Metal Powder Market Projected To Raise At USD 10.18 Billion By 2030
San Francisco, 5 April 2024: The Report Metal Powder Market Size, Share & Trend Analysis Report By Materials (Ferrous & Non-Ferrous), By Technology (Press & Sinter, MIM, AM), By Application, By Region, And Segment Forecasts, 2024 - 2030 The global metal powder market size is anticipated to reach USD 10.18 billion by 2030 and is projected to grow at a CAGR of 7.3% from 2024 to 2030 according to a new report by Grand View Research, Inc. Growth of the aerospace & defense market is anticipated to propel the demand for products across the forecast period. A wide range of metals, including magnesium, aluminum, titanium, and nickel, are used in the aerospace industry. These materials are ideal for lighter structural elements due to their high strength to weight ratio. Thus, it is widely used in the production of aircraft and spacecraft components, like engines, turbines, heat exchangers, rocket snores, or structural elements. Based on technology, the press & sinter he