The Global Gas Atomized Cobalt Powder Market was valued at USD 46.6 Million in 2024 and is projected to reach USD 143 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period (2024–2032). This growth is driven by increasing demand from additive manufacturing sectors, emerging battery technologies, and expanding applications in high-performance powder metallurgy.

As industries transition toward advanced manufacturing techniques requiring precision-engineered materials, gas atomized cobalt powder has become indispensable across aerospace, medical, and energy sectors. This analysis examines the Top 10 Companies in the Gas Atomized Cobalt Powder Industry—market leaders who are driving material innovation and shaping the future of metal powders.

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🔟 1. Sandvik AB

Headquarters: Sandviken, Sweden
Key Offering: Osprey® Gas Atomized Cobalt Powders (99.3% and 99.8% purity grades)

Sandvik dominates the gas atomized cobalt powder market through its proprietary Osprey® atomization technology, producing highly spherical powders specifically engineered for demanding additive manufacturing applications in aerospace and medical industries.

Strategic Developments:

• Expanding production capacity to 1,500 tons/year by 2025
• Developing ultrafine powders (<15μm) for binder jetting applications
• $85 million investment in advanced powder production facilities

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9️⃣ 2. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Carpenter Additive Cobalt Alloy Powders

Carpenter Technology specializes in high-performance cobalt-chrome alloy powders for critical aerospace components and medical implants, with powders demonstrating exceptional consistency in particle size distribution.

Technology Highlights:

• Patent-pending AMPOWER™ process for enhanced powder characteristics
• Strategic OEM partnerships with major 3D printer manufacturers
• ISO 13485 certified medical-grade materials

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8️⃣ 3. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Digital Metal® Cobalt-Based Powders

Höganäs operates Europe’s most advanced gas atomization facility, producing cobalt powders optimized for powder bed fusion with consistent sphericity (>95%) and low oxygen content (<200 ppm).

Key Advantages:

• Closed-loop powder recycling programs
• Custom alloy development services
• High-resolution printing capabilities

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7️⃣ 4. Linde PLC

Headquarters: Guildford, United Kingdom
Key Offering: High-Purity Cobalt Powders

Linde’s proprietary inert gas atomization process produces cobalt powders with industry-leading purity levels (up to 99.95%), specialized for medical and aerospace applications.

Technical Specifications:

• 10-53μm standard powder sizes with tight distribution
• Medical implant and aerospace grade materials
• Custom particle size engineering

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6️⃣ 5. Voestalpine AG

Headquarters: Linz, Austria
Key Offering: Additive Manufacturing Powders

Voestalpine provides complete powder-to-part solutions, combining cobalt powder production with AM process expertise for high-temperature applications in energy and aerospace sectors.

Differentiating Factors:

• Integrated AM ecosystem
• Cobalt superalloy development expertise
• ISO-certified manufacturing facilities

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5️⃣ 6. Oerlikon Metco

Headquarters: Pfäffikon, Switzerland
Key Offering: MetcoClad® Cobalt-Based Powders

Oerlikon specializes in high-performance powders for additive manufacturing and thermal spray applications, with proprietary processes ensuring superior flowability and packing density.

Market Position:

• Leading aerospace supplier
• Novel alloy development
• Global technical support infrastructure

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4️⃣ 7. Sanyo Special Steel Co., Ltd.

Headquarters: Himeji, Japan
Key Offering: High-Purity Powders for Asian Markets

Sanyo dominates Asia’s cobalt powder market with high-purity products used extensively in electronics and precision engineering applications across the region.

Recent Developments:

• New Singapore atomization facility
• Focus on ultrafine powders for electronics
• Automotive industry partnerships

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3️⃣ 8. GKN Hoeganaes

Headquarters: Milton Keynes, UK
Key Offering: Hoeganaes Cobalt Powders

GKN brings decades of powder metallurgy expertise, specializing in automotive and industrial applications requiring complex near-net-shape fabrication capabilities.

Core Strengths:

• Advanced particle size engineering
• Superior compressibility for PM applications
• Global distribution network

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2️⃣ 9. Jiangsu Vilory Advanced Materials Technology

Headquarters: Jiangsu, China
Key Offering: Cost-Competitive Cobalt Powders

As China’s leading producer, Jiangsu Vilory is rapidly gaining global market share through large-scale production focused on Asian additive manufacturing and battery markets.

Market Strategy:

• High-volume production capabilities
• Competitive pricing model
• Increasing investment in high-purity powders

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1️⃣ 10. MEPOSO

Headquarters: Espoo, Finland
Key Offering: Specialty Cobalt Powders

MEPOSO focuses on niche applications including specialized alloys for extreme environments, with gas atomization technology producing highly spherical powders with tight size distributions.

Technical Capabilities:

• Advanced characterization services
• Tailored R&D solutions
• Research institution collaborations

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🔭 Future Outlook: Gas Atomized Cobalt Powder Market Evolution

The gas atomized cobalt powder market is undergoing significant transformation, driven by technological advancements in additive manufacturing and growing demand from high-tech industries. Emerging applications in battery technologies and medical implants are creating new growth avenues beyond traditional uses.

📈 Key Industry Trends:

• Accelerating adoption in binder jetting applications
• Development of cobalt-free alternatives increasing competitive pressure
• Growing vertical integration among producers
• Increased focus on sustainable production methods
• Expansion into high-purity electronic applications

Get Full Report Here:
Gas Atomized Cobalt Powder Market – View Detailed Research Report

The profiled companies represent the vanguard of material innovation, enabling next-generation manufacturing across critical industries worldwide through advanced cobalt powder solutions.