Sintered Steel Market by Type (Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel), Process (Metal Injection Molding, Conventional, Powder Forged, Additive), End-user Industry, Application, Region - Global Forecast to 2024
[151 Pages Report] The global sintered steel market size is projected to grow from USD 23.6 billion in 2019 to USD 28.3 billion by 2024, recording a CAGR of 3.7% from 2019 to 2024. The high growth in the construction & transportation industry and electrical & electronics usage across regions is projected to drive the market growth. Factors such as the increasing technological advancement in the automotive sector, rising building & constructional activities, will drive the demand for sintered steel.
In terms of value & volume, the tool steel segment of grade is projected to grow at the highest CAGR from 2019 to 2025.
The tool steel segment of the sintered steel market is projected to grow at the highest CAGR during the forecast period, in terms of both value & volume. The growth of this segment can be attributed to the increasing demand for sintered steel in various end-use sectors, including automotive, aerospace, industrial machinery, medical devices, and lawn & gardens. One of the key advantages offered by tool steel is their high tensile strength, high durability, and density with respect to other types of steel.
In terms of value and volume, the electrical segment is estimated to lead the sintered steel market in 2019.
The electrical segment of the sintered steel market is projected to grow at the highest CAGR during the forecast period. These products are gaining popularity as an economical and high strength solution, offering durability along with varied design options. It provides cost advantages both in terms of price, as compared to other premium materials owing to its minimal maintenance requirements; and high durability. Such factors have contributed toward its increasing application in automotive parts, industrial machinery, hospitality, medical, and other machinery parts uses.
In terms of value and volume, the engine segment is estimated to lead the sintered steel market in 2019.
The electrical segment of the sintered steel market is projected to grow at the highest CAGR. Sintered steel products and parts have wide applications in various industries especially automotive/ transportation manufacturing of engines, transmissions, body & chassis, and other sintered components which are used as automotive parts in manufacturing different types of vehicles like passenger vehicles, buses & coaches, HCV, LCV, two-wheelers, etc.
Sintered steel also has an extensive application in other industries like industrial machinery, electronic & electrical parts, manufacturing of medical devices, etc. The major application of sintered steel is found to be in the automotive industry where rapid technological change will increase the demand for these products and will drive the growth of the sintered steel industry.
In terms of value and volume, Asia Pacific is projected to lead the sintered steel market during the forecast period
Asia Pacific is expected to dominate the market during the forecast period. This is attributed to the increasing demand for sustainable, cost-effective, and increased construction & transportation from densely populated countries such as India and China.
In addition, the growing population in these countries widens the customer base for all the steel products, which, in turn, is projected to drive the growth of the market in the region. Moreover, factors such as industrialization, growing middle-class population, rising building & construction, and the increased transportation and electrical utility are projected to drive the demand for sintered steel market in the region.
Key Market Players
Key players such as Sumitomo Electric Industries Limited (Japan), GKN PLC (UK), Samvardhana Motherson Group (Spain), Hitachi Chemical (Japan), The Miba Group (US), ASCO Sintering Co. (US), Sintercom India Ltd. (India), AMES Sintering Metallic Components (Spain), and Schunk Sinter Metals (Germany) are the key players who adopted strategies that strengthen their product portfolios, expands their market presence, and enhances their growth prospects in the sintered steel market.
GKN PLC (US) has a broad product portfolio, and a strategic mix of investments and acquisitions have helped the company establish a leading position in the sintered steel market. The company has a strong brand presence in the market, and its vertically integrated manufacturing, as well as distribution processes, offer competitive advantages, in terms of production of sintered steel. Through its network of manufacturing facilities, sales distribution network across the globe, and leadership in every sintered product category, the company is recognized as a key sintered product manufacturer globally.
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|
Report Metric |
Details |
|
Market size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192025 |
|
Forecast units |
Value (USD Million) and Volume (Thousand Tonnes) |
|
Segments covered |
Steel Type, Process, End-use Industry, End-use Application, and Region |
|
Geographies covered |
North America, Asia Pacific, Europe, South America, and the Middle East & Africa |
|
Companies covered |
GKN PLC, Sumitomo Electric Industries Limited, The Miba Group, Samvardhana Motherson Group, Hitachi Chemical Sintercom India Limited, ASCO Sintering Co., AMES Sintering Metallic Components, |
This research report categorizes the sintered steel market based on steel type, process, end-user industry, end user-application, and region.
