Metal Powder Market to be Worth $10.2 Billion by 2031

Metal Powder Market Size, Share, Forecast, & Trends Analysis by Metal Type (Ferrous, Non-Ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography – Global Forecast to 2031. The growth of the metal powder market is driven by increasing demand for additive manufacturing (AM) and an increased focus on recycling metal waste for the production of metal powder. However, the health hazards of using metal powder are a factor restraining the growth of this market.
Furthermore, the rising demand for lightweight parts across several end-use industries, and advancements in powder metallurgy are expected to generate growth opportunities for the stakeholders in this market. However, maintaining the quality and consistency of metal powders is a major challenge impacting the market’s growth.