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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 : CM00834

  • Category : Chemicals & Materials

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Sintering Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Sintering Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Sintering Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

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. Sintering is used majorly in shaping the process of materials with extremely high melting points such as molybdenum and tungsten. Mergers and acquisitions in the sintering market are stimulating the market share of the companies. In 2017, Miba AG has acquired Brazilian sinter component manufacturer Mahle Metal Group. The strategic advantage of this acquisition is to operate production sites around the world and expand in the automotive market with the production of sinter components.

 

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 and increasing need for improving the capabilities of the gamut of metals contribute to the growth of the market. In addition, applications of sintering such as ceramic fabrication for strengthening compacted material promote the market’s growth. New product launches in the sintering market are majorly contributing to the demand for sintering technology. Prodways launched a new industrial laser sintering 3D printer. The technology has used high power laser to merge successive layers of plastics and metals. On the other side, replaceable technologies such as pelletizing 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.

 

The 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 and Europe account for a downward growth trend due to strict government regulations for the application of the sintering process in that region. This is because of the harmful emissions during the sintering process.

 

Segment Covered

The report on the 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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