Sintered steel components are manufactured by compacting and then sintering metallic steel powder to the shape of the desired component. Sinter hardened steel has an apparent hardness of up to 45 HRC and particle hardness up to 57 HRC. The sintering process is used to manufacture complex shapes such as frontal geometries, splines, gear teeth, and other complex profiles. Sintered steel is generally used to manufacture machine components that are exposed to high temperatures and corrosive work environments.
MARKET DYNAMICS
The process involved in manufacturing sintered steel components is green as the energy expended in manufacturing is low, and the waste material generated is negligible making the use of sintered steel lucrative in the automotive and aerospace industry. Also sintered steel components are up to 25% lighter in weight as compared to wrought iron components manufactured by conventional machining processes. The light weight of sintered components can be attributed to its internal micro-porosity. The use of sintered steel to manufacture a wide variety of automotive components such as engine drive gears, belt pulleys, chain sprockets, sensor boss, bearing caps etc. is expected to drive the global sintered steel market in the forecast period. However, sintered metal components have low ductility and hence the applications of sintered steel are limited, which can be a major factor acting as an impediment to the growth of the global sintered steel market.
MARKET SCOPE
The "Global Sintered Steel Market Analysis to 2028" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the sintered steel market with detailed market segmentation by type, application. The global sintered steel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sintered steel market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sintered steel market is segmented into type, application. By type, the sintered steel market is classified into Stainless Steel, Alloy Steel, Tool Steel, Others. By application, the sintered steel market is classified into Automotive, Machinery & Tools, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global sintered steel market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sintered steel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sintered steel market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sintered steel market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global sintered steel market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sintered steel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sintered steel market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sintered steel market in these regions.
MARKET PLAYERS
The report covers vital developments in the sintered steel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the sintered steel market are anticipated to lucrative growth opportunities in the future with the rising demand for sintered steel in the global market. Below mentioned is the list of few companies engaged in the sintered steel market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sintered steel market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Sumitomo Electric Industries Limited
- GKN PLC
- Samvardhana Motherson Group
- Hitachi Chemical
- The Miba Group
- ASCO Sintering Co.
- Sintercom India Ltd.
- AMES Sintering Metallic Components
- Schunk Sinter Metals
- SSI Sintered Specialties, LLC
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sintered Steel Market - By Type
1.3.2 Sintered Steel Market - By Application
1.3.3 Sintered Steel Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SINTERED STEEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. SINTERED STEEL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SINTERED STEEL MARKET - GLOBAL MARKET ANALYSIS
6.1. SINTERED STEEL - GLOBAL MARKET OVERVIEW
6.2. SINTERED STEEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SINTERED STEEL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STAINLESS STEEL
7.3.1. Overview
7.3.2. Stainless Steel Market Forecast and Analysis
7.4. ALLOY STEEL
7.4.1. Overview
7.4.2. Alloy Steel Market Forecast and Analysis
7.5. TOOL STEEL
7.5.1. Overview
7.5.2. Tool Steel Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. SINTERED STEEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. MACHINERY AND TOOLS
8.4.1. Overview
8.4.2. Machinery and Tools Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. SINTERED STEEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Sintered Steel Market Overview
9.1.2 North America Sintered Steel Market Forecasts and Analysis
9.1.3 North America Sintered Steel Market Forecasts and Analysis - By Type
9.1.4 North America Sintered Steel Market Forecasts and Analysis - By Application
9.1.5 North America Sintered Steel Market Forecasts and Analysis - By Countries
9.1.5.1 United States Sintered Steel Market
9.1.5.1.1 United States Sintered Steel Market by Type
9.1.5.1.2 United States Sintered Steel Market by Application
9.1.5.2 Canada Sintered Steel Market
9.1.5.2.1 Canada Sintered Steel Market by Type
9.1.5.2.2 Canada Sintered Steel Market by Application
9.1.5.3 Mexico Sintered Steel Market
9.1.5.3.1 Mexico Sintered Steel Market by Type
9.1.5.3.2 Mexico Sintered Steel Market by Application
9.2. EUROPE
9.2.1 Europe Sintered Steel Market Overview
9.2.2 Europe Sintered Steel Market Forecasts and Analysis
