Global Cobalt Chromium Powder Market 2022-2030

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    GLOBAL COBALT CHROMIUM POWDER MARKET

     

    INTRODUCTION

    A metal alloy made of cobalt and chromium is known as cobalt-chromium (CoCr). Cobalt-chromium powders have been shown by scientists to be resistant to oxidation and corrosive gasses, and they showed no outward signs of tarnish even after being exposed to boiling nitric acid.

     

    Global Cobalt Chromium Powder Market 2022-2030 2

     

     

    Recently, Co-Cr alloy powder has been utilized to make numerous artificial joints, such as hips and knees, dental partial bridge work, gas turbines, and many others because of its great resistance qualities, biocompatibility, high melting points, and extraordinary strength at high temperatures.

     

    Co-Cr alloy powders exhibit remarkable corrosion resistance as a result of the spontaneous development of a protective passive coating made primarily of Cr2O3.

     

    GLOBAL COBALT CHROMIUM POWDER MARKET  SIZE AND FORECAST

     

    The global cobalt chromium powder market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    NEW PRODUCT LAUNCH

    Wallex Cobalt Chromium powders and discs are introduced by Wall Colmonoy for AM dental applications. For the dentistry sector, Wall Colmonoy Limited, Pontardawe, Wales, UK, has introduced a new line of Wallex Cobalt Chromium powders and cast discs.

     

    Due to its biocompatibility, robustness, and wear resistance, Wallex Cobalt Chromium powders for additive manufacturing are reportedly perfect for dental implants, partial dentures, and prosthetics.

     

    CoCrMo, CoCrW, and CoCrMoW are the three major chemistries of cobalt chromium powders offered by Wallex. The powders are reportedly produced in a special alloy processing cell at Wall Colmonoy’s UK facility and have exceptional flowability and are completely spherical.According to the business, the powders are distinguished by their high particle density, lack of nickel, and extremely low oxide concentration. 

     

    The nickel-chromium-cobalt superalloy Amperprint 0233 spherical powder from KBM Advanced Materials is gamma-prime strengthened for use in high temperature applications. Up to 930°C, it exhibits a fair balance of creep strength. To make Amperprint 0233 one of the strongest powders on the market, it underwent a number of processes.

     

    This nickel superalloy was created by vacuum induction melting, argon gas atomization, and gamma-prime strengthening. It has a wide range of applications.

     

    MARKET DYNAMICS

    Within the business division of Sandvik Materials Technology, the company will invest in a new factory for the production of titanium and nickel fine metal powders.

     

    The investment will bolster Sandvik’s position in the quickly expanding markets for metal powder and metal additive manufacturing. It will complement the company’s current powder offering.

     

    Today, Sandvik is the market leader in the creation and distribution of fine metal powders. In Sweden and the UK, alloys based on nickel, cobalt, and stainless steel are produced. Through the Osprey brand, sales are made throughout Europe, North America, and Asia. In the upcoming years, there will likely be a major growth in the need for metal powder for additive manufacturing.

     

    Cobalt Chrome Superalloy, a novel 3D printing substance, has been introduced by Protolabs, a leader in digital prototyping. The UK-based business predicts that the heat-, wear-, and corrosion-resistant material will upend a variety of sectors, notably the oil and gas sector, where tailored cobalt chrome parts were previously unattainable.

     

    “Cobalt Chromium Powder is one of the strongest materials known and can be polished to an extraordinarily smooth surface. The benefit of 3D printing is that it allows us to create any shape we want, whether it’s for odd geometry or to reduce weight.

     

    High corrosion resistance and great biocompatibility make cobalt chrome a popular choice for use in the medical and dentistry industries. Due to its creep resistance, it can function in temperatures of up to 600 C. Additionally, due to its excellent strength-to-weight ratio, it is a great choice for aerospace applications.

     

    The novel substance will be utilized in Protolabs’ direct metal laser sintering procedure, which uses a high-power laser to melt metal alloy powder and bond it into solid layers. Once a 3D shape has been created, the layers are once again powder-coated. The generated parts have an incredibly fine resolution, with millimeter-level feature sizes and wall thicknesses.

     

    Protolabs calls itself the “fastest digital manufacturing company in the world” and claims to be able to build complicated parts in as little as a day using the method.

     

    Due to its great wear resistance, cobalt chromium powder is actually quite difficult to CNC machines. Additionally, when utilizing subtractive manufacturing, the shape and structure of the pieces tend to be constrained. The new cobalt chrome powder may be the best option for businesses wishing to quickly prototype and test a new product for both form and function.

     

    “The production process is quick; after submitting the design into our Protoquotes program, you’ll normally receive a quote back in a couple of hours. The part can be created for shipping in as little as a day after being approved. You can drastically reduce your product development and lead times when you compare this to the numerous days or even weeks that other vendors have stated.

     

    COMPANY PROFILE

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per global cobalt chromium powder market  right now and how will it change in the next 5-6 years?
    2. Average cost to set up a global cobalt chromium powder market  in the US, Europe and China?
    3. How many global cobalt chromium powder markets  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a global cobalt chromium powder market  and key vendor selection criteria
    6. Where is the global cobalt chromium powder market   manufactured? What is the average margin per equipment?
    7. Market share of global cobalt chromium powder market  manufacturers and their upcoming products
    8. The most important planned global cobalt chromium powder market  in next 2 years
    9. Details on network of major global cobalt chromium powder market  and pricing plans
    10. Cost advantage for OEMs who manufacture global cobalt chromium powder market  in-house
    11. 5 key predictions for next 5 years in global cobalt chromium powder market 
    12. Average B-2-B global cobalt chromium powder market  price in all segments
    13. Latest trends in global cobalt chromium powder market , by every market segment
    14. The market size (both volume and value) of the global cobalt chromium powder market  in 2022-2030 and every year in between?
    15. Global production breakup of global cobalt chromium powder market , by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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