Metal Powder Market Size and Share
Metal Powder Market Analysis by Mordor Intelligence
The Metal Powder Market size is estimated at USD 7.21 billion in 2025, and is expected to reach USD 9.12 billion by 2030, at a CAGR of 4.82% during the forecast period (2025-2030). Demand is anchored in automotive electrification, aerospace modernization, and the industrialization of additive manufacturing, which together create a broad pull for powders ranging from low-alloy iron grades to bespoke nickel- and titanium-based compositions. Light-weighting programs in vehicles and aircraft, the proliferation of electric drive trains, and the rising adoption of 3D-printed structural parts keep consumption on an upward track. At the same time, powder makers face raw-material price swings and tightening environmental rules that boost compliance costs yet also spur investments in cleaner atomization technologies. Competitive momentum is tilting toward suppliers that can flex between high-volume press-and-sinter contracts and low-volume, high-margin additive jobs, reinforcing the need for process diversity.
Key Report Takeaways
- By type, iron-based powders captured 44.02% share in 2024, but the “other types” category—chiefly titanium and specialty alloys—will grow the fastest at 5.82% CAGR.
- By process, atomization led with 69.75% share in 2024; hydrometallurgical routes are primed for a 5.36% CAGR.
- By manufacturing method, press and sinter commanded 91.16% of 2024 revenue, while additive manufacturing is forecast to rise at a 6.07% CAGR.
- By end-user industry, transportation held 65.14% of metal powder market share in 2024, whereas the medical segment is set to expand at a 6.18% CAGR through 2030.
- By region, Asia-Pacific accounted for 44.18% revenue in 2024; it is also poised for the fastest growth at a 5.45% CAGR to 2030.
Global Metal Powder Market Trends and Insights
Driver Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Light-weighting push in auto & aero sectors | +1.2% | Global, with concentration in North America & EU | Medium term (2-4 years) |
| Surge in additive manufacturing adoption | +0.9% | North America, Europe, APAC core | Long term (≥ 4 years) |
| Increasing demand for electronics miniaturization | +0.6% | APAC core, spill-over to North America | Short term (≤ 2 years) |
| Growing demand for renewable-energy components | +0.4% | Global, with early gains in EU & China | Long term (≥ 4 years) |
| Increasing requirement for defense hypersonics alloy demand | +0.3% | North America, Europe, select APAC | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Light-weighting Push in Auto & Aero Sectors
Automotive OEMs continue to cut vehicle mass to extend electric-vehicle range and meet Euro 7 brake-emission norms, prompting broader uptake of high-density ferrous and aluminum powders designed for soft-magnetic composites. ArcelorMittal’s newly developed steel powders target low-emission braking systems, while NASA and Plansee AG’s TiAl sheet program shows aviation’s pivot toward 25–35% weight savings over legacy Ni-base superalloys[1]Plansee Group, “High-Performance Materials for Solar and Aerospace,” Plansee, plansee.com. North American shipments underscore the trend, with 70% of ferrous powder tonnage tied to automotive orders, even as aerospace alloys command premium pricing in turbine disk and structural bracket applications.
Surge in Additive Manufacturing Adoption
The metal powder market is increasingly shaped by additive manufacturing, which demands highly spherical, flow-stable powders. Nano Dimension’s agreement to acquire Desktop Metal consolidates a USD 246 million revenue base devoted to powder-bed fusion and binder-jet technologies. Tekna has commercialized coarse Ti64 fractions tailored for 60 µm and 90 µm layers to cut build times in aerospace prototypes. DOE-backed AMAZEMET rePowder converts irregular reclaimed metal into spherical feedstock, widening the usable scrap pool[2]U.S. Department of Energy, “Advanced Methods for Powder Production,” Energy .gov, energy.gov . Höganäs’ CustomAM platform, combining plasma and nitrogen atomization, lets medical-implant designers scale bespoke powders from lab batches to tons. ASTM and ASME qualification workstream signals the maturing of powder specifications for safety-critical nuclear parts.
Increasing Demand for Electronics Miniaturization
Advances in multilayer ceramic capacitors and fine-pitch interconnects heighten requirements for ultra-uniform copper and silver powders whose morphology governs sintered density and conductivity. JX Advanced Metals opened a new Arizona plant to supply sputtering targets for US semiconductor fabs, automating traceability to ensure sub-micron tolerances. Sumitomo Electric’s carbide powder improvements support harder cutting inserts capable of machining ever-smaller component housings. Academic work in electrochemical silver paste printing demonstrates 115 µm line widths for solar metallization, pushing suppliers to eliminate coarse particles and tighten distribution profiles.
