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.
According to this study, over the next five years the Steel Powder market will register a 3.5% CAGR in terms of revenue, the global market size will reach USD 5120 million by 2024, from USD 4170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Steel Powder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Steel Powder market by product type, application, key manufacturers and key regions and countries.
This study considers the Steel Powder value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
JFE Steel Corporation
Metal Powder Products
Laiwu Iron&Steel Group
Wuhan Iron&Steel Group
CNPC Powder Material
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Steel Powder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Steel Powder market by identifying its various subsegments.
Focuses on the key global Steel Powder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Steel Powder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Steel Powder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.