April 26, 2023 12:08 ET | Source: Research and Markets Research and Markets
Dublin, April 26, 2023 (GLOBE NEWSWIRE) -- The "Powder Metallurgy Parts: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Powder Metallurgy Parts estimated at US$23.4 Billion in the year 2022, is projected to reach a revised size of US$32.8 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Sintering Parts
Ferrous Metals, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$28.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Non-Ferrous Metals segment is readjusted to a revised 4.8% CAGR for the next 8-year period. The U.S. Market is Estimated at $6.4 Billion, While China is Forecast to Grow at 7.3% CAGR The Powder Metallurgy Parts market in the U.S. is estimated at US$6.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Select Competitors (Total 46 Featured) -
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
For more information about this report visit https://www.researchandmarkets.com/r/vx5jp
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