By Type
- Stainless Steel
- Carbon Steel
- Alloy Steel
- Tool Steel
By the Process:
- Metal Injection Molding (MIM)
- Conventional Manufacturing
- Powder Forging Manufacturing
- Additive Manufacturing
By the End-User Industry:
- Transportation
- Industrial
- Electrical
- Others (Recreational/hobbies Equipment, sports, gun components, hardwares, computers, etc.).
By the End-User Application:
- Engines
- Transmissions
- Body
- Chassis
- Drivetrain
- Electrical
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Key Questions Addressed by the Report:
- What are the global trends witnessed in the sintered steel market? Would the market witness a rise or decline in the demand in the coming years?
- What is the estimated demand for different materials of sintered steel products?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the upcoming industry applications and trends for sintered steel solutions?
- Who are the major players in the sintered steel market globally?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Regional Scope
1.3.2 Periodization Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 23)
2.1 Research Data
2.2 Primary and Secondary Research
2.2.1 Primary and Secondary Research (Volume Market)
2.3 Primary and Secondary Research (Value Market)
2.4 Primary Research (Volume & Value Market)
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach
2.5.2 Top-Down Approach
2.6 Secondary Data
2.7 Primary Data
2.8 Research Assumptions & Limitations
2.8.1 Assumptions
2.8.2 Limitations
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 32)
4.1 Attractive Opportunities in the Sintered Steel Market
4.2 Asia Pacific: Sintered Steel Market, By Steel Type & Country
4.3 Sintered Steel Market, By Type
4.4 Sintered Steel Market, By End-Use Sector
4.5 Sintered Steel Market, By Application
4.6 Sintered Steel Market, By Key Country
5 Market Overview (Page No. - 35)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for New Innovative Designs From the Automotive Industry
5.2.2 Restraints
5.2.2.1 Volatile Raw Material (Metal Powders) Prices
5.2.2.2 Recent End-Use Industry Slowdown
5.2.3 Opportunities
5.2.3.1 Electric Vehicles (EV): Opportunity for Sintered Steel in the Automotive Industry
5.2.3.2 Emerging Technological Advancements in the Powder Metallurgy Industry
5.2.4 Challenges
5.2.4.1 Low Awareness of Powder Metallurgy Technology
5.3 Porters Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
6 Sintered Steel Market, By Steel Type (Page No. - 41)
6.1 Introduction
6.2 Tool Steel
6.2.1 The Tool Steel Segment is Projected to Be the Fastest-Growing in the Sintered Steel Market
6.3 Stainless Steel
6.4 Carbon Steel
6.5 Alloy Steel
7 Sintered Steel Market, By Process (Page No. - 44)
7.1 Introduction
7.2 Conventional Manufacturing
7.2.1 The Conventional Manufacturing Process is the Most Preferable and Traditional Process in the Sintered Steel Market
7.3 Metal Injection Molding (MIM)
7.4 Additive Manufacturing (AM)
7.5 Powder Forged Manufacturing
8 Sintered Steel Market, By End-Use Sector (Page No. - 48)
8.1 Introduction
8.2 Transportation
