Sandvik AB

Company Snapshot

Founded: 1862
Entity Type: Public
Employees: 40,877
Region: Europe
Revenue: $11,930.8 Millions
Revenue Year: 2023
Headquarter: Sweden
Key Geographics: North America, Europe, South America, Asia, Australia and New Zealand, Middle East and Africa

Company Overview

The company has more than 160 years of material experience, including around 45 years in atomized metal powder. It has around 12 towers for powder atomization. The company operates four business divisions: Sandvik Manufacturing and Machining Solutions, Sandvik Mining and Rock Solutions, Sandvik Rock Processing Solutions, and Sandvik Material Technology. Metal powders lie in the Sandvik Material Technology division. Sandvik supplies gas atomized metal powder under the Osprey brand, and Osprey brand powder can be used in various processes such as metal injection molding, additive manufacturing, cold spray, filters and foam, micro-MIM, and other customized processes. The company produces a variety of metal powders/alloys, including low alloy steels, tool steels, stainless steels, duplex and super duplex stainless steels, high-temperature materials, nickel-based superalloys, cobalt alloys, titanium alloys, copper alloys, aluminum alloys, low expansion alloys, and soft magnetic alloys. The company offers MIM and additive manufacturing metal powders to various end-use industries such as aerospace, medical, nuclear, chemical, automotive, oil and gas, and others.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Sandvik AB In Reports

Additive Manufacturing in Powder Metallurgy: Global Markets

BCC Research Market Report for Additive Manufacturing in Powder Metallurgy Market size, share and growth forecast.

Ceramic Matrix Composites and Carbon Matrix Composites: Technologies and Global Markets

BCC Research Market Analysis Report Says market for ceramic (CMC) and carbon matrix composites (CAMC) is estimated to increase from $4.9 bln in 2022 to $7.4 bln by 2027

High-performance Ceramic Coatings: North American Markets and Technologies

BCC Research Market Report for Global High-performance Ceramic Coatings Market Growth Analysis Report with CAGRs through 2027.

Company's Business Segments

  • Sandvik Mining and Rock Solutions : This segment provides equipment and tools, parts, services, digital solutions, and sustainability-driving technologies for mining and infrastructure industries.
  • Sandvik Rock Processing Solutions : This segment offers equipment, services, and technical solutions for processing rock and minerals in the mining and infrastructure industries.
  • Sandvik Manufacturing and Machining Solutions : This segment manufactures tools and tooling systems for advanced metal cutting, expanding into digital manufacturing, software solutions, and technologies such as additive manufacturing and in-line metrology.

Applications/End User Industries

  • Mining
  • Engineering
  • Infrastructure
  • Automotive
  • Aerospace