Europe Metal Powder Market Size & Outlook, 2020-2027

The metal powder market in Europe is expected to reach a projected revenue of US$ 2,685.9 million by 2027. A compound annual growth rate of 8.7% is expected of Europe metal powder market from 2021 to 2027.
Revenue, 2020 (US$M)
$1,496.9
Forecast, 2027 (US$M)
$2,685.9
CAGR, 2021 - 2027
8.7%
Report Coverage
Europe

Europe metal powder market highlights

  • The Europe metal powder market generated a revenue of USD 1,496.9 million in 2020.
  • The market is expected to grow at a CAGR of 8.7% 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.
  • Country-wise, Germany is expected to register the highest CAGR from 2021 to 2027.


Europe data book summary

Market revenue in 2020USD 1,496.9 million
Market revenue in 2027USD 2,685.9 million
Growth rate8.7% (CAGR from 2020 to 2027)
Largest segmentPress & sinter
Fastest growing segmentAdditive Manufacturing
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPress & Sinter, Metal Injection Molding, Additive Manufacturing
Key market players worldwideFlywheel 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, Europe region accounted for 29.8% of the global metal powder market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,558.4 million by 2027.

Press & sinter was the largest segment with a revenue share of 54.77% in 2020. Horizon Databook has segmented the Europe metal powder market based on press & sinter, metal injection molding, additive manufacturing covering the revenue growth of each sub-segment from 2016 to 2027.


Stringent regulations to achieve fuel efficiency in the European countries are expected to propel the demand for lightweight powder metal components in aerospace & applications. This has resulted in increased penetration of aluminum compared to titanium products in non-ferrous segment.

However, ferrous segment dominated the market with a volume share of 88.4% in 2019, on account of bulk demand for iron and steel-based sintered parts in automotive applications. Growing number of small & medium-sized companies in additive manufacturing sector is expected to propel the metal powder market growth in the long term.

According to AMFG, a leading European player engaged in providing automation software for additive manufacturing, Europe has the greatest number of additive manufacturing firms. According to the company, about 55% of the total additive manufacturing firms across the globe are present in Europe.

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Europe metal powder market size, by country, 2016-2027 (US$M)

Europe Metal Powder Market Outlook Share, 2020 & 2027 (US$M)

Europe metal powder market size, by country, 2016-2027 (US$M)

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