Powder Metallurgy Market Size, Share, Industry Growth, Report and Forecast to 2022-2027
According to the latest report by IMARC Group, titled “ Powder Metallurgy Market : Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the global powder metallurgy market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global powder metallurgy market reached a value of US$ 2.58 Billion in 2021 . Looking forward, IMARC Group expects the market to reach a value of US$ 4.63 Billion by 2027 exhibiting a CAGR of 9.80% during 2022-2027 . Powder metallurgy (PM) refers to advanced metal-forming techniques to fabricate various metallic materials or components by heating compacted metal powders. It involves blending the fine powder, pressing it into a desired shape or form, and heating the compressed material in a controlled atmosphere for bonding. It offers several benefits in shape complexity, material utiliza...