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

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On June 9, 2024, Protolabs released the 2024 edition of its annual 3D Printing Trends Record, which presents 3D printing patterns and the future of 3D printing; painting a favorable image for the worldwide 3D printing market, highlighting market development, ecosystem maturity, and new technology innovations.

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 report, based upon vital market data and insights from greater than 700 engineering specialists, reflects confidence in the additive production market. New micro and huge applications and the expanding possibility of 3D printing for end-use component production scale are reported to be driving this trend.

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

This 3D printing market appraisal is consistent with data from market intelligence firm Wohlers Associates, which forecasts the marketplace will be worth $20 billion in 2024.

Additionally, the record specifies that 70% of business will certainly 3D publish more parts in 2023 than in 2022, with 77% of respondents mentioning the medical industry as having the greatest capacity for influence.

“3D printing is currently firmly established in the manufacturing sector. The sector is growing as it ends up being a more widely utilized industrial manufacturing process. From style software program to automated production services to improved post-processing methods, this arising ecological community shows that increasingly more business are making use of production-grade 3D printing,” according to the report.

Application of spherical tantalum powder in 3D printing

The application of spherical tantalum powder in 3D printing has opened up a brand-new phase in brand-new products scientific research, specifically in the biomedical, aerospace, electronic devices and accuracy machinery industries. In the biomedical field, round tantalum powder 3D published orthopedic implants, craniofacial repair structures and cardio stents supply patients with more secure and much more individualized therapy options with their outstanding biocompatibility, bone combination capability and deterioration resistance. In the aerospace and protection industry, the high melting factor and security of tantalum products make it a suitable option for making high-temperature elements and corrosion-resistant elements, ensuring the reliable procedure of devices in extreme atmospheres. In the electronic devices industry, round tantalum powder is used to manufacture high-performance capacitors and conductive finishes, fulfilling the needs of miniaturization and high ability. The benefits of round tantalum powder in 3D printing, such as excellent fluidity, high density and simple combination, make sure the accuracy and mechanical residential or commercial properties of published components. These benefits come from the consistent powder spreading of round fragments, the ability to lower porosity and the small surface area get in touch with angle, which with each other promote the density of printed components and reduce flaws. With the continual advancement of 3D printing technology and product scientific research, the application prospects of spherical tantalum powder will certainly be more comprehensive, bringing innovative modifications to the premium production industry and advertising ingenious breakthroughs in areas varying from medical health to sophisticated technology.

Provider 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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