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Additive Manufacturing with Metal Powders Market
Research Report, 2017-2024: Global Market Insights
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.
The substance is specially designed for additive development. 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.
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.
Supply chain in additive manufacturing with metal powders market initiates from its
development. The process involves selection of powder, routes of production, water,
gas and plasma atomization and at the end hydride dehydride process. End users
are aerospace, automotive, medical and jewelry industries.
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
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.
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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Share & Forecast, 2017 – 2024
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