Global Spark Plasma Sintering Market - Growth, Trends, and Forecast (2018 - 2023)

   |      |      |  

Global Spark Plasma Sintering Market - Growth, Trends, and Forecast (2018 - 2023)

"The SPS market is expected to register a CAGR of over 6%, during the forecast period 2018 - 2023. The scope of the market covers the systems by various vendors of the market.

There has been a robust growth in the number of nuclear projects across the world, with each country focused on developing their nuclear strength. However, the sector faces a struggle in the production of nuclear energy through materials with consistent mechanical and physical properties. The encapsulation of radioisotope materials, such as Plutonium (IV) oxide and Americium dioxide within tungsten cermets is of particular interest as sources for thermal management and radioisotope power systems. The production of nuclear fuels for fission reactor systems based upon Wu2013UO2 or Wu2013UN cermets, which is also required for increased operational safety and security. The conventional sintering techniques lead to the formation of complete or partial non-cermet regions in the fuel element development However, SPS has been able to increase the density materials at lower temperatures and shorter times than those required in conventional processes. Also, the presence of large grains observed in sintering processes, such as hot iso-static pressing lead to a loss of mechanical properties that are avoided during the SPS process as it minimizes grain growth and it is therefore ideal to be used in materials requiring a top mechanical performance.


Defense Sector to Witness the Fastest Growth Over the Forecast Period

Titanium is the most sort after metal for military applications, used in cutting-edge nuclear submarines, fighter jets, as it offers corrosion resistance that extend the life, as well as for light-weight requirements, like armoured vehicles. However, the metal is ten times more expensive than steel and accounts for a huge production time as well. The emergence of the SPS methods enables the production of titanium powder/particulate in hardly two steps. This method has found a huge expansion of titanium parts and equipment throughout the military. Further, it also enables the creation of custom body armors for soldiers that just involve digitally scanning the soldier, creating a graphite mold via CNC machining, and sintering boron carbide powder into customized plates. With a greater focus on improving military technology and equipment, the armed forces across the world are looking into investing into this technology. For instance, The Defence Science and Technology Laboratory (Dstl) and Kennametal Manufacturing UK Ltd. have partnered to develop full size ceramic armour components for personnel and vehicle protection. The EUR 2 million joint project investment in the Newport, South Wales facility, to establish Spark Plasma Sintering (SPS) Furnace.


Key Developments in the Market

• March 2018 - The 13th conference of the FAST / SPS experts for Powder Metallurgy Committee of VDI, DGM, DKG, FPM and Stahlinstitut VDEh took place at the FCT Systeme GmBH. The conference aims to address industrial and scientific issues in the field of SPS. Another significant aim of the meeting was to initiate R&D projects and other joint projects of universities, research institutes, and industry players

• January 2018 - One of the leading producers of 3D materials, Alcoca Corporation has announced the opening of a USD 60 million metal powder production facility in Pittsburgh. The company aims to use the spark plasma sintering technology to produce industrial volumes of aluminum, nickel and titanium powders for 3D printing customers

Major Players: FUJI ELECTRONIC CO. LTD., DR. FRITSCH, THERMAL TECHNOLOGY LLC, FCT SYSTEME GMBH, MTI CORPORATION, SIMUWU VACUUM FURNACE, COL-INT TECH (COLOMBIA INTERNATIONAL TECH), and SHANGHAI HAOYUE ELECTRIC FURNACE TECHNOLOGY CO., LTD., among others.


Reasons to Purchase this Report

• Current and future SPS outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segments that are expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in excel)


Customization of the Report

• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs"

"1. Introduction
2. Research Methodology
3. Market Insights
3.1 Market Overview
3.2 Porter\u2019s Five Forces Analysis
3.3 Industry Value Chain Analysis
4. Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Advancements in the End-User Markets by use of SPS
5. Technology Snapshot
5.1 Mechanisms, Materials and Technology Developments
5.2 Applications of Spark Plasma Sintering Technique
5.3 Challenges and Opportunities of FAST
5.4 Spark Plasma Sintering vs. Conventional\/Hot Isostatic Press
5.5 Patent Analysis
6. Potential Areas for Spark Plasma Sintering
6.1 Uranium Dioxide Nuclear Fuel Pellets
6.2 Drastic reduction in Sinter time
6.3 Controlled Grain Growth
6.4 Production of Nanophase Structures
6.5 Potential in Thermoelectric Materials
6.6 SPS against Physical and Chemical Vapour deposition
7. Global Spark Plasma Sintering Equipment Market - Segmented by Application
7.1 Aerospace
7.2 Automotive
7.3 Energy
7.4 Healthcare
7.5 Mechanical\/Metallurgical
7.6 Medical
7.7 Others (Building & Construction)
8. Global Spark Plasma Sintering Equipment Market - Segmented by \u2013 Geography
8.1 North America
8.2 Europe
8.3 Asia-Pacific
8.4 Rest of the World
9. Key Vendor Profiles
9.1 Fuji Electronic Co. Ltd.
9.2 Dr Fritsch GmbH & Co KG
9.3 Thermal Technology LLC
9.4 FCT Systeme GmBH
9.5 MTI Corporation
9.6 Shanghai Gehang Vacuum Technology Co., Ltd. (SIMUWU Vacuum
Furnace)
9.7 Col-Int Tech ( Colombia International Tech)
9.8 Shanghai Haoyue Furnace Technology Co.Ltd
9.9 Elenix Inc.
9.10 Toshniwal Instruments
9.11 Laboratory Equipment Pty Ltd (Labec)
9.12 EasyFashion Industry
9.13 SinterLand Inc.
8.14 Henan Synthe Corporation
8.15 Energyn Inc.
*list not exhaustive
10. Key Innovators- Advanced Sintering Techniques in the Market
10.1 Desktop Metal Inc.
10.2 Markforged Inc.
10.3 Formlabs Inc.
10.4 Taulman 3D, LLC
11. Investment Analysis
12. Future of the Market"

Global Spark Plasma Sintering Market - Growth, Trends, and Forecast (2018 - 2023)

.