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Aerospace 3D Printing Materials Market Trends

  • Report ID: GMI4698
  • Published Date: Aug 2024
  • Report Format: PDF

Aerospace 3D Printing Materials Market Trends

Key trends in the market highlight the rising adoption of high-performance metals, particularly titanium and aluminum alloys, prized for their strength-to-weight advantages. According to the U.S. Department of Commerce, the use of these metals in aerospace applications has increased by 15% over the past year. Advanced composite materials, notably carbon-fiber-reinforced polymers, are in increasing demand due to their lightweight characteristics, with a reported 12% rise in usage as per the Federal Aviation Administration (FAA). The market is pivoting towards sustainable and recyclable materials, a shift largely propelled by environmental concerns, with the Environmental Protection Agency (EPA) noting a 10% increase in the adoption of eco-friendly materials. Furthermore, there's an emphasis on crafting materials resilient to extreme temperatures and pressures, especially for space applications. The infusion of artificial intelligence (AI) and machine learning is not only refining material design but also streamlining 3D printing processes, further fueling market innovation.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for aerospace 3D printing materials was valued at USD 270.8 million in 2023 and is projected to expand at over 12.1% CAGR from 2024 to 2032 driven by the demand for lightweight, high-strength components.

The plastic material segment in the aerospace 3D printing materials market is anticipated to reach USD 514.8 million by 2032, due to their lightweight nature and cost-effectiveness.

North America market will record 12.2% CAGR during 2024 and 2032 bolstered by the robust aerospace sector and strides in 3D printing technology.

Stratasys Ltd, 3D Systems, Inc, GE, ExOne, H

Aerospace 3D Printing Materials Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 172
  • Countries covered: 8
  • Pages: 200
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