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Category: Chemicals and materials

According to a new report by Meticulous Research®, the global Metal Powder Market is projected to reach $10.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. The market's expansion is primarily driven by the rising adoption of additive manufacturing (AM) and an increasing focus on recycling metal waste into powder. However, potential health risks related to metal powder usage could pose challenges to market growth.

The market is expected to benefit from the rising demand for lightweight components across various industries and ongoing advancements in powder metallurgy, which are set to create new growth opportunities. Nevertheless, maintaining the quality and consistency of metal powders remains a significant challenge that could impact market growth.

The metal powder market is segmented into ferrous and non-ferrous categories. By 2024, ferrous metal powders are expected to account for over 65% of the total market share. This segment's dominance is due to the extensive use of ferrous metals in industries such as defense, aerospace, construction, automotive, and healthcare. The inherent strength and durability of ferrous metals, along with the growing preference for atomized iron powder, are key factors driving this segment's growth.

Conversely, the non-ferrous metal powder segment is expected to experience the fastest growth during the forecast period. The growth of this segment is primarily driven by the increasing use of composite materials in additive manufacturing, the rising popularity of titanium powders for aerospace and automotive applications, and ongoing innovations in alloy development.

The market is further segmented by application into additive manufacturing, metal-injection molding, pressing & sintering, and other technologies. In 2024, the pressing & sintering segment is expected to account for the largest share of the metal powder market. This segment's large market share is attributed to its cost-effectiveness and the growing focus of manufacturers on expanding production capacities. For instance, in February 2024, SAP PARTS Pvt. Ltd. in India installed a new metal powder press to boost production capacity and enhance the compaction process.

However, the additive manufacturing segment is expected to register the highest CAGR of 9.0% during the forecast period. This growth is driven by the development of new alloys, increased use of AM for prototyping, jewelry-making, and the production of lightweight components across various industries, including aerospace, automotive, and defense. Companies are also focusing on expanding metal powder production for additive manufacturing, as demonstrated by Pometon S.p.A.'s establishment of a new division in 2021.

Based on the source of metal powder, the market is segmented into pure/ore metal powder and recycled metal powder. By 2024, recycled metal powders are expected to account for over 56% of the total market share. The growth of this segment is driven by increasing sustainability initiatives and the development of metal powder recycling systems.

This segment is also expected to grow at the fastest rate during the forecast period, fueled by the use of scrap and discarded parts as feedstock for new powders in additive manufacturing and the expansion of manufacturing activities.

Regarding production methods, the market is segmented into chemical, mechanical, and physical methods. The mechanical method is expected to lead the market in 2024, accounting for over 44% of the total share. This segment's dominance is driven by its cost-effectiveness and the increasing use of recycled metal powders. Additionally, mechanical processes' ability to produce ultrafine powders with high melting points further supports this segment's growth.

The metal powder market is also segmented by end-use industries, including automotive, aerospace & defense, heavy machinery & tools, medical & dental devices, oil & gas, chemical, construction, energy & power, transportation, and others. In 2024, the heavy machinery & tools segment is expected to account for the largest share of the market, with over 33% of the total share. This segment's large market share is attributed to the increased use of metal powders in heavy machinery manufacturing due to their material flexibility, versatility, and cost-effectiveness. The aerospace & defense segment is anticipated to grow at the fastest rate, driven by the use of metal powders in producing high-strength aerospace parts and the increasing use of 3D printing for prototyping.

Geographically, the metal powder market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to lead the market, accounting for over 37% of the total share. This dominance is due to the strong manufacturing base in China, South Korea, and Japan, as well as the rapid growth of manufacturing in Southeast Asia. The Asia-Pacific region is also expected to experience the highest CAGR of 7.5% during the forecast period, driven by increasing industrialization, urbanization, and demand from the automotive sector.

Key Players:

Some of the key players operating in the metal powder market are Höganäs AB (Sweden), GKN Powder Metallurgy (U.K.), Advanced Technology & Materials Co., Ltd. (China), Sandvik AB (Sweden), AMETEK Inc. (U.S.), Tekna Holding ASA (Canada), BASF SE (Germany), Aubert & Duval (France), Alcoa Corporation (U.S.), ATI Inc. (U.S.), Carpenter Technology Corporation (U.S.), RusAL (Russia), Rio Tinto (U.K.), Kymera International (U.S.), and Praxair S.T. Technology, Inc. (U.S.)

