Metal Powder for Additive Manufacturing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Metal powder additive processing is widely used in the aerospace, automotive, medical, and oil and gas industries. Objects and substances are created using additive manufacturing with metal powders by layering materials in various ways, depending on the manufacturing technique used. Metal powders for additive manufacturing come in various forms, including alloys, stainless steel, precious metals, and more.

MARKET DYNAMICS

The growing applications of additive manufacturing with metal powders in various medical applications, reduced production time and mass customization of additive manufacturing with metal powders, and multi-functionality of additive manufacturing with metal powders are driving the growth of the additive manufacturing with metal powders industry. The market is expected to expand due to rising demand for additive manufacturing with metal powders in automotive and aerospace applications, as well as increased research and development in metal powders. Furthermore, rising government investments in additive manufacturing with metal powders, as well as the introduction of new technologies in additive manufacturing with metal powders, are expected to provide opportunities for manufacturers in the global market. However, volatile raw material prices and strict government regulations on material usage are expected to stifle the global additive manufacturing industry's growth.

MARKET SCOPE

The "Global Metal Powder for Additive Manufacturing Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the metal powder for additive manufacturing market with detailed market segmentation by type, application and material. The global metal powder for additive manufacturing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal powder for additive manufacturing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global metal powder for additive manufacturing market is segmented into type, application and material. By type, the metal powder for additive manufacturing market is classified into powder bed, blown powder, others. By application, the metal powder for additive manufacturing market is classified into 3d printing, rapid prototyping, direct digital manufacturing (DDM). By material the metal powder for additive manufacturing market is classified into alloy, stainless steel, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global metal powder for additive manufacturing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The metal powder for additive manufacturing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the metal powder for additive manufacturing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the metal powder for additive manufacturing market in these regions.

MARKET PLAYERS

The report covers vital developments in the metal powder for additive manufacturing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the metal powder for additive manufacturing market are anticipated to lucrative growth opportunities in the future with the rising demand for metal powder for additive manufacturing in the global market. Below mentioned is the list of few companies engaged in the metal powder for additive manufacturing market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metal powder for additive manufacturing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Sandvik AB
  
•   Melrose Industries PLC
  
•   ATI Powder Metals
  
•   Praxair Surface Technologies Inc.
  
•   Höganäs AB
  
•   AMG Advanced Metallurgical Group
  
•   Rio Tinto Plc
  
•   voestalpine BÖHLER Edelstahl GmbH & Co KG
  
•   Aubert & Duval
  
•   American Axle & Manufacturing, Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Metal Powder for Additive Manufacturing Report Scope