Advanced Materials Categories

3D Printing Metals Market Outlook: Global Drivers, Growth & Opportunities

According to a research report published by Spherical Insights & Consulting, the Global 3D Printing Metals Market Size is Expected to Grow from USD 849.7 Million in 2023 to USD 4788.2 Million by 2033, at a CAGR of 18.88% during the forecast period 2023-2033.

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Metal 3D printing, or additive manufacturing, is a digital process that creates metallic items layer by layer, combining the mechanical properties of metals with the design flexibility of 3D printing. The great density and efficiency of 3D-printed metals have made them popular in the global market and are utilized in domestic goods, commercial vehicles, and aluminum. They make it possible for customization, on-demand manufacture, and fast alterations, satisfying the demands of medical professionals, hospitals, and users of personal protective equipment. Major polymer aluminum manufacturers’ forward integration is propelling the expansion of the worldwide 3D printing metals market. The growing use of 3D printing technology for creating patient-appropriate dental goods is driving a notable expansion in the medical and dentistry sector. Industry players are collaborating strategically and launching products to drive innovation and enhance their capabilities. For instance, the Jet Fusion 5420W and Metal Jet S100 systems were integrated in May 2023 as part of a partnership with Metal JET to improve HP Multi Jet Fusion’s medical 3D printing capabilities. However, because of increased expenses and upkeep needs, which are reducing the demand for these cutting-edge technologies, the global 3D printing metals market is anticipated to expand.

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global 3D Printing Metals Market Size, Share, and COVID-19 Impact Analysis, By Metal Type (Titanium, Nickel, Stainless Steel, Aluminum, and Others), By Form (Filament, Ink, and Powder), By Vertical (Healthcare, Aerospace & Defense, Automotive, Heavy Industry, Manufacturing, Consumer Goods, Electronics & Electrical, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The titanium segment is predicted to hold the largest market share through the forecast period.

Based on the metal type, the 3D printing metals market is classified into titanium, nickel, stainless steel, aluminum, and others. Among these, the titanium segment is predicted to hold the largest market share through the forecast period. This is due to the titanium-based goods are increasingly being used in several verticals due to their many features, including lightweight, non-corrosion, high strength, and toughness, among others.

The powder segment is anticipated to hold the highest market share during the projected timeframe. 

Based on the form, the 3D printing metals market is divided into filament, ink, and powder. Among these, the powder segment is anticipated to hold the highest market share during the projected timeframe. This is due to its strong properties and anticipated demand from various industries like food packaging, tableware, upholstery, and disposable clothing.

The healthcare segment is anticipated to hold the greatest market share during the projected timeframe.   

Based on the vertical, the 3D printing metals market is divided into healthcare, aerospace & defense, automotive, heavy industry, manufacturing, consumer goods, electronics & electrical, and others. Among these, the healthcare segment is anticipated to hold the greatest market share during the projected timeframe. This is due to the rapid product development, favorable government support, and enhanced technology that are expected to increase product demand in medical applications.

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North America is estimated to hold the largest share of the 3D printing metals market over the forecast period.

North America is estimated to hold the largest share of the 3D printing metals market over the forecast period. The need for 3D-printed plastics is driven by the expanding senior population and the medical end-use sector. Demand is driven by the mechanical and chemical characteristics of 3D-printed polymers used in medical devices. It is anticipated that cost-effective production techniques, optical clarity, and biocompatibility will fuel product demand in the healthcare sector.

Asia Pacific is predicted to have the fastest CAGR growth in the 3D printing metals market over the forecast period. The regional market expansion is expected to be influenced by the growing use of additive manufacturing by aerospace businesses, such as Hindustan Aeronautics Ltd. (HAL), which uses metal additive manufacturing for in-house engine development, such as the Hindustan Turbofan Engine-25.

Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the 3D printing metals market include 3D Systems Corporation, Arcam AB, ExOne GmbH, Carpenter Technology Corp, Renishaw PLC, Proto Labs, Inc, Honeywell, Materialise NV, 3D Systems Corp, Voxeljet AG, GE, Sandvik AB, Hoganas AB, GKN PLC and Others.

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the 3D printing metals market based on the below-mentioned segments:

 

Global 3D Printing Metals Market, By Metal Type 

  • Titanium
  • Nickel
  • Stainless Steel
  • Aluminum
  • Others

Global 3D Printing Metals Market, By Form

  • Filament
  • Ink
  • Powder

Global 3D Printing Metals Market, By Vertical

  • Healthcare
  • Aerospace & Defense
  • Automotive
  • Heavy Industry
  • Manufacturing
  • Consumer Goods
  • Electronics & Electrical
  • Others

Global 3D Printing Metals Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

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