8.2.1 The Transportation Sector Dominated the Sintered Steel Market
8.3 Industrial
8.4 Electrical
8.5 Others
9 Sintered Steel Market, By Application (Page No. - 51)
9.1 Introduction
9.2 Engines
9.2.1 The Engines Segment is Projected to Grow at A High Rate
9.3 Transmissions
9.4 Bodies
9.5 Chassis
9.6 Drivetrains
9.7 Electrical Appliances
9.8 Others
10 Sintered Steel Market, By Region (Page No. - 55)
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.1.1 China Held the Largest Share of the Asia Pacific Sintered Steel Market in 2018
10.2.2 India
10.2.2.1 The Industrial Sector is Projected to Be Fastest-Growing in the Indian Sintered Steel Market
10.2.3 Japan
10.2.3.1 Japan Was the Third-Largest Market in Asia Pacific
10.2.4 South Korea
10.2.4.1 The Transportation Sector is Projected to Grow at A High Rate
10.2.5 Thailand
10.2.5.1 The Industrial Sector is Projected to Be the Fastest-Growing Segment
10.2.6 Indonesia
10.2.6.1 The Electrical Sector is Projected to Grow at the Highest Rate
10.2.7 Rest of Asia Pacific
10.3 North America
10.3.1 US
10.3.1.1 The Consumption of Sintered Steel to Witness the Fastest Growth in the Electrical Segment
10.3.2 Canada
10.3.2.1 The Electrical Segment to Grow at the Highest CAGR, in Terms of Both Volume and Value, in Canada
10.3.3 Mexico
10.3.3.1 The Transportation Sector to Witness the Fastest Growth, in Terms of Value and Volume, By 2024
10.4 Europe
10.4.1 Germany
10.4.1.1 The Electrical Segment is Projected to Record the Fastest Growth in Germany
10.4.2 UK
10.4.2.1 The Transportation Segment in the UK is Projected to Witness High Demand for Sintered Steel By 2024
10.4.3 France
10.4.3.1 The Electrical Sector is Projected to Contribute the Most to the Market in France
10.4.4 Italy
10.4.4.1 The Electrical Segment is Projected to Witness the Fastest Growth During the Forecast Period
10.4.5 Russia
10.4.5.1 The Transportation Sector Accounted for the Largest Share of the Russian Market in 2018
10.4.6 Spain
10.4.6.1 The Transportation Segment Accounted for the Largest Share in Spain in 2018
10.4.7 Rest of Europe
10.5 South America
10.5.1 Brazil
10.5.1.1 Brazil to Account for the Largest Share in the South American Sintered Steel Market
10.5.2 Colombia
10.5.2.1 Increase in Investment in Transportation is Projected to Drive the Sintered Steel Market in Colombia
10.5.3 Rest of South America
10.6 Middle East & Africa
10.6.1 Iran
10.6.1.1 Transportation to Dominate the Iranian Sintered Steel Market
10.6.2 Turkey
10.6.2.1 Electrical to Be the Fastest-Growing Segment for Sintered Steel
10.6.3 South Africa
10.6.3.1 South Africa Was the Third-Largest Country for Sintered Steel
10.6.4 Rest of the Middle East & Africa
11 Competitive Landscape (Page No. - 105)
11.1 Overview
11.2 Competitive Scenario
11.2.1 Mergers & Acquisitions
11.2.2 Expansions & Investments
11.2.3 Partnerships
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Strength of Product Portfolio
11.5 Business Strategy Excellence
12 Company Profiles (Page No. - 113)
(Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Sumitomo Electric Industries Limited
