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

On June 9, 2024, Protolabs released the 2024 edition of its yearly 3D Printing Trends Report, which provides 3D printing patterns and the future of 3D printing; repainting a favorable picture for the global 3D printing market, highlighting market growth, ecological community maturation, and new technology advancements.


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

The report, based upon essential market information and insights from more than 700 design professionals, mirrors confidence in the additive production market. New micro and big applications and the expanding capacity of 3D printing for end-use component manufacturing range are reported to be driving this trend.

The 3D printing field is stated to be growing 10.5% faster than expected. The marketplace dimension is reported to expand at a compound yearly growth price of 21% to $24.8 billion in 2024 and is anticipated to reach $57.1 billion by the end of 2028.

This 3D printing market valuation is consistent with data from market knowledge firm Wohlers Associates, which predicts the market will certainly be worth $20 billion in 2024.

On top of that, the record specifies that 70% of companies will certainly 3D print more parts in 2023 than in 2022, with 77% of participants citing the medical sector as having the greatest capacity for impact.

“3D printing is now firmly established in the manufacturing market. The market is developing as it becomes a more extensively utilized industrial production process. From design software to computerized production services to enhanced post-processing techniques, this emerging ecological community shows that more and more companies are making use of production-grade 3D printing,” according to the report.

Application of spherical tantalum powder in 3D printing

The application of round tantalum powder in 3D printing has actually opened up a brand-new phase in brand-new materials scientific research, especially in the biomedical, aerospace, electronics and precision equipment markets. In the biomedical field, spherical tantalum powder 3D published orthopedic implants, craniofacial repair service frameworks and cardiovascular stents provide people with more secure and much more personalized therapy choices with their excellent biocompatibility, bone assimilation capacity and rust resistance. In the aerospace and defense market, the high melting point and stability of tantalum materials make it a perfect option for manufacturing high-temperature components and corrosion-resistant parts, making sure the trusted operation of equipment in extreme environments. In the electronics market, spherical tantalum powder is used to manufacture high-performance capacitors and conductive coverings, satisfying the demands of miniaturization and high ability. The advantages of spherical tantalum powder in 3D printing, such as excellent fluidness, high thickness and very easy combination, ensure the precision and mechanical residential properties of printed components. These benefits originate from the uniform powder dispersing of spherical fragments, the ability to reduce porosity and the tiny surface area call angle, which with each other advertise the density of printed components and lower flaws. With the constant advancement of 3D printing modern technology and product science, the application leads of spherical tantalum powder will be more comprehensive, bringing innovative adjustments to the premium production market and advertising innovative advancements in areas ranging from medical wellness to cutting-edge technology.

Distributor 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 3d printing machine, please feel free to contact us and send an inquiry.

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