The Global Metal Powder Market was valued at USD 9.83 Billion in 2024 and is projected to reach USD 13.69 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2025-2032). This growth is driven by the accelerating adoption of additive manufacturing (3D printing), rising demand from the automotive and aerospace sectors, and the push for sustainable production methods.

As industries worldwide advance toward lightweight, high-performance components, metal powders are becoming the cornerstone of modern manufacturing. In this blog, we profile the Top 10 Companies in the Metal Powder Industry—a dynamic mix of established producers, technology innovators, and material science pioneers shaping the future of global industry.

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🔟 1. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Iron and Steel Powders, Stainless Steel Powders, Additive Manufacturing Powders

Höganäs AB is the world’s leading producer of metal powders, with a history dating back to 1797. The company dominates the market for iron and steel powders, which are critical for powder metallurgy components in the automotive industry. Höganäs serves over 2,500 customers across 75 countries, continuously investing in R&D for advanced material solutions.

Innovation and Sustainability Initiatives:

• Pioneering water atomization technology for superior powder characteristics

• Developing metal powders for sustainable applications like electric motors

• Commitment to carbon-neutral production by 2040

Download FREE Sample Report: Metal Powder Market – View in Detailed Research Report

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9️⃣ 2. GKN Hoeganaes

Headquarters: London, United Kingdom
Key Offering: Ancorbond® lubricants, Ancorsteel® powders, Additive Manufacturing Powders

GKN Hoeganaes, a subsidiary of GKN Powder Metallurgy, is a global leader in the production of high-quality metal powders. The company specializes in ferrous powders used extensively in automotive applications, with a strong presence in North America and Europe. Their powders enable the production of complex, net-shape components with exceptional strength and durability.

Innovation and Sustainability Initiatives:

• Advanced gas atomization technology for fine, spherical powders

• Development of sustainable powder metallurgy solutions for electric vehicles

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8️⃣ 3. Rio Tinto Metal Powders

Headquarters: Sorel-Tracy, Quebec, Canada
Key Offering: Atomized Iron Powders, Steel Powders, Specialty Alloys

Rio Tinto Metal Powders is a major global supplier of high-purity iron and steel powders, operating one of the world’s most advanced powder production facilities. The company leverages its extensive mining operations to ensure a consistent supply of raw materials, serving diverse industries from automotive to industrial machinery.

Innovation and Sustainability Initiatives:

• Investment in low-carbon production processes

• Development of powders optimized for additive manufacturing applications

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7️⃣ 4. Sandvik AB

Headquarters: Sandviken, Sweden
Key Offering: Gas Atomized Powders, Osprey® Metal Powders, Additive Manufacturing Materials

Sandvik’s Osprey brand is renowned for premium gas-atomized metal powders used in demanding applications across aerospace, medical, and energy sectors. The company excels in producing highly spherical powders with controlled particle size distributions, making them ideal for additive manufacturing and thermal spray applications.

Innovation and Sustainability Initiatives:

• Pioneering titanium and nickel-based superalloy powders

• Closed-loop powder recycling systems for additive manufacturing

Download FREE Sample Report: Metal Powder Market – View in Detailed Research Report

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6️⃣ 5. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Specialty Alloy Powders, Titanium Powders, Nickel-Based Superalloys

Carpenter Technology is a leading producer of high-performance specialty alloy powders, particularly for aerospace, medical, and defense applications. The company’s expertise in metallurgy enables them to produce powders with precise chemical compositions and superior mechanical properties.

Innovation and Sustainability Initiatives:

• Development of next-generation alloys for extreme environments

• Advanced powder characterization and quality control systems

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5️⃣ 6. Alcoa Corporation

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Aluminum Powders, Titanium Powders, Specialty Metal Powders

Alcoa leverages its position as a global aluminum leader to produce high-quality metal powders for various industrial applications. The company’s powders are essential for lightweighting initiatives in automotive and aerospace, where aluminum’s strength-to-weight ratio offers significant advantages.

Innovation and Sustainability Initiatives:

• Development of sustainable aluminum production technologies

• Expansion into titanium powders for aerospace applications

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4️⃣ 7. Kymera International

Headquarters: Research Triangle Park, North Carolina, USA
Key Offering: Non-Ferrous Metal Powders, Master Alloys, Specialty Powders

Kymera International is a global manufacturer of non-ferrous metal powders and master alloys, serving diverse markets including automotive, aerospace, and chemical processing. The company’s product portfolio includes copper, tin, bronze, and other specialty metal powders.

Innovation and Sustainability Initiatives:

• Custom alloy development for specific customer applications

• Focus on sustainable sourcing and production practices

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3️⃣ 8. Vale S.A.

Headquarters: Rio de Janeiro, Brazil
Key Offering: Iron Ore Powders, Steel Powders, Ferroalloys

Vale, one of the world’s largest mining companies, has a significant presence in the metal powder market through its iron ore and ferroalloy operations. The company supplies high-purity raw materials to powder producers worldwide, playing a crucial role in the global supply chain.

Innovation and Sustainability Initiatives:

• Investment in sustainable mining technologies

• Development of high-purity iron ore products for powder applications

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2️⃣ 9. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Steel Powders, Iron Powders, Specialty Alloy Powders

JFE Steel Corporation is a major Japanese steel producer with a growing presence in the metal powder market. The company leverages its steelmaking expertise to produce high-quality powders for automotive and industrial applications, particularly in the Asian market.

Innovation and Sustainability Initiatives:

• Development of advanced steel powders for electric vehicle components

• Focus on energy-efficient production processes

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Catalytic Metal Powders, Battery Materials, Specialty Chemical Powders

BASF is a global chemical giant with significant operations in metal powders, particularly for catalytic applications and battery materials. The company’s expertise in chemical processes enables them to produce highly specialized powders with precise properties for specific applications.

Innovation and Sustainability Initiatives:

• Development of metal powders for battery and energy storage applications

• Sustainable production technologies and circular economy initiatives

Get Full Report Here: Metal Powder Market – View in Detailed Research Report

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🏭 Outlook: The Future of Metal Powder Is Smart and Sustainable

The metal powder market is undergoing a fundamental transformation. While traditional powder metallurgy continues to grow, the industry is rapidly embracing additive manufacturing, sustainable production methods, and digital technologies that are reshaping manufacturing paradigms.

📈 Key Trends Shaping the Market:

• Accelerated adoption of metal 3D printing across aerospace, medical, and automotive sectors

• Growing demand for lightweight materials in electric vehicle manufacturing

• Increasing focus on circular economy and powder recycling initiatives

• Digitalization of powder production and quality control processes

Get Full Report Here: Metal Powder Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they’re driving the technological transformation of global manufacturing industries.