BASF Forward AM, a company specializing in 3D printing solutions, is looking back on a successful first half of 2023. According to a press release, Forward AM increased its sales by 39 percent in this period compared to the previous year.
The materials business was particularly dynamic, growing by 51 percent compared to the first half of 2022. Forecasts for the 3D printing industry as a whole are for average annual growth of 19 percent in 2023.
Forward AM sees a strategic focus on working with partners to deliver value to customers through high-quality materials, applications and processes. Together with partners, scalable solutions will be developed to address previously unmet market needs, the company said.
With more than 800 material/machine combinations, Forward AM is a leading independent full-line 3D printing materials and solutions provider, it said. As an independent material provider, it can focus entirely on customer needs, it said.
According to CEO Martin Back, it is the combination of material, application and process that creates customer value. Only by coordinating these factors can scalable and reliable solutions be created. Forward AM attaches great importance to sustainability. Energy costs can be reduced and the environmental balance improved through process optimization.
In the second half of the year, Forward AM plans to push ahead with the introduction of 3D printing in other industries. The company wants to offer customers the best possible added value with a cross-industry approach. The company has expanded its team to scale growth. The goal is to establish 3D printing as a solution for the manufacturing industry.
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