Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled” Global Metal Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global metal powder market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global metal powder market to grow at a CAGR of around 5% during 2021-2026.
The powder has a high surface area to mass ratio and is manufactured by using numerous industrial processes, such as atomization and chemical, electrolysis, and solid-state reduction. Some of the common product variants include iron, molybdenum, nickel, aluminum, gold, silver, platinum, lead, and copper. Metal powder offers numerous benefits, such as reduced manufacturing time, enhanced cost efficiency, high volume capability, minimal wastage, and improved recyclability, etc. As a result, it finds extensive applications across diverse industrial verticals, including automotive, healthcare, defense, aerospace, construction, electronics, manufacturing,metalworking, etc.
As the novel coronavirus (COVID-19) crisis takes over
the world, we are continuously tracking the changes in the markets, as well as
the purchase behaviors of the consumers globally–our estimates about the latest
market trends and forecast values after considering the impact of this
pandemic. These observations will be integrated into the report.
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Market Trends:
A significant rise in the demand for lightweight automobile
components, along with the growing adoption of green manufacturing
technologies, is creating a positive outlook for the global metal powder
market. Furthermore, the widespread utilization of metal powder for additive
manufacturing and metal injection molding is also bolstering the market growth.
Additionally, the expanding applications of metal powder in the medical sector
for manufacturing osteoporosis pen rachet, intestinal stapler gear system, kidney
dialysis spring seat, etc., are anticipated to further drive the global market
in the coming years.
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Figure: https://www.imarcgroup.com/metal-powder-market
Key Market Segmentation:
Competitive Landscape with Key Player:
Market Breakup by Material:
Market Breakup by Technology:
Market Breakup by Application:
Market Breakup by Region:
Key Highlights of the Report:
Note: If you need specific information that is not currently
within the scope of the report, we can provide it to you as a part of the
customization.
Other Report:
About Us:
IMARC Group is a leading market research company that offers
management strategy and market research worldwide. We partner with clients in
all sectors and regions to identify their highest-value opportunities, address their
most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific,
economic and technological developments for business leaders in pharmaceutical,
industrial, and high technology organizations. Market forecasts and industry
analysis for biotechnology, advanced materials, pharmaceuticals, food and
beverage, travel and tourism, nanotechnology and novel processing methods are
at the top of the company’s expertise.
Contact Us:
IMARC Group
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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+91-120-433-0800, +91-120-433-0800
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