Shapeways Announces MFG Materials Launch
New feature has potential for
Through strategic partnerships and negotiations with top-tier raw materials vendors, Shapeways is providing an average of
"We’re committed to supporting our manufacturers. With the launch of MFG Materials, we’re taking a practical step toward helping them save on raw material costs,” said Greg Rothman, GM of Software for Shapeways. “Depending on the volume, suppliers can realize a sound return on investment by purchasing their raw material inventory through us.”
The industrial global raw materials market is vast and diverse, and plays a vital role as a significant contributor to the US and global economies. Specifically, the global market for industrial raw materials including aluminum, iron/steel, and plastics exhibits strong growth trends:
-
The aluminum market–valued at USD
$169.8B $277.5B -
According to MarketsandMarkets, the iron and steel market size–valued at nearly USD
$1 $1 -
Global plastics–valued at USD
$609B 4.0% from 2023 to 2030, driven by rising plastic consumption in various sectors.
Against this backdrop, Rothman highlights the value proposition of the MFG Materials platform:
"The growth trajectory of the industrial materials market is impressive. This presents immense opportunities, and MFG Materials is designed to help our customers tap into this opportunistic market. We are not only making these markets more accessible, but also enabling significant cost savings through our economies of scale. This boosts competitiveness and profitability for manufacturers, fueling growth in the
MFG Materials is immediately available to all current premium subscribers. With this launch, Shapeways is also introducing a low-cost monthly membership option, which is ideal for manufacturers who only want access to MFG Materials.
For more information about the new MFG Materials initiative, please visit www.mfg.com.
About Shapeways
Shapeways is a global leader in digital manufacturing, combining additive and traditional technologies with proprietary software solutions designed for other manufacturers and their customers, reducing costs, and improving supply chains. Partnering with hundreds of companies engaged in industrial applications like automotive, medical, and transportation, as well as aerospace and defense, Shapeways helps them scale their businesses, solve complex problems in product development, and achieve critical manufacturing milestones.
With access to a dozen additive technologies, six conventional manufacturing methods, and hundreds of materials and finishes, Shapeways ensures production of quality parts with the right technologies, at the right time, and at the right cost.
With ISO 9001-compliant manufacturing facilities in
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Press Relations: press@shapeways.com
Source: Shapeways Holdings, Inc.
