3D Titanium Technology Market By Reports And Data
3D Titanium Technology Market
To Reach USD 4.57 Billion By
2027
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a.com
Market Summary
Increasing demand for Electronic Beam Transfer (EBM)
technology in 3D titanium printing, coupled with high
investments in R&D of 3D titanium technology, are fueling the
market growth.
Market Size – USD 380.9 Million in 2018, Market Growth - CAGR
of 31.7%, Market Trends – Increase in demand for 3D Titanium
Technology in the medical & dental implants.
The Global 3D Titanium Technology Market is forecast to reach
USD 4.57 Billion by 2027, according to a new report by Reports
and Data. Titanium is a transition metal with a unique shiny
silver color and high strength to density. The metal is
exceptionally resistant to corrosion caused by aqua regia,
seawater, and chlorine. The optimum metallurgical properties of
this metal makes it an ideal metal for various industrial
applications. Now, 3D printing has been a widely used additive
manufacturing process of various metals.
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3D titanium technology is being highly preferred in multiple end-use verticals due to the similar strength
like steel with lesser density in titanium, and technological advancements in 3D printing technology. The
continuous expansion of the 3D printed titanium aircraft & marine apparatus, consumer products, artificial
medical & dental implants is expected to drive the demand throughout the forecast period.
North America due to its highest implementation of titanium 3D printing technology in healthcare and
aerospace industries, is dominating the market. Asia Pacific region is forecasted to grow the fastest in the
period 2019 – 2027, owing to high market penetration for the 3D titanium technology, especially in regions
like China and India.
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Key participants include 3D Systems, Carpenter Technology Corporation, Voxeljet AG, EOS GmbH Electro Optical
Systems, Materialise NV, The ExOne Company, Renishaw PLC, General Electric, Stratasys, Ltd., and SI-BONE,
among others.
For the purpose of this report, Reports and Data have segmented the global 3D titanium technology market on
the basis of the form, printing technology, applications, and region:
Printing Technology Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
• Direct Metal Laser Sintering (DMLS)
• Electronic Beam Transfer (EBM)
Applications Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
• Aerospace & Defense
• Automotive & Marine
• Healthcare Industries
• Consumer Products
• Others
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Regional Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
Form Outlook (Revenue: USD Million; Volume: Kilo Tons; 2016-2027)
• Powder
• Liquid
• Filament
View press release for more information @ https://
www.globenewswire.com/news-release/2020/03/09/1997479/0/en/3D-Titanium-Technology-Market-To-Re
ach-USD-4-57-Billion-By-2027-Reports-and-Data.html
About Us
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