Powder Metallurgy Market Segment Forecasts Up to 2020

Transparency Market

Research

Powder Metallurgy Market for Automotive, Electrical and Electronics, Industrial and

Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2014 - 2020

Published Date

2014-10-13

90 Page Report

Buy Now

Request Sample

Press Release

Global Powder Metallurgy Market is Expected to Reach USD 8.7

Billion by 2020

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Powder Metallurgy Market

REPORT DESCRIPTION

Transparency Market Research has released a new market report, According to the report, the global powder

metallurgy market was valued at USD 6.06 billion in 2013 and is likely to reach USD 8.7 billion by 2020,

expanding at a CAGR of 5.4% from 2014 to 2020. In terms of volume, demand for powder metallurgy stood at

1,084.1 kilo tons in 2013.

Powder metallurgy is used to process powdered feedstock in order to manufacture various types of

components Powder metallurgy technology is employed widely in various industries for numerous applications.

Global demand for powder metallurgy is primarily driven by growth in the automotive industry, subsequent

increase in demand for powder metallurgy components, and cost effectiveness of the powder metallurgy

technology. These factors are expected to remain the major driving forces for the powder metallurgy market in

the near future. Limitations pertaining to size and weight of finished parts produced through powder metallurgy

are anticipated to offer key challenges for market participants.

Browse the full Powder Metallurgy Market report at

http://www.transparencymarketresearch.com/powder-metallurgy-industry.html

Ferrous powders was the predominant segment in the powder metallurgy market, accounting for over 80% of

global demand in 2013. Demand for components manufactured using ferrous powders is...