Advances in Additive Manufacturing with Metal Powders Market : Understanding the Market and Its Potential
The global Additive Manufacturing (AM) with metal powders market size was USD 490.30 Million in 2022 and is expected to register a revenue CAGR of 21.6% during the forecast period. Factors such as increasing adoption of additive manufacturing by various industries and improvement in manufacturing processes are creating a high demand for additive manufacturing with metal powders, thus is expected to drive market revenue growth.
Some of the key factors driving the growth of the global Additive Manufacturing with Metal Powders market include expanding R&D efforts to develop novel Additive Manufacturing with Metal Powders products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Additive Manufacturing with Metal Powders
The COVID-19 pandemic had a significant negative influence on the market for Additive Manufacturing with Metal Powders in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Additive Manufacturing with Metal Powders were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Additive Manufacturing with Metal Powders in 2020. Additionally, demand for Additive Manufacturing with Metal Powders decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Additive Manufacturing with Metal Powders market : Competitive Landscape
The prominent players operating in the Additive Manufacturing with Metal Powders market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Additive Manufacturing with Metal Powders market .
Some of the prominent players operating in the market are:
Advanced Technology & Materials Co., Ltd., ATI Inc., CRS Holdings, LLC., GKN Sinter Metals Pvt. Ltd., Houmlganaumls AB, LIBERTY Steel Group, Polema, RusAL., Sandvik AB, Rio Tinto, Renishaw plc., Praxair, Arconic, Miba AG, Matsuura Machinery Ltd, 3D system Corporation, Aubert & Duval, BOuml;HLER GmbH & Co KG, Metaldyne Performance Group Inc., ExOne
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Additive Manufacturing with Metal Powders market ?
What are the key factors driving the Global Additive Manufacturing with Metal Powders market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Additive Manufacturing with Metal Powders market ?
Who are the distributors, traders, and dealers of Additive Manufacturing with Metal Powders market ?
What are the Additive Manufacturing with Metal Powders market opportunities and threats faced by the vendors in the Global Additive Manufacturing with Metal Powders industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
Material Outlook (Revenue, USD Million; 2019-2032)
- Stainless steel
- Alloys
- Others
Manufacturing Technique Outlook (Revenue, USD Million; 2019-2032)
- Powder Bed
- Blown Powder
End-Use Industry Vertical Outlook (Revenue, USD Million; 2019-2032)
- Aerospace and defense
- Automotive
- Medical and Dental
- Tooling
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Regional Bifurcation of the Additive Manufacturing with Metal Powders market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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