What MTC Powder Solutions does

MTC Powder Solutions AB is a Sweden-based producer of near-net shape (NNS) metal components manufactured via Powder Metallurgy Hot Isostatic Pressing (PM HIP). It traces its technology roots to ASEA's Surahammar operations in the 1980s, operated as Sandvik Powder Solutions AB, and became a wholly-owned subsidiary of Japan's Metal Technology Co. Ltd. (MTC) in April 2020. Its core technology encapsulates metal powder in gas-tight steel cans, then applies simultaneous elevated temperature and isostatic gas pressure to produce 100% dense, isotropic components with complex geometries, eliminating welds and the porosity/inclusion defects common in castings and forgings. The product portfolio centers on proprietary powder grades — APM 2327 (super duplex), APM 2377 (duplex), APM 9980 (martensitic), APM 9982/9982S (Alloy 625) — plus proprietary Metal Matrix Composite (MMC) wear materials and multi-material compound components. Capable of single pieces up to 25 tonnes and 1800mm × 3550mm in size, MTC PS qualified the world's largest HIP autoclave for NORSOK M650 D54 deliveries in 2019.

The company sells primarily to enterprise engineering and procurement teams in Oil & Gas (subsea manifolds, Christmas Tree valve blocks, well completion components — the largest segment), Nuclear (including SMRs), Power Generation, Mining, Aerospace & Defense (JOSCAR-certified), Chemical Processing, and Marine (2-stroke engine fuel nozzles). Revenue is generated through custom, quote-based project work, with delivery cycles of 10–15 weeks for standard NNS components versus 35+ weeks for conventional forgings; pricing is TCO-driven and embed-deep, with technical sales engineers co-designing components alongside customer engineering teams. Distribution is direct, supported by in-house regional representatives in USA, Norway, Italy, France, and Japan, and through a dedicated HIP services customer portal.

MTC PS operates two Swedish sites — Surahammar (original upgraded HIP unit and sheet-metal workshop) and the under-construction SHIN factory in Hallstahammar (9,000 m², three HIP units plus integrated heat treatment furnace with rapid quench, scheduled to open during 2024). Backed by ISO 9001/14001/45001, PED 97/23/EC, TÜV, Lloyd's Register, NORSOK M650, NACE MR 0175/ISO 15156, ASTM, and JOSCAR certifications, the company has positioned PM HIP as a cost- and lead-time-superior alternative to cast and forged components in safety-critical applications. Revenue, funding, and detailed financial figures are not publicly disclosed.

Name

MTC Powder Solutions

Legal name

MTC Powder Solutions AB

Website

https://mtcpowdersolutions.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

MTC Powder Solutions AB is a Sweden-based producer of near-net shape metal components manufactured via Powder Metallurgy Hot Isostatic Pressing (PM HIP), serving enterprise customers in Oil & Gas, Nuclear, Power Generation, Mining, Aerospace & Defense, Chemical Processing, and Marine via custom, project-based engineering and direct technical sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Surahammar

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. PM HIP Component Manufacturing: MTC Powder Solutions generates revenue through custom manufacturing of near-net shape components using Powder Metallurgy Hot Isostatic Pressing (PM HIP). Projects are typically long-cycle, high-value engagements involving design collaboration, powder metallurgy production, heat treatment, quality testing, and documentation. Revenue is project-based with delivery times of 10-15 weeks for standard components versus 35+ weeks for forgings.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

MTC Powder Solutions manufactures near-net shape (NNS) metal components via Powder Metallurgy Hot Isostatic Pressing (PM HIP), producing 100% dense, isotropic parts with complex geometry from proprietary powder grades. The offering spans design consultation, capsule fabrication, atomization, HIP consolidation, heat treatment, testing, and documentation for industries including oil & gas, nuclear, aerospace, mining, chemical processing, and marine. Capabilities extend to single-piece weights up to ~25 tonnes (max dimensions Ø1800 mm x 3550 mm) and multi-material (compound) components.