Growing Demand for Renewable-Energy Components
Decarbonization targets drive orders for powder-based parts in solar, wind, and hydrogen infrastructure. Plansee’s molybdenum and tungsten substrates withstand high solar-cell firing temperatures, boosting cell conversion efficiency. Direct-drive wind turbines rely on NdFeB magnets; supply pressure on rare earths accelerates alloy-efficient magnet formulations, opening the door for alternative iron-nitride powders in stator designs. Finland-based Blastr Green Steel is building a 2.5 million tpa hydrogen-DRI plant, implying fresh demand for iron powders in pellet coatings that enhance reactor thermal efficiency.
Restraint Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Occupational & environmental hazards | -0.8% | Global, with stricter enforcement in North America & EU | Short term (≤ 2 years) |
| Raw-material price volatility | -1.1% | Global, with acute impact in import-dependent regions | Short term (≤ 2 years) |
| Powder consistency limits in critical parts | -0.6% | Global, with highest impact in aerospace & medical applications | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Occupational & Environmental Hazards
OSHA combustible-dust guidelines mandate extensive ventilation, worker training, and documentation for metal-powder sites, lifting both capital and operating spend. NFPA is transitioning multiple documents into the unified NFPA 660 standard to cover handling, finishing, and recycling of combustible metals. EPA effluent limits now require filtration on abrasive blasting plus dust minimization during grinding, while powder-coating booths must install continuous-duty sprinklers to address flash-fire risk. Collectively, these rules constrain capacity expansions in regions with stringent enforcement and speed the shift toward closed-loop, low-emission atomizers.
Raw-Material Price Volatility
Nickel, chromium, and copper prices continue to vacillate in response to monetary policy, Chinese demand swings, and geopolitical supply concerns. The Federal Reserve’s rate stance tempers EV production schedules, lowering spot demand for battery metals and compressing powder margins. Simultaneously, oversupply from Chinese smelters forces Western miners to idle capacity, stirring uncertainty about long-term offtake contracts. Strategic responses include multi-sourcing agreements and investments in hydrometallurgical recycling aimed at buffering powder makers against price shocks.
Segment Analysis
By Type: Iron Dominance Faces Specialty Alloy Pressure
Iron powders carried 44.02% of metal powder market share in 2024, aided by entrenched use in automotive synchronizers, gears, and structural parts. Volumetric heft still stems from press-and-sinter ferrous grades, supported by Pacific Metals’ 15,000 t/month stainless capacity. Specialty alloys, however, claim faster growth at 5.82% CAGR through 2030 as aerospace, medical, and defense programs specify titanium, nickel, and refractory blends for elevated strength-to-weight ratios. IperionX’s USD 47.1 million DoD contract to deploy Hydrogen-Assisted Metallothermic Reduction validates US ambitions for a native titanium supply chain. Hindalco’s USD 10 billion aluminum build-out, including a 200,000 TPA Odisha smelter step-up, ensures capacity for electric-vehicle housings and renewable-energy cabling.
The interplay of commodity iron economics and premium alloy pricing encourages powder makers to balance output portfolios. Suppliers widen grade catalogs with pre-alloyed feeds that reduce post-press blending, improving mechanical consistency. In turn, downstream users gain repeatability essential for safety-critical parts, keeping the metal powder market in structural transition toward higher-margin mix.
Note: Segment shares of all individual segments available upon report purchase
By Process: Atomization Leadership Meets Innovation Pressure
Atomization retained 69.75% revenue in 2024, as gas, water, and plasma routes satisfy divergent flowability and purity demands. VDM Metals’ new vacuum inert gas atomizer demonstrates ongoing capital deployment to secure aerospace-grade outputs for superalloy powder-bed fusion. Hydrometallurgical processing, while only a 5.36% CAGR pocket, recovers zinc-rich residues and nickel-bearing sludges, dovetailing with circular-economy targets.
Emergent techniques tighten particle-size bands and cut energy use. Metal Powder Works converts barstock into uniform chips without melting, trimming scrap rates and carbon footprints. Electrode-induction gas atomization yields finer spheres than legacy vacuum induction, opening new territories for ultra-thin printable layers. Meanwhile, electrolysis and reduction processes keep niche footholds for high-purity powders required in hard-facing and brazing pastes.
