The Global Laser Cladding Material for Additive Manufacturing Market was valued at USD 362.8 Million in 2023 and is projected to reach USD 584.2 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period (2023–2028). This robust growth is fueled by the rapid adoption of additive manufacturing (AM) across high-value industries, the demand for high-performance coatings to extend component lifespans, and significant technological advancements in powder metallurgy and laser processing techniques.

As industries from aerospace to energy transition toward more sustainable and efficient manufacturing practices, the focus intensifies on the specialized material providers enabling this revolution. In this blog, we profile the Top 10 Companies in the Laser Cladding Material for Additive Manufacturing Industry—a group of advanced material specialists, powder producers, and surface technology leaders who are defining the future of industrial 3D printing and component repair.

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🔟 1. Oerlikon Metco

Headquarters: Pfäffikon, Switzerland
Key Offering: MetcoClad® Laser Cladding Powders, Metal Powders for AM

Oerlikon Metco is a global leader in surface solutions and advanced materials, offering a comprehensive portfolio of powders specifically engineered for laser cladding and additive manufacturing. Their materials are critical for applications requiring wear resistance, corrosion protection, and thermal barrier coatings in demanding environments.

Innovation Initiatives:

• Development of tailored nickel, cobalt, and iron-based alloy powders.
• R&D focus on reactive materials and functionally graded compositions.
• Partnerships with major OEMs in aerospace, power generation, and oil & gas.

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Laser Cladding Material for Additive Manufacturing Market – View in Detailed Research Report

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9️⃣ 2. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Stainless Steel, Tool Steel, and Low-Alloy Steel Powders

Höganäs AB is one of the world’s largest producers of metal powders, with a strong presence in the AM sector. Their powders are renowned for high purity, consistent particle size distribution, and excellent flowability, making them ideal for precision laser cladding processes.

Innovation Initiatives:

• Investment in gas and water atomization technologies for superior powder quality.
• Expansion of stainless steel and nickel-alloy powder production capacities.
• Sustainability efforts to reduce the carbon footprint of powder manufacturing.

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8️⃣ 3. Praxair S.T. Technology, Inc. (Now part of Linde)

Headquarters: Indianapolis, Indiana, USA
Key Offering: Praxair Cladding Powders, Custom Alloy Development

As part of Linde PLC, Praxair S.T. Technology is a key supplier of high-performance clad and hardface alloys. The company provides specialized powders for repairing and enhancing components in turbomachinery, industrial valves, and extrusion screws.

Innovation Initiatives:

• Expertise in cobalt-based Stellite® and Nickel-based Tribaloy® alloys.
• Development of crack-resistant and low-dilution powders for critical repairs.
• Global technical support and application engineering services.

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7️⃣ 4. Wall Colmonoy Corporation

Headquarters: Madison Heights, Michigan, USA
Key Offering: Colmonoy® Hardface Alloys, Nicrobraz® Powders

Wall Colmonoy is a pioneer in the development of nickel and cobalt-based hardfacing alloys. The company offers a wide range of powders for laser cladding used to combat severe wear, heat, and corrosion in industrial components.

Innovation Initiatives:

• Proprietary alloy formulations for specific wear mechanisms (abrasion, erosion, galling).
• Vertical integration from alloy production to finished powder manufacturing.
• Global network of certified cladding service centers.

Download FREE Sample Report:
Laser Cladding Material for Additive Manufacturing Market – View in Detailed Research Report

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6️⃣ 5. FST (Fusion Surface Technology)

Headquarters: Xi’an, China
Key Offering: Tungsten Carbide, Ceramic Composite Powders

FST specializes in advanced wear-resistant materials, particularly tungsten carbide-based powders for laser cladding. Their products are essential for applications in mining, agriculture, and construction equipment subjected to extreme abrasive conditions.

Innovation Initiatives:

• Development of metal matrix composite (MMC) powders with ceramic reinforcements.
• Focus on powders that enable high-deposition-rate laser cladding.
• Strong market presence in the Asia-Pacific region.

