The Metal Powder Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Metal Powder Market?
The market size of the metal powder industry has seen significant growth over the years. The market value was $7.57 billion in 2024 and is projected to reach $8.12 billion in 2025, rising at a compound annual growth rate (CAGR) of 7.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Metal Powder Industry?
The Metal Powder Global Market Report 2025 projects the size of the metal powder market to rise to $10.98 billion by the year 2029. The forecasted compound annual growth rate (CAGR) of the market is 7.8%.
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What are the Key Growth Drivers Fueling the Metal Powder Market?
The key drivers in the metal powder market are:
• Rapid prototyping applications fueling the metal powder market growth
• Expansion of wearable devices driving the market
• Growth in medical microfluidics contributing to the market expansion
• Increased use of automotive interior components, biodegradable materials and smart packaging solutions stimulating growth
Global Market Segmentation: Identifying Major Metal Powder Industry Segments
The metal powder market covered in this report is segmented –
1) By Type: Ferrous, Non-Ferrous, Other Types
2) By Process: Atomization, Reduction Of Compounds, Electrolysis, Other Processes
3) By Application: Additive Manufacturing, Powder Metallurgy, Metal Injection Molding, Other Applications
4) By End-Use Industry: Transportation, Electrical And Electronics, Medical, Chemical And Metallurgical, Defense, Construction, Other End-User Industries
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What are the Emerging Trends Shaping the Future of the Metal Powder Market?
The key trends in the metal powder market are:
• The future of the metal powder market is being shaped by advancements in material technology.
• Customization and prototyping are emerging as significant trends in the market.
• Sustainability and material recycling practices are influencing the market's direction.
• Technological improvements in mold design and smart packaging solutions also constitute key emerging trends.
Who Are the Top Competitors & Leading Players in the Metal Powder Market?
The major players in the metal powder market are:
• Allegheny Technologies Incorporated
• BASF SE
• Carpenter Technology Corporation
• GKN plc
• Hoganas AB
• Polema Industries Limited
• Rio Tinto Limited
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Regional Dominance: Which Area Leads the Global Metal Powder Market?
Asia-Pacific was the largest region in the metal powders market in 2024
