Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 517.02 Million | USD 2361.61 Million | 20.91% | 2024 |
FrequentlyAsked Questions
Metal powders for additive manufacturing are fine-milled metals used as raw materials in 3D printing technologies, such as Electron Beam Melting and Selective Laser Melting. These powders commonly include stainless steel, aluminum, nickel, and titanium alloys, offering design flexibility, high precision, and material efficiency
The global metal powders for additive manufacturing market is projected to grow due to the expansion of the semiconductor and electronics industry, improvements in metal powder production technologies, and the proliferation of smart manufacturing and Industry 4.0.
According to study, the global metal powders for additive manufacturing market size was worth around USD 517.02 million in 2024 and is predicted to grow to around USD 2361.61 million by 2034.
The CAGR value of the metal powders for additive manufacturing market is expected to be approximately 20.91% from 2025 to 2034.
North America is expected to lead the global metal powders for additive manufacturing market during the forecast period.
The key players profiled in the global metal powders for additive manufacturing market include Höganäs AB, Carpenter Technology Corporation, Sandvik AB, GKN Additive, EOS GmbH, Aubert & Duval, LPW Technology Ltd (now part of Carpenter Additive), Renishaw plc, Tekna Plasma Systems Inc., Kennametal Inc., Heraeus AMLOY Technologies GmbH, Jiangsu Vilory Advanced Materials Technology Co., Ltd., Metalysis Ltd., 3D Systems Corporation, and VBN Components AB.
Titanium-based powders are expected to dominate the metal powders for additive manufacturing market by 2034 due to their superior strength-to-weight ratio and corrosion resistance. Their broader use in medical implants, aerospace, and defense applications fuels this growth.
Emerging trends in the metal powders for additive manufacturing market include the development of novel alloys, the growth of sustainable and recyclable powders, and in-situ process monitoring solutions. Advancements like AI-driven powder design, binder jetting for metals, and closed-loop powder reuse systems are also transforming the market outlook.
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