Download Sample Report Here https://www.meticulousresearch.com/download-sample-report/cp_id=5860

Key questions answered in the report-

  • Which are the high-growth market segments based on metal type, application, source, production, and end user?
  • What was the historical market for metal powder?
  • What are the market forecasts and estimates for the period 2024–2031?
  • What are the major drivers, restraints, and opportunities in the metal powder market?
  • Who are the major players, and what shares do they hold in the metal powder market?
  • What is the competitive landscape like in the metal powder market?
  • What are the recent developments in the metal powder market?
  • What are the different strategies adopted by the major players in the metal powder market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the metal powder market, and how do they compete with the other players?

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Meticulous Research®
Email-  sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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Meticulous Research®, a globally recognized market research firm, has released its latest report titled " Window Frames Market by Material (Plastic, Metal, Fiberglass, Wood, Wood-clad), Type (Single-Hung, Double-Hung, Fixed, Others), End User (Residential, Commercial, Others) - Global Forecast to 2031."

According to the report, the global window frames market is expected to reach $61.4 billion by 2031, with a CAGR of 8.6% from 2024 to 2031. The market is also projected to reach 345.7 million units by 2031, with a CAGR of 8.9%.

The market's growth is driven by the rapid expansion of the construction industry and accelerating urbanization in developing countries. Moreover, the increasing demand for window frames in renovation projects and the growing popularity of vinyl windows are expected to create additional growth opportunities. However, challenges such as the high cost of eco-friendly materials and fluctuations in raw material prices may impede market growth.

The market is segmented by material, type, and end-user, and the report provides a comprehensive analysis of key competitors and regional trends.

The material segment includes plastic, metal, fiberglass, wood, and wood-clad. The plastic segment is expected to hold the largest share of the market in 2024, due to its low maintenance requirements, durability, and superior insulation properties. The fiberglass segment is anticipated to grow at the highest CAGR, driven by its environmental sustainability, resistance to physical degradation, and energy efficiency.

The market is further segmented by type, including single-hung, double-hung, slider, casement, fixed, awning, glass block, and hopper window frames. Single-hung window frames are projected to dominate the market in 2024, owing to their energy efficiency, durability, and affordability. The awning window frames segment is expected to grow at the fastest rate, due to its superior ventilation and diverse design possibilities.

The end-user segment is divided into residential, commercial, and industrial categories. The residential segment is expected to lead the market in 2024, driven by increasing investments in housing and the need for enhanced aesthetics, privacy, and cross-ventilation. The commercial segment is anticipated to grow at the highest CAGR, supported by rising investments in commercial construction and the demand for energy-efficient, secure, and soundproof buildings.

Regionally, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to hold the largest market share in 2024, driven by rapid urbanization, infrastructure development, and the growing popularity of energy-efficient uPVC windows. The Asia-Pacific region is also expected to register the highest growth rate during the forecast period.

Key Players:

The key players operating in the window frames market are Pella Corporation (U.S.), Andersen Corporation (U.S.), Milgard Manufacturing, LLC. (U.S.), Atrium Corporation (U.S.), MI Windows and Doors, LLC. (U.S.), JELD-WEN Holdings, Inc. (U.S.), Anglian Home Improvements (U.K.), Chelsea Building Products (U.S.), Crystal Window & Door Systems (U.S.), Deceuninck (Belgium), Eurocell (U.K.), Schuco International KG (Germany), LIXIL Corporation (Japan), Masco Corporation (U.S.), and BG Legno Srl (Italy).       

Download Sample Report Here @  https://www.meticulousresearch.com/download-sample-report/cp_id=5883

Key questions answered in the report-

  • Which are the high-growth market segments based on material, type, and end user?
  • What was the historical market for window frames?
  • What are the market forecasts and estimates for the period 2024–2031?
  • What are the major drivers, opportunities, and challenges in the window frames market?
  • Who are the major players, and what shares do they hold in the window frames market?
  • How is the competitive landscape in the window frames market?
  • What are the recent developments in the window frames market?
  • What are the different strategies adopted by the major players in the window frames market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the global window frames market, and how do they compete with the other players?

