Thailand Stainless Steel Powder Market (2025-2031) Outlook | Value, Growth, Companies, Revenue, Share, Forecast, Trends, Analysis, Size & Industry

Market Forecast By Product Type (Martensitic Grade, Ferritic Grade, Austenitic Grade), By Application (Powder Metallurgy, Metal Injection Molding, Additive Manufacturing, Others) And Competitive Landscape
Product Code: ETC358405 Publication Date: Aug 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Thailand Stainless Steel Powder Market: Import Trend Analysis

In the Thailand stainless steel powder market, the import trend showed a growth rate of 3.54% from 2023 to 2024, with a compound annual growth rate (CAGR) of 5.78% between 2020 and 2024. This import momentum can be attributed to the increasing demand for stainless steel powder in various industries, indicating market stability and sustained interest in the product during this period.

Thailand Stainless Steel Powder Market Synopsis

The stainless steel powder market in Thailand is an integral part of the country`s metallurgical and manufacturing sector. Stainless steel powders are widely used in various applications, including additive manufacturing (3D printing), metal injection molding (MIM), and powder metallurgy processes. Thailand industrial growth and the expansion of its manufacturing base have fueled the demand for stainless steel powders. The automotive, aerospace, and medical device industries are key consumers of stainless steel powders in the country. The trend toward lightweight and durable components in these industries has led to an increased need for advanced materials like stainless steel powders. Additionally, the growing interest in 3D printing technologies in Thailand has created new opportunities for the stainless steel powder market.

Drivers of the Market

The stainless steel powder market in Thailand is driven by multiple factors. The country`s booming manufacturing sector, particularly in the automotive and aerospace industries, demands high-quality stainless steel powder for additive manufacturing and powder metallurgy processes. The rising awareness of stainless steel`s corrosion resistance and durability in various applications, including medical devices and food processing equipment, is also boosting demand. Furthermore, government support for the development of advanced manufacturing technologies bolsters the growth of this market.

Challenges of the Market

The Thailand stainless steel powder market faces challenges associated with raw material availability and quality. Variations in nickel and chromium prices can impact production costs. Ensuring consistent particle size and purity for specific applications is crucial, along with addressing competition from alternative materials like ceramics and composites.

COVID-19 Impact on the Market

The stainless steel powder market saw varying demand depending on its application. While some sectors experienced reduced demand, others, such as additive manufacturing, saw increased interest in stainless steel powder as a material for 3D printing. Post-pandemic growth is likely to be influenced by advancements in manufacturing technologies.

Key Players in the Market

The Thailand stainless steel powder market is characterized by leading players who excel in the manufacturing and distribution of stainless steel powder products. Notable names in this market include Thai Molybdenum Co., Ltd., Ulbrich Stainless Steels & Special Metals, Inc., and GKN Powder Metallurgy. These companies are renowned for their precision engineering and innovative powder metallurgy solutions.

Key Highlights of the Report:

  • Thailand Stainless Steel Powder Market Outlook
  • Market Size of Thailand Stainless Steel Powder Market, 2024
  • Forecast of Thailand Stainless Steel Powder Market, 2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Revenues & Volume for the Period 2021-2031
  • Thailand Stainless Steel Powder Market Trend Evolution
  • Thailand Stainless Steel Powder Market Drivers and Challenges
  • Thailand Stainless Steel Powder Price Trends
  • Thailand Stainless Steel Powder Porter's Five Forces
  • Thailand Stainless Steel Powder Industry Life Cycle
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Martensitic Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Ferritic Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Austenitic Grade for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Powder Metallurgy for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Metal Injection Molding for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Additive Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of Thailand Stainless Steel Powder Market Revenues & Volume By Others for the Period 2021-2031
  • Thailand Stainless Steel Powder Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Thailand Stainless Steel Powder Top Companies Market Share
  • Thailand Stainless Steel Powder Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Stainless Steel Powder Company Profiles
  • Thailand Stainless Steel Powder Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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