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Powder Metallurgy: Asia-Pacific Markets to 2023

Published By :

BCC Research

Published Date : Jan 2019

Category :

Materials

No. of Pages : 109 Pages

"Summary

Powder metallurgy is an advanced metal-forming technology that popularly uses metallic and ceramic powders for manufacturing materials. The manufacturing technology has attracted considerable interest among numerous end-use industries, more notably automotive and medical, to produce precision materials of complex geometries.  Powder metallurgy technique has gathered steam in the Asia Pacific markets for the mass production of materials that would not otherwise be possible using conventional ingot metallurgy. Over the past several years, the technology has gained traction in the automotive industry to design high-performance automotive parts at scale. In many of its applications, it is considered as a green technology. Growing use of the technique to mass produce powder metallurgy precision parts is a case in point. The reason why this has generated substantial interest is its economy in manufacturing complex-shaped parts and at commercial scale. 

Ceaseless advances in metal-forming technologies will open powder metallurgy to emerging especially niche applications by helping the industry to produce materials with better mechanical and physical properties. A case in point is the vast potential the metal injection molding technology holds in manufacturing of medical devices and surgical implants. In the next few years, industry players in the Asia Pacific markets will assess the potential of powder metallurgy for designing porous implants with increased fixation properties. Growing number of biomedical applications of the technology will open exciting possibilities for market players over the next ten years. Powder metallurgy technique using Co-based alloys or Ti alloys holds special potential in biomedical applications in the Asia Pacific markets.

Powder metallurgy is the science of fabricating components with metal powders as their starting material. Powder metallurgy processes differ from conventional metallurgy processes such as melting and pouring, casting, drawing, forming, cutting, machining, welding, extrusion, forging and other related processes. In conventional metallurgy, the metal or alloy is always in a continuous physical form and is made into various shapes and articles using the above-mentioned processes. In case of PM, these processes are replaced by new and easier methods such as blending, compacting and sintering. One of the major drawbacks of conventional metallurgy process is the phase rule, which dictates what
ratios of specific elements can coexist in solid or liquid phase together in one continuum. This drawback is completely eliminated when the metal powders are handled through the powder metallurgy process. Powder metallurgy is sometimes referred to as the chip-less process, meaning there is zero waste of materials. This is due to the absence of machining operations compared to conventional metallurgical processes. Powder metallurgy (PM) is a cost-effective process for forming metal parts by heating compacted metal powders to just below their melting points. PM production methods can be used to fabricate numerous parts with complex shapes that meet demanding specifications. Unlike conventional machining, PM creates very little scrap or waste.

Most parts produced using the PM process weigh less than five pounds, while parts weighing as much as 35 pounds can be fabricated with conventional PM equipment. Many early parts produced by PM, such as bushings and bearings, were simple shapes, but todays sophisticated PM processes can economically produce components with complex contours and multiple levels.

Despite their small size, PM-produced parts are strategically important to the automotive, aircraft, hardware, instrumentation, oil and gas well-drilling equipment, and off-road tractor industries. A typical automobile contains more than 40 pounds of PM parts. Parts such as aircraft engine turbines, power tools, surgical instruments, riding lawn mowers, etc. depend on the PM process for their formation and strength.

The Asia-Pacific powder metallurgy (PM) industry, which was affected by the 20082009 recession, most notably due to the steep decline in automotive production, recovered and surpassed pre-recession levels. In 2017, the Asia-Pacific PM parts and components market exceeded REDACTED with a value of more than REDACTED.

BCC Researchs projections indicate that the PM market in Asia-Pacific will exceed REDACTED in 2018 with a value of REDACTED and reach nearly REDACTED (REDACTED) by 2023. These figures represent a CAGR of REDACTED in volume terms and an REDACTED rise in market value between 201 8 and 2023."

"Report Scope:

This report analyzes the PM industry of Asia-Pacific, including the manufacturing capability and consumption associated with the regions major countries. It also examines industry standards, government and industry support, and other key factors related to the success of PM.

Market drivers within the industry are identified. The quantity and value of various powders and parts shipments are projected from 2017 to 2018, and then over a five-year period from 2018 to 2023. Technological issues and trends are projected, and other influential factors are discussed.

The report identifies major manufacturers of powder metal and other related materials, including ceramics and nanopowders, special alloys and metal matrix composites. It also includes companies that make parts and components for automotive products, industrial and tooling equipment, recreation and hobby items, appliances, business machines and other products.

