Powder metallurgy (PM) refers to processes by which materials or components are made from metal powders. PM processes can avoid, or greatly reduce, the need to use metal removal processes, thereby drastically reducing yield losses in manufacture and often resulting in lower costs. Powder metallurgy is also used to make unique materials impossible to melt or form in other ways.
This report contains market size and forecasts of Powder Metallurgy in India, highlights the following information:
Sales of Powder Metallurgy in India: Value 2019 VS 2023 VS 2030, ($ millions)
Sales of Powder Metallurgy in India: Volume 2019 VS 2023 VS 2030, (Kiloton)
Sales of Powder Metallurgy in India: Revenue Market Share by Company, 2019-2024
Sales of Powder Metallurgy in India: Volume Market Share by Company, 2019-2024
India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Powder Metallurgy will continue to grow rapidly in the future.
The global Powder Metallurgy market size was valued at 7589.3 million in 2023 and is forecast to a readjusted size of US$ 9562.4 million by 2030, with a CAGR of 3.3% during the forecast period 2024-2030.While the India Powder Metallurgy market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Powder Metallurgy's global value in 2030, from % in 2023.
Our research team has surveyed the Powder Metallurgy manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
India Powder Metallurgy Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
India Powder Metallurgy Market Segment Percentages, By Type, 2023 (%)
India Powder Metallurgy Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
India Powder Metallurgy Market Segment Percentages, By Application, 2023 (%)
Electrical and Electronics
The report also provides analysis of leading market participants including:
Key companies Powder Metallurgy revenues in India market, 2019-2024 (Estimated), ($ millions)
Key companies Powder Metallurgy sales in India market, 2019-2024 (Estimated), (Kiloton)
Further, the report presents profiles of competitors in the market, key players include:
Sumitomo Electric Industries
AMETEK Specialty Metal Products
Allegheny Technologies Incorporated
Shanghai Automotive Powder Metallurgy