Metal Powders forecasts to 2010 & 2015

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US metal powder demand to reach $2.3 billion in 2010 Metal powder demand in the US will approach $2.3 billion in 2010.
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April 26, 2007 (Press Release) --
Metal Powders forecasts to 2010 & 2015

US metal powder demand to reach $2.3 billion in 2010 Metal powder demand in the US will approach $2.3 billion in 2010. The improved outlook for the computer and electronic components markets will be instrumental in driving metal powder
value growth, since these markets use the vast majority of the most expensive metal powders, namely silver, gold, tantalum
and the platinum group metals. In addition, the continuing economic rebound will support demand for a number of less
expensive, high volume, metal powders used to manufacture industrial and automotive components. Among the products
that will benefit from this rebound are iron, steel and copper-based powders. Preventing even stronger value growth
will be an expected decline in prices for many types of metal powders as metal prices fall from mid-decade highs.

Volume gains to outpace market value increases

Volume gains will outpace value increase, with volume growth supported by new
applications for many types of metal powders, including iron and steel, stainless steel, aluminum and tungsten metal powders. In some instances -- such as the spread of powdered metal parts in motor vehicles -- these applications represent an ongoing evolution. However, completely new applications and revolutionary products such as nanoscale metal powders will also support growth in demand.

Iron and steel, aluminum, zinc and copper- based powders represent the vas majority of total metal powder volume
demand, with iron and steel powders alone accounting more than 60 percent of the total in 2005. However, iron and steel
powders represent only about 25 percent of total value demand, due to their low price compared to most other metal
powders. In addition to the large volume metals, both precious metal and tungsten powders represent significant portions of
total metal powder value demand. Precious metal powders are primarily used in electronic applications, while tungsten
metal powder is largely used to produce tungsten carbide for abrasives. Demand for iron and steel powders is heavily concentrated in parts production, particularly for motor vehicles. The two major markets for aluminum powders and flakes are chemicals -- where they are used as catalysts, reducing agents and fillers -- and paints and coatings, for use as pigments. Much of the demand for the most expensive metal powders -- tantalum and precious metals -- comes from the computer, electronic components, and electrical and electronic equipment markets, for products such as film pastes and capacitor anodes.

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