From a global perspective, the largest sales market for powder metallurgy parts is the automotive industry, which is the market with the highest technical and quality requirements for powder metallurgy parts. According to statistics, in industrialized countries such as Europe and Japan, the demand for powder metallurgy parts in the automotive industry accounts for about 90% of the powder metallurgy market, and powder metallurgy automotive parts in North America account for more than 80% of the powder metallurgy industry market. From the perspective of China's powder metallurgy parts industry, the most important market for the powder metallurgy parts industry has gradually evolved from the refrigerator compressor industry, the air-conditioning compressor industry, and the motorcycle industry to the automobile industry.




At present, there are more than 400 kinds of powder metallurgy parts for automobiles in the world, and the proportion of the automobile industry in the powder metallurgy market is increasing year by year. However, the average amount of powder metallurgy products per vehicle in China is only about 5Kg, which is much lower than that of 14Kg in Europe and 19.5Kg in the US. In addition, in 2016, the proportion of domestic automotive powder metallurgy products in total powder metallurgy products has increased to about 60%, but still far below the 80% rate in developed countries.