By Manufacturing Method: Traditional Methods Dominate Amid AM Disruption
Press and sinter controlled 91.16% of 2024 revenue, underpinned by automotive-scale productivity and mature tooling ecosystems. North American reports highlight automotive contracts as the principal outlet, even as internal combustion volumes plateau. Metal injection molding addresses miniature, complex shapes for electronics casings and firearm components, while hot isostatic pressing (HIP) densifies turbine disks and orthopedic implants.
Additive manufacturing, forecast for a 6.07% CAGR, is the insurgent. Oak Ridge National Laboratory proved HIP-consolidated powder viable for nuclear power components, potentially compressing lead times by two-thirds. High-entropy alloy nanoparticle production approaching 35 g/h signals economically scalable source powders for wear-resistant drill bits. Constellium’s Aheadd® aluminum powder family promises thermal stability up to 250 °C, further blurring lines between ferrous and non-ferrous performance envelopes.
By End-User Industry: Transportation Dominance Challenged by Medical Growth
Transportation absorbed 65.14% of revenue in 2024, from engine timing gears to structural brackets in single-aisle aircraft. Electrification is re-allocating volumes toward soft-magnetic iron-phosphorus mixes for e-motor cores and aluminum housings, partially offsetting softness in piston ring demand. Aerospace retains premium potential; GE Aerospace’s USD 1 billion additive campus aligns powder supply with next-gen jet engines.
Medical is the fastest riser at 6.18% CAGR, propelled by additive-manufactured patient-matched implants built from Ti-6Al-4V ELI and CoCrMo blends. Cold-spray antimicrobial coatings, valued at USD 19.8 billion by 2033, widen powder demand for silver- and copper-rich blends. Electronics, chemicals, and defense present diversified pull, each rewarding precise particle control and lot traceability.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific led with 44.18% revenue in 2024 and is projected to post the fastest 5.45% CAGR to 2030. China’s copper-cathode output grew 14.27% year on year, and aluminum production rose 2.6%, underscoring resource depth. India widens capacity through JSW Steel’s USD 7.8 billion Odisha complex plus a USD 660 million electrical-steel joint venture with JFE that adds 30,000 jobs. Japan and South Korea sustain electronics and precision machining leadership, while regional policy favors infrastructure investment and recycling ventures exemplified by Mitsui’s stake in MTC Business.
North America shows steady, innovation-driven orders. IperionX’s titanium contract secures strategic autonomy, while GE Aerospace’s additive build-out clusters powder demand near jet-engine assembly hubs. Canada supplies nickel and cobalt concentrates, and Mexico remains integral for gearbox and transmission powder parts shipped into US OEM programs.
Europe balances stringent emissions rules with high-value manufacturing. Finland’s hydrogen-DRI plant signals a low-carbon future for steel powders. Germany funds lightweight drivetrain powder research; France pushes turbine-blade HIP programs. Höganäs documents a 46% drop in scope 1+2 carbon since 2018, shifting 51% of feedstock to secondary streams. Central and Eastern Europe host automotive tier-2 sintering hubs, while the UK advances aerospace additive standards.
South America, the Middle East, and Africa remain emergent. Brazil’s iron-ore reserves support sinter-base powders, yet infrastructure gaps slow additive uptake. Gulf nations eye hydrogen and solar investments that may translate into demand for specialty alloy powders. African states explore battery-metal mining, though logistics and policy stability condition investment timelines.
Competitive Landscape
The metal powder market features moderate fragmentation. Höganäs offers 3,500 grades from 16 plants and markets Digital Metal binder-jet technology for customized gears, signaling integration across press-and-sinter and additive domains. Nano Dimension’s takeover bid for Desktop Metal consolidates binder-jet and hybrid micro-fabrication expertise, fostering recurring powder demand tied to service contracts.
Technology leadership hinges on atomization know-how, particle classification, and application-ready post-processing. ATI posted 10% revenue growth in Q1 2025, helped by a 23% lift in aerospace and defense powder sales covering 66% of its top line. Suppliers reinforce barriers via patents on nozzle geometries, plasma torches, and in-line sieving that yields sub-30 µm fractions demanded by laser-powder-bed fusion. Partnerships proliferate: powder makers ally with OEMs to co-develop printable alloys that lower buy-to-fly ratios.
