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3D Printing Trends Report: Market size reaches $24.8 billion laser printing on metal

3D Printing Trends Report: Market size reaches $24.8 billion laser printing on metal

2024-07-01
in Chemicals&Materials
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On June 9, 2024, Protolabs launched the 2024 edition of its yearly 3D Printing Trends Record, which provides 3D printing patterns and the future of 3D printing; painting a positive image for the global 3D printing industry, highlighting market growth, ecosystem maturity, and new technology innovations.


(Protolabs Trends Report 3D Printing Market Growth and Forecast.Source: Protolabs)

The record, based on essential market information and insights from more than 700 engineering professionals, mirrors confidence in the additive production market. New micro and large applications and the growing potential of 3D printing for end-use part production scale are reported to be driving this fad.

The 3D printing sector is claimed to be growing 10.5% faster than anticipated. The market dimension is reported to expand at a compound annual growth price of 21% to $24.8 billion in 2024 and is expected to reach $57.1 billion by the end of 2028.

This 3D printing market valuation follows information from market knowledge company Wohlers Associates, which anticipates the market will be worth $20 billion in 2024.

Furthermore, the record mentions that 70% of companies will certainly 3D publish even more parts in 2023 than in 2022, with 77% of participants pointing out the medical sector as having the greatest potential for impact.

“3D printing is currently strongly developed in the manufacturing industry. The sector is maturing as it comes to be a much more extensively utilized industrial production process. From design software application to computerized manufacturing services to enhanced post-processing approaches, this arising environment reveals that a growing number of companies are utilizing production-grade 3D printing,” according to the record.

Application of spherical tantalum powder in 3D printing

The application of round tantalum powder in 3D printing has opened up a brand-new phase in brand-new materials scientific research, especially in the biomedical, aerospace, electronics and accuracy machinery sectors. In the biomedical field, spherical tantalum powder 3D printed orthopedic implants, craniofacial repair work frameworks and cardiovascular stents offer clients with safer and extra tailored treatment choices with their superb biocompatibility, bone integration capability and rust resistance. In the aerospace and defense market, the high melting factor and stability of tantalum products make it an ideal choice for manufacturing high-temperature parts and corrosion-resistant parts, making certain the dependable procedure of equipment in extreme atmospheres. In the electronic devices market, round tantalum powder is utilized to produce high-performance capacitors and conductive layers, fulfilling the demands of miniaturization and high capacity. The benefits of round tantalum powder in 3D printing, such as excellent fluidness, high density and simple fusion, make certain the precision and mechanical residential properties of printed parts. These advantages originate from the uniform powder spreading of spherical particles, the ability to reduce porosity and the tiny surface area contact angle, which with each other promote the density of published components and lower problems. With the continuous improvement of 3D printing innovation and product science, the application potential customers of spherical tantalum powder will certainly be broader, bringing revolutionary adjustments to the high-end manufacturing sector and advertising cutting-edge breakthroughs in fields ranging from medical wellness to cutting-edge modern technology.

Supplier of Spherical Tantalum Powder

TRUNNANO is a supplier of 3D Printing Materials with over 12 years experience in nano-building energy conservation and nanotechnology development. It accepts payment via Credit Card, T/T, West Union and Paypal. Trunnano will ship the goods to customers overseas through FedEx, DHL, by air, or by sea. If you want to know more about laser printing on metal, please feel free to contact us and send an inquiry.

Inquiry us



    Tags: printingtrends

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