Share of Refractory Metal AM Application Revenues, by Industry, 2014-2027

Through the next ten years, SmarTech believes that refractory metals will be the fastest growing class of metals in powder-based additive manufacturing markets, exceeding even that of aluminum alloys and other specialty materials, growing at a combined 46 percent compounded annually in terms of the consumption of refractory based materials. At this stage in the market’s development, medical applications are expected to dominate the use of AM to produce refractory metal finished parts, though a wide swath of other potential applications exist which will require dedicated solution development.

Metal 3D Printing Services: Service Revenues, Printer Purchases and Materials Consumption – 2018 to 2027

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Refractory Metal