Kings Research has unveiled its newest market intelligence report, “Global Atomizing Metal Powder Market: Size, Share, Trends & Forecast 2024–2031.” The study provides an in-depth assessment of market trends, key growth drivers, emerging opportunities, and competitive strategies shaping the global atomizing metal powder industry.
The global atomizing metal powder market, valued at USD 3,460.0 million in 2023, is projected to reach USD 3,649.7 million in 2024 and is expected to expand to USD 5,532.1 million by 2031. This represents a CAGR of 6.12% over the forecast period. The growth is mainly due to the increasing use of atomized metal powders in additive manufacturing, aerospace parts, and lightweight automotive materials. These industries need materials that are precise, durable, and high-performing.
Atomized metal powders are made using processes like gas, water, or plasma atomization. In these methods, molten metal is quickly cooled into fine particles. These powders are vital for additive manufacturing, powder metallurgy, and thermal spray coatings. The demand for high-quality, spherical metal powders is rising, as they flow better and pack more densely, which is key for precise manufacturing.
Kings Research identifies the following growth accelerators
- Advancements in Atomization Technologies: Innovations in gas and plasma atomization have enabled the production of finer, purer metal powders with particle sizes often below 45 microns. These high-quality powders meet the stringent requirements of aerospace, medical, and precision engineering industries (Source: https://ntrs.nasa.gov).
- Rising Demand in Additive Manufacturing: The proliferation of 3D printing technologies in aerospace, automotive, and healthcare has significantly increased the need for specialized metal powders. The National Institute of Standards and Technology (NIST) has been actively developing measurement standards and metrology tools to support metal additive manufacturing (Source: https://www.nist.gov).
- Automotive Industry's Shift Towards Lightweight Materials: With the focus on reducing vehicle weight to improve fuel efficiency and meet environmental regulations, aluminum and titanium powders are increasingly adopted. Research demonstrates their strength, corrosion resistance, and suitability for automotive lightweighting applications.
- Aerospace Sector's Need for High-Performance Materials: Aerospace components require powders that withstand extreme conditions. Gas and plasma atomization produce superalloys and titanium powders suitable for selective laser melting and other additive manufacturing processes, ensuring full densification and high dimensional accuracy.
- Regional Production Shifts: The establishment of metal powder facilities in Asia-Pacific, such as Singapore’s sustainable hub, has reduced transportation costs and lead times. This makes high-quality powders more accessible globally, supporting industrial adoption in aerospace, automotive, and healthcare.
For decision-makers—CIOs, CTOs, COOs—the atomizing metal powder market presents compelling opportunities
- Efficiency Gains: Advanced atomization techniques enable the production of high-quality powders with consistent properties, enhancing manufacturing efficiency.
- Cost Savings: Localized production facilities reduce transportation costs and lead times, contributing to overall cost savings.
- Scalability & Agility: The ability to produce a wide range of metal powders caters to diverse industry needs, allowing for scalable and agile manufacturing processes.
- Compliance & Risk Mitigation: High-quality metal powders meet industry standards and regulations, ensuring compliance and reducing operational risks.
- Innovation & Experience: Access to advanced materials fosters innovation in product development, enhancing customer and employee experiences.
Regional Outlook
- Asia-Pacific: The region is witnessing significant growth due to the establishment of metal powder production facilities, particularly in countries like China and India, which are emerging as key players in the global market.
- Europe: The regions continue to grow substantially, driven by the presence of established aerospace and automotive industries, which are major consumers of high-performance metal powders.
Competitive Landscape
Prominent companies are expanding via acquisitions, partnerships, and product launches. Key market players include Höganäs AB, GKN Powder Metallurgy, Kymera International, Sandvik AB, Mitsui Mining & Smelting Co., Ltd., Rio Tinto Metal Powders, Pometon S.p.A., Kobe Steel, Ltd., JFE Steel Corporation, Carpenter Technology Corporation, Epson Atmix Corporation, Sumitomo Electric Industries, Ltd., Daido Steel Co., Ltd., Atomising Systems Limited, and American Chemet Corporation.
The full Kings Research report provides detailed segmentation by product, application, and regional analysis. To request a sample, access the full report, or explore custom consulting services, please visit [https://www.kingsresearch.com/atomizing-material-powder-market-1727].
About Kings Research
Kings Research is a global provider of syndicated research reports and consulting services, helping organizations navigate emerging markets, assess opportunities, and make informed business decisions.
All market data are sourced from Kings Research proprietary analysis, validated against public releases and credible industry sources. Examples cited include National Aeronautics and Space Administration (ntrs.nasa.gov), National Institute of Standards and Technology (nist.gov), U.S. National Library of Medicine – National Center for Biotechnology Information (pmc.ncbi.nlm.nih.gov), and Singapore Economic Development Board (edb.gov.sg).