Powder Metallurgy Components Market By Reports And Data
                     Powder Metallurgy Components 
Market To Reach USD 38.9 Billion 
By 2027
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       Market  Summary
Increasing adoption of powder metallurgy technology by the 
automotive industry due to its excellent controlled porosity and 
self-lubricating properties coupled with growing applications in 
various end-use industries, especially from the aerospace and 
electronics industries are key factors contributing to a high CAGR 
of the powder metallurgy components market during the forecast 
period.
Market Size – USD 21.3 Billion in 2019, Market Growth - CAGR of 
7.9%, Market Trends – innovations and advancements in textile 
applications widening the scope for Powder Metallurgy 
Components market
According to the current analysis of Reports and Data, the global 
powder metallurgy components market was valued at USD 21.3 
Billion in 2019 and is expected to reach USD 38.9 Billion by the 
year 2027, at a CAGR of 7.9%. Powder Metallurgy (PM) is the 
technology used for producing mechanical parts from metal and 
other powders. More recently, the vast majority of the 
manufacturing of industrial parts is based on PM manufacturing 
methods.
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PM components in the automotive sector are in high demand on an international scale due to the cost-
benefit and functional flexibility they provide. PM sector, for the electrical machinery industry as 
components, power tools, hydraulic equipment, motors, and magnetic components, can supply directly or 
indirectly. The applications for powder metallurgy components can be bifurcated into two main groups. 
The first group involves the parts that are difficult to be manufactured by any other method, such as those 
made from molybdenum, tungsten, or tungsten carbide. Filters, porous bearings, and different types of 
hard and soft magnetic components are exclusively made with PM technology. The second group involves 
PM components that offer a cost-effective alternative to castings, machined parts, and forgings.
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       M   a r kOeut  Sru Ampmparyoach
Key participants include Fine Sinter, PMG Holding, GKN Hoeganaes, Schunk Group, Porite Group, Hitachi Chemical, AMES, 
Metaldyne Performance, SMC Powder Metallurgy, Stackpole International, and Sumitomo Electric among others
For the purpose of this report, Reports and Data has segmented the Powder Metallurgy Components market on the basis of 
product type, application, and region:
Product Type (Revenue, USD Million; Volume in Tons, 2017–2027)
• Ferrous Metals
• Non-Ferrous Metals
Preparation Process (Revenue, USD Million; Volume in Tons, 2017–2027)
• Mechanical Pulverisation
• Electrolytic Process
• Chemical Reduction
• Atomization
Fabrication Method (Revenue, USD Million; Volume in Tons, 2017–2027)
• Pressure-based
• Sinter-based
• Hybrid
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Application (Revenue, USD Million; Volume in Tons, 2017–2027)
• Industrial
• Automotive
• Aerospace & Defense
• Healthcare
• Electrical & Electronics
• Others
Regional Outlook (Revenue in USD Million; Volume in Tons, 2017–2027)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
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