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.
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.
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.
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.
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.