Powder Metallurgy Market Size, Share & Trends Analysis Report By Material, By Process, By Application, By End-use And Segment Forecasts, 2021 – 2028 – Yahoo Finance

Powder Metallurgy Market Size, Share & Trends Analysis Report By Material (Titanium, Steel), By Process (MIM, PM HIP), By Application (Automotive, Oil & Gas), By End-use (OEM, AM Operators), And Segment Forecasts, 2021 – 2028
New York, Nov. 17, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Powder Metallurgy Market Size, Share & Trends Analysis Report By Material, By Process, By Application, By End-use And Segment Forecasts, 2021 – 2028" – https://www.reportlinker.com/p06184549/?utm_source=GNW

Powder Metallurgy Market Growth & Trends

The global powder metallurgy market size is estimated to reach USD 5.02 billion by 2028., expanding at a CAGR of 11.4% over the forecast period. Increasing initiatives to reduce the weight of aerospace parts by using additive manufacturing along with a rise in demand for lightweight auto parts from the automotive industry drives the market growth.

The aircraft manufacturers are focusing on saving the cost and weight of aircraft parts, which increases the demand for 3D printing materials to deliver high-performance and cost-effective aircraft elements. An increase in the number of 3D printers in terms of feature, size, and material compatibility in the long run coupled with strong competitive strategies to expand through various partnerships and joint ventures is further expected to drive the market growth.

The growing demand from the healthcare industry for personalized prosthetics along with increasing usage of medical devices propels the sales mostly from the metal additive manufacturing market space. In the industrial sector, rapid prototyping and on-site production are estimated to offer promising growth opportunities to market vendors over the projected period.

The COVID-19 pandemic led to the shutdown of manufacturing and metallurgy industries and affected both upsides and downsides in the year 2020.The key end-use sectors of the powder metallurgy industry, including the automotive, aerospace, and consumer goods sectors, have observed a negative trend in FY 2020.

For instance, in April 2021, Toyota Motor Corp. experienced a decline in worldwide sales by 5.1% in the fiscal year ending March 2021. This has stalled automotive and other industrial production activities and caused a severe decline in demand for powder metals, such as iron, steel, and aluminum.

Powder Metallurgy Market Report Highlights
• The steel material segment is estimated to witness a CAGR of 12.0%, in terms of revenue, over the projected period. The low cost and easy availability of steel are expected to drive the segment growth
• The Metal Injection Molding (MIM) process segment led the global market in 2020 and is projected to witness steady growth over the coming years owing to the significance of the process in the components manufacturing industry
• The aerospace & defense application segment accounted for the largest revenue share in 2020. The aerospace & defense industry is highly focused on adapting new technologies with a high investment budget, which is the key driving factor for the segment
• Large-scale OEMs, generally from the aircraft industry, are investing significantly in metal 3D printing to manufacture aeronautical parts, which is expected to drive the OEMs end-use segment at the fastest CAGR over the forecast years
• North America was the leading regional market in 2020 and is anticipated to maintain its dominance over the forecast period. Increased funding for the R&D and standardization in the technology segment in leading European countries is expected to propel the market growth
Read the full report: https://www.reportlinker.com/p06184549/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

