Sintering is a manufacturing process in which metal alloys in powdered form are molded into unique and complex shapes by subjecting them to high temperatures just below the melting points of the metal alloys being used in the process.
Albany, NY -- (SBWIRE) -- 05/02/2017 -- Sintering is a manufacturing process in which metal alloys in powdered form are molded into unique and complex shapes by subjecting them to high temperatures just below the melting points of the metal alloys being used in the process. Sintering is an important stage in powder metallurgy and is followed by various stages in order to obtain an end product. Due to the superior qualities of sintered components such as abrasion and corrosion resistance and light weight, sintering is being preferred over other traditional methods for manufacturing components required for mechanical purposes.
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Since last few years, sintering is being used for manufacturing important automotive and aerospace components such as transmission gears, axles, etc. which require complex shapes. Technological developments are being made to improve the quality of these sintered components so that they can be used in defense as well. This offers a major opportunity for the manufacturers of sintered components as well the suppliers of raw materials in the coming days. Within Europe, Germany held a major share and is expected to witness growth at a constant pace during the forecast period as well.
Sintering market in Europe is expected to grow at a steady pace in the future due to the wide range of applications in which sintered components are being used. Since the range of application is vast, the possibility of more players getting involved in sintering market is expected to be high. The market however may face obstruction in growth due to the imposition of various regulations by European countries to reduce the harmful effects caused to the environment due to the process of sintering.
Europe Sintering Market: Key Segments
The study provides a comprehensive view of the sintering market by dividing it into materials and geography segments. The material segment includes some types of low grade alloy steel such as pure iron, Fe – Ni Alloys, Fe – Si Alloys, Fe – Co Alloys, 42CrMo4 Steel, and 100Cr6 Steel. These segments have been analyzed based on historic, present, and future trends.
Country wise segmentation includes the current and forecast consumption of sintering in U.K., Germany, Italy, France, Spain, and Rest of Europe. Market segmentation includes demand for consumption in all the countries individually.
Europe Sintering Market: Scope of the Report
The report estimates and forecasts the Europe sintering market. The study provides forecast between 2016 and 2024 based on revenue (US$ Bn / US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the sintering market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the sintering market in Europe. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of sintering and average price trend analysis of Europe.
The report includes Porter's Five Forces Model to determine the degree of competition in the sintering market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness for each country. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for sintered components between 2016 and 2024.
Europe Sintering Market: Research Methodology
Secondary research sources that were typically referred to include, but were not limited to, company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players' product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team's expertise and market understanding.
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The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include GKN plc, Hitachi Ltd., Sumitomo Corporation, H.C.Starck GmbH, Metaldyne Performance Group, LLC. and Others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
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