Additive Manufacturing with Metal Powders Market: Size, Trends, and Emerging Opportunities
The Additive Manufacturing with Metal Powders Market is witnessing remarkable growth, projected to expand from hundreds of millions of dollars today to several billions in the coming years, registering a strong CAGR of over 20%. This surge is driven by the rising adoption of metal 3D printing across industries seeking lightweight, durable, and complex components.
In terms of market share, alloys such as titanium, aluminium, stainless steel, and nickel-based powders dominate due to their versatility and performance in demanding environments. Powder-bed fusion techniques like selective laser melting (SLM) and electron beam melting (EBM) hold a significant portion of the market, offering precision and scalability for industrial applications.
Among applications, aerospace and defence lead with extensive use of metal additive manufacturing for weight reduction and design optimization. The automotive sector is quickly catching up with rapid prototyping and custom part manufacturing, while healthcare and dental applications are expanding due to demand for patient-specific implants and medical devices.
Key trends include advances in powder recycling, improved atomization methods, and the integration of AI for process monitoring and defect reduction.
Opportunities are especially strong in Asia-Pacific, where supportive policies, falling costs, and growing R&D investments are accelerating adoption across multiple industries.