Metal Powder for Additive Manufacturing Market Top Key Players, Industry Analysis And Forecast By 2027 | Heraeus, Hoganas

The “Metal Powder for Additive Manufacturing” Market research report has merged the analysis of different factors that supplement the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the Metal Powder for Additive Manufacturing market in the future. The comprehensive information is based on current trends and historic milestones. This segment also provides an analysis of the volume of production in the global Metal Powder for Additive Manufacturing market and about each type from 2021 to 2027.

The global Metal Powder for Additive Manufacturing market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 27.8%.

The study contains market share analysis and profiles of players such as Sandvik, GKN Hoeganaes, LPW Technology, Carpenter Technology, Erasteel, GE Additive, Heraeus, Hoganas, HC Starck, AMC Powders, Praxair, EOS, Jingye Group, Osaka Titanium, Aubert & Duval, Kennametal

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If you are an Metal Powder for Additive Manufacturing manufacturer and would like to check or understand the policy and regulatory proposal, designing clear explanations of the stakes, potential winners and losers, and options for development then this report will help you understand the shape with Impacting Trends. 

Market Overview:

The demand for additive manufacturing in the aerospace sector has increased since the last decade for complex parts, like engine and turbine parts, interior components, customized parts & sub-parts, printing aircraft wings, other complex designs or prototypes, etc. There are consequent developments and investments in R&D, as well as increasing advanced technology has helped the companies to reduce cost and time by using additive manufacturing in the aerospace sector.

The market is expected to increase during the forecast period as there is still higher scope for additive manufacturing and its new applications in aerospace, such as printing large structure applications in space, printing repair parts in the battlefield, fixtures & fittings, etc. Additive manufacturing reduces the weight of aircraft, which helps in the reduction of CO2 emission and carbon footprint, for instance, decreasing weight by 500g of an airplane can reduce 300,000 tons of CO2 in its 30 years of life. Companies, like Airbus, Premium AEROTEC, etc., have taken initiatives for such aircraft components using additive manufacturing.

Types of Products:

Iron-based
Titanium-based
Nickel-based
Aluminum-based
Others

Application spectrum:

Aerospace and Defense
Tool and Mold Making
Automotive
Medical
Others

Regions and Countries Level Analysis:

North America remains the top region for additive manufacturing. The United States is expected to retain its position as the top country, owing to higher rate of adoption of additive manufacturing systems by companies because of efficient cost and minimized waste, helping in environmental benefits.

The demand for lightweight automotive and complex medical devices & tools has also increased the demand for additive manufacturing in the region. It is estimated that the region will have a CAGR over 18% during the forecast period, while European region is estimated to have close competition with North America in terms of revenue, and Asia-Pacific is likely to have the highest CAGR during the forecast period.

The report offers an in-depth assessment of the growth and other aspects of the Metal Powder for Additive Manufacturing market in important countries (regions), including:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Market Analysis:

The additive manufacturing market is dominated by plastics & polymers materials and is estimated to dominate in the near future, while the metals’ demand for additive manufacturing has increased at faster pace, which can replace the dominance of plastics & polymers by 2025.

Majorly metals, like alloys of titanium, aluminum, nickel, stainless steel, etc., has increased the demand due to their efficient physical and chemical properties, which enhance the product efficiency and life.

Highlights of the report:

A complete backdrop analysis, which contains an assessment of the parent Metal Powder for Additive Manufacturing market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and expected size of the Metal Powder for Additive Manufacturing market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging position segments and regional Metal Powder for Additive Manufacturing market

An impartial assessment of the trajectory of the market

References to companies for strengthening their foothold in the market   

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Impact and Recovery Analysis of Covid-19:

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from the supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status, enterprise race pattern, advantages and disadvantages of enterprise products, industry development trends (2021-2027), regional industrial layout features and macroeconomic policies, industrial policy has also been included.

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