From GlobeNewswire: 2025-02-19 11:30:00

The Powder Metallurgy Market is set to grow from USD 2.79 billion in 2024 to USD 2.84 billion in 2025, reaching around USD 6.38 billion by 2034 with a CAGR of 8.62%. This manufacturing method uses metal powders to create precise components with improved properties. The market is driven by technological advancements, particularly in additive manufacturing like 3D printing.

The Powder Metallurgy Market offers advantages such as higher material efficiency, design flexibility, and cost effectiveness. The sintering process creates strong bonds between metal particles, resulting in components with enhanced mechanical properties. The market is expected to see growth opportunities with the increasing adoption of advanced technologies and additive manufacturing methods.

The market is segmented by process, material, application, and region. Powder Metal Hot Isostatic Pressing was dominant in 2024, accounting for 55% of the market. The automotive sector is expected to lead the market due to increased vehicle production globally. Asia Pacific is projected to have the fastest CAGR, driven by growing disposable income and government encouragement of investments in additive manufacturing.

North America held the second largest market share in 2024 and is expected to maintain its position due to well-developed end-use industries. The report provides insights into market size, growth rate, key segments, regional scope, and buying options for tailored research needs. To access a free sample report or request customized purchasing options, visit the provided links. The Powder Metallurgy market report offers an in-depth analysis, including COVID-19 impact study. It covers industry overview, regional analysis, market players, and future trends. Key questions about market size, growth factors, top companies, and segments are answered. The report also includes market dynamics, segmentation, and competitive landscape.

The Asia-Pacific region leads the global Powder Metallurgy market due to expanding end-use industries. High population levels and rising disposable income drive growth in sectors like automotive and healthcare. Additive manufacturing is growing, with substantial investments in China and Japan. Economic trends and technological advances boost demand for Powder Metallurgy products in the region.

North America holds the second-largest market share, driven by rapid growth in end-use industries, especially automotive. Key countries like the U.S., Canada, and Mexico contribute to market expansion. Europe is expected to grow significantly, with a well-developed automotive industry driving market growth in countries like the U.K., Germany, and Spain.

To get a customized report on the Powder Metallurgy market tailored to your research needs, visit the link provided. The report includes detailed insights, analysis, and forecasts to help you make informed decisions. Stay ahead of market trends and opportunities with our comprehensive research. Request your copy now. The Powder Metallurgy Market report offers insights by material, process, application, and region. Key players include Carpenter Technology Corporation, Rio Tinto Metal Powders, and more. Access a free sample report and enjoy special deals like maximum market coverage, customization options, and post-sale service assistance. Get personalized market briefs by the author for a comprehensive understanding. Contact sales for more information. 1. The stock market reached record highs today, with the S&P 500 closing at 4,185.47 and the Dow Jones Industrial Average at 34,200.67. Investors remain optimistic about economic recovery and strong corporate earnings.

2. A new study found that 75% of Americans have received at least one dose of the COVID-19 vaccine. Health officials are encouraged by the progress but urge continued vigilance as variants continue to spread.

3. The Biden administration announced a $2.3 trillion infrastructure plan, focusing on rebuilding roads, bridges, and broadband networks. The plan also includes investments in clean energy and affordable housing to create jobs and boost the economy.

4. NASA successfully flew a helicopter on Mars for the first time, marking a major milestone in space exploration. The Ingenuity helicopter completed a 40-second flight, demonstrating the potential for aerial exploration on the red planet.

5. The European Union approved sanctions against China over human rights abuses in Xinjiang. The sanctions target four Chinese officials and one entity involved in alleged forced labor practices against Uighur Muslims.

6. Tesla surpassed analyst expectations, reporting record profits in the first quarter of 2021. The electric car company delivered 184,800 vehicles and generated $10.39 billion in revenue, driven by strong demand for its Model 3 and Model Y vehicles. 1. The stock market reached record highs today, with the S&P 500 closing at 3,000 for the first time. This milestone was driven by strong corporate earnings reports and optimism about a potential trade deal between the US and China.

2. Hurricane Dorian made landfall in the Bahamas as a Category 5 storm, causing widespread devastation and at least five confirmed deaths. The storm is expected to continue moving towards the southeastern United States, with Florida and Georgia declaring states of emergency.

3. The United Nations released a report stating that global temperatures are on track to rise by 3.2 degrees Celsius by the end of the century. This increase would have catastrophic effects on the environment, leading to more severe weather events and rising sea levels.

4. The US economy added 130,000 jobs in August, slightly below expectations but still showing steady growth. The unemployment rate remains at 3.7%, with wages increasing by 3.2% over the past year. Despite concerns about a potential recession, the job market continues to show resilience.



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