Global Sintering Process Market Growth and Industry Forecast from 2020
A new market study by Transparency Market Research on the global sintering process market presents an in-depth analysis of the said market, with a focus on market trends and opportunities, competitive landscape, and geographical segmentation of the market. The report is titled “Sintering Process Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.” In this report, the progression of the market in the historic years and in the forecast period are depicted through an array of graphs and statistical representations of the overall sintering process market.
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The report points out that sintering process is exclusively driven due to processes of the powder metallurgy industry. In the coming years, the technology will display a steadfast growth due to its utilization across a host of end-use industries. Sintered metal parts are used in the automotive, electronics, and construction industry among others. However, reasons of environmental deterioration due to sintering are impeding utilization of the process. Nevertheless, many governments around the world are framing regulations that are favorable for the utilization of sintering processes. With consistent technological advancement in sintering technology, the process will be suitable for a host of end-use applications.
Sintering involves applying heat or pressure to solid for solidifying the inner mass without melting into liquid state. For this reasons the temperature that is used in the sintering process is always lower than the melting point of the major constituent of the powder metal. During sintering, the powdered metal is imparted with certain desirable properties, which are otherwise absent in the metal. These include enhancing electrical conductivity, thermal conductivity, strength, and translucency of the powdered metal. Temperature and time, composition of the powdered metal, geometrical structure of powdered particles, density of the powder compact, and composition of atmosphere in the sintering furnace are the parameters that govern a sintering process.
The other attributes that are imparted to the powder metal due to sintering are also discussed in this report. During sintering, the powdered metal particles bond through diffusion, thereby imparting mechanical strength to the porous body. Hence, the reason for sintering to be one of the most widely used industrial techniques for a betterment of capabilities of metals. Ferrous and non-ferrous metals are ideally suitable for sintering; however, rare earth intermetallic, ceramics, and cermet are also suitable for sintering.
Asia Pacific will display a robust growth in the sintering process industry during the forecast period, says the report. The flourishing automotive and construction industry in the emerging economies if China, Indonesia, and India are reasons for the same. North America and Europe will register a downward growth trend in the sintering industry due to stringent regulations to monitor harmful emissions using sintering.
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