GLOBAL CAN MAKING ADDITIVES MARKET

INTRODUCTION

 In additive manufacturing, machinery is instructed to deposit material in precise geometric shapes by means of computer-aided design (CAD) software or 3D object scanners. Additive manufacturing, as the name suggests, involves adding material to an object to produce it.

When making an object the traditional way, however, it is frequently required to remove material through milling, machining, carving, shaping, or other methods.

 Despite the fact that "3D printing" and "rapid prototyping" are frequently used to refer to additive manufacturing, each technique is essentially a subset of additive manufacturing.

Contrary to popular belief, additive manufacturing has been practised for quite some time. When used properly, additive manufacturing offers the ideal trinity of enhanced performance, complex shapes, and streamlined production.

GLOBAL CAN MAKING ADDITIVES MARKET SIZE AND FORECAST

The Global Can Making Additives market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

As a pioneer of high-performance materials for 3D printing and a market leader in specialised materials, Arkema continues to advance additive manufacturing and offers cutting-edge, more environmentally friendly new material options for all significant 3D printing technologies.

Arkema provides an integrated line of performance liquid materials for UV-curable 3D printing, including Sartomer specialised resins and additives to fine-tune end formulations, N3xtDimension engineered resins for targeted advanced performance, and custom formulations for customer-specific product development.

Two new high-performance bespoke formulations will be unveiled by Arkema during the show to expand its market-leading UV-curing product line.

In a joint announcement, 3YOURMIND, a developer of on-demand manufacturing software, and Arkema introduce "Easy 3D," an online digital marketplace that connects Arkema customers with vendors who sell Arkema materials.

Engineers who use this platform have access to Arkema's strong material suggestions, which facilitate decision-making and the development of parts applications for on-demand production.

Additionally, the new platform takes advantage of 3YOURMIND's digital know-how by developing a complete network that enables users to order parts using the best additive manufacturing (AM) suppliers, technologies, and materials. 

Replique, a startup that specialises in additive manufacturing, is enabling manufacturers to switch from a physical to a digital inventory and is offering worldwide on-demand access to spare parts.

Arkema is delighted to support such wonderful projects with the appropriate high-performance products, such as bio-based Rilsan® PA11 for industrial durable applications or Kepstan® PEKK.

Layer by layer, with extreme accuracy and very little material waste, additive manufacturing (AM) creates a complexly formed object from data. The use of additive manufacturing techniques has several advantageous environmental benefits in comparison to traditional production methods.

The usage of new and advanced materials, as well as minimal waste of basic materials, are crucial. It seems to focus on a component's output with less energy use, machine emissions, and material waste. Research is required to determine whether additive manufacturing technology and their applications are environmentally sustainable.

Sustainability in AM is gaining popularity as more firms strive to reduce their environmental impact.Visionary business leaders always push their staff to come up with new ways to cut waste, enhance the working conditions in the factory, and develop creative ways to use new materials to become more sustainable. 

These activities have led to an increase in value-added products, services, and components. In order to develop a sustainable production system, additive manufacturing has major advantages, which are discussed in this paper. Twelve key uses of AM for sustainability are identified by the paper as its conclusion.

The advantages of additive manufacturing for sustainability are evident in the existing manufacturing environment, despite the fact that technological dominance and additive manufacturing are being established with key industries.

Finding the advantages of additive manufacturing technologies over traditional production for the environment is the key objective.

This continual need will be satisfied by adding more options and opening up new possibilities through additive manufacturing. The creation of goods that are impossible to manufacture using any other method is the best use of additive manufacturing.

With fewer parts and less waste, AM makes it possible to print unique designs . By using materials that can be customised through printing, AM gets rid of the drawbacks of stiff and unyielding materials.

By using only the material required to make the component, AM reduces waste far more than machining and other subtractive manufacturing processes. Due to a lack of trash, the energy consumption is minimised.

Due to the great level of automation, design freedom, and control offered by 3D printing software, accuracy levels that are feasible with many other technologies are now possible. 

A lot of time is saved when it comes to data transfer because machines handle every aspect of additive manufacturing (AM). It is feasible to speed up prototyping, which therefore speeds up concept testing. The use of fixtures is eliminated, production time is decreased, and a 3D printer can build a whole component without the need for tooling.

A lesser amount of manual interaction is also required because the manufacturing process is largely automated. Less skilled people are employed, and labour expenses are decreased.

To assure part compatibility, the fabrication process parameters for all AM components must be established, followed, and managed. Renewable energy sources can also be produced via additive manufacturing.

COMPANY PROFILE

• BJB Enterprises Inc
• Palmer Holland Inc
• Barentz
• Allan Chemical Corp
• BASF Corporation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Can Making Additives are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Can Making Additives and key vendor selection criteria
3. Where is the Can Making Additives manufactured? What is the average margin per unit?
4. Market share of Global Can Making Additives market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Can Making Additives in-house
6. key predictions for next 5 years in Global Can Making Additives market
7. Average B-2-B Can Making Additives market price in all segments
8. Latest trends in Can Making Additives market, by every market segment
9. The market size (both volume and value) of the Can Making Additives market in 2023-2030 and every year in between?
10. Production breakup of Can Making Additives market, by suppliers and their OEM relationship