The global Steel Powder market was valued at 435.05 Million USD in 2021 and will grow with a CAGR of 3.47% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Steel Powders include stainless steel powder, alloy steel powder, and general steel powder. Steel Powders are widely used in machinery, aerospace, chemical industry, powder metallurgy, magnetic materials, and others.Steel powder has two major types, such as atomized powder and reduced powder. Due to the good coactivity, high purity and high compressibility of atomized powder, it will have a huge market potential. Steel powder is widely used in automobile, machinery, chemical industry, magnetic materials and others. As the demand increases rapidly for downstream industries, the demand for steel powder will correspondingly increase. The increased consumption of steel powder is expected to continue during the remaining years of the next five years. Iron powder industry will usher in a stable growth space. The major raw material for steel powder is steel ore. On the global market, supply of raw materials is full. The production is mainly concentrated in China and Australia. Fluctuations in the price of the upstream product will impact on the production cost of steel powder industry.

By Market Verdors:

Höganäs

GKN (Hoeganaes)

Rio Tinto

JFE Steel Corporation

KOBELCO

Metal Powder Products

Sandvik

Pellets

Daido Steel

AMETEK

Carpenter Technology

Pometon Powder

NANOSTEEL

Laiwu Iron&Steel Group

Jiande Yitong

Wuhan Iron&Steel Group

Ma Steel

Haining Feida

CNPC Powder Material

By Types:

Atomization

Reduction

By Applications:

Automobile

Machinery

Aerospace

Chemical Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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