Italian Powder Metallurgy industry recovering from effects of recession
June 13, 2012
During the last decade the growth rate of Powder Metallurgy (PM) component production in Italy has been comparable to that of the rest of Europe, states a new report published by Assinter, the Italian PM association.
After a period with no growth (2000-2005, Fig. 1), PM part production in Italy started to increase in 2006, reaching a high point in 2007 (32,459 tons). However, the global economic crisis stopped this trend and resulted in a reduction of 5.5% in 2008 and 27.5% in 2009.
Part production figures for 2010 show a strong growth of 27.3% when compared to 2009. The increase in production continued in 2011 with part production at 30,795 tons corresponding to a growth of 9.1% compared to 2010.
The trend in the production of structural parts since 1985 and the evolution of Italian PM (2004-2011) can be seen in Fig. 1 and in Table 1 respectively.
Fig.1 PM parts production in Italy since 1985 (tons) (Courtesy Assinter)
Table 1 Evolution of the Italian PM industry in the years 2004-2011 (excluding MIM) (Courtesy Assinter)
Further information can be obtained from www.assinter.it
Posted by: Paul Whittaker, Editor ipmd.net, [email protected]
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