SmarTech and 6K release AM powder market analysis

October 26, 2022

Global metal powder revenues from AM, across all industries and 3D printing technologies, 2014-2031(f) (Courtesy SmarTech Analysis and 6K)
Global metal powder revenues from AM, across all industries and AM technologies, 2014-2031(f) (Courtesy SmarTech Analysis and 6K)

6K, North Andover, Massachusetts, USA, and SmarTech Analysis, a market research and industry analysis firm based in Crozet, Virginia, USA, have released a white paper entitled ‘Metal AM Goes Full Scale: The future of metal powder additive materials.’ This paper offers a comprehensive look at the metal powder Additive Manufacturing market, a review of the industry’s development since 2013, and speculates on what the future will hold.

The white paper posits that the main factor driving industry growth is scale. Through years of application development, users have achieved the critical mass necessary for greater machine productivity and uptime. As the metal Additive Manufacturing market continues to mature and scale, there will be specific opportunities available to metal powder makers.

The published data reflects SmarTech’s in-house market data and provides an exclusive view of the metal Additive Manufacturing powder market and commentary on scaling into the future.

“The age of AM at full scale is here, but its full scope won’t come to pass if the leaders and innovators in metal powder supply don’t continue to evolve,” the paper posits. “AM’s most advantageous quality is that it can be very agile at a process level, eliminating traditional bottlenecks and imbuing a degree of that agility to its users’ manufacturing and product development operations.

“Powder suppliers should strive to do the same with their technology, increasing efficiency and agility to keep supply flowing and accommodate those customers who have the opportunity to scale additive production as they need it – not with months of delay because feedstock material isn’t available,” the authors conclude.

The full white paper is available here for download.

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