Brisk Insights Published New Report on "Powder Metallurgy Market "
According to a recently published report, the powder metallurgy market is expected to grow at the CAGR of 5% during 2015-2022.
According to a recently published report, the powder metallurgy market is expected to grow at the CAGR of 5% during 2015-2022. The segmentation of global powder metallurgy market is based on application, type, plastic type and geography. The report on Global Powder Metallurgy Market Forecast, 2012-2022 (by application, type, plastic type and geography) provides detailed overview and predictive analysis of the market.
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Increasing demand from end user industries and technological advancements are expected to boost the market during the forecasted period of the study. Automotive industry contributes the highest revenue in comparison to other end users. There is an increasing focus on investment in automotive industry in specific to emerging economies. This is further fuelling the market for powder metallurgy in automotive applications. Some of the challenges faced by the powder metallurgy market are requirement of huge capital investment. This creates high entry barrier for new entrants.
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