Global Copper Additive Manufacturing Market (2021-2026) by Product Type, Manufacturing Techniques, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

The Global Copper Additive Manufacturing Market is estimated to be worth USD 3.6 Billion in 2020 and is expected to reach USD 4.96 Billion by 2025, growing at a CAGR of 6.6%.

Market Dynamics

Copper additives help companies to develop complex shapes and personalized items in a low wasteful manufacturing process. Increasing demand for copper additives in various verticals of the industry is a major factor driving the growth of the companies. The growing R&D investment in technologies and copper additives is likely to create lucrative opportunities for the market. For instance, copper additives coated with 3D printed hybrid material graphene have added value in the electronic and defense industry. The market is expected to boom in the future, owing to the increasing potential of copper additives in the medical, space, and e-mobility sectors.

However, stringent government regulations in additives are anticipated to hinder market growth. Copper is extremely reflective and tends to absorb lasers during additive manufacturing, resulting in low product quality. In addition, the availability of alternative metal additives is further hampering the market revenue.

Market Segmentation

The Global Copper Additive Manufacturing Market is segmented based on Product Type, Manufacturing Techniques, Application, and Geography.

• By Product Type, the market is classified as pure copper and copper alloy. Amongst the two, the copper alloy segment is estimated to hold the highest market share.
• By Manufacturing Technique, the market is classified as powder bed and directed energy deposition and others. Amongst all, the powder bed segment is estimated to hold the highest market share
• By Application, the market is classified as aerospace, automotive, medical, oil & gas, energy and others. Amongst all, the automotive segment is estimated to hold the highest market share.
• By Geography, North America is projected to lead the market.

Recent Developments

1. BEAMIT Group acquired 3T Additive Manufacturing, becoming Europe's most advanced AM service provider. - 12th April 2021
2. Renishaw and nTopology collaboration produce intricate, pure copper structures via RenAM 500S system. - 15th March 2021

Company Profiles

Some of the companies covered in this report Linde, Apworks GmbH, GE Sweden Holdings AB, Lixil Group Corporation, Eramet, Bright Laser Technologies Co., Ltd, Carpenter Technology Corporation, Cerevo Inc., General Electric, etc

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Copper Additive Manufacturing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market