Powder Metallurgy Market - Size, Share, Growth, Trends and Forecast 2014 – 2020

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Powder Metallurgy Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date

13-Oct-2014

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Global Powder Metallurgy Market to Reach US$8.7 bn, Driven by

Diversity in Applications : TMR

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Powder Metallurgy Market

REPORT DESCRIPTION

Powder Metallurgy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020

Based on in-depth findings, the report pegs the value of the global metallurgy market at US$6.06 bn in 2013.

Exhibiting a positive CAGR, the market, according to the report, will reach US$8.7 bn by 2020. Powder

metallurgy is used for processing powdered feedstock, which is an important element used in the manufacture

of various components. Powder metallurgy boasts many such diverse applications that have helped the market

gain momentum in the last few years.

Browse The Full Powder Metallurgy Market Report At :

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

Powder metallurgy is a crucial element extensively used across heavy industries. The demand for powder

metallurgy from the aerospace industry, in particular, has increased in the last few years. Since powder

metallurgy is cost-effective, its use across industries has steadily increased over the years. Economic

strategies deployed by emerging nations to fuel their automotive industries have subsequently fuelled the

demand from the global powder metallurgy market as well. The automotive industry in the U.S., according to

the report, has also contributed significantly to the development of the thriving powder metallurgy market in the

country.

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