A
recent report released by the leading market research firm
Transparency Market Research studies the global power metallurgy
market in detail and presents insights into the growth drivers and
restrains that are likely to impact the overall growth of the market.
The report is titled “Powder Metallurgy Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and
is available on the company website for sale.
Based
on in-depth findings, the report pegs the value of the global
metallurgy market at US$6.06 bn in 2013. Exhibiting a positive CAGR,
the market, according to the report, will reach US$8.7 bn by 2020.
Powder metallurgy is used for processing powdered feedstock, which is
an important element used in the manufacture of various components.
Powder metallurgy boasts many such diverse applications that have
helped the market gain momentum in the last few years.
Browse
full Powder Metallurgy Market report at
:http://www.transparencymarketresearch.com/powder-metallurgy-industry.html
Powder
metallurgy is a crucial element extensively used across heavy
industries. The demand for powder metallurgy from the aerospace
industry, in particular, has increased in the last few years. Since
powder metallurgy is cost-effective, its use across industries has
steadily increased over the years. Economic strategies deployed by
emerging nations to fuel their automotive industries have
subsequently fuelled the demand from the global powder metallurgy
market as well. The automotive industry in the U.S., according to the
report, has also contributed significantly to the development of the
thriving powder metallurgy market in the country.
Among
the products manufactured by the powder metallurgy industry, the
report cites the ferrous powder segment as the most prominent
contributor to the market’s growth. The findings of the study have
revealed that in 2013, the ferrous powder segment held 80% of the
overall market. Growing demand for products manufactured using
ferrous powders, particularly from the automotive industry, has
significantly aided the rise of the global powder metallurgy market.
Since powder metallurgy consumes less energy and is available at a
reasonable price, it is increasingly used in electronics and
electrical applications. The report includes an in-depth evaluation
of economic factors and other drivers that are boosting the growth
prospects of the global powder metallurgy market.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3468
The
key regional segments of the global powder metallurgy market include
Asia Pacific, Europe, North America, and Rest of the World. Of these,
Asia Pacific occupied over 46% of the global powder metallurgy market
in 2013. The regional market is also expected to exhibit the fastest
growth in terms of both consumption and production. North America and
Europe follow Asia Pacific in terms of demand for powder metallurgy.
The report states that the North America powder metallurgy market
will exhibit a positive CAGR of 4.0% between 2014 and 2020.
Powder
Metallurgy Market - Product Segment Analysis
- Ferrous
- Non-ferrous
- Others (Including metal matrix composites and cemented carbides)
Powder
Metallurgy Market - Application Analysis
- Automotive
- Electrical and electronics
- Industrial
- Others (Including medical and energy)
Powder
Metallurgy Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/powder-metallurgy-industry.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Sudip . S
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
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