The Global Metals Powder Market was valued at USD 8.43 billion in 2023 and is projected to reach USD 12.32 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period (2024-2032). This growth is being driven by expanding applications in additive manufacturing, powder metallurgy, and surface coating technologies across automotive, aerospace, and medical sectors.

As manufacturing undergoes a materials revolution, metal powders are becoming fundamental to producing high-performance components with complex geometries. In this analysis, we examine the Top 10 Companies in the Metals Powder Industry — innovators transforming how industries source and utilize particulate metals.

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🔟 1. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Iron, steel, and copper alloy powders

The global leader in metal powder production, Höganäs serves over 2,000 customers across 75 countries with solutions for powder metallurgy and additive manufacturing. The company holds 1797 heritage in metallurgical innovation.

Market Position:

• 30% global market share in metal powders
• Annual production capacity exceeding 500,000 tons
• 52 patented powder production technologies

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9️⃣ 2. GKN Hoeganaes

Headquarters: Cinnaminson, New Jersey, USA
Key Offering: Atomized ferrous powders

This Powder Metallurgy division of GKN operates the world’s largest single-site production facility, supplying the automotive industry with precision components since 1948.

Market Position:

• 250,000+ tons annual production capacity
• 40% North American market share
• ANCORSTEEL® powder technology leader

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8️⃣ 3. Rio Tinto Metal Powders

Headquarters: Montreal, Canada
Key Offering: Aluminum and titanium powders

The mining giant’s powder division supplies high-purity materials for aerospace and defense applications through advanced atomization processes.

Market Position:

• #1 in aluminum powder production
• APEX™ brand industry standard
• 15% market share in titanium powders

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7️⃣ 4. Carpenter Technology

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Specialty alloy powders

Carpenter supplies mission-critical materials for aerospace engines and medical implants through proprietary powder metallurgy processes.

Market Position:

• 8 patented powder production methods
• 300+ aerospace qualifications
• ISO 13485 certified for medical

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Global Metals Powder Market – View in Detailed Research Report

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6️⃣ 5. Sandvik AB

Headquarters: Stockholm, Sweden
Key Offering: Gas-atomized powders

Sandvik’s Osprey® brand sets the benchmark for additive manufacturing powders in demanding aerospace and energy applications.

Market Position:

• 20,000 tons annual AM powder capacity
• 35% market share in nickel superalloys
• Closed-loop recycling technology

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5️⃣ 6. Praxair Surface Technologies

Headquarters: Indianapolis, Indiana, USA
Key Offering: Thermal spray powders

Now part of Linde plc, Praxair leads in engineered powders for wear-resistant coatings in industrial applications.

Market Position:

• 80+ coating powder formulations
• 15 global production facilities
• #1 tungsten carbide producer

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4️⃣ 7. Alcoa

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Aluminum powders

The metals giant produces atomized aluminum products for chemical, pyrotechnic and metallurgical applications.

Market Position:

• 25% aluminum powder market share
• Pioneer in gas atomization
• 1,500+ customized alloys

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3️⃣ 8. Daido Steel

Headquarters: Nagoya, Japan
Key Offering: Specialty steel powders

Daido leads the Asian market with its DAP® powder series for automotive components and industrial applications.

Market Position:

• 50,000 tons annual capacity
• 40% Japanese market share
• Nanoparticle enhancement leader

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2️⃣ 9. Kennametal

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Tungsten carbide powders

The industry leader in hardmetal powders for cutting tools and wear-resistant components.

Market Position:

• 75 years carbide expertise
• 30% market share in tooling powders
• Nano-grained formulations pioneer

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1️⃣ 10. BASF Metal Powders

Headquarters: Ludwigshafen, Germany
Key Offering: AM-optimized powders

BASF’s forward-thinking division develops advanced materials for industrial 3D printing applications.

Market Position:

• 15+ proprietary AM alloys
• Chemical giant’s materials expertise
• Circular economy focus

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Global Metals Powder Market – View in Detailed Research Report

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🌍 Market Outlook: Powder Technologies Powering Manufacturing’s Future

The metals powder sector is undergoing transformation as additive manufacturing reaches industrial scale and traditional powder metallurgy evolves with new material science.

📈 Key Industry Trends:

• 4.3% CAGR through 2032
• 50%+ demand growth for AM powders
• Titanium powder market doubling by 2027
• Automotive consuming 40% of global output

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

The companies profiled represent the vanguard of materials innovation, enabling manufacturing breakthroughs through particulate metal solutions.