The Global More than 99% Atomized Iron Powder Market was valued at US$ Million in 2023 and is projected to reach US$ Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of % during the forecast period. This growth is being driven by increasing demand from the powder metallurgy industry, advancements in additive manufacturing (3D printing), and the expanding use of metal injection molding (MIM) across automotive, aerospace, and consumer electronics sectors.

As industries worldwide push for lighter, stronger, and more complex component designs, the spotlight is on the key material suppliers who are driving innovation and supply chain reliability. In this blog, we profile the Top 10 Companies in the More than 99% Atomized Iron Powder Industry—a mix of global metal giants, specialized producers, and technology pioneers shaping the future of advanced metal components.

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🔟 1. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: High-purity water-atomized and gas-atomized iron powders

Höganäs AB is the world’s leading manufacturer of metal powders, with a history dating back to 1797. The company dominates the market for high-purity iron powders used in powder metallurgy, offering a wide range of grades tailored for specific density, strength, and sintering properties. Their products are essential for producing automotive parts, electric motor components, and soft magnetic composites.

Innovation and Market Position:

• Global production capacity exceeding 500,000 tons annually

• Pioneer in sustainable powder production technologies

• Extensive R&D focused on additive manufacturing powders

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9️⃣ 2. GKN Hoeganaes

Headquarters: Cinnaminson, New Jersey, USA
Key Offering: AncorSteel® water-atomized iron powders

GKN Hoeganaes, part of the GKN Powder Metallurgy division, is a major force in the North American and global iron powder market. The company’s AncorSteel® products are industry standards for high-strength powder metallurgy applications, particularly in the automotive sector for engine and transmission components.

Innovation and Market Position:

• Leading supplier to the North American automotive industry

• Advanced binder treatment technology for improved compaction

• Strategic focus on lightweighting solutions for electric vehicles

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8️⃣ 3. Rio Tinto Metal Powders

Headquarters: Sorel-Tracy, Quebec, Canada
Key Offering: QMP® atomized iron and steel powders

Rio Tinto Metal Powders (RTMP) is a premier global producer of high-quality metal powders, leveraging the company’s extensive mining and metallurgical expertise. Their QMP® powders are renowned for their consistent quality and performance in demanding applications across multiple industries.

Innovation and Market Position:

• Vertically integrated production from iron ore to finished powder

• Strong focus on automotive and industrial applications

• Continuous development of new powder grades for emerging technologies

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7️⃣ 4. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: High-purity water-atomized iron powders

JFE Steel Corporation is a leading Japanese steel producer with a significant presence in the high-purity iron powder market. The company supplies advanced powder metallurgy grades to the automotive and electronics industries throughout Asia and globally.

Innovation and Market Position:

• Advanced powder production integrated with steel manufacturing

• Strong technological partnerships with Japanese automotive manufacturers

• Focus on high-performance powders for precision components

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6️⃣ 5. Kobe Steel, Ltd. (Kobelco)

Headquarters: Kobe, Japan
Key Offering: KIP® series water-atomized iron powders

Kobe Steel’s Kobelco division is a major global supplier of high-quality iron powders, particularly known for their KIP® (Kobe Iron Powder) series. The company has extensive expertise in both water and gas atomization processes, serving diverse industrial applications.

Innovation and Market Position:

• Comprehensive product range for various powder metallurgy applications

• Strong presence in Asian and international markets

• Continuous investment in powder quality and production efficiency

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5️⃣ 6. CNPC Powder Material Co., Ltd.

Headquarters: Jiaozuo, Henan, China
Key Offering: Full range of atomized iron and steel powders

CNPC Powder Material is one of China’s largest and most technologically advanced producers of metal powders. The company has significantly expanded its production capacity and technological capabilities to serve both domestic Chinese demand and international markets.

Innovation and Market Position:

• Rapid capacity expansion to meet growing Asian market demand

• Strong focus on powder metallurgy and MIM applications

• Increasing exports to global automotive and industrial sectors

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4️⃣ 7. Pometon S.p.A.

Headquarters: Maerne di Martellago, Italy
Key Offering: Specialty iron and non-ferrous metal powders

Pometon is a leading European producer of metal powders with a strong focus on specialized applications. The company offers a diverse portfolio of high-purity iron powders and has particular expertise in powders for friction materials, welding, and chemical applications.

Innovation and Market Position:

• Specialist in niche powder applications beyond conventional PM

• Strong R&D capabilities in powder surface modification

• Strategic focus on high-value specialty powder markets

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3️⃣ 8. Laiwu Iron & Steel Group Powders Co., Ltd.

Headquarters: Jinan, Shandong, China
Key Offering: Water-atomized iron powders for various applications

Laiwu Iron & Steel Group Powders is a major Chinese producer leveraging vertical integration with its parent steel company. The manufacturer supplies a wide range of iron powders to domestic and international markets, with growing capabilities in high-performance grades.

Innovation and Market Position:

• Integrated production from iron ore to finished powder products

• Significant production scale serving Chinese industrial growth

• Expanding technological capabilities for advanced applications

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2️⃣ 9. Jiande Yitong Metal Powder Co., Ltd.

Headquarters: Jiande, Zhejiang, China
Key Offering: High-purity water-atomized iron powders

Jiande Yitong is a specialized Chinese producer focused on high-quality metal powders for demanding applications. The company has established a strong reputation for product consistency and technical service support in both domestic and export markets.

Innovation and Market Position:

• Focus on quality and consistency for precision applications

• Growing export business to international markets

• Technical collaboration with major powder metallurgy parts producers

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1️⃣ 10. BaZhou HongSheng

Headquarters: Bazhou, Hebei, China
Key Offering: Various grades of atomized iron powder

BaZhou HongSheng is an emerging Chinese manufacturer of metal powders, contributing to the country’s growing self-sufficiency in advanced materials. The company supplies iron powders for both conventional powder metallurgy and emerging applications in the domestic market.

Innovation and Market Position:

• Growing production capacity to serve Chinese industrial demand

• Focus on cost-effective powder solutions for mass production

• Expanding technical capabilities and product quality

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More than 99% Atomized Iron Powder Market – View in Detailed Research Report

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🌍 Outlook: The Future of Atomized Iron Powder Is High-Performance and Sustainable

The more than 99% atomized iron powder market is undergoing significant transformation. While traditional powder metallurgy applications continue to drive volume, the industry is investing heavily in advanced manufacturing technologies, material innovations, and sustainable production processes.

📈 Key Trends Shaping the Market:

• Rapid adoption of metal additive manufacturing requiring specialized powders

• Growing demand from electric vehicle manufacturers for soft magnetic composites

• Increasing emphasis on sustainable and energy-efficient production methods

• Technological advancements in powder characteristics for enhanced performance

Get Full Report Here:
More than 99% Atomized Iron Powder Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern manufacturing—they’re driving the technological evolution of metal component production across global industries.