Powder Metallurgy Market Rising Demand Drives and Healthy Growth Factors by 2022
Powder Metallurgy Market, by Product (Ferrous, Non-Ferrous, Others), Application (Automotive, Electrical & Electronics, Industrial, Others) - Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022
Chicago, IL -- (SBWire) -- 09/27/2017 --The objective of this report is to describe the market trends and revenue forecasts for the powder metallurgy market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the powder metallurgy market. The scope of this report covers the powder metallurgy market by its major segments, which include the products, applications, and the major geographic regions.
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KEY PREMIUM INDUSTRY INSIGHTS
The key factors driving the growth of the powder metallurgy market include the growth in the automotive industry and the superiority of powder metallurgy over various conventional production techniques.
Strong developments in the newer applications for powder metallurgy are expected to spur the demand in this market.
However, the limitations of the finished parts with respect to its weight and size are some of the major factors that may hamper the growth of the powder metallurgy market.
MARKET SEGMENTATION
This report analyzes the powder metallurgy market by the following segments:
Powder Metallurgy Market, by Product
1. Ferrous
2. Non-Ferrous
3. Others
Powder Metallurgy Market, by Application
1. Automotive
2. Electrical & Electronics
3. Industrial
4. Others
KEY MARKET PLAYERS
Key players in the powder metallurgy market include:
1. GKN PLC
2. Hitachi Chemical Company Ltd
3. Höganäs AB
4. Fine Sinter Company Ltd
5. Sumitomo Electric Company Ltd.
6. Sandvik AB
7. H.C StracK
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