Home > Chemicals & Materials > Metalworking > Sintered Steel Market

Sintered Steel Market Share

Report ID: GMI11584
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Sintered Steel Market Share

The global market features strong competition among key players such as GKN Powder Metallurgy, Höganäs AB, and The Miba Group. GKN Powder Metallurgy excels with its innovative solutions, serving the automotive and industrial sectors with advanced components. Its focus on sustainability and energy-efficient production strengthens its market position. Höganäs AB, a leader in metal powders, uses its strong R&D capabilities to deliver high-quality products for automotive, electronics, and industrial applications. The Miba Group specializes in precision components, offering tailored solutions for the automotive and energy sectors. These companies drive technological advancements and maintain a competitive edge.

Sintered Steel Market Companies

Major players operating in the sintered steel industry include:

Allied Sinterings, Inc.
AMES Sintering Metallic Components
ASCO Sintering Co.
GKN Powder Metallurgy
Hoganas AB
PSM Industries
Schunk Sinter Metals
Sintercom India Ltd
Sintercom India Ltd.
Sumitomo Electric Industries Limited
The Miba Group

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for sintered steel was valued at approximately USD 23.5 billion in 2023 and is expected to reach USD 32.1 billion by 2032, indicating a CAGR of over 3.6% between 2024 and 2032, driven by increasing demand from the automotive and industrial sectors.

The automotive industry generated approximately USD 11.3 billion in revenue from sintered steel components in 2023, highlighting its critical role in automotive manufacturing.

Asia Pacific leads the market, generating USD 9.4 billion in revenue in 2023. Key factors include a robust manufacturing base and strong demand from the automotive and industrial sectors.

Major players in the market include Allied Sinterings, AMES Sintering, GKN Powder Metallurgy, and Höganäs AB, among others, contributing significantly to market dynamics and innovation.