Europe Sintering Market: Spur in Demand on Cards as Diverse Industries Realize Benefits of Sinter-based Components, TMR
Prominent enterprises with global presence such as Sumitomo Corporation, GKN plc., Hoganas A.B., and AMES are domiciled in Europe. This has rendered the Europe sintering market highly competitive. These players together held 20% of the market in 2015, which is indicative of its fragmented vendor landscape. A majority of the leading players in the Europe sintering market have established brand identities. This is a key factor determining their success amidst end users, finds Transparency Market Research (TMR) in a new study. As competition is forecast to get fiercer with time, leading players are focusing on consolidation through strategies collaborations. Besides this, several companies are boosting their plant capacities as they strive for increased profitability. A majority of the key players are supported by a network of well-established suppliers and distribution network. This has an inevitable positive impact on their sales outlook. Despite such strong ...