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Global Powder Compacting Pressers Market – Industry Trends and Forecast to 2029

Chemical and Materials

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Global Powder Compacting Pressers Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Powder Compacting Pressers Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 316.71 USD Million
Diagram Market Size (Forecast Year) USD 420.27 USD Million
Diagram CAGR %

Major Markets Players

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Global Powder Compacting Pressers Market, By Product Type (Hydraulic, Electric, Hybrid, Mechanical, Servo-hydraulic), Application (Powder Metallurgy, Ceramic and Cement, Carbon and Carbide, Others), End Use Industry (Automotive, Machining, Energy and Electricity, Equipment, Construction, Others) – Industry Trends and Forecast to 2029.

Powder Compacting Pressers Market

Market Analysis and Size

The powder compacting pressers are becoming more widely utilized across end-use sectors such as automobiles, military, machining and aerospace, which is expected to boost market growth. Furthermore, governments all around the world are granting tax breaks to vehicle makers who migrate to electric standards, boosting demand for powder compacting presses. These growth determinants are estimated to significantly contribute to the market’s expansion over forecasted timeframe.

The powder compacting pressers market was valued at USD 316.71 million in 2021 and is expected to reach USD 420.27 million by 2029, registering a CAGR of 3.60% during the forecast period of 2022-2029. The "ceramic and cement" accounts for the largest application segment in the powder compacting pressers market owing to the increasing adoption of powder compacting pressers in the production of ceramic cutting tools due to the high heat resistance and extensive usage in metalworking for extremely hard parts. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

Powder compacting is a compression molding process that forms complicated shapes from metallic, ceramic, composite, PTFE, and other powder compounds using a press (typically hydraulic). The process of compacting metal powder in a die using high pressures is known as powder compaction. In most cases, the tools are held vertically, with the punch tool forming the cavity's bottom. After compacting the powder into a form, it is ejected from the die cavity.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Product Type (Hydraulic, Electric, Hybrid, Mechanical, Servo-hydraulic), Application (Powder Metallurgy, Ceramic and Cement, Carbon and Carbide, Others), End Use Industry (Automotive, Machining, Energy and Electricity, Equipment, Construction, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

KomageGellnerMaschinenfabrik KG (Germany), SMS group GmbH (Germany), Osterwalder AG (Switzerland), MaschinenfabrikLauffer GmbH & Co.KG (Germany), Gasbarre Products, Inc. (U.S.), Ajax CECO Erie Press (U.S.), Beckwood Press (U.S.), DORST Technologies GmbH & Co. KG (Germany), Cincinnati Incorporated (U.S.), Nanjing East Precision Machinery CO., LTD. (China), Dongguan Yihui Hydraulic Machinery Co., Ltd. (China), Quintus Technologies AB (Sweden) and SACMI IMOLA S.C. (Italy)

Market Opportunities

  • Increasing number of companies investing in research and development activities to incorporate sophisticated technologies such as artificial intelligence (AI) and the Internet of Things (IoT)
  • Increased awareness about the benefits of compacted powders
  • Growing advancements by manufacturers to develop new products with improved features extend

Powder Compacting Pressers Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers:

  • Surging Demand

The increased need for the internet of things (IoT) in vehicle production and rising demand from end-use industries such as aerospace and military are driving the global powder compacting pressers market is estimated to carve a way for the growth of the market. The employment of additional powder compacting pressers in the manufacturing of various vehicle parts will be necessitated by growing automation, which will function as a catalyst for the powder Compacting Pressers sector. Also, many industries are increasing their demand for sintered gears, which are used in transmissions instead of forging gears, which is driving up demand for powder compacting pressers.

The growing prevalence of second-hand powder compacting presses will further prop the growth rate of the powder compacting pressers market. Additionally, the growth in trade by air transportation will also drive market value growth. The expansion of the end use industries and the high defense expenditure are projected to bolster the market's growth.

Opportunities

  • Growing Advancements And Research Activities

Furthermore, manufacturers' growing advancements in developing new products with improved features extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the increased awareness about the benefits of compacted powders along with the increasing number of companies investing in research and development activities to incorporate sophisticated technologies such as artificial intelligence (AI) and the Internet of Things (IoT) will further expand the future growth of the powder compacting pressers market.

Restraints/Challenges

  • High Costs

On the other hand, unstable raw material prices and excessive manufacturing costs may stifle market expansion over the predicted period.

  • Supply Chain Disruptions

With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply. This factor is anticipated to pose as a challenge for the powder compacting pressers market growth rate.