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5️⃣ 6. Sentes-BIR

Headquarters: Bursa, Turkey
Key Offering: Cobalt-Free Alloys, Iron-Based Cladding Powders

Sentes-BIR is a significant player in the European and Middle Eastern markets, known for its cost-effective iron-based and cobalt-free hardfacing alloys. The company caters to industries looking for sustainable and economical alternatives to traditional cobalt-based materials.

Innovation Initiatives:

• Specialization in materials that reduce dependency on critical raw materials like cobalt.
• Tailored powder solutions for the cement and steel manufacturing industries.
• Investment in R&D for high-entropy alloys (HEAs) for AM.

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4️⃣ 7. DURUM Verschleißschutz GmbH

Headquarters: Willich, Germany
Key Offering: DURUMIT® Hardfacing Wires and Powders

DURUM is a German specialist in wear protection, offering a comprehensive range of powders for thermal spraying and laser cladding. Their expertise lies in protecting components in the bulk solids handling, mining, and power generation sectors.

Innovation Initiatives:

• Development of powders for both laser material deposition (LMD) and cold spraying.
• Strong focus on quality control and material traceability.
• Collaboration with research institutes on next-generation wear-resistant materials.

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3️⃣ 8. Kennametal Stellite

Headquarters: Latrobe, Pennsylvania, USA
Key Offering: Stellite® Cobalt Alloys, KenzAlloy® Powders

Kennametal Stellite is a globally recognized brand for its high-performance cobalt, nickel, and iron-based alloys. Their powders are used in laser cladding to protect critical components in the most demanding applications, from aircraft engines to chemical processing plants.

Innovation Initiatives:

• Legacy of innovation in materials science for extreme environments.
• Investment in additive manufacturing powder production facilities.
• Global supply chain and technical service network.

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2️⃣ 9. AMC Powders

Headquarters: Mölndal, Sweden
Key Offering: Spherical Metal Powders for AM, Custom Alloy Blends

AMC Powders specializes in the production of high-quality, spherical metal powders optimized for additive manufacturing processes, including laser cladding. The company serves a diverse clientele in the aerospace, medical, and automotive sectors.

Innovation Initiatives:

• Advanced gas atomization technology for superior powder characteristics.
• Capability to produce small-batch, custom alloy compositions.
• Focus on reactive materials like titanium and aluminum alloys.

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1️⃣ 10. Carpenter Technology Corporation (Carpenter Additive)

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Carpenter Additive Powders, Specialty Alloys

Carpenter Technology, through its Carpenter Additive division, is a leading provider of premium metal powders for the additive manufacturing industry. Their materials are engineered for high-performance applications, particularly in aerospace and healthcare, where material integrity is paramount.

Innovation Initiatives:

• Extensive portfolio of nickel superalloys, titanium, and stainless steels.
• Proprietary powder production processes ensuring low oxygen and nitrogen content.
• Comprehensive powder characterization and testing services.

Get Full Report Here:
Laser Cladding Material for Additive Manufacturing Market – View in Detailed Research Report

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🔬 Outlook: The Future of Laser Cladding Materials Is High-Performance and Digitized

The laser cladding material market is undergoing a fundamental transformation. While conventional alloys continue to dominate in volume, the industry is heavily investing in next-generation materials, digital supply chains, and powders optimized for hybrid manufacturing and functionally graded structures.

📈 Key Trends Shaping the Market:

• Growing demand for cobalt-free and sustainable alloy alternatives.
• Rise of multi-material and functionally graded material (FGM) deposition.
• Integration of AI and machine learning for powder quality control and process optimization.
• Expansion of laser cladding applications in the repair, maintenance, and overhaul (MRO) sector.

Get Full Report Here:
Laser Cladding Material for Additive Manufacturing Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re driving the technological evolution of additive and hybrid manufacturing, making it more robust, efficient, and accessible across global industries.