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Metals Market Data: Q4 & Annual 2021

Published on Apr 05, 2022 Category Tag

New York, NY: The fourth quarter of 2021 capped a strong year for additive manufacturing markets, according to SmarTech Analysis. The growth rate for all additive hardware, materials, software and outsourced services is estimated to be 18 percent (to $10.6B) for 2021 compared to the same period in 2020. Specific to Metals, the market grew 16 percent, to $3.9B. Specific to Polymers, the market grew 13 percent, to $5.8B. Software is believed to have grown significantly from 2020 to account for the remainder and worth nearly $900M in 2021.