Expanding end-use applications and developments in Powder Metallurgy drive the market for nanopowders according to new report

News
February 3, 2014

February 3, 2014

Global Industry Analysts, Inc (GIA) has announced the release of a trend report on the global market for nanopowders. The focused research paper provides an insight into the various products, applications, future prospects, and corporate initiatives of key companies worldwide.

The term nanopowder refers to a finely powdered substance made of various materials such as metals and their alloys on nanoscale. 

The report states that the market is expected to witness growth encouraged largely by advancements in synthesis of nanometric powders and other effervescent technology developments in Powder Metallurgy. Steady demand from various end-use sectors such as consumer electronics, industrial electronic equipment, and microelectronics, also bodes well for the market growth.

Despite the opportunities for growth offered, the market is expected to confront challenges manifested in the form of high manufacturing costs. Raw materials used in production of nanopowders such as reagents, reductive agents, and auxiliary substances, among others, are often expensive thus resulting in high market prices of nanopowders. This thereby intensifies the competition offered by low priced substitutes, states the report.

www.strategyr.com  

News
February 3, 2014

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:

  • Collaboration drives success for PM: New Hyundai Motor applications developed with Korea Sintered Metal Co. and Höganäs AB
  • PowderMet2024 and AMPM2024 report: Cemented Carbides brought into focus in Pittsburgh
  • Powder Metallurgy shines in the MPIF’s 2024 Design Excellence Awards competition
  • PowderMet2024: The state of the Powder Metallurgy industry in North America
  • The wire that makes the powder: TGTi’s development of titanium wire feedstock for plasma atomisation

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