing demand of Manufacturing Industry and Increasing Demand metal alloy
Challenges:
challenging to cosinter ceramics with polymers and nanoparticles due to incompatibilities at high temperatures and Sintering operations may be impacted by regulatory pressure to cut carbon emissions and energy use
Restraints:
Sintering technology and equipment up fort high expenses and High Cost of Raw Material
Opportunities:
The increasing focus on renewable energy sources such as wind energy and solar power and 3D Printing for sintered part allow the highly production market
Market Developments Activities:
In December 2022,EPTAM Precision Solutions, has acquired a new sintering furnace to support its move into Metal Injection Moulding and metal Binder Jetting technology.
In December 2022,Metso Outotec is launching Optimus Sinter, a digital optimizer for iron ore sintering plants. The new tool facilitates improved sinter plant process performance and stability by holistically optimizing the overall sintering processes.
The global Sintering market is highly competitive. These players are highly striving to gain a competitive edge these players focus on research and development.
Key Target Audience
Manufacturing, Providers, Suppliers, Research and Development and Others