Sintering Market Research Report and Forecast up to 2024 Sintering Market - Europe Industry Analysis, Size, | Page 2
Besides this, the demand for Fe—Ni alloys and Fe—Si alloys is forecast to increase
during the forecast period. Their demand will spur on account of their superior
characteristics such as higher permeability and high electric resistivity. Among the
alloy steel considered low grade, the market for 100Cr6 steel may witness steep
decline in its market share due to less application in industries.
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Germany Emerges as Most Lucrative Sintering Market in Europe
In Europe, the U.K., Germany, Italy, France, and Spain have emerged as the most
lucrative sintering markets. These nations, coupled with Rest of Europe, constitute
the key segments in the Europe sintering market based on country. Of these,
Germany held clear dominance in 2015 with a share of 24.4% in the Europe market.
The presence of a large number of manufacturing units of automotive spare parts
has fuelled the demand for sintering components in the nation.
The market has also witnessed remarkable growth in the U.K., in the last few years.
The country boasts a sophisticated aerospace and automotive infrastructure, which
has catapulted it as an attractive market for sintering in Europe. Besides these, the
market players are expected to witness robust opportunities in various European
nations through the course of the forecast period. Rest of Europe also held
considerable share in the market in 2015 due to presence of major countries such
as Sweden where there are various automotive industries situated. The sintering
market in Europe is expected to grow at a moderate rate during the forecast period.
Some of the leading companies operating in the Europe sintering market are GKN
plc, H.C.Starck GmbH, AMES, ASCO Sintering Co., Metaldyne Performance Group,
LLC, Hitachi Ltd., etc.
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