South America Atomizing Metal Powder Market

Market Introduction

SAM includes countries, including Brazil, Argentina, and the rest of SAM. SAM is another region contributing to the growth of atomizing metal powder. The atomizing metal powder market in SAM is primarily driven by its high use by the end-use industries. The increasing demand for additive manufacturing in the automotive, medical, and aerospace & defense industries is predicted to propel the atomizing metal powder market in the region. Large-scale original equipment manufacturers (OEMs), particularly in the aircraft sector, are investing in metal 3D printing to produce aeronautical parts, which is thereby anticipated to positively influence the atomizing metal powder market growth. Further, the automotive sector is widely using powder metallurgy to produce a remarkably assorted range of structural parts for engines, clutches, transmissions, exhaust, starters, transfer cases, brakes, shock absorbers, steering coluMillions and racks, comfort, and safety systems (sunroofs, rear-view mirrors, heating, ventilation, and air conditioning (HVAC), etc.), and others. Thus, the growing demand for additive manufacturing and metallurgy is anticipated to boost the market growth in the region. Moreover, SAM has a nascent share, but with the increasing presence of global and local market players, coupled with increasing research & development activities by these market players are anticipated to drive the atomizing metal powder market in the region. The rise in investment in research & development activities, along with technological innovation related to atomizing metal powder, is anticipated to drive the growth of the atomizing metal powder market in the region.

In case of COVID-19, SAM is highly affected especially Brazil, which got the highest number of COVID-19 cases, followed by Argentina, Colombia, Peru, Chile, among others. The governments in SAM have taken an array of actions to protect their citizens and combat the spread of COVID-19 virus through lockdowns, trade bans, and travel restrictions. This may have an impact upon the growth of the atomizing metal powder market. In some areas of Brazil, the levels of vehicle production are almost back to the levels of prior years. The ongoing pandemic has drastically altered the status of the chemical and materials sector and negatively impacted the growth of the atomizing metal powder market. The implementation of measures to combat the spread of the virus has aggravated the situation and has impacted the growth of several industrial sectors. Industries such as automotive, electronics, etc. have been impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden closure of national and international boundaries. The significant decline in the growth of the several industrial sectors significantly impacted the demand for atomizing metal powder across SAM region.

South America Atomizing Metal Powder Strategic Insights

Strategic insights for the South America Atomizing Metal Powder provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Atomizing Metal Powder Report Scope

South America Atomizing Metal Powder Regional Insights

The geographic scope of the South America Atomizing Metal Powder refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The SAM atomizing metal powder market is expected to grow from US$ 40.23 million in 2021 to US$ 50.02 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028.  Atomization is the most common method for producing metal powders. A variety of industrial and research approaches are included in the general types of atomization procedures. There are numerous processes in producing atomized powders, each subjecting to a metal powder to different processing regimes. As a result, it becomes very crucial to match powder properties to a specific application or equipment. Moreover, there is an increasing emphasis on atomizing equipment to produce dedicated additive manufacturing powders to meet customer requirements around morphology, purity, and particle size distribution. Many manufacturers in the market also focus on offering standard and custom metal powders that deliver qualities, which meet the needs of customers for specific applications. Thus, growing importance of standard and customized powders for specific application will provide more growth opportunities for the SAM market growth.

Key Market Segments

In terms of product, the atomizing iron powder segment accounted for the largest share of the SAM atomizing metal powder market in 2020. In terms of application, the coating and decorations segment held a larger market share of the SAM atomizing metal powder market in 2020.  

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM atomizing metal powder market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are GKN Sinter Metals Engineering GmbH; Höganäs AB; JFE GROUP; KOBE STEEL, LTD.; Kymera International; Makin Metal Powders (UK) Ltd; MITSUI MINING & SMELTING CO., LTD.; and Sandvik AB among others.    

Reasons to buy report

• To understand the SAM atomizing metal powder market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM atomizing metal powder market
• Efficiently plan M&A and partnership deals in SAM atomizing metal powder market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM atomizing metal powder market  
• Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region. 

SAM Atomizing Metal Powder Market Segmentation

SAM Atomizing Metal Powder Market - By Product

• Atomizing Iron Powder
• Atomizing Copper Powder
• Atomizing Steel Powder
• Atomizing Aluminium Powder
• Others

SAM Atomizing Metal Powder Market -

By Application

• Metallurgy
• Coating and Decorations
• Electronic Materials
• Sintered Parts
• Diamond Cutting Tools
• Additive Manufacturing
• Others

SAM Atomizing Metal Powder Market - By Country

• Brazil
• Argentina 
• Rest of SAM   

SAM Atomizing Metal Powder Market - Company Profiles 

• GKN Sinter Metals Engineering GmbH
• Höganäs AB
• JFE GROUP
• KOBE STEEL, LTD.
• Kymera International
• Makin Metal Powders (UK) Ltd
• MITSUI MINING & SMELTING CO., LTD.
• Sandvik AB