9.2.3 Europe Sintered Steel Market Forecasts and Analysis - By Type
9.2.4 Europe Sintered Steel Market Forecasts and Analysis - By Application
9.2.5 Europe Sintered Steel Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Sintered Steel Market
9.2.5.1.1 Germany Sintered Steel Market by Type
9.2.5.1.2 Germany Sintered Steel Market by Application
9.2.5.2 France Sintered Steel Market
9.2.5.2.1 France Sintered Steel Market by Type
9.2.5.2.2 France Sintered Steel Market by Application
9.2.5.3 Italy Sintered Steel Market
9.2.5.3.1 Italy Sintered Steel Market by Type
9.2.5.3.2 Italy Sintered Steel Market by Application
9.2.5.4 United Kingdom Sintered Steel Market
9.2.5.4.1 United Kingdom Sintered Steel Market by Type
9.2.5.4.2 United Kingdom Sintered Steel Market by Application
9.2.5.5 Russia Sintered Steel Market
9.2.5.5.1 Russia Sintered Steel Market by Type
9.2.5.5.2 Russia Sintered Steel Market by Application
9.2.5.6 Rest of Europe Sintered Steel Market
9.2.5.6.1 Rest of Europe Sintered Steel Market by Type
9.2.5.6.2 Rest of Europe Sintered Steel Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Sintered Steel Market Overview
9.3.2 Asia-Pacific Sintered Steel Market Forecasts and Analysis
9.3.3 Asia-Pacific Sintered Steel Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Sintered Steel Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Sintered Steel Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Sintered Steel Market
9.3.5.1.1 Australia Sintered Steel Market by Type
9.3.5.1.2 Australia Sintered Steel Market by Application
9.3.5.2 China Sintered Steel Market
9.3.5.2.1 China Sintered Steel Market by Type
9.3.5.2.2 China Sintered Steel Market by Application
9.3.5.3 India Sintered Steel Market
9.3.5.3.1 India Sintered Steel Market by Type
9.3.5.3.2 India Sintered Steel Market by Application
9.3.5.4 Japan Sintered Steel Market
9.3.5.4.1 Japan Sintered Steel Market by Type
9.3.5.4.2 Japan Sintered Steel Market by Application
9.3.5.5 South Korea Sintered Steel Market
9.3.5.5.1 South Korea Sintered Steel Market by Type
9.3.5.5.2 South Korea Sintered Steel Market by Application
9.3.5.6 Rest of Asia-Pacific Sintered Steel Market
9.3.5.6.1 Rest of Asia-Pacific Sintered Steel Market by Type
9.3.5.6.2 Rest of Asia-Pacific Sintered Steel Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Sintered Steel Market Overview
9.4.2 Middle East and Africa Sintered Steel Market Forecasts and Analysis
9.4.3 Middle East and Africa Sintered Steel Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Sintered Steel Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Sintered Steel Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Sintered Steel Market
9.4.5.1.1 South Africa Sintered Steel Market by Type
9.4.5.1.2 South Africa Sintered Steel Market by Application
9.4.5.2 Saudi Arabia Sintered Steel Market
9.4.5.2.1 Saudi Arabia Sintered Steel Market by Type
9.4.5.2.2 Saudi Arabia Sintered Steel Market by Application
9.4.5.3 U.A.E Sintered Steel Market
9.4.5.3.1 U.A.E Sintered Steel Market by Type
9.4.5.3.2 U.A.E Sintered Steel Market by Application
9.4.5.4 Rest of Middle East and Africa Sintered Steel Market
9.4.5.4.1 Rest of Middle East and Africa Sintered Steel Market by Type
9.4.5.4.2 Rest of Middle East and Africa Sintered Steel Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Sintered Steel Market Overview
9.5.2 South and Central America Sintered Steel Market Forecasts and Analysis
9.5.3 South and Central America Sintered Steel Market Forecasts and Analysis - By Type
9.5.4 South and Central America Sintered Steel Market Forecasts and Analysis - By Application
9.5.5 South and Central America Sintered Steel Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Sintered Steel Market
9.5.5.1.1 Brazil Sintered Steel Market by Type
9.5.5.1.2 Brazil Sintered Steel Market by Application
9.5.5.2 Argentina Sintered Steel Market
9.5.5.2.1 Argentina Sintered Steel Market by Type
9.5.5.2.2 Argentina Sintered Steel Market by Application
9.5.5.3 Rest of South and Central America Sintered Steel Market
9.5.5.3.1 Rest of South and Central America Sintered Steel Market by Type
9.5.5.3.2 Rest of South and Central America Sintered Steel Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SINTERED STEEL MARKET, KEY COMPANY PROFILES
11.1. SUMITOMO ELECTRIC INDUSTRIES LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GKN PLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SAMVARDHANA MOTHERSON GROUP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HITACHI CHEMICAL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. THE MIBA GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ASCO SINTERING CO.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SINTERCOM INDIA LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. AMES SINTERING METALLIC COMPONENTS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHUNK SINTER METALS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SSI SINTERED SPECIALTIES, LLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Sumitomo Electric Industries Limited
2. GKN PLC
3. Samvardhana Motherson Group
4. Hitachi Chemical
5. The Miba Group
6. ASCO Sintering Co.
7. Sintercom India Ltd.
8. AMES Sintering Metallic Components
9. Schunk Sinter Metals
10. SSI Sintered Specialties, LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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