12.2 GKN PLC
12.3 Samvardhana Motherson Group
12.4 Hitachi Chemical
12.5 The Miba Group
12.6 ASCO Sintering Co.
12.7 Schunk Sinter Metals
12.8 AMES Sintered Metallic Components
12.9 Sintercom India Limited
12.1 Other Players
12.10.1 SMC Corporation
12.10.2 Capstan Inc.
12.10.3 Federal-Mogul Goetze (India) Limited
12.10.4 SSI Sintered Specialties
12.10.5 Fine Sinter Co. Ltd.
12.10.6 Technymon Global Bearing Technologies
12.10.7 Sintex Rethinking Components
12.10.8 Pacific Sintered Metals
12.10.9 Mfs-Sintering
12.10.10 Atlas Pressed Metals
12.10.11 Allied Sinterings, Inc.
12.10.12 Alpha Precision Group
12.10.13 Coldwater Sintered Metal Products
12.10.14 Phoenix Sintered Metals LLC
12.10.15 Callo Sintermetall AB
12.10.16 Precision Sintered Metals
*Details on Business Overview, Financial Assessment, Operational Assessment, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 145)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables (112 Tables)
Table 1 USD Conversion Rates, 20162018
Table 2 Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 3 Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 4 Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 5 Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 6 Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 7 Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 8 Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 9 Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 10 Sintered Steel Market Size, By Region, 20172024 (USD Million)
Table 11 Sintered Steel Market Size, By Region, 20172024 (Thousand Ton)
Table 12 Asia Pacific: Sintered Steel Market Size, By Country, 20172024 (USD Million)
Table 13 Asia Pacific: Sintered Steel Market Size, By Country, 20172024 (Thousand Ton)
Table 14 Asia Pacific: Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 15 Asia Pacific: Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 16 Asia Pacific: Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 17 Asia Pacific: Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 18 Asia Pacific: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 19 Asia Pacific: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 20 Asia Pacific: Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 21 Asia Pacific: Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 22 China: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 23 China: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 24 India: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 25 India: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 26 Japan: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 27 Japan: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 28 South Korea: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 29 South Korea: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 30 Thailand: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 31 Thailand: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 32 Indonesia: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 33 Indonesia: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 34 Rest of Asia Pacific: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 35 Rest of Asia Pacific: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 36 North America: Sintered Steel Market Size, By Country, 20172024 (USD Million)
Table 37 North America: Sintered Steel Market Size, By Country, 20172024 (Thousand Ton)
Table 38 North America: Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 39 North America: Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 40 North America: Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 41 North America: Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 42 North America: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 43 North America: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 44 North America: Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 45 North America: Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 46 US: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 47 US: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 48 Canada: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 49 Canada: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 50 Mexico: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 51 Mexico: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 52 Europe: Sintered Steel Market Size, By Country, 20172024 (USD Million)
Table 53 Europe: Sintered Steel Market Size, By Country, 20172024 (Thousand Ton)
Table 54 Europe: Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 55 Europe: Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 56 Europe: Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 57 Europe: Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 58 Europe: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 59 Europe: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 60 Europe: Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 61 Europe: Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 62 Germany: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 63 Germany: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 64 UK: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 65 UK: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 66 France: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 67 France: Sintered Steel Market Size, By End-Use Sector, 2017-2024 (Thousand Ton)
Table 68 Italy: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 69 Italy: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 70 Russia: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 71 Russia: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 72 Spain: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 73 Spain: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 74 Rest of Europe: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 75 Rest of Europe: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 76 South America: Sintered Steel Market Size, By Country, 20172024 (USD Million)
Table 77 South America: Sintered Steel Market Size, By Country, 20172024 (Thousand Ton)
Table 78 South America: Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 79 South America: Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 80 South America: Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 81 South America: Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 82 South America: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 83 South America: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 84 South America: Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 85 South America: Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 86 Brazil: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 87 Brazil: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 88 Colombia: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 89 Colombia: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 90 Rest of South America: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 91 Rest of South America: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 92 Middle East & Africa: Sintered Steel Market Size, By Country, 20172024 (USD Million)
