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Sintered Steel Market Size

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Report ID: 2584
Published Date: Oct 14, 2024
Report Format: PDF, PPT

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Sintered Steel Market Size

Sintered Steel Market size was valued at USD 24.58 billion in 2023 and is set to exceed USD 39.92 billion by 2036, registering over 3.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of sintered steel is evaluated at USD 25.33 billion. Increasing wide-scale applications of sintered steel in production of automobile products owing to its favorable mechanical properties are the significant factors boosting the market growth.

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Sintered Steel Market Size & Share, Growth Forecast 2036

Author Credits: Richa Gupta

Report ID: 2584
Published Date: Oct 14, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of sintered steel is evaluated at USD 25.33 billion.

Sintered Steel Market size was valued at USD 24.58 billion in 2023 and is set to exceed USD 39.92 billion by 2036, registering over 3.8% CAGR during the forecast period i.e., between 2024-2036.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, propelled by growing requirements of steel components by construction, transportation and electrical industries are met in the region.

The major players in the market are Sumitomo Electric Industries, Ltd., Hitachi Chemical Co., Ltd., POSCO Engineering & Construction, Ltd., Nippon Steel Corporation, Outokumpu, Sintercom India Ltd., ArcelorMittal, Aperam, Schunk Sintermetalltechnik GmbH, and others.

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