Metal Powder Industry Leaders
-
Sandvik AB
-
Rio Tinto Metal Powders
-
Höganäs AB
-
GKN Powder Metallurgy
-
CRS Holdings, LLC.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: Outokumpu entered the metal powder market for additive manufacturing in 2023. As of May 2025, the company is expanding its operations into the aerospace and aviation sectors. It has successfully delivered the industry's first batch of a new stainless steel powder grade designed for a specialized 3D printing application.
- April 2025: Epson Atmix Corporation, a subsidiary of Seiko Epson Corporation, collaborated with Epson Europe Electronics GmbH to establish a sales office in München, Germany. This initiative aims to strengthen and expand Atmix's metal powder business in Europe.
Global Metal Powder Market Report Scope
Metal powders are fine particles of metals which used as a base material for many metal part production. The main characteristics of metal powders include the particle size distribution, the surface condition, particle shape, and the structure of the powder. Most types of metals and their alloys come in metal powders such as iron, aluminum, chromium, bronze, silicon, cobalt, metal carbides, and more. These metal powders are produced by different processes such as atomization, machining & grinding, reduction, and electrolytic precipitation. The metal powder market is segmented by process, type, end-user industry, and geography. By process, the market is segmented into atomization, reduction of compounds, electrolysis, and others. By type, the market is segmented into aluminum, nickel, iron, bronze, silicon, and other types. By end-user Industries, the market is segmented into transportation, electrical and electronics, medical, chemical and metallurgical, defense, construction, and other end-user industries. The report also covers the market size and forecasts for the metal powder market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of volume (kilo tons).
| Iron |
| Bronze |
| Aluminum |
| Silicon |
| Nickel |
| Other Types (Titanium, etc.) |
| Atomization |
| Reduction of Compounds |
| Electrolysis |
| Other Processes (Hydrometallurgical Routes, etc.) |
| Press and Sinter (Conventional PM) |
| Metal Injection Molding |
| Additive Manufacturing / 3D Printing |
| Other Methods (Hot Isostatic Pressing, etc.) |
| Transportation |
| Electrical and Electronics |
| Medical |
| Chemical and Metallurgical |
| Defense |
| Construction |
| Other End-User Industries (Additive Manufacturing Service Bureaus, etc.) |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| Thailand | |
| Indonesia | |
| Vietnam | |
| Malaysia | |
| Philippines | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Russia | |
| NORDIC Countries | |
| Turkey | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| United Arab Emirates | |
| Qatar | |
| South Africa | |
| Nigeria | |
| Egypt | |
| Rest of Middle East and Africa |
| Type | Iron | |
| Bronze | ||
| Aluminum | ||
| Silicon | ||
| Nickel | ||
| Other Types (Titanium, etc.) | ||
| Process | Atomization | |
| Reduction of Compounds | ||
| Electrolysis | ||
| Other Processes (Hydrometallurgical Routes, etc.) | ||
| Manufacturing Method | Press and Sinter (Conventional PM) | |
| Metal Injection Molding | ||
| Additive Manufacturing / 3D Printing | ||
| Other Methods (Hot Isostatic Pressing, etc.) | ||
| End-User Industry | Transportation | |
| Electrical and Electronics | ||
| Medical | ||
| Chemical and Metallurgical | ||
| Defense | ||
| Construction | ||
| Other End-User Industries (Additive Manufacturing Service Bureaus, etc.) | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Thailand | ||
| Indonesia | ||
| Vietnam | ||
| Malaysia | ||
| Philippines | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| NORDIC Countries | ||
| Turkey | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Rest of South America | ||
| Middle East and Africa | Saudi Arabia | |
| United Arab Emirates | ||
| Qatar | ||
| South Africa | ||
| Nigeria | ||
| Egypt | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current Metal Powder Market size?
The metal powder market size is estimated at USD 7.21 billion in 2025, with expectations to reach USD 9.12 billion by 2030.
Which end-user sector dominates demand?
Transportation leads with 65.14% of 2024 revenue, primarily from automotive and aerospace applications.
Which segment is growing the fastest?
Medical applications show the highest CAGR at 6.18% through 2030, driven by additive-manufactured implants.
Why is Asia-Pacific important for suppliers?
Asia-Pacific not only holds 44.18% of 2024 revenue but also posts the fastest 5.45% CAGR, backed by capacity expansions in China and India.
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