DUBLIN--(BUSINESS WIRE )--The "Powder Metallurgy: Global Markets" report has been added to ResearchAndMarkets.com's offering.

This report analyzes the global and regional markets for P/M parts as well as powders, including manufacturer capability and demand in the regional markets. It also examines industry standards, government and industry support, and other key factors related to the upcoming demand in the P/M industry.

Market drivers within the industry are identified. To make the report more informative, the publisher has given market data from 2020 through 2027.

Technological issues and trends are projected, and other influences are discussed. Furthermore, this report is based on future scenarios such as pessimistic, optimistic and consensus, while forecasts provide information for the consensus scenario.

In this report, the publisher has also considered the impact of the COVID-19 pandemic on the global as well as regional market. All market values are in millions of U.S. dollars; volume is in thousands of metric tons, and the market value and volume are calculated as a nominal value.

The powder metallurgy (P/M) industry was severely affected by the 2008-2009 recession, most notably due to the steep decline in automotive production, but it recovered and surpassed pre-recession levels. In 2020, the COVID-19 pandemic impacted the growth of the powder metallurgy business; however, end-use industries are starting to bounce back again to their original growth trends.

The Asia-Pacific region is projected to grow at a faster growth rate relative to that of other regions such as Europe and North America. China is the biggest contributor in the Asia-Pacific region because it has the highest manufacturing capacity to produce vehicles, industrial machinery and other products. In addition, rapid industrialization and greater availability of resources and labor are the key drivers of growth for this region.

Chapter 3 Technology and Market Background

Chapter 4 Global Powder Metallurgy Market

Chapter 5 Regional Powder Metallurgy Markets

Chapter 6 Business Opportunities in Powder Metallurgy Market

For more information about this report visit https://www.researchandmarkets.com/r/jl9c3x

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900