Powder Metallurgy Market

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Powder Metallurgy MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Powder metallurgy market size is forecast to
  reach US10.6 billion by 2026, after growing at a
  CAGR of 7.8 during 2021-2026, as it provides a
  host of advantages over other competing metal
  powders forming technologies such as increased
  efficiency, cost-effectiveness, flexibility,
  consistency, and more.
• The recent advances in powder metallurgy
  manufacturing techniques continue to grow and
  expand the scope of applications in which powder
  metallurgy can be induced, which is also
  anticipated to propel the market of powder
  metallurgy. 

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• Key Takeaways
• Asia-Pacific dominates the powder metallurgy
  market, owing to the increasing demand and
  production of lightweight vehicles in the region.
  For instance, according to OICA, the production
  of passenger cars has increased by 2.6 in
  Malaysia in 2019.
• There are many cases in which powder metallurgy
  over casting has a strong benefit. The benefits
  of the powder metallurgy process are particularly
  apparent when dealing with high-value and
  high-melting-point materials, owing to which
  there is increasing adoption of powder metallurgy
  over die casting, which will propel the market
  growth.

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By Distribution Channel- Segment Analysis The
bearings segment held the largest share in the
powder metallurgy market in 2020 and is growing
at a CAGR of 7.4 during 2021-2026, owing to its
self-lubricating property. Bearings that are made
from powder metallurgy are known as self bearings
of sintered metal. They are economical, suitable
for high production rates, and precision
tolerances can be produced. The majorities of
porous-metal bearings consist of either bronze or
iron with pores that are interconnected. 
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• Powder Metallurgy Market Industry Outlook 
• Arcam AB,
• Carpenter Technology Corp.,
• ExOne GmbH,
• GKN Plc,
• Höganäs AB,
• Materialize NV,
• Melrose Industries PLC,
• Sumitomo Electric Industries, Ltd., and
• Hitachi Chemical Co., Ltd.

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Powder Metallurgy Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Powder-Metal
lurgy-Market-Research-503086
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id503086

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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