According to our (Global Info Research) latest study, the global Alloy Steel Powder market size was valued at USD 3673.4 million in 2022 and is forecast to a readjusted size of USD 4186.4 million by 2029 with a CAGR of 1.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global 5 largest players of alloy steel powder are Dowlais, Höganäs, Kobe Steel, Sandvik AB and Shandong Luyin New Material, holding a total share over 50%.
North America, Europe, China and Japan are for major production regions of alloy steel powder, where China accounts for over 30%.
The largest geographic segment is APAC, with a market share about 50%.
There are two types of alloy steel powder by the content of alloy elements, including low-alloy steel powder and high-alloy steel powder. And the former is the leading product, with s share over 70%.
In terms of application, powder metallurgy and additive manufacturing are two main segments, in which powder metallurgy makes up over 75%.
Metal powder refers to a group of metal particles with a size less than 1mm, including single metal powder, alloy powder and certain refractory compound powders with metallic properties, and is the main raw material for powder metallurgy, metal injection molding, additive manufacturing.
Alloy steel is steel that is alloyed with a variety of elements to improve its mechanical properties. Common alloyants include manganese (the most common one), nickel, chromium, molybdenum, vanadium, silicon, and boron. Less common alloyants include aluminium, cobalt, copper, cerium, niobium, titanium, tungsten, tin, zinc, lead, and zirconium.
Alloy Steel Powder, is metal powder made from alloy steel, and the carbon content of iron powder is between 0.02% and 2.11%. There are two main manufacturing processes for alloy steel powder, such as 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. Alloy steel powder is widely used in automobile, machinery, chemical industry, magnetic materials and others.
With the continuous improvement of powder metallurgy technology, the application field of powder metallurgy products is continuously expanded to the high-end market. With the rapid development of new energy vehicles, photovoltaics, wind power, energy storage, aerospace, communications, medical care and other emerging fields, the demand for customized and personalized new materials and components with high performance and low cost has increased significantly. The advancement of powder metallurgy technology can help the large-scale production of low-end homogeneous products to upgrade to the large-scale production of high-end customized products.
This report is a detailed and comprehensive analysis for global Alloy Steel Powder market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Alloy Steel Powder market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global Alloy Steel Powder market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global Alloy Steel Powder market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global Alloy Steel Powder market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Alloy Steel Powder
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Alloy Steel Powder market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dowlais Group, Höganäs, Kobe Steel, Ltd., Sandvik AB and Shandong Luyin New Material Technology Co., Ltd., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Alloy Steel Powder market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low-alloy Steel Powder
High-alloy Steel Powder
Market segment by Application
Powder Metallurgy
Additive Manufacturing
Others
Major players covered
Dowlais Group
Höganäs
Kobe Steel, Ltd.
Sandvik AB
Shandong Luyin New Material Technology Co., Ltd.
Rio Tinto Group
JFE Steel Corporation
Daido Steel Co., Ltd.
AMETEK, Inc.
Wuhan Iron And Steel Co., Ltd.
Proterial, Ltd.
Carpenter Technology
Mitsubishi Steel Mfg. Co., Ltd.
KOS Ltd.
Hang Zhou Yitong New Materials Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Alloy Steel Powder product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Alloy Steel Powder, with price, sales, revenue and global market share of Alloy Steel Powder from 2018 to 2023.
Chapter 3, the Alloy Steel Powder competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Alloy Steel Powder breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Alloy Steel Powder market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Alloy Steel Powder.
Chapter 14 and 15, to describe Alloy Steel Powder sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Alloy Steel Powder. Industry analysis & Market Report on Alloy Steel Powder is a syndicated market report, published as Global Alloy Steel Powder Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Alloy Steel Powder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.