Global 3D Printing Powder Market Analysis
The global market for 3D printing powder is projected to reach US$7.29 billion by 2032, experiencing significant growth from US$1.68 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 17.69% from 2024 to 2032.
3D printing powder is a crucial material used in technologies such as SLS, MJF, and SLA, allowing for the creation of intricate, high-detail parts through additive manufacturing. The characteristics of the powder, such as its shape and production method, affect flowability, accuracy, and strength. This versatile technology is widely used in automotive manufacturing, aerospace engineering, healthcare, and sustainable energy sectors, revolutionizing production processes and enabling greater efficiency and customization.
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Key growth drivers in the 3D printing powder market include:
Technological