"Revolutionizing Manufacturing: The Emerging Market for Metal Powders in Additive Manufacturing"


Posted August 10, 2023 by Rutuja123

The additive manufacturing with metal powder is used for creating objects and substances
 
Metal Powders for Additive Manufacturing Market was valued US$ 1015 Mn. in 2022 and is expected to grow US$ 1872.21 Mn. by 2029, at a CAGR of 9.14% during the forecast period.

Metal Powders for Additive Manufacturing Market Overview:

The primary goal of this research is to assist the user in understanding the Metal Powders for Additive Manufacturing market in terms of definition, segmentation, market potential, significant trends, and the problems that the Metal Powders for Additive Manufacturing industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.

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Market Scope:

The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.

Market Dynamic:

The increasing use of additive manufacturing with metal powders in a variety of medical applications has lowered production time, mass customization, and the multi-functionality of additive manufacturing with metal powders. Demand for additive manufacturing using metal powders in automotive and aerospace applications, as well as an increase in metal powder R&D, are projected to drive market expansion. Furthermore, expanding medical and pharmaceutical industries, increased government investments in additive manufacturing with metal powders, and the adoption of different technology in additive manufacturing with metal powders are expected to create opportunities for manufacturers in the global market over the forecast period.

Segmentation:

The alloy segment accounts for the biggest market share of the global market by material type and is predicted to increase at a CAGR of roughly xx% during the forecast period. Because alloys are less expensive, easier to mould, and form, they are employed in a variety of applications such as automobile components, hearing aids, prototypes, and surgical guides. 3D Systems Corporation, Matsuura Machinery Corporation, and Hoeganaes Corporation are major investors in the development of alloy, which is projected to lead the industry in the coming years.

By Manufacturing Technique
Powder Bed
Blown Powder
Others

By Material Type
Alloy
Stainless Steel
Others

By Application
3D Printing
Rapid Prototyping
Direct Digital Manufacturing (DDM)

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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Metal Powders for Additive Manufacturing market are

1. GKN Plc.
2. Rio Tinto
3. Hitachi Chemical Co., Ltd.
4. ATI Powder Metals
5. Sandvik AB
6. Renishaw plc.
7. Praxair Technology Inc.
8. Arconic Inc.
9. Miba AG
10.Hoganas AB
11.Metaldyne Performance Group Inc.
12.BÖHLER Edelstahl GmbH & Co KG
13.Carpenter Technology Corporation
14.Aubert & Duval
15.3D Systems Corporation
16.Matsuura Machinery Corporation
17.Hoeganaes Corporation
18.Sandvik Group
19.Shaanxi Hengtong Intelligent Machine Co., Ltd.
20.Praxair Surface Technologies
21.Cookson Precious Metals Ltd

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Regional Analysis:

The report focuses on Global Regions and Market Size of Metal Powders for Additive Manufacturing , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.

COVID-19 Impact Analysis on Metal Powders for Additive Manufacturing Market:

The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Metal Powders for Additive Manufacturing industry in 2021.

See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies

Key Questions answered in the Metal Powders for Additive Manufacturing Market Report are:

What is the function of Metal Powders for Additive Manufacturing ?
What is the predicted revenue generation of the Metal Powders for Additive Manufacturing market?
At what growth rate is the Metal Powders for Additive Manufacturing market evolving?
Who are the major market giants operating in the Metal Powders for Additive Manufacturing market?
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Categories Computers , Education , Engineering
Tags metal powders for additive manufacturing market , metal powders for additive manufacturing market size , metal powders for additive manufacturing market analysis
Last Updated August 10, 2023