According to the latest market study on “Atomizing Metal Powder Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product (Atomizing Iron Powder, Atomizing Copper Powder, Atomizing Steel Powder, Atomizing Aluminium Powder, and Others) and Application (Metallurgy, Coating and Decorations, Electronic Materials, Sintered Parts, Diamond Cutting Tools, Additive Manufacturing, and Others),” the market was valued at US$ 919.26 million in 2021 and is projected to reach US$ 1,400.67  million by 2028; it is expected to grow at a CAGR of 6.2% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the market.

Metal powders can be manufactured using different processes such as atomization, chemical synthesis, electrolysis, and solid-state reduction. Out of these processes, atomization has been a dominant method to produce both metal as well as pre-alloyed powders such as iron, Aluminium, copper, steel, bronze, tin, etc. This technique uses high pressure fluid jets to disperse molten metal stream into fine droplets, which then solidifies into fine particles. There are various types of atomization processes such as water atomization, gas atomization, centrifugal atomization, ultrasonic atomization, etc. 

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The automobile industry is evolving due to the emerging new methods for vehicle components manufacturing. Conventional ways for producing vehicle parts are being reassessed due to the rising focus on e-mobility. The industry is adopting the changes to meet changing social needs, enhance vehicle performance, and reduce costs, in other words, to gain an edge in a competitive space. Many automakers address global issues, such as fuel consumption, carbon dioxide emissions, and energy diversification. The automotive industry is one of the most significant end-users of metal powders. There are three primary areas of application of metal powders in the industry, which comprise sintering, soldering, and additive manufacturing. Innovations in material development and pressing technique are directly responsible for expanding powder metal components in automobiles.

Metal powders can be manufactured using different processes such as atomization, chemical synthesis, electrolysis, and solid-state reduction. Out of these processes, atomization has been a dominant method to produce both metal as well as pre-alloyed powders such as iron, Aluminium, copper, steel, bronze, tin, etc. This technique uses high pressure fluid jets to disperse molten metal stream into fine droplets, which then solidifies into fine particles. There are various types of atomization processes such as water atomization, gas atomization, centrifugal atomization, ultrasonic atomization, etc.

Some of the key market players in the global atomizing metal powder include Höganäs AB; JFE GROUP; Sandvik AB; GKN Sinter Metals Engineering GmbH; Advanced Technology & Materials Co., Ltd; KOBE STEEL, LTD.; Kymera International; Makin Metal Powders (UK) Ltd; MITSUI MINING & SMELTING CO., LTD.; Pometon S.p.A.; m-tec powder GmbH; among others.   These market players are highly focused towards developing high-quality and innovative products to fulfill the customer’s requirements.

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