What Happened
Aerospace Lightweighting Drives Demand for Additive Manufacturing Materials
The global AlSi12 powder market is poised for significant growth, driven by the increasing demand for lightweight and high-strength materials in aerospace, automotive, and medical applications. According to a report by IndexBox, the market is expected to reach a CAGR of 8.2% by 2035, with Asia-Pacific dominating the market share. The report highlights the growing adoption of additive manufacturing and the need for customized materials, which is driving the demand for AlSi12 powder. This trend is expected to continue, with the market index projected to reach 220 by 2035. The report was published by IndexBox.