Metal Powder Market (Type: Iron & Steel, Aluminum, Copper, Nickel, an www-transparencymarketresearch-com-metal-powder-ma | Page 5

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Winning Strategies to Break Down the Barriers to Success
Intensifying R&D for the Next Wave of Solutions
The accelerating demand for high-purity metal powders that are in tune with the prerequisites of surging additive
manufacturing has led to a drastic shift in the focus of manufacturers towards enhancing R&D. For instance,
market players such as Rio Tinto, BASF SE and GKN Plc. have been investing in R&D to manufacture metal
powders that are tailored to meet in-demand particle size distribution prerequisites. Enhanced process control to
offer unparalleled powder flowability and sphericity, and variants with prerequisite characteristics for use in
industries is another key area of focus of market players.
Laser Sharp Focus on Unparalleled Opportunities in Asia Pacific
The Asia Pacific metal powder market witnessed sales worth US$ ~ 2.4 Bn in 2018, and is estimated to gain
considerable pace with the traction for aluminum powder likely to expand at a notable CAGR through 2019-2027.
Moreover, Asia Pacific has become the area of interest of stakeholders, owing to it being an automotive hub.
The brownie determinant of Asia Pacific remains the availability of low-cost labor and lucrative incentive policies
from the government of China that continue to appeal to leading automotive producers and electrical and
electronics manufacturers to make investments in the region. The opportunistic value of metal powders
continues to grow due to the increasing demand for automotive components from countries such as China and
India. Rise in the production projects of diverse industries is projected to augment the attractiveness of China for
partakers from a metal powder adoption point of view. 
Acquisitions & Expansions
In light of the potential lucrativeness of acquisitions and expansions in metal powder market, several market
goliaths are acquiring local players to expand their geographical footprint. For instance, in May 2019, GKN
Powder Metallurgy opened its new powder metallurgy headquarters and Additive Manufacturing Customer Center
in North America. This falls in line with the company’s strategy that is aimed at expanding the global 3D printing
network, and extending the scope of in-house powder metallurgy capabilities.
On Point Competitive Analysis
In the business journey, several metal powder manufacturers are inducing technology at an unprecedented rate
to attain a revolutionary edge in the market.   For instance, Montreal-headquartered metal powder producer
PyroGenesis has developed the NexGen® Plasma Atomization System, a patent-pending process to produce
metal powder for additive manufacturing at a rate of over 25kg/h. Growing technology-induced manufacturing