Sweden's major P/M industries are described in terms of processing capabilities, materials, product lines, plant modernization, acquisitions and turnover. A worldwide position has been established in ferrous powders, full-density P/M processing, cemented carbides, and the equipment sector of the industry. About 4 percent of turnover is invested annually in research and development. A broad range of P/M research is on-going at several technical universities and research institutes.