Chan Ye Xin Xi Wang·2025-12-24 01:05Core Insights - The metal-based 3D printing materials industry is experiencing significant growth, with the domestic market expected to reach approximately 5 billion yuan in 2024, entering a phase of large-scale production [1][10] - The industry ecosystem is characterized by clear upstream, midstream, and downstream divisions, with upstream relying on mineral resources and equipment supply, midstream focusing on the production of various metal powders, and downstream catering to diverse fields such as aerospace, medical, and automotive [1][7] Industry Overview - Metal-based 3D printing materials are essential for additive manufacturing, primarily in the form of metal powders, which must meet specific requirements for particle size and flowability to ensure high-performance final products [2][3] - The industry can be categorized into three main types of materials: common alloys (e.g., titanium alloys, stainless steel), special metals (e.g., refractory metals, high-entropy alloys), and remanufacturing materials (e.g., nickel-based alloys) [3][5] Market Growth - The global 3D printing market is projected to reach $21.9 billion by 2024, with a year-on-year growth of 9.31%, and a compound annual growth rate (CAGR) of 14.34% from 2018 to 2024 [7][8] - The Chinese 3D printing market is expected to grow to 42.3 billion yuan in 2024, with a year-on-year increase of 15.26%, significantly outpacing global growth [8][10] Competitive Landscape - The industry features a competitive landscape with leading companies like PLT (铂力特) and AVIC (中航迈特) at the forefront, alongside specialized firms focusing on niche materials [11][12] - The competition has evolved from equipment-based to an integrated ecosystem where "materials-processes-applications" are deeply intertwined, emphasizing the need for comprehensive solutions tailored to specific applications [11][12] Development Trends - The future of the metal-based 3D printing materials industry will focus on the integration of design, materials, and processes, leveraging AI for intelligent optimization and targeted development of high-performance materials [12][13] - Application scenarios are expanding from small-batch custom manufacturing in aerospace and medical fields to large-scale production in consumer electronics and new energy vehicles, driven by significant improvements in printing efficiency [14][15] - The industry chain will evolve towards "self-controllable" and "efficient collaboration," emphasizing domestic production of key materials and the establishment of intelligent recycling systems [15]