Product overview

MTC Powder Solutions is a world-leading producer of near-net shape (NNS) products manufactured using Powder Metallurgy Hot Isostatic Pressing (PM HIP). Their core offering is the PM NNS HIP technology, which transforms metal powder into dense, isotropic components with complex geometries. The product portfolio centers on this core technology with a range of proprietary material grades including APM 2327 (Super Duplex Stainless Steel), APM 2377 (Duplex Stainless Steel), APM 9980 (Martensitic Stainless Steel), and APM 9982/9982S (Alloy 625/Nickel Alloy). They also offer proprietary Metal Matrix Composites (MMC) for wear-resistant applications. Components serve demanding industries including oil & gas, nuclear, aerospace, mining, and chemical processing. The company operates manufacturing facilities in Sweden and provides dedicated HIP services through their customer portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Powder Metallurgy Near-Net Shape Hot Isostatic Pressing (PM NNS HIP) Manufacturing Core manufacturing service: converts metal powder into dense, isotropic near-net shape components with complex geometry, integrating design consultation, capsule fabrication, HIP consolidation, heat treatment, testing and documentation. Customers are industrial OEMs and operators in oil & gas, nuclear, aerospace, mining, chemical processing, marine and power generation.
• APM 2327 Powder Metallurgical Super Duplex Stainless Steel Proprietary PM super duplex stainless steel grade (UNS S32505) with improved mechanical properties, corrosion resistance and corrosion fatigue performance compared to conventional duplex steels, used for subsea, offshore and chemical processing components.
• APM 2377 Powder Metallurgical Duplex Stainless Steel

Quantifiable outcome

• 30-40% material cost savings
• +6 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• GraphmatechcoreStrategic or Co-development Partner · 29 May 2024MTC Powder Solutions and Graphmatech signed a cooperation agreement to develop advanced metal-graphene composites for industrial applications using HIP technology. Graphmatech's graphene-engineered metal powder will be combined with MTC's HIP capabilities to create materials with enhanced mechanical, electrical, and thermal properties for electrification, energy, and Big Science applications.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Bodycote: Bodycote is the world's largest commercial provider of Hot Isostatic Pressing services, operating dozens of HIP units globally and serving the same aerospace, oil & gas, and power generation customers as MTC Powder Solutions. It is the most direct comparable in HIP service capacity and market coverage.
• Aubert & Duval: Aubert & Duval (an Eramet subsidiary) produces high-performance superalloys, titanium, and HIP'd near-net shape components for aerospace, energy, and nuclear — directly overlapping with MTC PS in PM HIP materials, special alloys, and demanding industry certifications.
• Metal Powder Products (MPP): Metal Powder Products is a US-based manufacturer of powder metallurgy components serving automotive, industrial, and consumer markets. It is comparable as a fellow PM parts specialist, though typically serving higher-volume, smaller-component niches than MTC PS's large near-net shape focus.

Broad incumbents

• ATI (Allegheny Technologies Incorporated): ATI is a large US specialty materials producer with powder metallurgy, HIP, and nickel/cobalt alloy capabilities serving aerospace, defense, and oil & gas. It competes in the same materials and HIP component space as MTC PS but as part of a much broader alloys and mill-products portfolio.
• Carpenter Technology Corporation: Carpenter Technology is a US producer of specialty alloys, powder metals, and additive manufacturing feedstocks with HIP capabilities for aerospace, medical, and energy. It is comparable to MTC PS in materials expertise and powder metallurgy focus, though with a broader downstream product mix.
• Quintus Technologies: Quintus Technologies designs and manufactures high-pressure processing equipment, including Hot Isostatic Presses used by MTC PS and its peers. It is an upstream-adjacent incumbent whose installed base shapes HIP capacity industry-wide and which itself runs a HIP services arm.
• voestalpine: voestalpine is a large European steel and special alloys group with forging and high-grade component manufacturing serving energy, rail, and industrial customers. It is comparable as the incumbent forging/steel supplier whose share MTC PS displaces when buyers convert designs to PM HIP.
• Sandvik AB: Sandvik is MTC PS's former parent (via Sandvik Powder Solutions) and a global materials engineering incumbent with powder, tooling, and mining exposure. It is comparable as the historical owner of the same Swedish HIP asset and a continuing competitor in materials and wear-resistant solutions.

Others

• Höganäs AB: Höganäs is the world's largest producer of metal powders and an upstream supplier into the powder metallurgy value chain that MTC PS serves. It is adjacent rather than directly competitive, but its powder capabilities and atomization technology overlap with MTC PS's own melt-and-atomize process.
• Linde (Praxair Surface Technologies): Linde supplies industrial gases and surface technologies, including atomization gas services critical to producing the high-purity spherical metal powders used by MTC PS. It is an enabling ecosystem participant rather than a competitor, but central to the powder metallurgy supply chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mtc-powder-solutions

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MTC Powder Solutions