Market analysis: Titanium powder in 3D printing is booming – demand set to grow strongly until 2032

According to a new report by Additive Manufacturing Research (AM Research), the market for titanium powder used in additive manufacturing is growing significantly. In 2023, global sales of titanium powders amounted to USD 214 million, but market researchers expect this to rise to USD 1.4 billion by 2032. The report “Titanium Powder for Additive Manufacturing in 2024” provides a detailed analysis of the market and forecasts increasing demand, particularly in key industries such as aerospace and medical technology.

Titanium is a preferred material in additive manufacturing due to its high strength, corrosion resistance and lightness, especially in the production of complex components for aircraft and medical implants. The report shows that the aerospace and medical industries are the largest consumers of titanium powders, although there is also growing demand in other industries, such as the jewelry and automotive sectors.

In terms of technology, powder bed fusion (PBF) dominates the market for titanium in additive manufacturing. PBF currently accounts for the largest share of technology applications, around four times more than Directed Energy Deposition (DED) and twelve times more than Metal Binder Jetting (MBJ). By 2032, MBJ is expected to achieve a larger market share and almost reach the level of DED.

The report also provides a detailed insight into the geographical distribution of demand and the development trends of titanium powders in various industries. Key players in this market include well-known companies such as AP&C, Carpenter and Oerlikon. The comprehensive data provides market participants with important information to identify future opportunities in the field of titanium processing in 3D printing.

This market analysis clearly shows that titanium will play a key role in the further development of additive manufacturing. Industry experts continue to see great potential in this material for complex applications and sustainable growth.