Additive Manufacturing with Metal Powders Market Research Report, 2017 – 2024: Global Market Insights Inc.

A new report covers Additive Manufacturing with Metal Powders Market outlook providing historical facts, current status and future development trends information along with data on leading players and regions. It is also known as 3D printing or rapid prototyping and is widely used in aerospace, medical and rapid tooling area. The product has high packing density, that confer good flow properties. It is a technology that produces three-D parts layer from a substance.

Growth in aerospace industry will positively affect the additive manufacturing with metal powders market. The product is used in production of jet turbines and rocket engines using 3D printing techniques. The industry is projected to grow at over 2.5 % that will drive additive manufacturing with metal powders market. The technique provides hardness and wear resistance to machine.

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he compound is very essential for effective powder bed fusion. Better movement, close packing of elements and sphere-shaped particle are important characteristics that lead to constant and foreseeable powder medicating and coatings.

Challenges faced in additive manufacturing with metal powders market is printing a part with a right shape, ensuring part qualification, selecting correct raw material and machine for better output. The process in developing the component is quite crucial, correct selection of resources is essential for desired output.

Additive manufacturing with metal powders market is segmented on the basis of industry that include metallurgy and Mineral AM. Metallurgy accounts for high market share. Fine particles are the current material of choice. On the basis of type, they are bifurcated as selective laser melting and electronic beam melting. As per the production technology sponge iron process, atomization and centrifugal disintegration.

North America, headed by US is world’s most important pharmaceutical industry. It stands over 40% of the global pharmaceutical industry. It hosts many top companies that are contributing in medicine industry on a global basis. Additionally, the technology is used in medical metals and alloys. Rising pharmaceutical industry, blister packaging market will surge in the forecast time frame.

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Key players in additive manufacturing with metal powders market are 3D Systems, Aerojet Rocketdyne, American Standards, Bright Laser Technologies, Cerevo, Farsoon, Concept Laser, Arcam, Grisont Paris and Legor. GE acquires 75% stake in Concept Laser. The aim of acquisition is digital transformation of industrial production. The move will accelerate development of the technology to benefit customers. The company will expand its product offering including innovative AM factory. Concept laser has won several awards for innovation excellence in recent years and is still investing on customer centric technology. The company will focus on customer base in aerospace, medical, automotive and jewelry industries.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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