The Europe Additive Manufacturing with Metal Powders Market value is expected to surpass USD 435 million by 2024.
Increasing usage of additive manufacturing (AM) in medical sector for dental restorations and orthopedic implants due to high customization and design freedom along with extensive functional integration should contribute to Europe 3D printing with metal powders market size in the region.
Rising number of dental injuries owing to road accident and sport injuries should propel dental implants sector, thus driving Europe Additive Manufacturing with metal powders market size.
Growing automotive production along with rise in demand for more fuel efficient and light weight vehicles should drive AM with metal powders market size. Swift urbanization accompanied with augmented practice of AM in making of tool prototypes and minor custom parts in automotive sector should drive regional industry growth.
UK 3D printing with metal powders market from aluminum is projected to reach 18 tons by 2024. Components manufactured from aluminum powder have usage in motor racing, automotive and general engineering for being rigid and light. Superior features including durability, welding properties and corrosion resistance metal powders suitable for automotive industries, thus driving product demand in this region.
Russia AM with metal powders market from oil & gas application should grow by 17% in the anticipated timeframe. Modelling and prototyping for oil & gas exploration, impellers, chemical injection, pipeline rigs, operational equipment, gears nozzles may propel product demand by 2024. Increasing use of AM in producing complex mechanisms for O&G sector, reducing emissions boosting performance and cutting costs should propel product demand.
Aluminum, Cobalt, titanium powders, nickel and stainless steel are used as raw materials in additive manufacturing with metal powders manufacturing. Patent problems concerning products and technology with price volatility for raw material may have negative impact on industry profitability.
Europe 3D printing with metal powders market share is slightly consolidated and competitive. Major players operating in the industry includes Airbus, Additive Industries, APWorks and Duva & Aubert.
Segments Covered in this Report:
Europe Additive Manufacturing with Metal Powders Market, By Application
The above information is provided for the following country’s: