The global powder metallurgy market size was valued at USD 2.3 million in 2023 and is poised to grow at a significant CAGR of 11,7% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the powder metallurgy market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global powder metallurgy market segmentation:
1) By Material: Titanium, Nickel, Steel, Aluminum, Cobalt, and others.
2) By Application: Aerospace & Defense, Automotive, Medical & Dental, Oil & Gas, and Industrial.
3) By Process: Additive manufacturing, Metal injection molding, and Powder metal hot isostatic pressuring.
4) By End user: OEMs and AM Operator.

The primary factors of the powder metallurgy market drivers are the increasing demand for powder metallurgy. The powder metallurgy market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The powder metallurgy market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the powder metallurgy market report, accounting for the highest share in 2021. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by powder metallurgy market key players are Arcam AB, Carpenter Technology Corp, ExOne GmbH, GKN PLC, Hoganas AB, Materialize NV covered here to help them in strengthening their place in the market.

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