The Situation And Development Of Powder Metallurgy Industry In Asia

Global Auto Industry

Auto industry is the basic market of powder metallurgy parts. As the statistics, in 2006, the global cars production was 73 million, raised by 5.1% than 2006. Japan occupied the first for two years in a row. Now, in total, the population of China and India was around 2.3 billion, however, the number of licensed vehicles was 3920. It’s predicted that the number of licensed vehicles would raised by one time, possibly more than 1 billion. In Asia, especially south-east Asia, the number of licensed cars and production has been developed fast. As the statistics, the number of licensed cars would go up to 2.5 billion in 2050.

Auto and Powder Metallurgy Parts in Asia

The fast development of cars industry has drove the development of auto parts industry, especially car parts by powder metallurgy. The technical vice chairman of Hyundai-Kia Automotive Group, Joon Chul Park said: “in the 2006 world powder metallurgy seminar: the powder metallurgy parts shared around 1% of a mid-sized sedan, around 10kg. Besides, all of these powder metallurgy parts are important parts. And 75% is used in engine and transmission. And there is still large room for rising.” Hyundai-Kia Automotive Group is the biggest manufacturer of cars in South Korea, and there are more than 370 powder metallurgy parts in a car, the mass is around 6.5Kg, and now has gone over 8.0kg.

Since 1980s, with the economy has boomed, the fast development of household appliance, auto and other industries has pushed the rising of powder metallurgy in China, and has made the powder metallurgy parts the focus in the world.