European Powder Metallurgy industry benefiting from continuing economic recovery

August 5, 2015

The European Powder Metallurgy industry is benefiting from the gradual economic recovery in Europe, and particularly from a rejuvenated automotive industry over the past couple of years. Both ferrous and copper-based powder shipments to the PM industry were reported by the European Powder Metallurgy Association (EPMA) to have increased by 7.1% in 2014 compared with the previous year to 197,612 tonnes.

Ferrous PM powder shipments increased by 7.3% to 183,625 tonnes, whilst copper-base PM powder shipments showed a gain of 3.9% to 13,987 tonnes. The EPMA expects this growth trend to continue for 2015 with an anticipated 5% increase for PM powder shipments over the whole year.

The Metal Injection Moulding (MIM) sector is also reported by the EPMA to have put in another steady performance in 2014 gaining by around 10% by sales value to an estimated €280 million.

The Hot Isostatic Pressing (HIP) sector, where production is almost equally shared by HIPed stainless steel and HIPed tool steel/high-speed steels, has also reported growth despite the negative impact of the fall in oil prices on the energy/offshore sector with total production in 2014 estimated at just over 14,000 tonnes. A potential market for HIPing is anticipated from the secondary compaction or densification of products manufactured by Additive Manufacturing (AM).

The EPMA reports that the European hard materials sector had a relatively tough year in 2014 with, little change in production volumes due to declines in the construction and tooling sectors.

www.epma.com 

In the latest issue of PM Review…

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Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Burgess-Norton and Amsted Automotive: How a legacy automotive supplier is growing with, not despite, electrification
  • Meeting sustainability demands in PM: High-temperature sintering of nickel- and copper-free powder mixtures for low alloyed PM parts
  • World PM2022: An overview of the status and trends in the global PM industry
  • A novel approach for the production of metal powders with tailored chemical compositions: Amazemet’s rePowder
  • Productivity, flexibility, reliability: SACMI’s new press technologies for the changing PM industry
  • Understanding the thermal properties of metal powders: Characterisation of powders using the Hot Disk technique
  • World PM2022: Views on the potential of Field Assisted Sintering for advanced materials

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