In this thesis is sistematically demonstrated field of industry called Powder mettalurgy. Thesis has followed time scale of making one imaginary piece, following him from its beginning, from powder making to process finalization where there is final piece done. Through chapters every part of process is described, making sure that process looks like one framed unit. Going through thesis, there was primary determination to satisfy main postulates so that this thesis can fulfill its purpose as describing this process. Those postulates are describing every stage of manufacturing process, in detail to describe powders, their physical, metalurgical, chemical properties, variations through manufacturing process, pro and cons of this process as well as examples of its applications. At the end of the thesis final statement was given with explanations why this process is so popular today and what are his advantages over other manufacturing processes.