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Global Powder Metallurgy (PM) Market: Industry Analysis, Size, Share, Trends and Forecast, 2013 - 2019(PR Web Via Acquire Media NewsEdge) (PRWEB) July 28, 2014 Powder Metallurgy (PM) is a method of mixing fine powdered metals or alloy materials and compressing them into a desired form or shape and then heating it in a controlled environment to bond the compressed material. The process generally involves four steps, viz., powder manufacturing, blending, compacting and sintering. The highly precise forging capability of PM helps build components with net shape, dimensional precision and elaborate features. Request for customization of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1944. The key driver for PM is their large application base in the automotive industry and majority of applications worldwide for this technology are directed at automotive industry. PM offers enhanced performance and better design flexibility as compared to traditional metal working techniques such as casting, forging or extrusion. Increased choices as well as high quality of metal powders offers a wide variety of PM materials to cater to the specialized necessities of parts such as bearings, gears, bushings and pistons, utilized in various industries, including automotive, aerospace and medical. The global PM market has been witnessing rising commercialization of technologies. However, the growing number of low-cost vendors might pose a challenge to the growth of PM market. Changing lifestyle and increasing disposable income of consumers in countries such as China and India is expected to affect the automotive industry in this region. Furthermore, increased regulations on emission control, especially in developed economies of Europe and North America is expected to drive the PM market. Moreover, reduction of carbon footprint of automobiles requires better light weight parts, which subsequently is expected to be a driving factor for the growth of the market. In addition, there is an increasing scope of application of powder metallurgy processes as manufacturers are looking at replacing traditional methods of casting, forging and extrusion due to the lower tooling costs and high-speed production. Some of the major manufacturers in the thermoformed plastic industry include GKN plc, H.C. Starck GmbH, Hoganas AB and Metaldyne LLC Allegheny Technologies Inc. Other key vendors include Bohler-Uddeholm AG, Federal Mogul In., Carpenter Technology Corp. Fine Sinter Co Ltd., Sandvik AB, Hitachi Powdered Metals Co. Ltd. and SMC Powder Metallurgy Inc. This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include • North America • Asia Pacific • Europe • Rest of the World This report provides comprehensive analysis of • Market growth drivers • Factors limiting market growth • Current market trends • Market structure • Market projections for upcoming years Early buyers will receive 10% customization on this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1944 This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report • This report provides pin-point analysis for changing competitive dynamics • It provides a forward looking perspective on different factors driving or restraining market growth • It provides a technological growth map over time to understand the industry growth rate • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow • It helps in understanding the key product segments and their future • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments • It provides distinctive graphics and exemplified SWOT analysis of major market segments More reports on: https://www.linkedin.com/today/author/73190868. Read the full story at http://www.prweb.com/releases/2014/07/prweb12050394.htm (c) 2014 PRWEB.COM Newswire |