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Which metal dominates the 3D printing market?

2024-01-19 14:01

In January 2024, Additive Manufacturing Research (AMR) released a survey on the utilization rate of metal materials, drew the latest chart, and provided the "strength ranking" of various metals in AMR metal additive manufacturing powder.

Balancing factors such as growth and sales is crucial when evaluating the metal powder market. For example, materials with smaller annual shipments may have higher growth rates. In addition, metals have different densities, so tracking the weight of the powder alone cannot fully explain the situation. As for aluminum, the volume of one ton of aluminum powder is much larger than that of one ton of steel.
Therefore, in order to accurately compare the importance of metals to the entire 3D printing market, AMR has established a strength ranking. The total market share of each metal powder type in a given year is multiplied by the growth rate of the metal powder's shipment volume in the same year. This value is multiplied by 100 to obtain the original ranking, then divided by the sum of all ranking values in the given year. Finally, the data is standardized for cross year comparison.
Looking at AMR's latest strength ranking chart, you can discover some interesting trends:

Titanium alloy occupies a significant position in the ranking, playing a crucial role in additive manufacturing due to its high strength to weight ratio and corrosion resistance, making it an ideal choice for aerospace and medical applications.
Steel plays a fundamental role in various industries due to its versatility and consistent performance.
Nickel alloys have also attracted attention due to their high-performance properties in extreme environments and are indispensable in fields such as aerospace and energy.
Aluminum is becoming increasingly popular, thanks to its lightweight design and the push for more energy-efficient components in the automotive and aerospace industries.
Other categories, such as cobalt chromium alloys, refractory metals, precious metals, etc., although in small quantities, have shown varying degrees of growth and market share, reflecting niche applications or emerging trends in additive manufacturing.
This chart not only represents the current state of additive manufacturing, but can also serve as a predictive tool for future trends. For example, metals with high growth rates but low production may indicate emerging materials, and if their application scope expands, it may have a certain impact on the market.