GITNUX MARKETDATA REPORT 2024

Metal Powder Industry Statistics

The metal powder industry is expected to experience steady growth in the coming years driven by increasing demand from applications in additive manufacturing, automotive, and aerospace industries.

In this post, we explore the dynamic landscape of the metal powder industry through a series of compelling statistics. From the growing consumption of metal powders in electronics to the flourishing demand for aluminum powder and the dominance of Asia-Pacific in the market, these statistics paint a vivid picture of the industry’s current state and future prospects. Join us as we delve deeper into the key trends and factors shaping the metal powder sector.

Statistic 1

"Metal powder consumption in the electronics industry is growing, with applications in devices and components."

Sources Icon

Statistic 2

"Metal powder production involves methods such as atomization, reduction, electrolysis, and mechanical alloying."

Sources Icon

Statistic 3

"The metal powder industry is expected to grow at a compound annual growth rate (CAGR) of around 6% from 2021 to 2028."

Sources Icon

Statistic 4

"By 2025, the global demand for aluminum powder is expected to reach more than 100,000 tons."

Sources Icon

Statistic 5

"Asia-Pacific dominates the metal powder market, accounting for over 40% of the global share in 2021."

Sources Icon

Statistic 6

"The global copper powder market is expected to exceed USD 1 billion by 2026."

Sources Icon

Statistic 7

"The global metal powder market size was valued at approximately USD 6.5 billion in 2020."

Sources Icon

Statistic 8

"Metal powder recycling and sustainability practices are becoming increasingly important in the industry."

Sources Icon

Statistic 9

"The surge in electric vehicle production is one of the key drivers for metal powder demand, particularly for battery and motor components."

Sources Icon

Statistic 10

"North America holds a significant share of the metal powder industry, driven by advancements in manufacturing technologies."

Sources Icon

Statistic 11

"The emergence of nanostructured metal powders offers potential for high-performance materials in various industries."

Sources Icon

Statistic 12

"The use of metal powders in aerospace applications is projected to expand at a rapid pace due to the need for lightweight materials."

Sources Icon

Statistic 13

"Investments in research and development for new metal powder materials and processes are expected to drive future growth."

Sources Icon

Statistic 14

"The European metal powder market is driven by stringent regulations on emissions and recyclability of materials."

Sources Icon

Statistic 15

"Iron and steel powders held the largest market share in the metal powder industry, with a dominant presence in 2020."

Sources Icon

Statistic 16

"The automotive industry is one of the largest consumers of metal powders, accounting for over 25% of the demand."

Sources Icon

Statistic 17

"In 2021, powder metallurgy accounted for about 85% of the total metal powder demand."

Sources Icon

Statistic 18

"Metal powder used in additive manufacturing and 3D printing is expected to see significant growth rates, projected to grow over 20% annually."

Sources Icon

Statistic 19

"In 2020, stainless steel powder demand accounted for approximately 15% of the global metal powder market."

Sources Icon

Statistic 20

"In 2019, the metal powder market for tooling and industrial applications comprised about 20% of the global market."

Sources Icon
The metal powder industry is experiencing steady growth and significant opportunities across various sectors, driven by increasing demand in electronics, automotive, aerospace, and additive manufacturing. With a projected compound annual growth rate of around 6% till 2028, alongside the dominance of Asia-Pacific in the global market share, the industry showcases promising prospects for innovation and development. The surge in electric vehicle production, advancements in manufacturing technologies, emphasis on sustainability practices, and investments in research and development are key factors shaping the trajectory of the metal powder industry moving forward. Additionally, the emergence of nanostructured metal powders and the increasing adoption of metal powders in additive manufacturing underscore the industry’s potential for high-performance materials and technological advancements in the coming years.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!