The global steel powder market report released by Global Market Monitor defines the market share of the global steel powder market and predicts the future profit range of the steel powder market, including compound annual growth rates. This report identifies the driving factors and constraints of the global steel powder market through analysis of trends, opportunities and challenges.
Steel powder is an indispensable metal raw material for the national economy, especially for the machinery manufacturing industry. Steel powder is mainly used in powder metallurgy, welding rod production, flame cutting and cleaning, magnetic field, xerography, electric power industry, food industry, medicine, chemical industry and other industries.
Economic development plays a vital role in increasing the demand for steel powder in the global market. In developing countries, the key parameter that determines the growth of the steel powder market is consumption growth. It is estimated that rising GDP (PPP) in emerging markets such as China, India and Brazil will drive demand for steel powder.
Population growth, consumer awareness, changes in consumer lifestyles and preferences, urbanization, and economic development have had a great impact on the steel powder market and promoted the demand for sustainable products. These factors have directly led to an increase in consumer disposable income and promoted the demand for steel powder in these areas. In terms of regions, the growing demand for steel powder in emerging economies such as China is expected to promote the development of the global steel powder market. Consumer preferences in emerging countries such as China, India, Brazil, and Southeast Asian countries are changing, and practitioners should make careful considerations based on different market trends. In addition, the advancement of powder metallurgy technology will eventually promote the development of the steel powder market, because technological progress and economic scale process enables aluminum to be widely used, which greatly reduces the production cost of steel powder.
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The Major Players Profiled in This Report Include:
AK Steel Holding
Metal Powder Products
Laiwu Iron&Steel Group
Wuhan Iron&Steel Group
Type Outlook (Revenue, USD Million; 2014-2026):
Stainless Steel Powder
Alloy Steel Powder
General Steel Powder
Application Outlook (Revenue, USD Million; 2014-2026):
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In developed countries such as Europe and North America, the steel powder market has matured. The main reason behind this is the high disposable income. The Asia-Pacific region is the fastest-growing region in the steel powder market and is expected to have a compound annual growth rate of 5.01% during the forecast period.
Steel Powder Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Steel Powder Market by Types
Chapter 4 Segmentation of Steel Powder Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Steel Powder Market in Major Countries
Chapter 7 North America Steel Powder Landscape Analysis
Chapter 8 Europe Steel Powder Landscape Analysis
Chapter 9 Asia Pacific Steel Powder Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Steel Powder Landscape Analysis
Chapter 11 Major Players Profile
11.1.1 Hoganos Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Rio Tinto
11.2.1 Rio Tinto Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 AK Steel Holding
11.3.1 AK Steel Holding Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Steel Powder Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Steel Powder Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Steel Powder Market?
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