Metal Powder Market Size and Share

Metal Powder Market (2025 - 2030)
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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. 

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.

Metal Powder Market: Market Share by Type
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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.

Metal Powder Market: Market Share by End-User Industry
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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.

Metal Powder Market CAGR (%), Growth Rate by Region
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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

  1. Sandvik AB

  2. Rio Tinto Metal Powders

  3. Höganäs AB

  4. GKN Powder Metallurgy

  5. CRS Holdings, LLC.

  6. *Disclaimer: Major Players sorted in no particular order
Tekna Holding AS, BASF SE, AMETEK Inc., Sandvik AB, Showa Denko Materials Co., Ltd.
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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.

Table of Contents for Metal Powder Industry Report

1. Introduction

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Light-weighting push in auto & aero sectors
    • 4.2.2 Surge in additive manufacturing adoption
    • 4.2.3 Increasing demand for electronics miniaturization
    • 4.2.4 Growing demand for renewable-energy components
    • 4.2.5 Increasing requirement for defense hypersonics alloy demand
  • 4.3 Market Restraints
    • 4.3.1 Occupational & environmental hazards
    • 4.3.2 Raw-material price volatility
    • 4.3.3 Powder consistency limits in critical parts
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size & Growth Forecasts (Value)

  • 5.1 Type
    • 5.1.1 Iron
    • 5.1.2 Bronze
    • 5.1.3 Aluminum
    • 5.1.4 Silicon
    • 5.1.5 Nickel
    • 5.1.6 Other Types (Titanium, etc.)
  • 5.2 Process
    • 5.2.1 Atomization
    • 5.2.2 Reduction of Compounds
    • 5.2.3 Electrolysis
    • 5.2.4 Other Processes (Hydrometallurgical Routes, etc.)
  • 5.3 Manufacturing Method
    • 5.3.1 Press and Sinter (Conventional PM)
    • 5.3.2 Metal Injection Molding
    • 5.3.3 Additive Manufacturing / 3D Printing
    • 5.3.4 Other Methods (Hot Isostatic Pressing, etc.)
  • 5.4 End-User Industry
    • 5.4.1 Transportation
    • 5.4.2 Electrical and Electronics
    • 5.4.3 Medical
    • 5.4.4 Chemical and Metallurgical
    • 5.4.5 Defense
    • 5.4.6 Construction
    • 5.4.7 Other End-User Industries (Additive Manufacturing Service Bureaus, etc.)
  • 5.5 Geography
    • 5.5.1 Asia-Pacific
    • 5.5.1.1 China
    • 5.5.1.2 India
    • 5.5.1.3 Japan
    • 5.5.1.4 South Korea
    • 5.5.1.5 Thailand
    • 5.5.1.6 Indonesia
    • 5.5.1.7 Vietnam
    • 5.5.1.8 Malaysia
    • 5.5.1.9 Philippines
    • 5.5.1.10 Rest of Asia-Pacific
    • 5.5.2 North America
    • 5.5.2.1 United States
    • 5.5.2.2 Canada
    • 5.5.2.3 Mexico
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 NORDIC Countries
    • 5.5.3.8 Turkey
    • 5.5.3.9 Rest of Europe
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Colombia
    • 5.5.4.4 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Qatar
    • 5.5.5.4 South Africa
    • 5.5.5.5 Nigeria
    • 5.5.5.6 Egypt
    • 5.5.5.7 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, Recent Developments)
    • 6.4.1 Advanced Technology & Materials Co., Ltd.
    • 6.4.2 Alcoa Corporation
    • 6.4.3 ATI
    • 6.4.4 Aubert & Duval
    • 6.4.5 BASF
    • 6.4.6 CNPC Powder
    • 6.4.7 CRS Holdings, LLC.
    • 6.4.8 Erasteel
    • 6.4.9 GKN Powder Metallurgy
    • 6.4.10 H.C. Starck Tungsten GmbH
    • 6.4.11 Hitachi High-Tech India Private Limited
    • 6.4.12 Höganäs AB
    • 6.4.13 JFE Steel Corporation
    • 6.4.14 Kymera International
    • 6.4.15 Metalysis Ltd.
    • 6.4.16 Polema
    • 6.4.17 Linde Plc
    • 6.4.18 Outokumpu
    • 6.4.19 Rio Tinto Metal Powders
    • 6.4.20 Sandvik AB
    • 6.4.21 Seiko Epson Corporation
    • 6.4.22 Tekna
    • 6.4.23 Valimet

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
  • 7.2 Increasing Developments in Healthcare Industries
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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).

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
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
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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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