Titanium Powders for Additive Manufacturing Grew by 32 Percent in 2018
Titanium additive manufacturing has been a key sector of the broader metal additive manufacturing market since the late 2000s, and continues to drive a significant portion of the market today. The researcher has completed specific analysis on the facets of titanium additive manufacturing opportunities across markets, technologies, and geographies, and has now made available a new resource for companies with a current stake or potential interest in titanium additive manufacturing solutions and materials.
This market outlook database is the first of a new resource, the leading provider of industry data and market analysis services to the additive manufacturing industry. Purchasers receive a detailed dataset that comprises all of the key titanium additive manufacturing metrics, including powder material shipments and revenues, material pricing estimates, geographic demand data, powder atomization metrics, and hardware opportunities associated with titanium printing, all cut by end user industries, geographies, and specific metal AM print technology group. The database provides titanium AM companies the most diverse resource of market data available specific to their needs, allowing for custom integration into existing models or internal business development tracking programs.
In addition, an accompanying document is also provided to give purchasers context and assumptions behind the data, and the latest trends which are influencing and shaping the associated market forecasts provided in the dataset.
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Executive Summary
This titanium additive manufacturing forecast and market tracking database for titanium additive manufacturing (AM) opportunities shows that shipments of titanium powders to AM users grew by 32 percent in 2018. The new data release also projects that 2019 will produce an additional 24% growth in titanium alloy revenues.
About the Report:
This two-part resource is the first of a new series of market intelligence offerings which provides stakeholders in titanium additive manufacturing an off-the-shelf resource for market metrics and forecasts specific to a high value segment of the industry. The analysis is both broad and deep, with tracked data covering material shipments and revenues by end user industry and geographic region, as well as by consuming print technology and other metrics. The data sets can easily be plugged into existing internal market intelligence resources or dissected to provide business intelligence across organizations. The accompanying report provides context for the data by analyzing the latest events and trends in the titanium powders AM market as they relate to various forecasted data.
From the Report:
The titanium additive manufacturing forecast for 2019 continues to be tied to healthcare and aerospace activities, though an ever-increasing groundswell of interest and adoption of additive manufacturing in other industrial segments (including automotive, energy, consumer goods and heavy equipment) have helped keep plenty of attention on titanium even as other metals have made strides.
To date, there have been two major drivers for adoption of additively manufactured titanium parts. These are in providing a solution for high strength to weight ratio components (which can have further weight optimization through generative designs enabled by additive processes), and in providing resilient biocompatible structures that can perform under the rigors of medical implant applications.
On one hand, there is significantly broader appeal for use of additively manufactured titanium structures to serve lightweighting applications for structural parts in various systems compared to the scope of titanium’s use in healthcare applications. On the other hand, there seems to be great potential on the side of healthcare for major disruption utilizing additive manufacturing where an entire industry shifts to additive production, such as the area of orthopedic implants. This also provides an equally compelling argument for long term opportunities for titanium where such alloys are already very relevant and widely adopted using other means of production.
