The United States Metal Powder Market Size & Outlook, 2027

Revenue, 2020 (US$M)

$1,258.5

Forecast, 2027 (US$M)

$2,466.6

CAGR, 2021 - 2027

10.1%

Report Coverage

U.S.

U.S. metal powder market, 2016-2027 (US$M)

Related Markets

Global Metal Powder Industry Outlook

North America Metal Powder Market Outlook

Europe Metal Powder Market Outlook

Germany Metal Powder Market Outlook

Italy Metal Powder Market Outlook

Spain Metal Powder Market Outlook

Asia Pacific Metal Powder Market Outlook

Japan Metal Powder Market Outlook

China Metal Powder Market Outlook

India Metal Powder Market Outlook

South Korea Metal Powder Market Outlook

Latin America Metal Powder Market Outlook

Brazil Metal Powder Market Outlook

MEA Metal Powder Market Outlook

U.S. metal powder market highlights

The U.S. metal powder market generated a revenue of USD 1,258.5 million in 2020 and is expected to reach USD 2,466.6 million by 2027.
The U.S. market is expected to grow at a CAGR of 10.1% 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 1,258.5 million
Market revenue in 2027	USD 2,466.6 million
Growth rate	10.1% (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, U.S. accounted for 25.0% 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 North America, U.S. metal powder market is projected to lead the regional market in terms of revenue in 2027.
U.S. is the fastest growing regional market in North America and is projected to reach USD 2,466.6 million by 2027.

Press & sinter was the largest segment with a revenue share of 46.26% in 2020. Horizon Databook has segmented the U.S. metal powder market based on press & sinter, metal injection molding, additive manufacturing covering the revenue growth of each sub-segment from 2016 to 2027.

In contrast to press & sinter, additive manufacturing (AM) and metal injection molding (MIM) observed positive growth in 2019. Press & sinter recorded a decline of 11.6% by volume, while in AM and MIM observed an increase of 6.9% and 35.9% respectively.

Growing penetration of AM is anticipated to remain a key driver for the metal powder demand. As per the Metal Powder Industries Federation, over 10 MIM manufacturers have shown interest in purchasing AM machines within the next 2 years.

metal powder market. In this sector, companies are rapidly undergoing expansion through various partnerships and joint ventures. In July 2020, Burloak Technologies and MDA Corporation signed a five-year agreement, to develop space applications using additive manufacturing. This deal is projected to help both companies optimize design and manufacturing capabilities over the coming years.

Key Regions: Japan , Brazil , Germany , Italy , Spain