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 (2024–2032). This robust growth is powered by the expansive adoption of additive manufacturing (3D printing), rising demand from the automotive and aerospace sectors for lightweight components, and significant advancements in powder metallurgy technologies.

As industries worldwide push for greater efficiency, sustainability, and design complexity, metal powders have become the foundational material for next-generation manufacturing. In this blog, we profile the Top 10 Companies in the Metal Powder Industry—a collection of global leaders and innovators who are supplying the critical materials that shape everything from electric vehicles to aircraft engines.

---

🔟 1. Höganäs AB

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

Höganäs AB is the world’s largest producer of metal powders, with a history dating back to 1797. The company dominates the market for iron and steel powders, which are essential for the automotive industry’s powder metallurgy components. Höganäs serves a global clientele with a focus on developing sustainable powder solutions that reduce material waste and energy consumption.

Innovation and Sustainability Initiatives:

• Pioneering water-atomized steel powders with reduced carbon footprint

• Investment in advanced additive manufacturing powder portfolios

• Committed to carbon-neutral operations by 2050

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

---

9️⃣ 2. GKN Hoeganaes

Headquarters: London, United Kingdom
Key Offering: Ancormet® Steel Powders, ANCORDENSE® Premixes, Additive Manufacturing Powders

GKN Hoeganaes, part of the global engineering group GKN, is a premier manufacturer of metal powders in North America and Europe. The company is renowned for its high-quality ferrous powders used in critical automotive parts like connecting rods and transmission components, contributing significantly to vehicle lightweighting.

Innovation and Sustainability Initiatives:

• Development of high-density ANCORDENSE® technology for superior part strength

• Expansion of additive manufacturing material offerings for aerospace

---

8️⃣ 3. Rio Tinto Metal Powders

Headquarters: Sorel-Tracy, Quebec, Canada
Key Offering: ATMET® Iron Powders, Aluminium Powders, Specialty Alloys

Rio Tinto Metal Powders is a leading global supplier of high-purity iron and metal powders. Its products are critical for applications ranging from powder metallurgy and welding to chemical processes and pyrotechnics. The company leverages Rio Tinto’s vast mining resources to ensure a consistent and high-quality raw material supply.

Innovation and Sustainability Initiatives:

• Focus on producing low-oxygen, high-compressibility iron powders

• Initiatives to reduce water and energy consumption in atomization processes

---

7️⃣ 4. Sandvik AB

Headquarters: Sandviken, Sweden
Key Offering: Osprey® Metal Powders, Titanium Alloys, Nickel-Based Superalloys

Sandvik’s additive manufacturing division is a key player in the high-performance metal powder market, particularly for demanding aerospace, medical, and energy applications. Their Osprey® gas-atomized powders are renowned for their excellent flowability and consistency, making them ideal for critical 3D-printed components.

Innovation and Sustainability Initiatives:

• Leader in titanium and nickel superalloy powders for additive manufacturing

• Implementation of closed-loop powder recycling systems to minimize waste

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

---

6️⃣ 5. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Carpenter Additive Powders, Specialty Alloys, Titanium Powders

Carpenter Technology is a leading producer and distributor of premium specialty alloys, including metal powders for additive manufacturing. The company serves the aerospace, defense, medical, and energy sectors with high-performance materials that meet stringent quality and certification standards.

Innovation and Sustainability Initiatives:

• Development of proprietary alloy powders optimized for specific AM processes

• Focus on supply chain sustainability and material traceability

---

5️⃣ 6. Alcoa Corporation

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Aluminium Powders, Aluminium Alloy Powders, Specialty Metals

Alcoa is a global leader in the production of bauxite, alumina, and aluminium products, including high-quality aluminium powders. These powders are essential for additive manufacturing, pyrotechnics, and the production of lightweight automotive components, leveraging Alcoa’s expertise in metallurgy and material science.

Innovation and Sustainability Initiatives:

• Investment in producing spherical aluminium powders for 3D printing

• Sustainability goals focused on reducing the carbon footprint of aluminium production

---

4️⃣ 7. Kymera International

Headquarters: Research Triangle Park, North Carolina, USA
Key Offering: Non-Ferrous Metal Powders, Cobalt-Based Alloys, Tungsten Carbide Powders

Kymera International is a global manufacturer of advanced non-ferrous metal powders and paste products. The company’s diverse portfolio serves markets including automotive, industrial, and electronics, with a strong focus on custom-engineered solutions for specific customer applications.

Innovation and Sustainability Initiatives:

• Expertise in complex alloy systems like cobalt and tungsten-based powders

• Emphasis on recycling and responsible sourcing of raw materials

---

3️⃣ 8. Vale S.A.

Headquarters: Rio de Janeiro, Brazil
Key Offering: High-Purity Iron Ore Powders, Nickel Powders

Vale, one of the world’s largest mining companies, is a significant supplier of raw materials for the metal powder industry. While primarily known for iron ore, Vale also produces nickel powders that are crucial for stainless steel, batteries, and specialist alloys, linking mining directly to advanced manufacturing supply chains.

Innovation and Sustainability Initiatives:

• Development of high-grade iron ore products for direct reduction processes

• Major investments in tailings management and environmental recovery programs

---

2️⃣ 9. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Steel Powders, Electrolytic Iron Powder, Specialty Steel Products

JFE Steel Corporation is a major Japanese steel producer with a growing presence in the high-value metal powder market. The company supplies high-quality steel powders primarily to the Asian automotive and electronics industries, supporting regional manufacturing with advanced material solutions.

Innovation and Sustainability Initiatives:

• R&D focused on powders for magnetic applications and electronic components

• Commitment to the technological development of the Japanese manufacturing sector

---

1️⃣ 10. Shandong Luyin New Material Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Iron Powders, Copper Powders, Pre-alloyed Steel Powders

Shandong Luyin New Material is a prominent Chinese manufacturer of metal powders, catering to the vast domestic and international markets. The company specializes in cost-effective iron and copper powders used in powder metallurgy, friction materials, and welding electrodes, playing a key role in Asia-Pacific’s industrial growth.

Innovation and Sustainability Initiatives:

• Expansion of production capacity to meet rising regional demand

• Focus on improving product consistency and purity for export markets

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

---

🌍 Outlook: The Future of Metal Powder Is Smarter and More Sustainable

The metal powder market is undergoing a profound transformation. While traditional powder metallurgy continues to grow, the industry is channeling massive investment into additive manufacturing technologies, advanced alloy development, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Exponential growth in metal 3D printing applications across aerospace and healthcare

• Rising demand for lightweighting materials driven by electric vehicle production

• Increased focus on powder recycling and circular economy principles within additive manufacturing

• Strategic partnerships between powder producers and end-users to co-develop application-specific materials

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

The companies listed above are not only supplying essential manufacturing materials—they are actively shaping the future of industrial production through material innovation and sustainable practices.