European Additive Manufacturing with Metal Powders Market size to cross $510 Mn by 2028

Published Date: 2022-08-08

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European Additive Manufacturing with Metal Powders Market size is projected to reach USD 510 million by 2028, according to a latest forecast report by Graphical Research.

The chief drivers for additive manufacturing (AM) adoption across Europe include design flexibility, reduced lead times, and expedited product development for a wide base of industries, including automotive, aerospace, medical, and oil & gas sectors.

In the oil & gas sector, increasing use of AM in the production of complex mechanisms allows on-demand manufacturing and omission of tooling and inventory expenses. Capitalizing on these product features, several oilfield service businesses across the world are employing additive manufacturing to create metal components for a range of materials and equipment.

The automotive industry has been using 3D printing with powder metals over the few years because it provides many benefits, including the ability to produce new designs. With conventional metal fabrication methods such as casting and machining, manufacturers will not be able to derive shorter lead times as offered by AM technology.

Leading automaker Volvo has been using 3D printing for supply chain management and tooling. Similarly, Ford has also been embracing the technology actively by setting up an additive manufacturing center that employs its operations extensively. With growing demand for lightweight vehicles and components, manufacturers are likely to utilize 3D printing for mass vehicle production.

The integration of advanced technology and additive manufacturing has gained widespread adoption in the medical device industry. With the help of AM, medical practitioners can match implant to patient anatomy and therefore potentially reduce aseptic loosening. Rising number of dental injuries owing to road accidents and sport injuries should propel the dental implants sector.

The adoption of additive manufacturing in the medical sector for dental restorations and orthopedic implants is growing. This trend is attributed to the high demand for customization along with extensive functional integration, which should contribute to Europe 3D printing with metal powders industry size.

Browse detailed statistical insights from the report, “Europe Additive Manufacturing with Metal Powders Market Forecast 2028 By Material (Alloy {Titanium, Cobalt, Copper, Nickel, Aluminum}, Stainless Steel {Austenitic Steel, Martensitic Steel, Duplex Steel, Ferritic Steel}, Other Steel {High Speed Steel, Tool Steel, Low Alloy Steel}, Precious Metal), By Manufacturing Technique (Powder Bed {Direct Metal Laser Sintering, Selective Laser Melting, Electron Beam Melting}, Blown Powder {Direct Metal Deposition, Laser Engineering Net Shape}), By Application (Aerospace, Automotive, Medical, Oil & Gas), Research Report, Country Outlook ( Germany, UK, France, Italy, Spain, Russia, Poland), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @

https://www.graphicalresearch.com/industry-insights/1040/europe-additive-manufacturing-with-metal-powders-market

Cobalt, aluminum, nickel, titanium powders, and stainless steel are some of the common materials used in various applications involved in additive manufacturing with metal powders. Europe additive manufacturing with metal powders market volume share from the stainless-steel material segment was more than 250 tons in 2021. The material does not only offer corrosion- and stain- resistant properties, but also requires low maintenance. Over the next few years, the automotive, aerospace, and oil & gas sectors will contribute toward the uptick in the material demand.

With increased focus on automation and flexibility, U.K. additive manufacturing industry size was valued at more than USD 28 million in 2021. Metal powders with superior attributes such as durability, welding properties, and corrosion resistance are increasingly being used in automotive manufacturing. Novel breakthroughs in the additive manufacturing techniques, as well as advances in sophisticated materials, could assist the automotive industry in designing the smart, autonomous vehicles of the future. In addition, the technology may be utilized to satisfy growing vehicle demand by faster production and reduced lead times.

The North American additive manufacturing with metal powders market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2017 to 2028, for the following segments:

Europe Market Size, By Manufacturing Technique

  • Powder Bed
  • Blown Powder
  • Others

Europe Market Share, By Material

  • Alloy
  • Stainless Steel
  • Other Steel
  • Precious metals

Europe Market, By Application

  • Aerospace
  • Automotive
  • Medical
  • Oil & Gas
  • Others

The above information has been provided for the following countries:

  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Poland