The Global Nickel Free Stainless Steel Powder Market was valued at US$ 235.8 Million in 2025 and is projected to reach US$ 382.5 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2025–2034). This robust growth is being driven by rising demand for hypoallergenic medical devices, stringent regulations on nickel exposure, and the expanding adoption of additive manufacturing (3D printing) across critical industries.

As global industries pivot towards biocompatible and corrosion-resistant materials, the demand for high-performance, nickel-free alternatives is accelerating. In this blog, we profile the Top 10 Companies in the Nickel Free Stainless Steel Powder Industry—a select group of material science leaders and advanced manufacturers shaping the future of specialty metal powders.

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🔟 1. GKN Powder Metallurgy (GKN Hoeganaes)

Headquarters: Radevormwald, Germany
Key Offering: Nickel-free stainless steel powders for MIM (Metal Injection Molding) and AM (Additive Manufacturing)

GKN Powder Metallurgy, operating through its Hoeganaes division, is a global leader in metal powder production. The company specializes in developing advanced nickel-free stainless steel powders that offer excellent corrosion resistance and mechanical properties, catering primarily to the medical and aerospace sectors.

Innovation & Capacity:

• Patented gas-atomization processes for superior powder sphericity and flowability
• Significant investments in R&D for bio-compatible alloy development
• Global production facilities ensuring robust supply chain resilience

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9️⃣ 2. Outokumpu Oyj

Headquarters: Helsinki, Finland
Key Offering: Forta LDX series and other nickel-lean/nickel-free stainless steel alloys

Outokumpu is one of the world’s largest stainless steel producers, with a strong focus on sustainable and innovative material solutions. The company’s expertise in developing lean-duplex stainless steels, which minimize or eliminate nickel content while maintaining high strength and corrosion resistance, positions it as a key player in the nickel-free powder market.

Sustainability & Product Development:

• Pioneering circular economy principles in stainless steel production
• Development of high-strength, low-nickel duplex steels for demanding applications
• Commitment to reducing the environmental footprint of alloy production

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8️⃣ 3. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Stainless steel powders, including nickel-free grades for PM (Powder Metallurgy)

Höganäs is a world-leading manufacturer of metal powders with a century of experience. The company produces a range of stainless steel powders, with dedicated R&D efforts focused on creating nickel-free alternatives that meet the stringent requirements of the medical and food processing industries.

Market Leadership:

• Extensive portfolio of water- and gas-atomized metal powders
• Strong focus on custom alloy development for specific customer applications
• Global distribution network serving diverse industrial sectors

Download FREE Sample Report: Nickel Free Stainless Steel Powder Market – View in Detailed Research Report

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7️⃣ 4. Sandvik AB

Headquarters: Sandviken, Sweden
Key Offering: Osprey® nickel-free stainless steel gas atomized powders

Sandvik’s Osprey brand is synonymous with high-quality metal powders for additive manufacturing and surface coating. The company offers premium nickel-free stainless steel powders known for their consistent particle size distribution, high purity, and excellent performance in critical applications like medical implants and chemical processing equipment.

Technology & Quality:

• Proprietary gas atomization technology ensuring high powder quality
• Stringent quality control protocols for medical-grade applications
• Comprehensive technical support and application development services

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6️⃣ 5. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Nickel-free stainless steel powders for automotive and electronics applications

JFE Steel is a major Japanese steel producer with advanced capabilities in powder metallurgy. The company develops nickel-free stainless steel powders tailored for the Asian market, focusing on cost-effective solutions for automotive components and consumer electronics where nickel sensitivity is a concern.

Regional Focus & Applications:

• Strong presence in the Asia-Pacific automotive supply chain
• Development of powders optimized for press-and-sinter processes
• Focus on cost-performance balance for high-volume applications

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5️⃣ 6. HLPOWDER

Headquarters: Jiaxing, China
Key Offering: Customized nickel-free stainless steel powders for 3D printing and MIM

HLPOWDER is a rapidly growing Chinese manufacturer specializing in high-performance metal powders. The company has gained recognition for its ability to produce tailored nickel-free stainless steel powders that meet international quality standards, serving both domestic and global markets in the additive manufacturing sector.

Growth & Customization:

• Rapid response to custom powder specifications
• Competitive pricing strategy for cost-sensitive markets
• Expanding production capacity to meet growing global demand

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4️⃣ 7. Kintai New Materials

Headquarters: Zhuhai, China
Key Offering: Specialty stainless steel powders including nickel-free grades

Kintai New Materials is an emerging player in the advanced materials sector, focusing on the development and production of specialty metal powders. The company’s nickel-free stainless steel powders are increasingly used in medical devices, jewelry, and consumer goods where skin contact necessitates hypoallergenic properties.

Specialization & Market Niche:

• Focus on high-value, specialty powder applications
• Developing proprietary alloy formulations for specific industry needs
• Strategic partnerships with end-users for application development

Download FREE Sample Report: Nickel Free Stainless Steel Powder Market – View in Detailed Research Report

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3️⃣ 8. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Premium nickel-free stainless steel powders for aerospace and medical

Carpenter Technology is a recognized leader in the development of high-performance specialty alloys. While traditionally strong in nickel-based superalloys, the company has expanded its portfolio to include advanced nickel-free stainless steel powders that meet the demanding requirements of regulated industries like aerospace and medical implant manufacturing.

Quality & Certification:

• Extensive certifications for aerospace and medical applications (AS9100, ISO 13485)
• Strong focus on traceability and lot consistency
• Technical expertise in alloy design for extreme environments

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2️⃣ 9. ATI Inc.

Headquarters: Dallas, Texas, USA
Key Offering: Specialty metal powders including nickel-free stainless grades

ATI is a global manufacturer of high-performance materials, including a diverse range of metal powders for additive manufacturing and traditional powder metallurgy. The company’s expertise in metallurgy allows it to develop nickel-free stainless steel alternatives that maintain performance characteristics critical for defense and industrial applications.

Diversification & Technology:

• Broad materials portfolio spanning multiple alloy systems
• Advanced melting and atomization capabilities
• Strong presence in defense and energy sectors

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1️⃣ 10. Erasteel

Headquarters: Sassenage, France
Key Offering: High-speed steel and specialty steel powders, including nickel-free formulations

Erasteel, a subsidiary of the ERAMET Group, is a specialist in powder metallurgy with a focus on high-performance steels. The company’s expertise in atomization processes enables it to produce high-quality nickel-free stainless steel powders for applications requiring wear resistance, corrosion resistance, and biocompatibility.

European Leadership & Innovation:

• Leading European producer of gas-atomized powders
• Strong R&D focus on sustainable material solutions
• Strategic positioning to serve the European medical and luxury goods markets

Get Full Report Here: Nickel Free Stainless Steel Powder Market – View in Detailed Research Report

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🌍 Outlook: The Future of Nickel Free Stainless Steel Powder is High-Performance and Sustainable

The nickel free stainless steel powder market is experiencing a fundamental transformation. As regulatory pressure increases and end-user awareness grows regarding nickel allergies, the industry is investing heavily in advanced alloy development, precision manufacturing technologies, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Accelerated adoption in medical implants and surgical instruments driven by biocompatibility requirements
• Growing utilization in additive manufacturing for complex, high-value components
• Increasing regulatory standards for nickel content in consumer products and workplace safety
• Development of new alloy systems that maintain performance without nickel content

Get Full Report Here: Nickel Free Stainless Steel Powder Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re driving the technological evolution of advanced manufacturing and materials science.