Germany Metal Powder Market Size & Outlook, 2020-2027
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Germany metal powder market highlights
- The Germany metal powder market generated a revenue of USD 571.3 million in 2020 and is expected to reach USD 1,091.9 million by 2027.
- The Germany market is expected to grow at a CAGR of 9.7% 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.
Metal powder market data book summary
| Market revenue in 2020 | USD 571.3 million |
| Market revenue in 2027 | USD 1,091.9 million |
| Growth rate | 9.7% (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, Germany accounted for 11.4% 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 Europe, Germany metal powder market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,091.9 million by 2027.
Press & sinter was the largest segment with a revenue share of 46.75% in 2020. Horizon Databook has segmented the Germany metal powder market based on press & sinter, metal injection molding, additive manufacturing covering the revenue growth of each sub-segment from 2016 to 2027.
The metal powder market in Germany has been witnessing consistent mergers & acquisitions as new players are trying to enter the market and old players are focused on increasing their market share. For instance, in March 2020, Acerinox, S.A., one of the leading stainless-steel manufacturers, acquired VDM Metals GmbH, a German-based metal powder manufacturer, USD 625 million.
The new entity is projected to focus on high-performance stainless steel and nickel alloy products. In another transaction, Japanese Sumitomo Electric Industries Co., Ltd. (SEI) acquired 100% stakes of Germany-based powder metal part manufacturers, namely Sinterwerke Herne GmbH and Sinterwerke Grenchen AG, in May 2019.
Germany is the largest manufacturing country in Europe. As a result, it dominated the European metal powder market in 2019. Germany is among the global leaders in additive manufacturing and has secured a top position when it comes to industrialization and adoption of additive manufacturing
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Metal Powder Market Scope
Metal Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoganas | View profile | 1001-5000 | Höganäs, Skane Lan, Sweden, Europe | https://www.hoganas.com |
| RUSAL | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.rusal.ru |
| Flywheel Advanced Technology Inc | View profile | 2 | 123 West Nye Lane, Suite 455, Carson, NV, United States, 89706 | |
| Rio Tinto PLC ADR | View profile | 57174 | 6 St James’s Square, London, United Kingdom, SW1Y 4AD | https://www.riotinto.com |
| MP Materials Corp Ordinary Shares - Class A | View profile | 681 | 1700 S. Pavilion Center Drive, 8th Floor, Las Vegas, NV, United States, 89135 | https://www.mpmaterials.com |
| Sandvik AB | View profile | 40614 | Kungsbron 1, Section G, Floor 6, Stockholm, Sweden, 111 22 | https://www.sandvik.com |
Germany Technology - Metal Powder Market size, 2020 - 2027 (US$M)
Germany Metal Powder Market Outlook Share, 2020 & 2027 (US$M)
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