This powder compacting pressers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the powder compacting pressers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Powder Compacting Pressers Market

The recent outbreak of coronavirus had a negative impact on the powder compacting pressers market. Several countries have implemented various steps to prevent the epidemic, including lockdowns, reduced trade activity, and various companies and workplaces shutdown. The severe disruptions in various manufacturing, as well as the supply-chain operations due to the various precautionary lockdowns imposed by governments to curb the spread of disease, led to huge financial setback for the market. A major demand-supply imbalance has developed due to a shortage of raw materials from various producers of powder compacting pressers around the world. The shutdown in several countries across the world has prevented the import of numerous components, such as additives and raw materials that are needed to improve performance, putting application industries at a disadvantage. However, these policies have far-reaching economic consequences, resulting in economic contagion. Manufacturers are also expected to be stuck on raw material orders as a result of the logistics industry being severely disrupted by the COVID-19 closure. Over the forecast period, the aforementioned determinants will weigh the market's revenue trajectory over the forecast period.

On the plus side, as individual regulatory bodies begin to relax these imposed lockdowns, the market is expected to recover. As a result of the suspended and cancelled operations, the market is expected to expand.

Global Powder Compacting Pressers Market Scope

The powder compacting pressers market is segmented on the basis of product type, application and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

On the basis of product type, the powder compacting pressers market has been segmented into hydraulic, electric, hybrid, mechanical and servo-hydraulic.

Application

  • Powder Metallurgy
  • Ceramic and Cement
  • Carbon and Carbide
  • Others

The powder compacting pressers market has also been segmented on the basis of application into powder metallurgy, ceramic and cement, carbon and carbide and others. The ceramic and cement segment is anticipated to have highest growth owing to the increasing adoption of powder compacting pressers in the production of ceramic cutting tools due to the high heat resistance and extensive usage in metalworking for extremely hard parts.

End Use Industry

  • Automotive
  • Machining
  • Energy and Electricity
  • Equipment
  • Construction
  • Others

On the basis of end use industry, the powder compacting pressers market is segmented into automotive, machining, energy and electricity, equipment, construction and others.

Powder Compacting Pressers Market Regional Analysis/Insights

The powder compacting pressers market is analyzed and market size insights and trends are provided by country, product type, application and end use industry as referenced above.

The countries covered in the powder compacting pressers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the powder compacting pressers market because of government and private aerospace companies and high defense expenditure within the region.

On the other hand, Asia-Pacific is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the increase in population, changing lifestyle, and improvement in disposable income within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Powder Compacting Pressers Market Share Analysis

The powder compacting pressers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to powder compacting pressers market.

Some of the major players operating in the powder compacting pressers market are

  • KomageGellnerMaschinenfabrik KG (Germany)
  • SMS group GmbH (Germany)
  • Osterwalder AG (Switzerland)
  • MaschinenfabrikLauffer GmbH & Co.KG (Germany)
  • Gasbarre Products, Inc. (U.S.)
  • Ajax CECO Erie Press (U.S.)
  • Beckwood Press (U.S.)
  • DORST Technologies GmbH & Co. KG (Germany)
  • Cincinnati Incorporated (U.S.)
  • Nanjing East Precision Machinery CO., LTD. (China)
  • Dongguan Yihui Hydraulic Machinery Co., Ltd. (China)
  • Quintus Technologies AB (Sweden)
  • SACMI IMOLA S.C. (Italy)


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FREQUENTLY ASK QUESTIONS

The Powder Compacting Pressers Market will be projected to grow at a CAGR of 3.60% during forecast by 2029.
The Powder Compacting Pressers Market will be projected at USD 420.27 million during forecast by 2029.
The major players operating in the Powder Compacting Pressers Market are KomageGellnerMaschinenfabrik KG (Germany), SMS group GmbH (Germany), Osterwalder AG (Switzerland), MaschinenfabrikLauffer GmbH & Co.KG (Germany), Gasbarre Products, Inc. (U.S.), Ajax CECO Erie Press (U.S.), Beckwood Press (U.S.), DORST Technologies GmbH & Co. KG (Germany), Cincinnati Incorporated (U.S.), Nanjing East Precision Machinery CO., LTD. (China), Dongguan Yihui Hydraulic Machinery Co., Ltd. (China), Quintus Technologies AB (Sweden) and SACMI IMOLA S.C. (Italy).
The major countries covered in the Powder Compacting Pressers Market U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
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