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HomeChemicals&Materials3D Printing Trends Report: Market size reaches $24.8 billion carbon fiber petg

3D Printing Trends Report: Market size reaches $24.8 billion carbon fiber petg

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On June 9, 2024, Protolabs launched the 2024 version of its yearly 3D Printing Trends Report, which offers 3D printing patterns and the future of 3D printing; painting a favorable image for the global 3D printing market, highlighting market growth, ecosystem maturity, and brand-new modern technology innovations.


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

The report, based on vital market data and understandings from greater than 700 engineering professionals, shows self-confidence in the additive production market. New micro and huge applications and the growing capacity of 3D printing for end-use part manufacturing scale are reported to be driving this trend.

The 3D printing market is claimed to be expanding 10.5% faster than expected. The marketplace size is reported to grow at a compound yearly growth 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 follows data from market knowledge company Wohlers Associates, which predicts the marketplace will certainly be worth $20 billion in 2024.

On top of that, the report states that 70% of business will certainly 3D print even more parts in 2023 than in 2022, with 77% of respondents citing the medical sector as having the best possibility for impact.

“3D printing is now securely established in the production industry. The industry is growing as it becomes a much more commonly utilized commercial production process. From design software program to automatic manufacturing options to enhanced post-processing approaches, this emerging environment reveals that increasingly more business are utilizing 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 materials scientific research, particularly in the biomedical, aerospace, electronic devices and precision equipment industries. In the biomedical field, spherical tantalum powder 3D printed orthopedic implants, craniofacial repair structures and cardio stents give clients with much safer and extra personalized treatment alternatives with their exceptional biocompatibility, bone integration ability and deterioration resistance. In the aerospace and protection market, the high melting point and security of tantalum materials make it an optimal selection for producing high-temperature parts and corrosion-resistant elements, making sure the reliable procedure of equipment in extreme settings. In the electronic devices industry, spherical tantalum powder is used to manufacture high-performance capacitors and conductive coverings, satisfying the needs of miniaturization and high capability. The benefits of spherical tantalum powder in 3D printing, such as good fluidity, high thickness and easy combination, guarantee the accuracy and mechanical buildings of published parts. These advantages come from the consistent powder spreading of round fragments, the ability to reduce porosity and the small surface area contact angle, which together advertise the thickness of printed components and lower issues. With the continual development of 3D printing innovation and material scientific research, the application prospects of spherical tantalum powder will be wider, bringing revolutionary adjustments to the premium manufacturing sector and advertising ingenious innovations in areas varying from medical health and wellness to innovative technology.

Provider of Round 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 carbon fiber petg, please feel free to contact us and send an inquiry.

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