3D Printing Trends Report: Market size reaches $24.8 billion additive printing

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On June 9, 2024, Protolabs launched the 2024 edition of its annual 3D Printing Trends Record, which offers 3D printing fads and the future of 3D printing; painting a favorable picture for the worldwide 3D printing market, highlighting market growth, ecosystem maturity, and brand-new technology developments.

3D Printing Trends Report: Market size reaches $24.8 billion additive printing插图

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

The record, based upon crucial market information and insights from greater than 700 engineering specialists, reflects self-confidence in the additive manufacturing market. New micro and huge applications and the expanding possibility of 3D printing for end-use component production range are reported to be driving this pattern.

The 3D printing sector is stated to be growing 10.5% faster than expected. The market size is reported to grow at a compound yearly development rate of 21% to $24.8 billion in 2024 and is anticipated to reach $57.1 billion by the end of 2028.

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

In addition, the report mentions that 70% of companies will 3D publish more components in 2023 than in 2022, with 77% of respondents pointing out the clinical sector as having the greatest potential for effect.

“3D printing is now securely established in the production industry. The market is maturing as it ends up being a more extensively made use of industrial manufacturing procedure. From style software application to automatic manufacturing solutions to boosted post-processing techniques, this emerging ecosystem shows that more and more firms are making use of production-grade 3D printing,” according to the report.

Application of spherical tantalum powder in 3D printing

The application of round tantalum powder in 3D printing has actually opened up a new phase in new products scientific research, specifically in the biomedical, aerospace, electronics and precision equipment industries. In the biomedical area, spherical tantalum powder 3D printed orthopedic implants, craniofacial repair structures and cardiovascular stents provide clients with safer and much more personalized therapy choices with their outstanding biocompatibility, bone combination ability and rust resistance. In the aerospace and defense sector, the high melting point and stability of tantalum materials make it an ideal choice for producing high-temperature elements and corrosion-resistant components, making sure the dependable operation of equipment in extreme settings. In the electronics market, round tantalum powder is utilized to manufacture high-performance capacitors and conductive layers, fulfilling the needs of miniaturization and high ability. The advantages of round tantalum powder in 3D printing, such as great fluidity, high density and simple combination, guarantee the accuracy and mechanical residential properties of published parts. These benefits originate from the consistent powder spreading of spherical fragments, the capacity to lower porosity and the small surface area call angle, which together advertise the density of published components and decrease problems. With the continuous innovation of 3D printing technology and material science, the application leads of spherical tantalum powder will be wider, bringing innovative adjustments to the high-end manufacturing industry and promoting innovative breakthroughs in areas varying from medical health and wellness to sophisticated technology.

Vendor 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 additive printing, please feel free to contact us and send an inquiry.


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