Report Includes:

- 27 data tables and 21 additional tables
- Country specific data and analysis of powder metallurgy for China, India, Japan, South Korea and other emerging economies within the APAC region
- Technological assessment of the powder metallurgy industry at a regional level covering Asia-Pacific, including manufacturing capability and consumption by regional markets
- Information on industry standards, government and industry support, and other key factors related to the success of powder metallurgy
- Identification of major manufacturers of powder metal and other related materials, including ceramics and nanopowders, special alloys and metal matrix composites
- Company Profiles of major manufacturers and suppliers of parts and components for automotive products, industrial and tooling equipment, recreation and hobby items, appliances, business machines and other products including BASF, Epson Atmix Corp., GKN Sinter Metals, Hitachi Chemicals Co. Ltd. and Mitsubishi Material Corp."

Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Overview
Chapter 3 Technology and Market Background
Technology
History
Powder Metallurgy Process
Powder Metallurgy Applications
Industry and Trade Support
Standards Development
Chapter 4 Market Dynamics
Asia-Pacific Powder Metallurgy Market: Growth Drivers
Trends in Motor Vehicle Production (Global and Asia-Pacific)
Shift Toward Lightweight Technology
Mass Production of Complex-Shaped Products
Market Restraints
Impact of Electric Vehicles on PM Parts
Market Opportunities
Hybrid Electric Vehicles Presenting Significant Market Opportunity for PM Parts
Chapter 5 Asia-Pacific Powder Metallurgy Market
Asia-Pacific Powder Metallurgy Market by Material
Iron-Based PM Market Assessment
Iron-Based Metal Powder Characteristics and Properties
Iron-Based Powder Metallurgy Applications
Copper-Based PM Market Assessment
Copper-Based Metal Powder Characteristics and Properties
Copper-Based Powder Metallurgy Applications
Particulates and Other Advanced Materials
Properties
Applications
Asia-Pacific Powder Metallurgy Market by Application
Asia-Pacific Powder Metallurgy Market by Country
Japan
India
China
Chapter 6 Industry Structure
Industry Structure
Producers of Metal Powders and Other Raw Materials
Makers of Process Equipment and Tooling
PM Component Fabricators
Market Leaders
Leading Parts and Component Fabricators
Leading Metal Powder Producers
Leading Iron Powder Producers
Chapter 7 Company Profiles
ACUPOWDER INTERNATIONAL
ADVANCED MATERIALS TECHNOLOGIES PTE LTD.
ADVANCED METALWORKING PRACTICES LLC
ALPHA SINTERED METAL INC.
BASF
BORGWARNER INC.
CAPSTAN CALIFORNIA
CARPENTER TECHNOLOGY CORP.
CHICAGO POWDER METAL PRODUCTS
DORST TECHNOLOGIES
EPSON ATMIX CORP.
ERASTEEL
EXONE CO.
FEDERAL-MOGUL CORP.
FINE SINTER CO. LTD.
FUKUDA METAL FOIL AND POWDER CO. LTD.
GKN SINTER METALS
H.C. STARCK
HITACHI POWDERED METALS CO. LTD.
HITACHI CHEMICALS CO. LTD.
HOEGANAES CORP.
HGANS AB
JIANGXI YUEAN SUPERFINE METAL CO. LTD.
KENNAMETAL INC.
METAL POWDER PRODUCTS CO.
METALYSIS LTD.
MIBA AG
MITSUBISHI MATERIALS CORP.
NIPPON PISTON RING CO. LTD.
NTN ADVANCED MATERIALS CORP.
OBE GMBH
OPTOMEC
RAINBOW MING INDUSTRIAL CO.
SANDVIK MATERIALS TECHNOLOGY
STACKPOLE INTERNATIONAL
SUMITOMO ELECTRIC INDUSTRIES LTD.
TLS TECHNIK GMBH & CO.
VDM ALLOYS

List of Table

List of Tables
Summary Table : Asia-Pacific Powder Metallurgy Market, by Material, Through 2023
Table 1 : Continuous-Sintering Furnaces, by Type
Table 2 : Basic Hot Isostatic Pressing Process
Table 3 : Basic Cold Isostatic Pressing Process
Table 4 : Basic Metal Injection Molding Process
Table 5 : Warm Compacting Process
Table 6 : Metals Used in Additive Manufacturing
Table 7 : Secondary Operations
Table 8 : Water and Gas Atomization Process Comparisons
Table 9 : Particulate Materials
Table 10 : Commonly Used Advanced Ceramic Materials
Table 11 : End Products That Use Powder Metallurgy Parts
Table 12 : Major Objectives of the Powder Metallurgy Association of India
Table 13 : Global Motor Vehicle Production, Through 2023
Table 14 : Comparison of World Motor Vehicle Production vs. Asia-Pacific Motor Vehicle Production
Table 15 : Projections for Penetration of HEV and PHEV/EV in Vehicle Sales
Table 16 : Estimated Impact on PM Part/PM Bearing Market Loss Due to EV
Table 17 : Asia-Pacific Powder Metallurgy Market Volume, by Material, Through 2023
Table 18 : Asia-Pacific Powder Metallurgy Market, by Material, Through 2023
Table 19 : Standard U.S. Sieve Sizes
Table 20 : Physical Characteristics of Commercial Iron-Based Powders
Table 21 : Composition of Sintered Automotive Steel Structural Component Materials
Table 22 : Representative Automotive Applications for Powder Metallurgy Parts
Table 23 : Advantages of Powder Metallurgies in Automotive Applications
Table 24 : Primary Advantages of Copper Powder
Table 25 : Alloys with High Carbon Content
Table 26 : Methods for Making Nanopowders
Table 27 : Particulate and Other Advanced Material Applications
Table 28 : Asia-Pacific Powder Metallurgy Market Volume, by Application, Through 2023
Table 29 : Asia-Pacific Powder Metallurgy Market, by Application, Through 2023
Table 30 : Asia-Pacific Powder Metallurgy Market Volume, by Country/Region, Through 2023
Table 31 : Asia-Pacific Powder Metallurgy Market, by Country/Region, Through 2023
Table 32 : Japanese Powder Metallurgy Market Volume, by Material, Through 2023
Table 33 : Japanese Powder Metallurgy Market, by Material, Through 2023
Table 34 : Japanese Powder Metallurgy Market Volume, by Application, Through 2023
Table 35 : Japanese Powder Metallurgy Market, by Application, Through 2023
Table 36 : Indias Powder Metallurgy Market Volume, by Material, Through 2023
Table 37 : Indias Powder Metallurgy Market, by Material, Through 2023
Table 38 : Indias Powder Metallurgy Market Volume, by Application, Through 2023
Table 39 : Indias Powder Metallurgy Market, by Application, Through 2023
Table 40 : Chinese Powder Metallurgy Market Volume, by Material, Through 2023
Table 41 : Chinese Powder Metallurgy Market, by Material, Through 2023
Table 42 : Chinese Powder Metallurgy Market Volume, by Application, Through 2023
Table 43 : Chinese Powder Metallurgy Market, by Application, Through 2023
Table 44 : Asia-Pacific Powder Metallurgy Industry Structure, 2017
Table 45 : Market Shares of Leading Powder Metallurgy Component Manufacturers in Asia-Pacific, 2017
Table 46 : Leading Metal Powder Manufacturer Shares in Asia-Pacific, 2017
Table 47 : Leading Metal Powder Manufacturer Shares in Asia-Pacific, 2017

List of Chart

List of Figures
Summary Figure : Asia-Pacific Powder Metallurgy Market, by Material, 2017-2023
Figure 1 : Powder Metallurgy Process
Figure 2 : Global Motor Vehicle Production, 2000-2017
Figure 3 : Asia-Pacific Motor Vehicle Production, 2010-2017
Figure 4 : Fuel Economy of New Cars, by Region, 2010-2040
Figure 5 : Material Wastage and Energy Consumption and of Metal Manufacturing Processes
Figure 6 : Mechanical Properties of Various Manufacturing Processes
Figure 7 : Passenger Cars Fleet, by Type
Figure 8 : Asia-Pacific Powder Metallurgy Market, by Material, 2017-2023
Figure 9 : Asia-Pacific Powder Metallurgy Market, by Application, 2017-2023
Figure 10 : Asia-Pacific Powder Metallurgy Market Volume Share, by Country, 2017 and 2023
Figure 11 : Asia-Pacific Powder Metallurgy Market, by Country, 2018 and 2023
Figure 12 : Japanese Market Size, 2017-2023
Figure 13 : Production of Machine Parts and Bearings in Japan, 2008-2017
Figure 14 : Motor Vehicle Production in Japan, 2009-2017
Figure 15 : Indias Market Size, 2017-2023
Figure 16 : Iron-Based PM Market Share in India, 2017
Figure 17 : Copper-Based PM Market Share in India, 2017
Figure 18 : Motor Vehicle Production in India, 2009-2017
Figure 19 : Chinese Market Size, 2017-2023
Figure 20 : Motor Vehicle Production in China, 2009-2017
Figure 21 : Structure of PM Industry
Figure 22 : Market Shares of Leading Powder Metallurgy Component Manufacturers in Asia-Pacific, 2017
Figure 23 : Leading Metal Powder Manufacturer Shares in Asia-Pacific, 2017
Figure 24 : Leading Iron Powder Manufacturer Market Shares in Asia-Pacific, 2017

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