Powder Metallurgy Parts Market Growth and Trends, Analysis And Forecast to 2033

The Powder Metallurgy Parts by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033)

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According to The Business Research Company’s Powder Metallurgy Parts, The powder metallurgy parts market size has grown strongly in recent years. It will grow from $24.9 billion in 2023 to $26.65 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to automotive industry demand, cost-effective manufacturing, metal powder innovations, environmental sustainability, expansion of end-use industries.