Every investor in 26 Capital Acquisition Corp. ( NASDAQ:ADER ) should be aware of the most powerful shareholder groups…
(Bloomberg) — SSE Plc plunged the most in more than year after the U.K. utility rejected calls for a break-up as it unveiled a green spending drive funded by a dividend cut and asset sales.Most Read from BloombergStartup Fever Is Gripping the World’s Last Big Untapped NationWhat Designers of Video Game Cities Understand About Real CitiesBiden Plan Funds New Bridges That Locals May Not WantChronically Underfunded HBCUs Eye Scholarships in Biden BillThe energy company expects to sell a 25% stake
Shares of Brazil's digital payments technologist StoneCo (NASDAQ: STNE) sank 34% Wednesday as of 12:40 p.m. ET. Revenue of 1.47 billion Brazilian reais ($270 million) was up 57% year over year, but the fintech company reported a 1.26 billion reais ($230 million) net loss due to a write-down on fair value of investments. Stone's investment write-down is due to its investment in Banco Inter.
Shares of semiconductor specialist Nvidia (NASDAQ: NVDA) are trading 2.6% lower as of 1:40 p.m. EST Wednesday. Nvidia stock is up 125% over the past year, rising four times faster than the S&P 500 as a whole, as investors bet big on Nvidia's potential to dominate the metaverse. Tonight, investors will be looking for Nvidia to meet or beat some impressive stats.
In this article, we discuss the 10 best mineral stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Mining Stocks To Buy Now. The mining industry has shown resilience amid the pandemic. As per PwC, the top 40 mining companies in the world had […]
Yahoo Finance’s Julie Hyman and Brian Sozzi discuss Roku shares' fall as MoffettNathanson downgrades due to high revenue estimates and Amazon no longer accepting UK Visa credit cards starting in January.
The digital payment middleman is driving more growth than the analyst community can effectively predict.
When more than half Warren Buffett stocks lag the S&P 500 this year — you wish you owned a whole lot more of the winners.
L1 Capital, an investment management firm, published its ‘L1 Capital International Fund’ third quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly net return of 3.7% was recorded by the fund in the second quarter of 2021, compared to the benchmark return of 3.9% You can take a look […]
Shares of electric vehicle start-up Canoo Holdings (NASDAQ: GOEV) were moving higher on Tuesday, after the company reported third-quarter earnings and said it will begin production of its first vehicle sooner than expected. As of 3 p.m. EST, Canoo's shares were up about 18.3% from Monday's closing price. Canoo reported its third-quarter results after the U.S. markets closed on Monday, and they were better than expected.
'The king of hedge funds' says the US is on the wrong path. But he likes these stocks.
The maker of plant-based foods reported earnings, and investors were clearly pleased, though more-cynical types might be less impressed.
Hydrogen fuel cell company Plug Power's (NASDAQ: PLUG) share price popped by 5.1% as of 9:48 a.m. ET Wednesday morning, then gave up all of those gains and then some as concerns about rising competition countered the impact of an analyst's upgrade. As of 1 p.m. ET, Plug Power was trading down by 2.3% at around $42.10 a share. On Wednesday morning, Citi analyst P.J. Juvekar initiated a pair trade on two fuel cell stocks, going long Plug Power and short Ballard Power (NASDAQ: BLDP).
These stocks have soared since the beginning of 2020, and they could more than double over the coming 12 months, according to high-water price targets.
Nvidia will report its Q3 earnings after the bell on Wednesday.
The growth stock may be rising on Wednesday simply due to a rebound from last week's sharp sell-off. The stock's gain may also reflect growing buzz on Wall Street for electric vehicles. Since electric vehicle maker Rivian Automotive (NASDAQ: RIVN) went public last week, the electric vehicle market has received a lot of attention.
The Walt Disney Company (NYSE: DIS) reported fourth-quarter earnings on Nov. 10 that disappointed investors. The market was hoping for Disney to report better results for its streaming segment. The silver lining for Disney since the pandemic onset has been the rapid growth of its streaming services.
Qualcomm's stock just hit a record. Here's what the company's CEO thinks about it.
Zynga's (NASDAQ: ZNGA) share price got a nice bounce last week after it reported strong third-quarter earnings results. The mobile-game developer reported a sequential decline in bookings (a non-GAAP measure of revenue) over the second quarter, but bookings still grew 6% year over year, driven by a higher contribution from in-game advertising. The growth in advertising was a notable surprise given the anticipated negative impact of Apple's new privacy changes in iOS 14.5 that limits app developers' ability to track users across apps for advertising purposes.
Investors beyond their working years need picks that balance above-average payouts with reliable longevity.

source