Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Metal powder is a metal in the form of powder. It includes most types of metals. It is always added into the manufacturing process of product in order to strengthen it. Metal powder can be used in chemical processes, food supplements and additions, magnetic composites and other application fields.
As for the global metal powder industry, the industry structure is relatively stable. The top three manufacturers have 30.92% revenue market share in 2016. The Sweden giant Hoganas, which has 13.92% market share in 2016, is the leader in the metal powder industry. The manufacturers following Hoganas are Alcoa and Vale, which respectively has 11.25% and 5.75% market share globally.
The global production volume of metal powder products rises up from 1532 k MT in 2012 to 2013 k MT in 2016, with an average annual growth rate of 7%. At the same time, the revenue of world metal powder sales market has a rising from 5378 million dollars to 6454 million dollars from 2012 to 2016. The reason causes this increase is the rising demand for the metal powder products, which is the result of the spurring needs of downstream customers.
The global Metal Powder market was 6730 million US$ in 2018 and is expected to 9180 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.
This report studies the Metal Powder market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Metal Powder in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Laiwu Iron & Steel
SCM Metal Products
By the product type, the market is primarily split into
Iron and Steel
Key Regions split in this report:
Central & South America
Middle East & Africa
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