Sintered Steel  Market Report 2026

Sintered Steel  Market Overview

• Sintered Steel  market size has reached to $16.92 billion in 2025 • Expected to grow to $20.6 billion in 2030 at a compound annual growth rate (CAGR) of 3.9% • Growth Driver: Construction Industry Surge Drive The Sintered Steel Market Growth • Market Trend: Innovative Advancements In Sintered Steel • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Sintered Steel  Market?

Sintered steel is a type of steel metal that uses heat to fuse the powdered material into a tougher, stronger portion to form complex shapes, produce alloys, or work in metals with extremely high melting points. It is low cost, low material waste, accurate, and requires little or no calibration processes. The main types of sintered steel are stainless steel, carbon steel, alloy steel, and tool steel. Stainless steels are steels containing at least 10.5% chromium, less than 1.2% carbon, and other alloying elements. At high temperatures, sintered stainless steel is being used in systems requiring high corrosion resistance at both ambient and high temperatures. Sintered steels are made by various processes such as metal injection molding (MIM), conventional manufacturing, powder forging manufacturing, and additive manufacturing. Sintered steels are used by end-users that include transportation, industrial, electrical, and others (recreational/hobbies equipment, sports, gun components, hardware, computers, and others. These are also used in engines, transmissions, bodies, chassis, drivetrain, electrical, and other applications (aerospace).

What Is The Sintered Steel  Market Growth Forecast?

The sintered steel  market size is expected to see steady growth in the next few years. It will grow to $20.6 billion in 2030 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to rising demand for lightweight and high-strength sintered components, increasing adoption of additive manufacturing and powder forging, growth in automotive engine and transmission applications, technological advancements in sintering and metal injection molding, expansion of sintered steel use in electrical and industrial sectors. Major trends in the forecast period include rising adoption of powder metallurgy techniques, increasing use of tool and alloy steel components, growth in automotive and industrial engine applications, expansion of high-precision metal injection molding, development of cost-effective sintered steel products.

Global Sintered Steel  Market Segmentation

1) By Type: Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel 2) By Process: Metal Injection Molding (MIM), Conventional Manufacturing, Powder Forging Manufacturing, Additive Manufacturing 3) By Application: Engines, Transmissions, Body, Chassis, Drivetrain, Electrical, Other Applications 4) By End-User Industry: Transportation, Industrial, Electrical, Other End-User Industries Subsegments: 1) By Stainless Steel: Austenitic Stainless Steel, Ferritic Stainless Steel, Martensitic Stainless Steel 2) By Carbon Steel: Low Carbon Steel, Medium Carbon Steel, High Carbon Steel 3) By Alloy Steel: Low-Alloy Steel, High-Alloy Steel 4) By Tool Steel: High-Speed Steel (HSS), Cold Work Tool Steel, Hot Work Tool Steel

What Is The Driver Of The Sintered Steel  Market?

The rapid expansion of the construction industry is expected to propel the growth of the sintered steel market going forward. The construction industry refers to the economic sector involved in the planning, design, development, construction, and maintenance of residential, commercial, and infrastructure projects. Expansion of the construction industry is rising due to sustained increases in public and private investment aimed at supporting urbanization and infrastructure modernization. Sintered steel supports expansion of the construction industry by providing high-strength and corrosion-resistant materials that enhance the durability, safety, and lifespan of construction structures. For instance, in October 2023, according to the US Census Bureau, a United States–headquartered federal statistics agency, construction investment increased to $1,983.5 billion in August 2023, compared to $1,847.3 billion in August 2022, reflecting a 7.4% year-on-year rise. Therefore, the rapid expansion of the construction industry is driving the growth of the sintered steel industry.

Key Players In The Global Sintered Steel  Market

Major companies operating in the sintered steel  market report are CNPC Powders Inc., Hitachi Chemical Co. Ltd., The Miba Group AG, ASCO Sintering Co., Sintercom India Ltd., AMES BARCELONA SINTERING S. A., Schunk Sinter Metals GmbH, Advanced Technology (Bazhou) Special Powder Ltd., Hoganas AB, Sintered Metal Corporation, Mirach Metallurgy Co., SSI Sintered Specialties LLC, Atlas Pressed Metals, Technymon Global Bearing Technologies S. r. l, Federal-Mogul Goetze Limited, Stackpole International Ltd., Tungsten Heavy Powder Inc., Umicore S. A., VAC AERO International Inc., Valtimet Oy

Global Sintered Steel  Market Trends and Insights

Major companies operating in the sintered steel market are focusing on developing innovative processing technologies, such as metal injection moulding, to meet the demand for producing small, intricate metal parts at high volumes. Metal injection moulding is a manufacturing technique that merges plastic injection moulding with powder metallurgy to create small, intricate metal components with high precision and efficiency. For instance, in June 2024, Desktop Metal, a US-based technology company, launched PureSinter Furnace, a high-purity, single-run debinding and sintering system designed for processing metal parts produced through additive manufacturing methods such as bound metal deposition and binder jetting, as well as traditional techniques such as metal injection molding (MIM) and press and sinter. It tackles common sintering contamination issues with a patent-pending design that incorporates hot walls to prevent buildup and ensures an airtight environment for enhanced purity and efficiency. With the ability to reach 1,420°C, it supports various gases such as argon, nitrogen, forming gas, and air and features an advanced cooling system that eliminates the need for water cooling.

What Are Latest Mergers And Acquisitions In The Sintered Steel  Market?

In June 2024, Continuim Equity Partners, an US-based private equity firm, acquired Innovative Sintered Metals, Inc. for an undisclosed amount. The acquisition aims to merge the knowledge and resources of both companies to improve product offerings and generate new opportunities for customers in the powder metallurgy sector. Innovative Sintered Metals, Inc.is a US-based manufacturer company that specializes in powder metallurgy, concentrating on the production of sintered metal components.

Regional Outlook

Asia-Pacific was the largest region in the sintered steel market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the sintered steel  market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sintered steel  market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Sintered Steel  Market?

The sintered steel market consists of sales of copper steel, diffusion alloyed steel, and copper-infiltrated alloys. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Sintered Steel  Market Report 2026?

The sintered steel market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the sintered steel Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?