Table 93 Middle East & Africa: Sintered Steel Market Size, By Country, 20172024 (Thousand Ton)
Table 94 Middle East & Africa: Sintered Steel Market Size, By Steel Type, 20172024 (USD Million)
Table 95 Middle East & Africa: Sintered Steel Market Size, By Steel Type, 20172024 (Thousand Ton)
Table 96 Middle East & Africa: Sintered Steel Market Size, By Process, 20172024 (USD Million)
Table 97 Middle East & Africa: Sintered Steel Market Size, By Process, 20172024 (Thousand Ton)
Table 98 Middle East & Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 99 Middle East & Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 100 Middle East & Africa: Sintered Steel Market Size, By Application, 20172024 (USD Million)
Table 101 Middle East & Africa: Sintered Steel Market Size, By Application, 20172024 (Thousand Ton)
Table 102 Iran: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 103 Iran: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 104 Turkey: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 105 Turkey: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 106 South Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 107 South Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 108 Rest of the Middle East & Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (USD Million)
Table 109 Rest of the Middle East & Africa: Sintered Steel Market Size, By End-Use Sector, 20172024 (Thousand Ton)
Table 110 Mergers & Acquisitions, 20172019
Table 111 Expansions & Investments, 20162018
Table 112 Partnerships, 2019
List of Figures (36 Figures)
Figure 1 Sintered Steel Market Segmentation
Figure 2 Sintered Steel Market: Bottom-Up Approach
Figure 3 Sintered Steel Market: Top-Down Approach
Figure 4 Carbon Steel is Projected to Lead the Sintered Steel Market During the Forecast Period
Figure 5 The Transportation Segment is Projected to Lead the Sintered Steel Market During the Forecast Period
Figure 6 The Engines Segment is Projected to Lead the Sintered Steel Market During the Forecast Period
Figure 7 Asia Pacific Led the Sintered Steel Market in 2018
Figure 8 Asia Pacific Dominated the Sintered Steel Market in 2018
Figure 9 China Was the Largest Market for Sintered Steel in Asia Pacific in 2018
Figure 10 The Carbon Steel Segment is Projected to Lead the Sintered Steel Market During the Forecast Period
Figure 11 The Electrical Segment is Projected to Be the Fastest-Growing End-Use Sector in the Sintered Steel Market
Figure 12 The Engines Segment is Projected to Be the Largest Application in the Sintered Steel Market
Figure 13 The Sintered Steel Market in Indonesia is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 14 Sintering Steel Market Dynamics
Figure 15 Global Automotive Production, By Vehicle Type & Country/Region, 2017 vs. 2018
Figure 16 Global Electric Vehicle Growth, 2019 vs. 2030 (Million Units)
Figure 17 Porters Five Forces Analysis
Figure 18 Sintered Steel Market Size, By Steel Type, 2019 vs. 2024 (USD Million)
Figure 19 Sintered Steel Market Size, By Process, 2019 vs. 2024 (USD Million)
Figure 20 Sintered Steel Market Size, By End-Use Sector, 2019 vs. 2024 (USD Million)
Figure 21 Sintered Steel Market Size, By Application, 2019 vs. 2024 (USD Million)
Figure 22 Global Snapshot: Indonesia is Projected to Be the Fastest-Growing Country-Level Market, 20192024
Figure 23 Asia Pacific: Sintered Steel Market Snapshot
Figure 24 Companies Adopted Mergers & Acquisitions as the Key Growth Strategy Between 2016 and 2019
Figure 25 Market Ranking
Figure 26 Sintered Steel Market (Global): Competitive Leadership Mapping, 2018
Figure 27 Sumitomo Electric Industries: Company Snapshot
Figure 28 Sumitomo Electric Industries: SWOT Analysis
Figure 29 GKN PLC: Company Snapshot
Figure 30 GKN PLC: SWOT Analysis
Figure 31 Samvardhana Motherson Group: Company Snapshot
Figure 32 Samvardhana Motherson Group: SWOT Analysis
Figure 33 Hitachi Chemical Industries: Company Snapshot
Figure 34 Hitachi Chemical Industries: SWOT Analysis
Figure 35 The Miba Group: Company Snapshot
Figure 36 The Miba Group: SWOT Analysis
The study involved four major activities in estimating the current global size of the sintered steel market. The exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions and sizes with the industry experts across the value chain of sintered steel through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the sintered steel market. After that, market breakdown and data triangulation procedures were used to estimate the size of different segments and sub-segments of the market.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg, FACTIVA BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study on the sintered steel market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, country-wise associations, regulatory bodies, trade directories, and databases.
Primary Research
Various primary sources from both supply- and demand-side of the market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various key companies and organizations operating in the sintered steel market. The primary sources from the demand-side included key executives from the automotive industry, aerospace, and manufacturers of sintered industrial machinery. The breakdown of profiles of primary respondents is as follows:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the global size of the sintered steel market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:
- The key players were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the sintered steel market. The data was triangulated by studying various factors and trends from both demand- and supply-side.
Research Objectives
- To define, analyze, and project the size of the sintered steel market in terms of value and volume based on product type, material, end-use industry, and region
- To project the size of the market and its segments in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
- To provide detailed information about the key factors such as drivers, opportunities, and challenges influencing the growth of the market
- To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
- To analyze the competitive developments such as acquisitions, partnerships, agreements, joint ventures, expansions, investments and new product developments in the sintered steel market
- To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the sintered steel report:
Product Analysis
- Product matrix, which offers a detailed comparison of the product portfolio of companies
Regional Analysis
- Further analysis of the returnable packaging market for additional countries
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Sintered Steel Market