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US Sintered Steel Market

ID: MRFR/CnM/16083-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Sintered Steel Market Research Report: By Steel Type (Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel), By Process (Metal Injection Molding, Additive Manufacturing, Conventional Manufacturing, Powder Forged Manufacturing), By Application (Engines, Transmissions, Bodies, Chassis, Drivetrains, Electrical Appliances, Others) and By End Use Industry (Transportation, Electrical, Industrial, Others) - Forecast to 2035

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US Sintered Steel Market Infographic
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US Sintered Steel Market Summary

As per analysis, the US sintered steel market is projected to grow from USD 3.28 Billion in 2025 to USD 4.99 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.3% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US sintered steel market is poised for growth driven by sustainability and technological advancements.

  • The automotive segment remains the largest consumer of sintered steel, reflecting its critical role in vehicle manufacturing.
  • The aerospace segment is experiencing rapid growth, indicating a shift towards advanced materials in high-performance applications.
  • Technological advancements in sintering processes are enhancing product quality and customization capabilities.
  • Sustainability initiatives and growing demand in the automotive sector are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 3.14 (USD Billion)
2035 Market Size 4.99 (USD Billion)
CAGR (2025 - 2035) 4.3%

Major Players

Buehler (US), Carpenter Technology Corporation (US), Höganäs AB (US), GKN Powder Metallurgy (US), AMETEK Inc. (US), Miba AG (US), Hitachi Metals Ltd. (US), Kennametal Inc. (US), BASF SE (US)

US Sintered Steel Market Trends

The US sintered steel market is currently experiencing a notable evolution, driven by advancements in manufacturing technologies and increasing demand across various sectors. The adoption of sintered steel components is becoming more prevalent in industries such as automotive, aerospace, and machinery, where the material's unique properties, including high strength and wear resistance, are highly valued. Furthermore, the market is witnessing a shift towards sustainable practices, with manufacturers focusing on reducing waste and enhancing energy efficiency during production processes. This trend aligns with broader environmental goals and regulatory frameworks that encourage the use of eco-friendly materials and methods. In addition, the US sintered steel market is characterized by a growing emphasis on customization and precision engineering. As industries seek to optimize performance and reduce costs, the ability to produce tailored sintered steel components is becoming increasingly important. This trend is likely to foster innovation and collaboration among manufacturers, suppliers, and end-users, ultimately leading to enhanced product offerings and improved market competitiveness. Overall, the US sintered steel market appears poised for continued growth, driven by technological advancements and evolving consumer preferences.

Sustainability Initiatives

The US sintered steel market is increasingly influenced by sustainability initiatives. Manufacturers are adopting eco-friendly practices, such as reducing energy consumption and minimizing waste during production. This shift not only meets regulatory requirements but also aligns with consumer demand for environmentally responsible products.

Customization and Precision Engineering

Customization is becoming a key trend in the US sintered steel market. Industries are seeking tailored solutions that meet specific performance requirements. This demand for precision engineering is driving innovation, as manufacturers develop advanced techniques to produce highly specialized components.

Technological Advancements

Technological advancements are reshaping the US sintered steel market. Innovations in manufacturing processes, such as additive manufacturing and improved sintering techniques, are enhancing product quality and efficiency. These developments are likely to expand the application range of sintered steel across various sectors.

Market Segment Insights

By Application: Automotive (Largest) vs. Aerospace (Fastest-Growing)

The US sintered steel market comprises several key application segments, notably automotive, aerospace, industrial equipment, consumer goods, and medical devices. Among these, the automotive segment holds the largest share, driven by increasing demand for lightweight and high-strength materials that enhance fuel efficiency and safety in vehicles. Other segments such as aerospace and industrial equipment also contribute significantly to the market, although their share is comparatively smaller.

Automotive: Dominant vs. Aerospace: Emerging

In the US sintered steel market, the automotive segment stands as the dominant application, leveraging advancements in manufacturing techniques and material technology. This sector's reliance on sintered steel is attributed to its ability to produce complex geometries efficiently while maintaining high dimensional accuracy. Conversely, the aerospace sector is emerging as a significant player, driven by innovations in aircraft design and lightweight construction materials. As fuel efficiency becomes crucial, aerospace companies increasingly adopt sintered steel components, reflecting a shift towards advanced materials that offer strength without adding excessive weight.

By End Use: Machinery (Largest) vs. Transportation (Fastest-Growing)

In the US sintered steel market, the 'End Use' segment is diverse, with machinery holding the largest share due to its extensive applications across various industries. This segment significantly benefits from the demand for durable and high-performance materials in manufacturing processes. In contrast, the transportation sector is emerging rapidly, driven by advancements in automotive technology and the increasing need for weight optimization in vehicles. This trend indicates a paradigm shift, with transportation gaining momentum against traditional machinery dominance. The **growth trends** within these segments are fueled by innovation and a rise in operational efficiencies. Machinery continues to leverage sintered steel for parts that require precision and strength, while the transportation segment is adapting to include lightweight solutions that enhance fuel efficiency. Factors such as stringent regulatory standards promoting emissions reduction and the growing electric vehicle market are catalysts for this transformation, showcasing a shifting focus towards sustainable practices in transportation using advanced sintered steel products.

Machinery (Dominant) vs. Transportation (Emerging)

Machinery serves as the dominant end use for sintered steel, characterized by its reliance on high-strength, precision-engineered components that enhance performance and reduce wear. This segment is critical for various applications, ranging from industrial equipment to consumer products. Manufacturers prioritize sintered steel for its ability to be produced in complex shapes and its superior mechanical properties. On the other hand, the transportation sector represents an emerging market for sintered steel, driven by innovations such as lighter materials for vehicles and component designs that meet rigorous safety standards. With electric and hybrid vehicles gaining traction, this segment emphasizes not just lightweight solutions but also improved fuel efficiency and lower emissions, positioning sintered steel as a crucial player in the evolving automotive landscape.

By Material Type: Iron-Based Alloys (Largest) vs. Copper-Based Alloys (Fastest-Growing)

In the US sintered steel market, the material type segment is led by Iron-Based Alloys, which account for a significant share due to their advantageous mechanical properties and cost-effectiveness in various applications. This category is predominantly utilized in automotive and construction sectors, reflecting robust demand driven by ongoing industrial growth. Following closely, Copper-Based Alloys are emerging rapidly, driven by their excellent thermal and electrical conductivity. They cater mainly to the electronics and power generation industries, witnessing increased adoption as technological advancements shape new requirements.

Iron-Based Alloys (Dominant) vs. Copper-Based Alloys (Emerging)

Iron-Based Alloys are characterized by their strength, durability, and versatility, making them the dominant choice in the sintered steel market. They offer excellent wear resistance and are widely used in automotive parts and heavy machinery, reflecting a mature and stable market presence. Conversely, Copper-Based Alloys represent an emerging segment, known for their superior conductivity and resistance to corrosion. These alloys are gaining traction in advanced manufacturing and renewable energy sectors, with increasing applications in wiring, electrical connectors, and heat exchangers. The trend toward electrification and energy efficiency is driving demand for these innovative materials, positioning them for notable growth in the coming years.

By Production Method: Powder Metallurgy (Largest) vs. Additive Manufacturing (Fastest-Growing)

In the US sintered steel market, Powder Metallurgy holds the largest market share, dominating the segment due to its widespread application across various industries such as automotive, aerospace, and machinery. Hot Isostatic Pressing and Cold Isostatic Pressing follow, offering enhanced mechanical properties and tailored solutions for specific applications. The emerging Additive Manufacturing method is gaining traction for its ability to facilitate complex geometries and reduce material waste, making it a noteworthy contender in this evolving market landscape.

Sintering (Dominant) vs. Cold Isostatic Pressing (Emerging)

Sintering is the dominant production method in the US sintered steel market, characterized by its ability to produce high-density parts with excellent mechanical properties. It has a longstanding presence and is widely adopted in various sectors. Conversely, Cold Isostatic Pressing, while emerging, is recognized for its capability to achieve uniform density and improved microstructure in sintered components. This method is increasingly utilized for niche applications where precision and performance are critical, making it a valuable addition to the production methods available in the market.

Get more detailed insights about US Sintered Steel Market

Key Players and Competitive Insights

The sintered steel market is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and a focus on sustainability. Key players such as Buehler (US), Carpenter Technology Corporation (US), and Höganäs AB (US) are actively pursuing strategies that enhance their market positioning. Buehler (US) emphasizes technological advancements in material science, aiming to improve product performance and reduce environmental impact. Meanwhile, Carpenter Technology Corporation (US) focuses on expanding its product portfolio through strategic acquisitions, thereby enhancing its capabilities in high-performance materials. Höganäs AB (US) is also notable for its commitment to sustainability, investing in eco-friendly production processes that align with global environmental standards. Collectively, these strategies contribute to a dynamic competitive environment where innovation and sustainability are paramount.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. This approach not only enhances operational efficiency but also allows for greater responsiveness to market demands. The competitive structure of the market appears moderately fragmented, with several key players exerting influence over specific segments. The collective actions of these companies indicate a trend towards consolidation, as they seek to leverage synergies and enhance their competitive edge.

In November 2025, GKN Powder Metallurgy (US) announced a significant investment in a new manufacturing facility aimed at increasing production capacity for sintered steel components. This strategic move is likely to bolster GKN's market presence and enable it to meet the growing demand for high-performance materials in various industries, including automotive and aerospace. The establishment of this facility underscores the company's commitment to innovation and operational excellence.

In October 2025, AMETEK Inc. (US) launched a new line of sintered steel products designed specifically for the energy sector. This product line is expected to enhance the efficiency and reliability of energy systems, reflecting AMETEK's strategic focus on diversifying its offerings to meet the evolving needs of its customers. The introduction of these products may position AMETEK as a leader in providing advanced materials for critical applications.

In September 2025, Hitachi Metals Ltd. (US) entered into a strategic partnership with a leading automotive manufacturer to develop advanced sintered steel components for electric vehicles. This collaboration is indicative of Hitachi's proactive approach to aligning its product development with emerging market trends, particularly the shift towards electrification in the automotive sector. Such partnerships are likely to enhance Hitachi's competitive positioning and drive innovation in the sintered steel market.

As of December 2025, the competitive trends in the sintered steel market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in manufacturing processes. Strategic alliances are playing a crucial role in shaping the current landscape, enabling companies to pool resources and expertise. Looking ahead, it is anticipated that competitive differentiation will evolve, with a pronounced shift from price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition may redefine the parameters of success in the sintered steel market, emphasizing the importance of adaptability and forward-thinking strategies.

Key Companies in the US Sintered Steel Market market include

Industry Developments

The US Sintered Steel Market has recently witnessed significant developments, with companies such as Parker Hannifin Corporation and Kennametal Inc expanding their product portfolios to meet rising demand in various sectors, particularly automotive and aerospace. In June 2023, Magneti Marelli announced the launch of a new line of sintered steel components aimed at enhancing vehicle performance and reducing emissions. Harris Products Group has also reported increased investments in Research and Development to innovate their offerings in sintered products.

Currently, Miba AG's acquisition of a stake in a leading US sintered steel startup in September 2023 is set to accelerate technological advancements in manufacturing processes. Additionally, ongoing trends show a strong growth in the market valuation of companies like GKN Powder Metallurgy, influenced by the growing emphasis on lightweight materials in industrial applications. Amid these developments, the overall sentiment in the US Sintered Steel Market remains optimistic, with players actively seeking collaborations to leverage advancements in sintering technologies and improve their competitive positioning.

Future Outlook

US Sintered Steel Market Future Outlook

The US sintered steel market is projected to grow at a 4.3% CAGR from 2024 to 2035, driven by advancements in manufacturing technologies and increasing demand in automotive applications.

New opportunities lie in:

  • Expansion into additive manufacturing processes for customized components.
  • Development of lightweight sintered steel solutions for electric vehicles.
  • Strategic partnerships with aerospace firms for high-performance applications.

By 2035, the sintered steel market is expected to achieve robust growth, solidifying its position in key industries.

Market Segmentation

US Sintered Steel Market End Use Outlook

  • Machinery
  • Transportation
  • Construction
  • Electronics
  • Energy

US Sintered Steel Market Application Outlook

  • Automotive
  • Aerospace
  • Industrial Equipment
  • Consumer Goods
  • Medical Devices

US Sintered Steel Market Material Type Outlook

  • Iron-Based Alloys
  • Copper-Based Alloys
  • Nickel-Based Alloys
  • Cobalt-Based Alloys
  • Titanium-Based Alloys

US Sintered Steel Market Production Method Outlook

  • Powder Metallurgy
  • Hot Isostatic Pressing
  • Cold Isostatic Pressing
  • Additive Manufacturing
  • Sintering

Report Scope

MARKET SIZE 20243.14(USD Billion)
MARKET SIZE 20253.28(USD Billion)
MARKET SIZE 20354.99(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.3% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledBuehler (US), Carpenter Technology Corporation (US), Höganäs AB (US), GKN Powder Metallurgy (US), AMETEK Inc. (US), Miba AG (US), Hitachi Metals Ltd. (US), Kennametal Inc. (US), BASF SE (US)
Segments CoveredApplication, End Use, Material Type, Production Method
Key Market OpportunitiesGrowing demand for lightweight, high-strength components in automotive and aerospace sectors drives US sintered steel market opportunities.
Key Market DynamicsRising demand for lightweight components drives innovation and competition in the US sintered steel market.
Countries CoveredUS

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FAQs

What is the projected market size of the US Sintered Steel Market in 2024?

The US Sintered Steel Market is projected to be valued at 3.5 billion USD in 2024.

What is the expected value of the US Sintered Steel Market by 2035?

By 2035, the US Sintered Steel Market is expected to reach a value of 5.5 billion USD.

What is the compound annual growth rate (CAGR) for the US Sintered Steel Market from 2025 to 2035?

The CAGR for the US Sintered Steel Market is expected to be 4.195% from 2025 to 2035.

Which steel type holds the highest market value in 2024 within the US Sintered Steel Market?

In 2024, Carbon Steel is projected to hold the highest market value at 1.2 billion USD.

What is the market value of Stainless Steel in the US Sintered Steel Market for 2035?

The market value of Stainless Steel in the US Sintered Steel Market is expected to be 1.6 billion USD in 2035.

Who are the major players in the US Sintered Steel Market?

Major players in the US Sintered Steel Market include Parker Hannifin Corporation, Magneti Marelli, and Kennametal Inc.

What are the growth opportunities present in the US Sintered Steel Market?

There are significant growth opportunities driven by advancements in manufacturing technologies and increasing demand for high-performance materials.

What is the market value of Tool Steel for the US Sintered Steel Market in 2024?

Tool Steel is valued at 0.4 billion USD in the US Sintered Steel Market in 2024.

How do market conditions affect the growth rate of the US Sintered Steel Market?

Market conditions such as raw material costs and technological innovations highly influence the growth rate and development trajectory of the US Sintered Steel Market.

What challenges could impact the US Sintered Steel Market's growth?

Challenges such as fluctuating raw material prices and competition from alternative materials may impact the growth of the US Sintered Steel Market.

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