Aluminium Alloy in Additive Manufacturing Market Overview:
The Global Aluminium Alloy in Additive Manufacturing Market was valued at USD 4,490.23 million in 2021 and is expected to rise with a CAGR of 7.0% from 2022 to 2028 during the forecast period. Detailed analysis and research with respect to values, statistics, and drivers, restraints, and opportunities are accurate for the buyers to decide their goals and objectives. Every driving is elaborated with proper research and statistics from various major economies. The report is not only limited to the driving factors, opportunities, and challenges, but also comprise past scenario and consumer behavior, ongoing trends, and the future insights so that the companies can decide their production volume and reduce wastage.
Market Definition:
Aluminum alloy in additive manufacturing refers to the process of using aluminum alloys in 3D printing or additive manufacturing. Aluminum alloys are a group of alloys that are primarily composed of aluminum as the base metal along with other elements like copper, magnesium, and silicon. These alloys possess excellent mechanical and physical properties, making them ideal for use in various industries such as aerospace, automotive, and engineering.
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Market Competitors:
Some of the Key Players that are Profiled in this Reports:
- EOS
- GE Additive
- AMC Powders
- Henan Yuanyang Powder Technology Co., LTD
- New Materials Development GmbH
- GKN Sinter Metals Engineering GmbH
- Metalysis
- Hoganas AB
Market Segmentation:
By Type
AL2XXX, AL5XXX, AL6XXX, AL7XXX, Others
By Manufacturing Method
Powder Bed Fusion, Directed Energy Deposition, Binder Jetting, Others
By End-Users
Aerospace, Automotive, AM Services, Health Care, Others
By Geography
- North America– (U.S., Canada, Mexico)
- Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
- Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
- Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
- The Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
Competitive Analysis:
The Aluminium Alloy in Additive Manufacturing Market Size is segmented on the basis of product, application, end user, and geography. Moreover, the industry players profiled in the report are increasingly adopting various growth strategies to create niche market in the industry, increase their sales, and ultimately expand their global reach. The market is majorly dominated in geographies like North America, Europe, Latin America, Asia Pacific, and Middle East Africa.
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