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A Cold Era of International PM Industry? 2018 Shanghai Powder Metallurgy EXPO-LINA PM CHINA 2018, Perfect Ending !

2018-03-29

LINA Machinery Participated 2018 PM China EXPO and gained praise from domestic and foreign customers

Some people say the current international PM (powder metallurgy) industry has reached a cold era. According to a news on "Global Industry Analyst", the global market for PM parts is projected to reach US$ 15.7 billion by the year 2020, driven by emerging applications in transportation, construction and mechanical engineering sectors. The growth in the market is also expected to benefit from the recovery of the global automotive industry and the optimistic outlook for the commercial aerospace industry. The growing sophistication of electronics manufacturing is spurring demand growth for aluminum and titanium-based powder metals. Also, growing investments in renewable energy and the resulting increase in the production of solar panels and wind turbines, is driving consumption of Powder Metallurgy Parts. Manufacturing advancements in PM parts such as how isostatic pressing, metal injection molding and additive manufacturing are driving opportunities in the metal powder market. Europe represents the largest market for PM parts worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 5.7% over the analysis period.

To catch the trend, Guangdong LINA Machinery participated the 11th PM Exhibition, PM China 2018 in the Ever-bright Exhibition as a supplier.

CIM Machinery