3-D metal printing market
to reach $2.86 billion by 2025
Dublin-based Research and Markets has published “3D
Metal Printing Market Analysis By Product (Titanium,
Nickel, Steel, Aluminum), By Application (Aerospace
& Defense, Automotive, Medical & Dental), By Form
(Powder, Filament), By Region, By Country, And Segment Forecasts, 2014 – 2025.” According to the report,
the global 3-D metal printing market is expected to
reach $2.86 billion by 2025.
Metals are the fastest-growing 3-D printing materials
worldwide. The market has witnessed advancements,
both in terms of technologies and materials, to facilitate low-cost mass production of products. The metal
powder segment is expected to grow at a CAGR of more
than 30 percent from 2016 to 2025 with increased technological development in the field of metal printers.
The aerospace and defense sectors dominated the
industry in 2015 with a share of more than 35 percent
and are anticipated to witness significant growth with
more applications in military aircraft, aircraft engine,
commercial aircraft, complex weapon systems, high-volume weapons, and munition components. The
medical sector accounted for a revenue share of more
than 30 percent in 2015 as use of the technology increased in medical implants, medical devices, and surgical equipment, including crowns and bridges, model
castings, and abutments.
Titanium is expected to have rapid growth from 2016
to 2025 because of its superior mechanical properties,
accuracy in production, and early adoption of the product in aerospace and defense and medical industries.
Asia Pacific is anticipated to witness the fastest
growth of more than 30 percent from 2016 to 2025 on
account of rapid industrial development; supportive
government policies; and high R&D investment in China, Japan, and South Korea.
Gerdau Steel Mill celebrates
60th anniversary with groundbreaking
marked its 60th
year in business
ground on an
upgrade to its full-production steel mill in Rancho Cu-camonga, Calif.
The “$22 million investment … will make our Rancho mill one of the greenest in the nation, if not the
world,” said Peter Campo, president of Gerdau Long
Steel North America. The mill, which is California’s
largest metal recycler, employs about 275 steelworkers. Every year the mill diverts more than 440,000
tons of scrap metal from local landfills or from being
sent overseas and recycles it into seismic rebar that
is used to construct new buildings, bridges, and freeways in California.
Mark Olson, vice president and general manager of
the Rancho mill, said the new “pulse jet bag-house”
environmental project will capture 99.9 percent of the
contaminants in the mill’s emissions. Current equipment already captures 99.4 percent of the emissions.
The bag-house project will be completed in 2018 and
follows more than $7 million in other upgrades that the
company has made to the mill in the past five years.
Cajo Technologies supplies
laser marking system to Gerber Gear
Cajo Technologies, New Orleans, has delivered a laser
marking system to Portland, Ore.-based Gerber Gear, a
supplier of personal knives, multitools, and gear.
The system can mark vibrant colors on steel, titanium, and chrome.
Spirit AeroSystems creates
5-axis fabrication center
Spirit AeroSystems, a
the fabrication of complex commercial and military
aircraft parts. Located at the company’s headquarters
in Wichita, Kan., the center includes new 5-axis machines to manufacture complex aluminum and titanium parts.
The $30 million center includes 120 different machine tools. It uses high-speed technology to specialize in large, complex parts for fuselage, pylon, and
Direct Metals installs
wire mesh slitter machine
Steel service center Direct Metals
has installed a
wire mesh slitter
at its Kennesaw,
Ga., facility. The
company provides slitting services for its steel, stainless steel, and coated wire mesh
inventory as part of its fabrication services.
The firm’s inventory includes perforated metal, bar
grating, expanded metal, safety grating, architectural
metals, handrail components, and wire mesh products in carbon steel, stainless steel, aluminum, copper,
brass, bronze, fiberglass, and galvanized metal.