Sintered Steel Market: Growing Adoption of Additive Manufacturing


Posted June 20, 2023 by aishwaryammr

Sintered Steel Market size was valued at US$ 24.91 Bn. in 2021 and the total revenue is expected to grow at 4.7 % through 2022 to 2029, reaching nearly US$ 35.98 Bn.
 
Sintered Steel Market Overview:

The purpose of this report is to provide a thorough examination of the Sintered Steel Market by segments and geographics. The study goes into great detail on the primary factors influencing the Sintered Steel market's growth. The study also offers a comprehensive analysis of the market's value chain.

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Sintered Steel Market Scope:

The "Global Sintered Steel Market Analysis" is a detailed investigation of the Sintered Steel market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Sintered Steel market as well as detailed market segmentation by application, end-use, and geography. The Sintered Steel market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Sintered Steel players, as well as noteworthy industry trends and opportunities.

The research method used to assess and anticipate the Sintered Steel market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Sintered Steel market was calculated using the revenue of significant enterprises.

Sintered Steel Market Segmentation:

by Type

• Stainless Steel
• Carbon Steel
• Alloy Steel
• Tool Steel

The sintered steel market is divided into four types based on type: stainless steel, carbon steel, alloy steel, and tool steel.In 2021, the segment for tool steel had a sizable share of %. The expansion of this market is being driven by the rising demand for sintered steel across a wide range of end-use sectors, such as automotive, aerospace, industrial machinery, medical devices, and lawn and garden. High tensile strength, durability, and density are a few of tool steel's key advantages over other types of steel. The market demand for tool steel is being driven by a number of beneficial qualities of the material, such as better hardenability, greater impact strength, wear resistance, and toughness.

by Process

• Metal Injection Melding (MIM)
• Conventional Manufacturing
• Additive Manufacturing

The sintered steel market is further divided into Metal Injection Melding (MIM), Conventional Manufacturing, and Additive Manufacturing based on the manufacturing method.In 2021, the metal injection moulding (MIM) industry represented a sizable proportion of%. Due to its benefits, which include the ability to produce complicated parts in large quantities at a low cost, a shorter production cycle, the need for few finishing procedures, and the availability of a wide range of pre-alloys and master alloys.

by End-user

• Transportation
• Industrial
• Electrical
• Others

The sintered steel market is divided into four subsectors: transportation, industrial, electrical, and others.In 2021, the electrical segment had a sizable proportion of. As a low-cost, high-strength option that offers longevity and a range of design options, these items are growing in popularity. When compared to other premium materials, it offers economic advantages both in terms of pricing and durability due to its low maintenance needs and outstanding endurance. These reasons have led to an increase in its application in machinery parts, industrial machinery, hospitality equipment, and medical equipment.

by Application

• Engines
• Transmissions
• Body
• Chassis
• Drivetrain
• Electrical
• Others

The sintered steel market is divided into applications for engines, transmissions, bodies, chassis, drivetrains, electrical, and others.In 2021, the engines segment had a sizable share of %. Sintered components are used as automotive parts in the production of a variety of vehicles, including passenger vehicles, buses and coaches, HCVs, LCVs, two-wheelers, and so on. Sintered steel products and parts are used in a variety of industries, including engine, gearbox, body and chassis manufacture in the automotive and transportation industries.
Sintered steel is also utilised in numerous other industries, such as the production of industrial machinery, electronic and electrical components, and medical devices. The primary market for sintered steel is the automotive sector, where rapid technological improvement will increase demand for these goods.



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Sintered Steel Market Key Players:

The major players covered in the Sintered Steel market report are

• Acerinox S.A.
• AMES Sintering Metallic
• Aperam
• ArcelorMittal
• ASCO Sintering
• GKN PLC
• Hitachi Chemical
• JSCMS
• Mirach Metallurgy Co
• Nippon Steel
• Outokumpu
• POSCO
• RTI Industries
• Samvardhana Motherson
• Sandmeyer Steel
• Sandvik AB
• Schmolz
• Schunk Sinter Metals
• Sintercom India
• Sumitomo Electric
• Synalloy Corporation
• The Miba Group
• thyssenkrupp Stainless
• Viraj Profiles Limited

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Table of content for the E-commerce Logistics Market includes:

Global Sintered Steel Market: Research Methodology
Global Sintered Steel Market: Executive Summary
Market Overview and Definitions
Introduction to Global Sintered Steel Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Sintered Steel Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Sintered Steel Market Segmentation
Global Sintered Steel Market, by Type (2022-2029)
Global Sintered Steel Market, by Process (2022-2029)
Global Sintered Steel Market, by End-User (2022-2029)
Global Sintered Steel Market, by Application (2022-2029)
Regional Sintered Steel Market(2022-2029)
Regional Sintered Steel Market, by Type (2022-2029)
Regional Sintered Steel Market, by Process (2022-2029)
Regional Sintered Steel Market, by End-User (2022-2029)
Regional Sintered Steel Market, by Application (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Sintered Steel Market Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Sintered Steel Market:

Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Sintered Steel market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Sintered Steel industry,

Key Questions Answered in the Sintered Steel Market Report are:

Which segment grabbed the largest share in the Sintered Steel market?
What was the competitive scenario of the Sintered Steel market in 2021?
Which are the key factors responsible for the Sintered Steel market growth?
Which region held the maximum share in the Sintered Steel market in 2021?
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Issued By Aishwarya
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Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Technology
Tags sintered steel market , sintered steel market share , sintered steel market business
Last Updated June 20, 2023