Top 10 Companies in the Powders for Metal Injection Moulding Market (2024): Industry Leaders Driving Advanced Manufacturing

In Business Insights
November 02, 2025

The Global Powders for Metal Injection Moulding Market was valued at USD 3.8 Billion in 2023 and is projected to reach USD 5.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2023–2030). This growth is being driven by increasing demand for complex, high-performance metal components across automotive, medical, and electronics sectors, coupled with advancements in powder metallurgy technologies and the transition toward sustainable manufacturing processes.

As the manufacturing industry transforms toward net-shape fabrication and material efficiency, the spotlight is on the key powder manufacturers who are driving innovation, quality control, and material science breakthroughs. In this blog, we profile the Top 10 Companies in the Powders for Metal Injection Moulding Industry—a mix of chemical giants, specialized metallurgical firms, and powder technology pioneers shaping the future of advanced manufacturing.


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Stainless steel powders, tool steel powders, custom alloy formulations

BASF stands as a global leader in metal powder production for MIM applications, offering comprehensive material solutions through its Catalysts division. The company’s metal powder portfolio serves demanding applications in medical implants, aerospace components, and industrial tools, with significant investments in gas atomization and spherical powder technologies.

Technical Innovations:

  • Advanced gas atomization technology for high-purity powders

  • Proprietary binder systems for enhanced molding characteristics

  • Committed to sustainable production processes and circular economy principles

Download FREE Sample Report: Powders for Metal Injection Moulding Market – View in Detailed Research Report


9️⃣ 2. Sandvik AB

Headquarters: Sandviken, Sweden
Key Offering: Osprey® metal powders, custom alloy development, technical consultancy

Sandvik’s Osprey brand represents the gold standard in gas-atomized metal powders for MIM applications. The company operates advanced powder production facilities across Europe and North America, serving critical applications in medical and aerospace industries.

Technical Innovations:

  • Industry-leading gas atomization capabilities

  • Specialization in high-performance alloys, stainless steels, and tool steels


8️⃣ 3. AMETEK Inc. (Reading Alloys)

Headquarters: Berwyn, Pennsylvania, USA
Key Offering: Titanium alloys, nickel-based superalloys, specialty stainless steels

AMETEK, through its Reading Alloys division, specializes in high-purity, reactive metal powders for demanding MIM applications. The company’s expertise spans titanium alloys for medical implants and nickel-based superalloys for aerospace applications.

Technical Innovations:

  • Pioneering work in titanium hydride-dehydride (HDH) powder production for MIM, alongside gas-atomized offerings.


    7️⃣ 4. GKN Powder Metallurgy

    Headquarters: Radevormwald, Germany
    Key Offering: Ferrous powders, specialty alloys, powder-binder feedstock systems

    GKN Powder Metallurgy operates as a comprehensive solutions provider, from powder production to finished component manufacturing. The company serves automotive, industrial, and consumer goods sectors with comprehensive MIM powder solutions.

    Technical Innovations:

    • Integrated approach from powder to finished component

    • Focus on automotive applications including transmission components and engine parts


    6️⃣ 5. Metal Powder Products (MPP)

    Headquarters: Westfield, Indiana, USA
    Key Offering: Custom steel alloys, low-alloy steels, diffusion alloyed powders

    MPP specializes in custom-engineered metal powders for specific MIM applications. The company’s technical expertise enables customization of powder characteristics including particle size distribution, morphology, and chemical composition for optimized MIM processing.

    Technical Innovations:

    • Custom alloy development capabilities

    • Strong presence in North American automotive and industrial markets

    Download FREE Sample Report: Powders for Metal Injection Moulding Market – View in Detailed Research Report


    5️⃣ 6. Sintex A/S

    Headquarters: Sdr. Nissum, Denmark
    Key Offering: Stainless steel powders, nickel-based alloys, soft magnetic materials

    Sintex, formerly known as Poul Jeppesen A/S, specializes in high-quality stainless steel and nickel-alloy powders for MIM applications. The company’s powder portfolio targets medical, dental, and electronics industries with extremely tight quality specifications and batch-to-batch consistency.

    Technical Innovations:

    • Water-atomized ferrous powder technology

    • Strong focus on medical-grade materials with biocompatibility certifications.


      4️⃣ 7. Höganäs AB

      Headquarters: Höganäs, Sweden
      Key Offering: Stainless steel powders, soft magnetic alloys, high-performance steel grades

      Höganäs stands as the world’s largest producer of metal powders, with extensive expertise in powder metallurgy technologies including MIM. The company’s global production network and research facilities support advanced powder development programs.

      Technical Innovations:

      • World’s largest producer of iron and steel powders

      • Integrated binder systems and technical support services


      3️⃣ 8. Quest 4 Alloys

      Headquarters: Sheffield, United Kingdom
      Key Offering: Custom alloy development, reactive metal powders, advanced stainless steel powders

      Quest 4 Alloys specializes in high-performance, custom-engineered metal powders for critical MIM applications. The company’s technical team works closely with customers to develop powder formulations meeting specific performance requirements.

      Technical Innovations:

      • Specialization in challenging materials including titanium and nickel alloys

      • Strong research focus on additive manufacturing-MIM convergence technologies.


        2️⃣ 9. Tekna Advanced Materials

        Headquarters: Sherbrooke, Quebec, Canada
        Key Offering: Spherical metal powders, plasma atomization technology, custom material solutions

        Tekna pioneered plasma atomization technology for production of highly spherical, satellit-free metal powders. The company’s expertise spans reactive metals, superalloys, and refractory materials for demanding MIM applications in aerospace and medical sectors.

        Technical Innovations:

        • Plasma atomization technology for premium spherical powders

        • Strong IP portfolio in plasma-based powder production technologies.


        1️⃣ 10. Carpenter Technology Corporation

        Headquarters: Philadelphia, Pennsylvania, USA
        Key Offering: Specialty alloy powders, stainless steel grades, high-temperature alloys

        Carpenter Technology brings decades of metallurgical expertise to the MIM powder market. The company’s powder portfolio includes stainless steels, tool steels, and superalloys for critical applications across multiple industries.

        Technical Innovations: