Top 6 Companies in the Global Metal Powder Market in 2026

The global metal powder market was valued at USD 7.25 Billion in 2025 and is expected to grow at a CAGR of 4.30% during 2026–2035, reaching USD 11.05 Billion by 2035.

As per the analysis by Expert Market Research, the market is expected to be driven by the increasing demand from end-user industries and advancements in the metal powder sector.

Metal powder, produced by breaking down metals into powder form, enhances the bulk properties of intricate components, including reactivity, flowability, compressibility, porosity, and hardenability. Its popularity is rising in additive manufacturing, providing versatility while reducing waste in producing diverse metal parts and coatings. Market availability includes zinc, aluminium, iron, manganese, tin cadmium oxide, and nickel powder. Moreover, metal powder contributes to sustainable development, addressing challenges like the demand for renewable energy and resource scarcity.

China's rapid economic growth, escalating demand from end-user sectors, and swift urbanisation are anticipated to position it as a frontrunner in development compared to other nations. This trajectory is expected to drive industry growth in the Asia Pacific region and contribute to the global metal powder market growth.

The market is further experiencing accelerated growth driven by increasing demand from end-user industries and advancements within the industry. Notably, powder metallurgy's rising importance has led to substantial production of metal powders, with a primary focus on iron and steel, followed closely by aluminium, copper, and nickel. Manufacturers are increasingly directing their efforts toward transforming metal powders into essential components for engineering, contributing significantly to the metal powder market expansion.

Latest Updates on Top Metal Powder Companies

In July 2026, Carpenter Technology reported that fiscal year 2026 was the most profitable year in its history, with operating income rising 34% compared with fiscal year 2025.

In May 2026, Sandvik signed an agreement to divest its Additive Manufacturing business, which manufactures metal powders for additive manufacturing, metal injection moulding and hot isostatic pressing, to Swedish investment firm Mimir.

In April 2026, ATI reported first-quarter 2026 sales of USD 1.15 billion and net income attributable to the company of USD 118 million, supported by demand for high-performance materials.

In April 2026, Höganäs published its 2025 Sustainability Report and announced that it had achieved several of its 2030 climate targets ahead of schedule.

In February 2026, GKN Powder Metallurgy became part of Dauch Corporation following the completion of Dauch’s acquisition of Dowlais Group and its subsidiaries.

Top 6 Metal Powder Companies in the World:

1. Sandvik AB

Sandvik, a global engineering group, leads in digitalisation, offering solutions that boost productivity, profitability, and sustainability in manufacturing, mining, and infrastructure. With a focus on customer process optimisation, Sandvik provides cutting-edge equipment, tools, services, and digital solutions for machining, mining, rock excavation, and processing. In 2023, the group, comprising around 41,000 employees, achieved revenues of about SEK 127 billion across 150 countries. Sandvik's comprehensive offerings, spanning the entire customer value chain, result from substantial investments in R&D and understanding industrial processes. Operations are organised into three business areas with dedicated divisions for R&D, production, and sales. In May 2026, Sandvik signed an agreement to sell its Additive Manufacturing business to Mimir, a Sweden-based investment firm. The transaction covers the company’s metal powder and controlled-expansion alloy operations and remains subject to customary closing conditions.

2. Carpenter Technology Corporation

Carpenter Technology Corporation (NYSE: CRS) stands as a global leader in speciality alloy-based materials and process solutions for critical applications across aerospace, defence, transportation, medical, energy, industrial, and consumer electronics. With a workforce of 4,234, the company's innovative superalloy and titanium powder technologies, particularly in additive manufacturing or 3D printing, drive next-gen product development. By leveraging core technical strengths and process capabilities, Carpenter aims to deliver differentiated, value-added solutions, positioning itself as the preferred innovation partner and providing customers with a competitive edge. In July 2026, Carpenter Technology reported that fiscal year 2026 was the most profitable year in its history, with operating income increasing 34% compared with fiscal year 2025 and operating cash flow reaching USD 605 million.

3. GKN Powder Metallurgy

GKN Powder Metallurgy is a global provider of engineered metal powders, precision powder-metal components and additive manufacturing solutions. Through its specialised businesses, including GKN Hoeganaes, GKN Sinter Metals and GKN Additive, the company supports automotive, aerospace, industrial, electronics and consumer applications. Its capabilities cover powder production, conventional powder metallurgy, forged powder metallurgy, metal injection moulding, porous metal technology and industrial-scale metal additive manufacturing. The company operates a global network of manufacturing facilities, innovation centres and research and development locations across the Americas, Europe and Asia. In February 2026, GKN Powder Metallurgy became part of Dauch Corporation following the completion of Dauch’s acquisition of Dowlais Group and its subsidiaries, including GKN Automotive and GKN Powder Metallurgy.

4. Allegheny Technologies Incorporated

With a century-long legacy, the company tackles challenges for customers requiring systems to excel in diverse environments. The materials empower remarkable feats, from withstanding extreme temperatures in jet engines to 5. supporting national defence and advancing medical breakthroughs. Operating globally with 57 locations across 17 countries, the company’s High-Performance Materials and Components (HPMC) segment serves aerospace, defence, oil, gas, and medical sectors. The Advanced Alloys & Solutions (AA&S) segment focuses on speciality alloys and components, catering to diverse industries such as aerospace, energy, and chemicals. In April 2026, ATI reported first-quarter sales of USD 1.15 billion and net income attributable to the company of USD 118 million, reflecting continued demand for high-performance materials and solutions.

5. Kymera International

Kymera International manufactures speciality metal powders, alloys, pastes and surface-coating materials for aerospace, automotive, electronics, healthcare, additive manufacturing and industrial markets. Its production capabilities include air, water and gas atomisation, alloying, milling and particle-size classification. The company supplies aluminium, copper, bronze, brass, tin, zinc, lead, titanium and other speciality materials for powder metallurgy, brazing, thermal management, coatings and three-dimensional printing. Kymera continued expanding its speciality-materials platform under Chief Executive Officer Willson Ropp, offering customised powders and pastes for powder metallurgy, additive manufacturing, brazing and precision industrial applications.

6. Höganäs AB

Höganäs, a global leader, produces iron, metal, and ceramic powders, collaborating with customers to create solutions for evolving industry needs. With applications spanning sintered components, brazing, additive manufacturing, electric motors, and sustainable energy systems, the company employs 2,400 people across 16 countries. Höganäs, boasting a 500,000-ton annual capacity for iron and metal powders, is at the forefront of developing innovative solutions for automotive components, electrical motors, and additive manufacturing. Lindéngruppen and Wallenberg-owned FAM are the company's owners, serving over 3,000 customers in 75 countries. In April 2026, Höganäs published its Sustainability Report 2025 and reported that it had achieved several of its 2030 climate targets ahead of schedule.