Sintering Market (Material Analysis - Low-grade Alloy Steel, Pure Iron, and Other Materials; Application - Construction, Manufacturing, Automotive, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : November, 2019

  • Rep Id : HC0763

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on sintering market provides an in-depth analysis of segments and sub-segments in the global as well as regional sintering market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional sintering market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global sintering market. According to the report, the global sintering market is projected to grow at a CAGR of 3.9% over the forecast period of 2019-2025.

 

Market Insight

Sintering is a manufacturing process where metal alloys are molded into complex and unique shapes by subjecting them to high temperatures just below their melting points. It happens naturally in mineral deposits. Companies operating in the global sintering market are focusing on mergers, acquisitions, and collaborations that expand their market share. For instance, in 2017, Miba AG has acquired Brazilian sinter component manufacturer Mahle Metal Group.

 

Sintered parts are having different qualities such as abrasion resistance and corrosion, lightweight, etc. The growing preference for the sintering method over traditional manufacturing methods drives the growth of the sintering market. Sintering is a heat treatment that increases the strength and structural integrity of the given material. It is used for bonding particles into a coherent and predominantly solid structure. The rising importance of sintering in powder metallurgy and its use in various stages to obtain end-product contribute to the growth of the sintering market. The increasing need for improving the capabilities of the gamut of metals stimulates the growth of the sintering market. On the other side, replaceable technologies hinder the growth of the sintering market. Moreover, technological developments promote end-use applications of sintering in a wide range of industries creating several opportunities for the growth of the sintering market.

 

Based on geography, the global sintering market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to have a premium share in the global sintering market. The rising industrial and technological development in Asia-Pacific stimulates the growth of the sintering market in Asia-Pacific. North America is expected to grow in the global sintering market with a significant CAGR over the forecast period. Europe is showing growth in the global sintering market.  

 

Segment Covered

The report on global sintering market covers segments such as material analysis and application. On the basis of material analysis, the sub-markets include low-grade alloy steel, pure iron, and other materials. On the basis of application, the sub-markets include construction, manufacturing, automotive, and other applications.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Hitachi Ltd., GKN plc, Sumitomo Corporation, H.C. Starck GmbH, Pacific Sintered Metals, Metaldyne Performance Group Inc., ASCO Sintering Co., AMES Companies, Inc., Miba Sinter Group, High-Tech Sintered Products Pvt. Ltd., and other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the sintering market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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