Us Stainless Steel Powder for Additive Manufacturing Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Stainless Steel Powder for Additive Manufacturing Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 15.7% from 2024 to 2030.
US Stainless Steel Powder for Additive Manufacturing Market is set to grow significantly, driven by technological advancements and increased demand for high-performance materials in industries such as aerospace, automotive, and medical device manufacturing. Stainless steel powder plays a crucial role in additive manufacturing (AM), commonly known as 3D printing, due to its excellent mechanical properties, corrosion resistance, and versatility in producing complex parts.
As of 2023, the US stainless steel powder market is witnessing a steady rise, with manufacturers increasingly turning to AM to achieve intricate designs and improve material efficiency. Stainless steel, being cost-effective and readily available, makes it a preferred choice for industries looking for high-quality, lightweight, and durable components. For instance, in aerospace, where the demand for lighter and more fuel-efficient parts is growing, stainless steel powder is becoming essential.
The US market for stainless steel powder is characterized by a surge in the adoption of metal 3D printing technologies. These advancements allow for quicker prototyping, cost savings in production, and enhanced design flexibility. Furthermore, the increase in demand for additive manufacturing in the medical field is driving this market as stainless steel powder is used in implants, surgical instruments, and customized prosthetics. The precision and biocompatibility of stainless steel make it a prime material for these applications.
Notably, the market is also expanding with the development of new powder compositions and blends, designed to further enhance the performance of parts produced through additive manufacturing. Manufacturers are focusing on improving powder quality and consistency to ensure optimal outcomes in various applications.
As we look ahead, the adoption of stainless steel powder in additive manufacturing will continue to be bolstered by innovations in 3D printing technology and growing demand across key industries. The market is poised to witness exponential growth, similar to other advanced manufacturing sectors such as the 100 Gigabit Fiber Optic Transceiver Market, highlighting the need for high-performance materials in modern manufacturing.
Get an In-Depth Research Analysis of the Global Stainless Steel Powder for Additive Manufacturing Market Size And Forecast [2025-2032]
Höganäs
Sandvik
Daido Steel
AMETEK
Yitong New Material
GKN Powder Metallurgy
CNPC Powder Material
VDM Metals
Sakuma Special Steel Co.
Ltd
Haining Feida
Rio Tinto Metal Powders
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Stainless Steel Powder for Additive Manufacturing Market
Austenitic Stainless Steel Powder
Ferritic Stainless Steel Powder
Martensitic Stainless Steel Powder
Duplex Stainless Steel Powder
Fine Powder (less than 50 microns)
Medium Powder (50-100 microns)
Coarse Powder (100-200 microns)
Gas Atomization
Water Atomization
Mechanical Alloying
Aerospace
Automotive
Medical Devices
Consumer Electronics
Industrial Machinery
3D Printing
Direct Energy Deposition
Selective Laser Sintering (SLS)
Binder Jetting
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Stainless Steel Powder for Additive Manufacturing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Stainless Steel Powder for Additive Manufacturing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Stainless Steel Powder for Additive Manufacturing Market, By Type
6. Global Stainless Steel Powder for Additive Manufacturing Market, By Application
7. Global Stainless Steel Powder for Additive Manufacturing Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Stainless Steel Powder for Additive Manufacturing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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