The Global Die Steel Powder Market was valued at USD 856.3 Million in 2025 and is projected to reach USD 1.3 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2026–2034). This robust growth is being driven by the accelerating adoption of Additive Manufacturing (3D Printing) across the automotive, aerospace, and tooling industries, coupled with rising demand for complex, high-performance components.

As manufacturing evolves toward digitalization and efficiency, the focus intensifies on the specialized material producers enabling this transformation. In this blog, we profile the Top 10 Companies in the Die Steel Powder Industry—a group of global metal specialists and innovative powder producers shaping the future of advanced manufacturing.

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🔟 1. Daido Steel

Headquarters: Nagoya, Japan
Key Offering: High-Speed Steel (HSS) Powders, Tool Steel Powders

Daido Steel is a global leader in specialty steel production, with a significant and growing portfolio of high-performance die steel powders. The company’s expertise in metallurgy ensures powders with exceptional hardness, wear resistance, and heat treatment capabilities, making them ideal for demanding applications in metal injection molding (MIM) and additive manufacturing.

Key Market Strengths:

• Pioneering gas atomization technology for superior powder sphericity and flowability

• Strong presence in the Asia-Pacific automotive and electronics supply chains

• Extensive R&D focused on next-generation, high-temperature alloy powders

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Die Steel Powder Market – View in Detailed Research Report

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9️⃣ 2. Carpenter Technology Corporation

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

Carpenter Technology is a premier player in the high-performance metal powder market, offering a wide range of die steel powders under its Carpenter Additive brand. The company’s powders are renowned for their consistency, purity, and reliability, serving critical sectors like aerospace, medical, and energy.

Key Market Strengths:

• Proprietary atomization processes ensuring low oxygen content and high density

• Global distribution network and technical support for additive manufacturing users

• Strategic focus on qualifying materials for safety-critical applications

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8️⃣ 3. CNPC POWDER

Headquarters: Beijing, China
Key Offering: Iron-based Alloy Powders, Stainless Steel Powders

As part of the China National Petroleum Corporation, CNPC POWDER is a major supplier of metal powders in the Asian market. The company produces a variety of die steel powders that are extensively used in the region’s booming manufacturing and industrial sectors.

Key Market Strengths:

• Large-scale production capacity to meet high-volume demand

• Competitive pricing strategy for cost-sensitive markets

• Strong integration within China’s domestic industrial supply chain

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7️⃣ 4. HLPOWDER

Headquarters: Hebei, China
Key Offering: Water Atomized Steel Powders, Pre-alloyed Powders

HLPOWDER specializes in water atomization technology, producing a wide array of ferrous-based powders. Their die steel powders are known for their cost-effectiveness and are widely utilized in powder metallurgy parts, MIM, and welding applications.

Key Market Strengths:

• Expertise in water atomization for a diverse range of particle sizes

• Significant market share in the Chinese PM (Powder Metallurgy) industry

• Focus on developing eco-friendly production processes

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6️⃣ 5. ACME

Headquarters: Maharashtra, India
Key Offering: Stainless Steel Powders, Tool Steel Powders

ACME is a leading Indian manufacturer of stainless-steel and other alloy powders. The company has carved a niche in supplying high-quality die steel powders to the domestic and international markets, supporting the growth of additive manufacturing and surface coating industries.

Key Market Strengths:

• Strategic location catering to the rapidly growing Indian manufacturing sector

• Competitive product portfolio tailored for both MIM and thermal spray applications

• Commitment to adhering to international quality standards

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5️⃣ 6. Changzhou Zhiyu Powder Metallurgy

Headquarters: Changzhou, Jiangsu, China
Key Offering: Metal Injection Molding (MIM) Feedstocks, Custom Alloy Powders

Changzhou Zhiyu is a specialized manufacturer focused on providing premium powders for the MIM industry, including various grades of die steel. The company emphasizes custom solutions and technical collaboration with its clients to optimize part production.

Key Market Strengths:

• Deep expertise in MIM feedstock formulation and powder characteristics

• Strong R&D capabilities for developing application-specific alloys

• Growing export business to European and North American markets

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4️⃣ 7. Hunan Mana Materials Technology

Headquarters: Hunan, China
Key Offering: Spherical Metal Powders, Additive Manufacturing Powders

Hunan Mana Materials Technology is an emerging leader in the production of high-quality spherical metal powders for additive manufacturing. Their die steel powders are characterized by excellent flowability and packing density, essential for successful 3D printing processes.

Key Market Strengths:

• Advanced plasma atomization and electrode induction melting gas atomization (EIGA) technologies

• Focus on high-value additive manufacturing applications in medical and aerospace

• Rapid expansion of production capacity to meet global demand

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Die Steel Powder Market – View in Detailed Research Report

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3️⃣ 8. Avimetal Powder Metallurgy Technology (Beijing)

Headquarters: Beijing, China
Key Offering: Nickel-based Superalloy Powders, Titanium Alloy Powders, Steel Powders

Avimetal is a technology-driven company specializing in high-performance metal powders for critical applications. While known for superalloys, their die steel powder offerings are gaining traction for producing durable tools, molds, and functional components via additive manufacturing.

Key Market Strengths:

• Strong focus on R&D and intellectual property in powder production

• Collaborations with academic institutions and research bodies

• Supplying powders for high-stress environments in aerospace and energy sectors

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2️⃣ 9. Anhui Hit 3D Additive

Headquarters: Anhui, China
Key Offering: 3D Printing Metal Powders, Custom Alloy Development

Anhui Hit 3D Additive is dedicated to serving the additive manufacturing industry with a comprehensive portfolio of metal powders, including specialized die steels. The company positions itself as a solutions provider, offering materials tailored for specific 3D printing platforms and applications.

Key Market Strengths:

• Direct focus on the AM sector withapplication-tuned powder characteristics

• Agile development of custom alloys for niche market needs

• Growing partnership network with OEMs of 3D printing systems

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1️⃣ 10. Guangzhou Xianglong High-tech Material Technology

Headquarters: Guangzhou, Guangdong, China
Key Offering: Fine Metal Powders, Nanomaterials

Guangzhou Xianglong specializes in the production of fine and nano-scale metal powders. Their expertise in producing consistently small particle size distributions makes their die steel powders suitable for advanced MIM processes and binder jetting additive manufacturing technologies.

Key Market Strengths:

• Specialization in fine and ultrafine powder production technologies

• Catering to the high-precision requirements of the electronics and medical industries

• Investment in R&D for next-generation material properties

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Die Steel Powder Market – View in Detailed Research Report

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🔧 Outlook: The Future of Die Steel Powder Is Agile and High-Performance

The die steel powder market is undergoing a significant evolution. While traditional powder metallurgy remains a key driver, the industry is increasingly powered by the demands of additive manufacturing and digital factories. The ability to produce complex, lightweight, and highly durable parts on-demand is revolutionizing prototyping and production across sectors.

📈 Key Trends Shaping the Market:

• Accelerated adoption of Laser Powder Bed Fusion (LPBF) for tool and die manufacturing

• Growing demand for custom alloy development to meet specific mechanical property requirements

• Increased focus on powder recyclability and sustainability within the AM process chain

• Strategic collaborations between powder producers and AM machine manufacturers to optimize material-process parameters

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

The companies profiled are not just supplying raw materials—they are essential partners in the digital transformation of global manufacturing, enabling the creation of smarter, stronger, and more efficient products.