Brazil Metal Powder Market Size & Outlook, 2020-2027
Brazil metal powder market, 2016-2027 (US$M)
Related Markets
Brazil metal powder market highlights
- The Brazil metal powder market generated a revenue of USD 167.8 million in 2020 and is expected to reach USD 315.1 million by 2027.
- The Brazil market is expected to grow at a CAGR of 9.4% from 2021 to 2027.
- In terms of segment, press & sinter was the largest revenue generating technology in 2020.
- Additive Manufacturing is the most lucrative technology segment registering the fastest growth during the forecast period.
Metal powder market data book summary
| Market revenue in 2020 | USD 167.8 million |
| Market revenue in 2027 | USD 315.1 million |
| Growth rate | 9.4% (CAGR from 2020 to 2027) |
| Largest segment | Press & sinter |
| Fastest growing segment | Additive Manufacturing |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Press & Sinter, Metal Injection Molding, Additive Manufacturing |
| Key market players worldwide | Flywheel Advanced Technology Inc, Hoganas, MP Materials Corp Ordinary Shares - Class A, Rio Tinto PLC ADR, RUSAL, Sandvik AB |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.3% of the global metal powder market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil metal powder market is projected to lead the regional market in terms of revenue in 2027.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 315.1 million by 2027.
Press & sinter was the largest segment with a revenue share of 46.96% in 2020. Horizon Databook has segmented the Brazil metal powder market based on press & sinter, metal injection molding, additive manufacturing covering the revenue growth of each sub-segment from 2016 to 2027.
Brazil metal powder market is growing at a moderate pace as compared to other developed countries. One of the key reasons for the slow growth rate is that the technology requires relatively high investments as compared to other methods and local market players are not willing to invest in these additive manufacturing and metal injection molding technological companies.
Lack of additive manufacturing specialists in the country is another key challenge for the growth of Brazil metal powder market. However, stable demand for sintered parts is projected to keep up the momentum for the growth of metal powder market. Currently, the market players in Brazil are focused on providing solutions in research & development and prototyping.
Key fields such as medical and dental are attracting significant demand for metal powder products, wherein patient-centric solutions are high in demand. Companies such as EOS are expanding their customer base by delivering materials, systems, processes, and high-quality additive manufacturing parts.
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Metal Powder Market Scope
Metal Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil metal powder market size, by technology, 2016-2027 (US$M)
Brazil Metal Powder Market Outlook Share, 2020 & 2027 (US$M)
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