Scienza e Tecnologia
3D Printing Powder Market is Forecast to Reach US$ 5.8 Billion in 2028, Says Stratview Research
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The global 3D Printing Powder Market is segmented based on material type, end-use industry type, and region.
The 3D printing powder market is segmented into metal, plastics, and ceramic. . Easy to manufacture complex parts, manufacture precise and highly detailed objects, offers high strength and hardness with very low weight, and less material wastage are key advantages of metal 3D printing. The plastics material category is expected to remain the second largest during the forecast period.
The market is segmented into steel, nickel alloys, titanium alloys, aluminum alloys, cobalt alloys, and others. . Titanium alloys are preferred for applications that require significant weight saving while maintaining high performance in end-use industries, such as aerospace, medical, automotive, and engineering industries.
The market is segmented into aerospace & defense, medical, automotive, energy, and others. in the market during the forecast period. Key applications are surgical implants (e.g., cranial plates or hip joints), external prostheses, dental crowns & bridges, and removable partial dentures. Also, used in the manufacturing of pharmaceutical drug formulations for clinical trials (small batches size).
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The report suggests that for 3D Printing Powder during the forecast period. This growth is majorly attributed to the following:
Likewise, . China , Japan , and India are among the key countries to adopt 3D printing technology in the Asia-Pacific region.
The 3D printing powder market grew at a modest 0.6% year on year in 2020, due to the pandemic. The market saw an excellent resurgence in 2021, primarily propelled by the growing use of 3D printing products. Below given are a few more reasons behind its growth -
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The market is fairly consolidated with the presence of some global and regional players. Stratview Research has identified the following companies as the top market players.
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