3D Printing Metal Market is expected to reach US$ 2.95 Bn by 2032 | According to PMR Study

3D Printing Metal Market

According to Persistence Market Research's most recent market estimates, the global 3D printing metal market is valued at US$ 422.9 Mn in 2022 and is projected to reach US$ 2.95 Bn by 2032, expanding at an astonishing CAGR of 21.4% over the next ten years.

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The 3D printing metal market is an emerging industry that is rapidly growing and transforming the way businesses and individuals create 3D objects. 3D printing has been around for almost a decade, but only recently has 3D printing with metal become an option. 3D printing metals can create objects from almost any material including stainless steel, titanium, aluminum, bronze, silver, gold and even exotic elements like zirconium and niobium. 3D printing with metal is becoming more popular as it offers unique capabilities that traditional manufacturing processes cannot provide, such as the ability to quickly produce complex shapes without requiring expensive molds or tooling.

Key Players-

• Sandvik AB
• ATI Powder Metals
• Advanced Metallurgical Group
• Rio Tinto
• American Axle & Manufacturing, Inc.
• Carpenter Powered Products
• Showa Denko Materials
• GKN PLC
• Praxair Surface Technologies Inc.
• Aubert & Duval
• Höganäs AB
• voestalpine BÖHLER Edelstahl GmbH & Co KG
• Royal Metal Powders
• Australian Metal Powders Supplies Pty Ltd.
• CNPC Powder Group Co., Ltd.
• Renishaw
• Materialise NV
• Stratasys Ltd.
• Optomec, Inc
• 3D Systems Corporation
• Arcam AB and more

3D printing with metals is being used in many industries such as aerospace, automotive manufacturing, oil & gas exploration and medical device fabrication. The aerospace industry uses 3D printed parts for rocket engines, aircraft turbine blades and other components that require precision machining. Automotive manufacturers are using 3D printed metal parts to reduce weight and improve performance of their vehicles. Oil & gas companies are using 3D printed materials to manufacture complex components that require precise measurements in extreme conditions. Medical device manufacturers are also utilizing 3D printing metals to create intricate devices that need exact specifications in order to be approved by the FDA.

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3D Printing Metal Market Research Segmentation

3D Printing Metal Market By Material:

• Metal Powder ( Aluminum, Copper, Iron, Molybdenum, Nickel, Tungsten, Titanium, Others)
• Metal Alloy Powder ( Steel, Stainless Steel, Ni-Based, Cu-Based, Ti-Based, Others)

3D Printing Metal Market By Shape:

• Spherical
• Non-Spherical

3D Printing Metal Market By Production Process:

• Powder Bed Fusion
• Directed Energy Deposition
• Material Jetting
• Binder Jetting
• Metal Extrusion
• Photo Polymerization

3D Printing Metal Market By End Use:

• Medical ( Orthopedic Implant Devices, Dental Devices, Pre-surgery Models, General Tools, Prosthetics, Anatomical Models, Others)
• Aerospace( ECS Ducting, Rocket Engine Components, Combustor Liners, Oil & Fuel Tanks, UAV Components, Others)
• Automotive( Complex Ducts, Resilient Prototypes, Elastomeric Models, Grilles, Large Paneling, Others)
• Electronics ( Antennae, Interconnects, Capacitors, Radio Frequency Components, Sensors, Others)
• Energy( Rotors and Stators, Turbine Nozzles, Down-hole Tool Components, Others)
• Industrial Equipment
• Education and Research
• Others

3D Printing Metal Market By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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Frequently Asked Questions -

• What is the current size of the 3D printing metal market?
• At what rate is the demand for 3D printing metals projected to increase?
• Who are the key suppliers of 3D printing metals?
• Which countries lead the market for 3D printing metals?
• At what rate is demand for 3D printing metals set to increase in China?

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About PMR - Chemicals and Materials

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'. 

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This release was published on openPR.