Additive Manufacturing Research (AM Research) has released its latest report, Titanium Powder for Additive Manufacturing in 2024, projecting the market for titanium powders in additive manufacturing (AM) to grow from $214 million in 2023 to $1.4 billion by 2032.
According to the research organisation, the report offers data on market trends, tracking revenues across industries, regions, and printing technologies.
It also identifies aerospace and medical sectors as key drivers of titanium powder demand, with additional contributions from jewellery and automotive applications.
According to the report, Powder Bed Fusion (PBF) accounts for the largest share of titanium AM applications, with revenues four times higher than those from Directed Energy Deposition (DED) and twelve times larger than Metal Binder Jetting (MBJ).
The Bound Metal Deposition (BMD) market remains the smallest segment, estimated at half the size of MBJ.
However, the report forecasts MBJ will see notable growth by 2032, potentially closing the gap with DED.
The study highlights several companies active in the titanium AM market, including AP&C, Tekna, Carpenter, Praxair, Sandvik, 6K Additive, and IperionX.
It also references manufacturing and technology providers such as GE Additive, EOS, Renishaw, Boeing, Safran, and Zimmer Biomet, among others.
The report, structured in two parts, combines market data with written analysis. It covers metrics such as material shipments, revenues by geographic region, and print technology trends.
Additionally, it explores the role of Titanium Metal Injection Molding (MIM) within the broader titanium AM market.
The full report, including forecasts and industry insights, is available for purchase on the AM Research website.
A free sample can also be requested.
For more details, visit: Titanium Powder for Additive Manufacturing in 2024.
