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The Powder Metallurgy Industry Worldwide 2007-2012by Laurel Sheppard 3rd Edition from Materials Technology Publications |
3rd EDITION KEY FEATURES
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A complete source for market information on the global powder metallurgy industry, analysing the entire sector, from metal powders to powder metallurgy components and end use applications – assessing the current global marketplace, providing details of key players, and forecasting the future opportunities that will arise as this dynamic industry continues to expand into new markets.Powder metallurgy (PM) offers improved performance and greater design flexibility compared with traditional metalworking techniques such as casting, extrusion or forging. The increased choices and high quality of today's metal powders provides for a wide range of new PM materials to meet the specialized demands of parts such as bearings, bushings, gears and pistons, used in a variety of industries, ranging from automotive and aerospace to medical and electronics. Recognizing its value, the automotive industry has embraced the technology. Today over 60% of connecting rods in US-made autos are made with powder metallurgy technologies, and over 70% of uses worldwide for the technology is aimed at the automotive industry. Experiences with high-temperature and high-strength parts such as turbine blades in jet engines demonstrate that powder metallurgy offers better dimensional control, lessened sensitivity to physical characteristics of starting materials, and materials with higher densities and strength. The potentials for growth are great. Global sales of PM components are expected to grow from $23 billion in 2007 to $30 billion by 2012 with an average annual growth rate (AAGR) of 5%. While the North American PM parts business will expand by a modest $500 million reaching $5.5 billion in 2012, the European PM parts market will jump $2.6 billion reaching $11.6 billion in same period. This 3rd Edition of a popular publication by Materials Technology Publications offers a detailed look inside the complex and changing powder metallurgy industry. |