 

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Email-  sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
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Meticulous Research®, a leading global market research firm, has published a detailed report titled, ‘‘ Hydrogen Storage Market by Storage Solution (Tanks, Cylinders), Storage Type (Physical Storage, Material-based Storage), Application (Fuel Cell, Chemical Production, Manufacturing, Oil & Gas), and Geography—Global Forecast to 2031.’

This new report by Meticulous Research® forecasts the hydrogen storage market to reach $38.3 billion by 2031, with a CAGR of 8.3% during the forecast period.

Key drivers of market growth include the increasing use of hydrogen storage tanks for transportation and the rising adoption of hydrogen storage facilities for power generation. However, the market faces challenges due to the high capital costs of hydrogen storage facilities.

Rising government support for hydrogen production and the increasing demand for hydrogen-based fuel cells in vehicles are expected to provide significant growth opportunities. However, the high flammability of hydrogen presents considerable storage challenges.

Trends in the hydrogen storage market include the increasing use of renewable energy sources for hydrogen production and the growing application of hydrogen in oil refineries and chemical industries.

The hydrogen storage market is segmented by storage solution (tanks, cylinders, portable storage, and other storage solutions), storage type (physical storage [liquid, gas], material-based storage [adsorbent, metallic hydrides, complex hydrides, chemical hydrogen]), application (fuel cell [fuel cell electric vehicles, power generation, boats and submarines, and aviation], chemical production, manufacturing, oil & gas, aerospace & defense, and other applications), and geography. The study also evaluates industry competitors and provides analysis at regional and country levels.

Storage solutions in the market include tanks, cylinders, portable storage, and other options. By 2024, the cylinders segment is expected to hold the largest market share due to their versatility in storing hydrogen in multiple forms (gaseous, liquid, solid), high-pressure storage capacity, and cost-effectiveness. The rising demand for zero-emission mobility solutions also drives the adoption of cylinders.

The portable storage segment is projected to register the highest CAGR during the forecast period. This growth is driven by the increasing demand for fuel cell electric vehicles (FCEVs), the need to transport hydrogen across diverse locations, and initiatives aimed at reducing CO2 emissions.

Storage types are categorized into physical and material-based storage. Physical storage is expected to hold the larger share by 2024, driven by its high energy density, the benefit of leveraging existing infrastructure, and quick refueling times. This segment is also expected to grow at the highest CAGR during the forecast period.

Applications of hydrogen storage include fuel cells, chemical production, manufacturing, oil & gas, aerospace & defensse, and other applications. By 2024, the fuel cell segment is forecasted to lead the market, driven by expanding infrastructure for transportation and power applications and the increasing adoption of fuel cells in e-mobility to mitigate greenhouse gas emissions and reduce oil dependence. This segment is also expected to register the highest CAGR during the forecast period.

Geographically, North America is expected to account for the largest share of the hydrogen storage market by 2024. This growth is attributed to initiatives aimed at reducing greenhouse gas emissions, technological advancements in hydrogen storage facilities, the adoption of fuel cell electric vehicles, and the use of renewable sources for hydrogen production. The Asia-Pacific region is projected to register the highest CAGR, driven by the growing adoption of fuel cell electric vehicles, increased hydrogen use in refineries and chemical industries, and supportive government policies for hydrogen production.

Key Players:

The key players operating in the hydrogen storage market include L’Air Liquide S.A. (France), Chart Industries, Inc. (U.S.), Linde GmbH (Germany) (A subsidiary of Linde plc), Matheson Tri-Gas, Inc. (U.S.) (A subsidiary of Nippon Sanso Holdings Corporation), Hexagon Purus ASA (Norway), Luxfer Gas Cylinders (England) (A subsidiary of Luxfer Holdings PLC), Merck KGaA (Germany), Hanwha Corporation (South Korea), Eutectix LLC (U.S.), HBank Technologies Inc. (Taiwan), SPG Hydrogen Co., Ltd. (South Korea), FIBA Technologies, Inc. (U.S.), American Elements (U.S.), NPROXX B.V. (Netherlands), Steelhead Composites, Inc. (U.S.), CALVERA HYDROGEN, S.A. (Spain), and Pragma Industries (France).

