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3D Printing Trends Report: Market size reaches $24.8 billion selective laser sintering

3D Printing Trends Report: Market size reaches $24.8 billion selective laser sintering

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2024-07-01
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On June 9, 2024, Protolabs released the 2024 version of its yearly 3D Printing Trends Record, which provides 3D printing trends and the future of 3D printing; repainting a favorable photo for the global 3D printing market, highlighting market development, ecosystem maturation, and new innovation innovations.


(Protolabs Trends Report 3D Printing Market Growth and Forecast.Source: Protolabs)

The record, based upon vital market data and insights from more than 700 engineering specialists, shows confidence in the additive production market. New mini and huge applications and the expanding capacity of 3D printing for end-use component manufacturing scale are reported to be driving this fad.

The 3D printing market is said to be expanding 10.5% faster than anticipated. The marketplace size is reported to expand 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 evaluation is consistent with data from market knowledge firm Wohlers Associates, which predicts the market will be worth $20 billion in 2024.

In addition, the report specifies that 70% of firms will certainly 3D publish even more components in 2023 than in 2022, with 77% of participants citing the clinical sector as having the best potential for impact.

“3D printing is currently firmly developed in the production sector. The sector is developing as it ends up being an extra extensively made use of industrial production process. From layout software application to automatic production remedies to boosted post-processing techniques, this emerging ecological community reveals that an increasing number of companies are utilizing production-grade 3D printing,” according to the record.

Application of spherical tantalum powder in 3D printing

The application of spherical tantalum powder in 3D printing has actually opened a brand-new phase in brand-new materials science, specifically in the biomedical, aerospace, electronic devices and accuracy equipment sectors. In the biomedical field, spherical tantalum powder 3D printed orthopedic implants, craniofacial fixing frameworks and cardio stents supply people with safer and much more personalized treatment alternatives with their excellent biocompatibility, bone assimilation ability and corrosion resistance. In the aerospace and protection sector, the high melting factor and stability of tantalum materials make it a suitable selection for manufacturing high-temperature components and corrosion-resistant elements, guaranteeing the trustworthy procedure of tools in severe environments. In the electronic devices sector, spherical tantalum powder is used to produce high-performance capacitors and conductive finishes, fulfilling the demands of miniaturization and high capability. The benefits of spherical tantalum powder in 3D printing, such as good fluidity, high density and easy combination, make sure the accuracy and mechanical buildings of printed components. These advantages come from the consistent powder spreading of spherical bits, the capacity to minimize porosity and the small surface area contact angle, which together promote the density of published parts and minimize defects. With the constant development of 3D printing modern technology and product science, the application leads of spherical tantalum powder will be more comprehensive, bringing cutting edge modifications to the premium production sector and promoting ingenious advancements in areas varying from clinical wellness to sophisticated modern technology.

Supplier 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 selective laser sintering, please feel free to contact us and send an inquiry.

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