Download Sample Report Here @  https://www.meticulousresearch.com/download-sample-report/cp_id=5653

Key questions answered in the report-

  • Which are the high-growth market segments based on storage solution, storage type, application, and geography?
  • What was the historical market for hydrogen storage?
  • What are the market forecasts and estimates for 2024–2031?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the hydrogen storage market?
  • Who are the major players in the hydrogen storage market, and what shares do they hold?
  • What is the competitive landscape like in the hydrogen storage market?
  • What are the recent developments in the hydrogen storage market?
  • What are the strategies adopted by the major players in the hydrogen storage market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the hydrogen storage market, and how do they compete with the other players?

Contact Us:
Meticulous Research®
Email-  sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn-  https://www.linkedin.com/company/meticulous-research

Meticulous Research®, an established global market research company, has released a detailed report titled " Optical Coatings Market by Type, Material, Technology, Application, and Geography - Global Forecast to 2031." According to the report, the global optical coatings market is forecasted to reach $25.9 billion by 2031, with a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.

This growth is primarily driven by the increasing demand for optical coatings in the solar power industry and the adoption of vacuum deposition technology in optical coating processes. Additionally, the expanding application of optical coatings in healthcare and biotechnology is expected to present significant growth opportunities for market players. However, fluctuating raw material prices pose a challenge to market expansion. The rising popularity of anti-reflective coatings is also an important trend to watch in this market.

The market is divided into segments based on type, material, technology, application, and geography. The report also provides an in-depth analysis of the competitive landscape at both regional and global levels. The type segment includes anti-reflective coatings, high-reflective coatings, filter coatings, beam splitter coatings, transparent conductive coatings, polarizing coatings, and others. The anti-reflective coatings segment is anticipated to dominate the market in 2024, owing to its ability to enhance the durability and performance of optical components. This segment is also expected to exhibit the highest growth rate during the forecast period.

In the material segment, silicon dioxide, titanium dioxide, magnesium fluoride, fluorides, germanium, metal coatings, dielectric coatings, and other materials are included. Silicon dioxide is expected to command the largest market share in 2024, driven by its extensive use in maintaining high light transmission in optical devices. The technology segment features vacuum deposition, e-beam deposition, ion-assisted deposition, plasma-assisted e-beam deposition, and advanced plasma sputtering. Vacuum deposition is projected to lead the market in 2024, thanks to its precision in controlling layer thickness and composition during the coating process.

The application segment covers consumer electronics, solar, medical, aerospace & defense, automotive, telecommunication, transportation, and others. The consumer electronics segment is expected to hold the largest share in 2024, driven by the growing use of optical coatings to improve device performance. However, the aerospace & defense segment is expected to register the fastest growth, fueled by the increasing adoption of optical coatings in critical aerospace and defense applications.

Regionally, North America is expected to hold the largest market share in 2024, supported by the presence of major industry players and growing demand for optical coatings in energy-efficient buildings. Conversely, the Asia-Pacific region is anticipated to witness the highest growth during the forecast period, driven by strong demand in the automotive, healthcare, and electronics sectors.

Key Players

The key players operating in the optical coatings market are DuPont de Nemours, Inc. (U.S.), Carl Zeiss AG (Germany), Nippon Sheet Glass Co., Ltd. (Japan), Inrad Optics, Inc. (U.S.), PPG Industries, Inc. (U.S.), Newport Corporation (A Subsidiary of MKS Instruments, Inc.) (U.S.), Coherent Corp. (U.S.), ALLUXA, INC. (A Subsidiary of Enpro Inc.) (U.S.), Materion Corporation (U.S.), Reynard Corporation (U.S.), Chroma Technology Corp. (U.S.), Cascade Optical Corporation (U.S.), Abrisa Technologies (U.S.), Surface Optics Corporation (U.S.), and Optimax Systems, Inc. (U.S.).

Download Sample Report Here @  https://www.meticulousresearch.com/download-sample-report/cp_id=5955 

Key Questions Answered in the Report:

  • Which are the high-growth market segments in terms of type, material, technology, and application?
  • What is the historical market size for global optical coatings?
  • What are the market forecasts and estimates for 2024–2031?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the global optical coatings market?
  • Who are the major players in the global optical coatings market, and what are their market shares?
  • What is the competitive landscape like?
  • What are the recent developments in the global optical coatings market?
  • What are the different strategies adopted by major market players?
  • What are the trends and high-growth countries?
  • Who are the emerging players in the global optical coatings market, and how do they compete with other players?

Contact Us:
Meticulous Research®
Email-  sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn-  https://www.linkedin.com/company/meticulous-research

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