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Dental Alloys Market Expected to Reach $3.1 Billion by 2031—Allied Market Research

 
2022
Dental Alloys Market

Report Code : A17437

quote Use of palladium in dentistry application is growing and is widely used over gold for casting dental alloys. However, owing to recent studies on biological effects of palladium, the use of palladium in dental alloys is foreseen to hamper. Solubility and mechanical properties of palladium make it viable to be used for fabrication of dental alloys. In addition, palladium offers high tarnish/corrosion resistance and biocompatibility making it ideal to be used for dental restorative applications. Silver-based dental alloys are used for temporary and permanent tooth restoration application. In addition, it can also be used in dentistry applications such as dental instruments, burs that are used for tooth modifications, and to guide tooth movement. Flexibility of silver make it viable to be used for manufacturing of orthodontic wire. In addition, high flexibility and low modulus strength of silver makes it widely adopted for production of dental alloys. Flexibility and deforming characterist quote

Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Dental Alloys Market," The dental alloys market size was valued at $1.9 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 4.9% from 2022 to 2031.

Alloy is a combination of metals and other chemical elements. Dental alloys are custom precision-cast for restoration of missing tooth structure.

Cobalt-based dental alloys are well known metal alloys in dental application. Removable partial denture (RPD) frameworks application widely uses cobalt-based alloys. Cobalt-based alloys have high modulus strength, heat resistance, and non-magnetic properties that make them suitable to be used in dental applications. Lightweight and bio-compatibility is extremely important for metal substructures that are used in dental restorative application. Biocompatibility and light weight property of cobalt makes it suitable to be used for alloy production in dental end-use industry, which is the key market trend.

In addition, use of cobalt in dental application is regulated and approved under European Chemicals Regulation REACH (Registration, Evaluation, Authorization of Chemicals) drives the demand for dental alloys. Cobalt alloys such as cobalt-chromium offers high corrosion resistance making it suitable for production of dental restoration devices, metal crowns, and dental metal bridges. 

In addition, cobalt alloys can also be used for production of denture frameworks and dental implant abutments drives the demand for dental alloys. Cobalt-alloys manufactured through additive manufacturing technology are proven to offer improved microstructure and physic mechanical properties, thus making it viable to be used in dental implant application. All these factors notably contribute toward growth of the global market. However, amalgam based dental alloys have minimal tensile strength that in turn results in fracture of restorative dental implants hampers the market growth.

Silver-based dental alloys are used for temporary and permanent tooth restoration application. In addition, it can be used in dentistry applications such as dental instruments, burs that are used for tooth modifications, and to guide tooth movement. Flexibility of silver makes it viable to be used for manufacturing of orthodontic wire. In addition, high flexibility and low modulus strength of silver make it widely adopted for production of dental alloys. Flexibility and deforming characteristics of silver can be easily modified that in turn makes it widely adopted during dental restoration application. In addition, silver-based alloys are compatible with long-term, direct, and indirect dental restorative applications. All these factors have escalated the demand for dental alloys. Dental prosthesis is a dental device that is used to replace missing tooth or tooth coverings. Silver-based alloys are mainly used in dental prosthesis application owing to low cost and biocompatibility. All these factors are anticipated to offer new growth opportunities during the forecast period.

The dental alloys market analysis is done on the basis of alloy type, application, and region. By alloy type, the market is segregated into gold-based, palladium-based, silver-based, cobalt-based, nickel-based, and others. The gold-based segment dominated the global market in terms of revenue in 2021, with over 26% of the total share. Tooth restoration is mainly done with help of porcelain veneered copings. Moreover, dental crowns and bridgework dentistry application is carried with help of porcelain veneered copings and electroformed gold. Majority of dentistry crowns are made up of 65 - 75% gold, thus making it largely adopted alloy for inlays and onlays cavity applications. Inlays, onlays, and partial dental crowns need to offer high marginal fit and durability for long time. Gold alloys are largely preferred for production of dental crowns and other cavity lay products owing to its malleability and ductility.

By application, the global dental alloys market is categorized into dental restoration and dental implants. The dental implants application dominated the global market in terms of revenue in 2021, with over 42% of the total share. Selection and usage of appropriate base metal or alloy is crucial for ensuring longevity of dental implants. In addition, alloys used in dental implants need to be bio-compatible. Titanium-based metal used for production of dental alloys are bio-compatible making it widely adopted alloy in dental implants. In addition, in order to replace broken tooth and missing tooth structure, several dental implants are being used. Growth in demand for dental implants is anticipated to drive the demand for dental alloys intended to be used for dental implant application. The quality of dental implants is utmost important and key-players in the dental implant market have adopted new production technologies. This factor is further anticipated to offer new growth opportunities for dental alloys market.

Region-wise, the dental alloys market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific dental alloys market is projected to grow at the highest CAGR during the forecast period and accounted for 31% of dental alloys market share. The dental industry in India is growing owing to presence of large number of dental laboratories, dental institutes, and growing dental healthcare awareness among people. This in turn has escalated the demand and use of dental alloys thereby driving the demand for dental alloys. In addition, the demand for dental tourism is also growing that is further anticipated to drive the growth of dental alloys market across Asia-Pacific.

Key players operating in the global dental alloys market include Alba Dent Inc., Argen Corporation, Aurident Inc., 88Dent, Dentsply Sirona, Heraeus Holding, Ivoclar Vivadent, Jensen Dental, Kennametal Inc., Kerr Corporation, Kulzer GmbH, Kuraray Europe GmbH, Sterngold Dental LLC, Success Dental Co., and Yamamoto Precious Metal Co. Ltd. The global dental alloys industry report provides in-depth competitive analysis as well as profiles of these major players

Key findings of the study:

  • The nickel-based segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.7% from 2022 to 2031.
  • The dental implants application segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 4.3% from 2022 to 2031.
  • Europe garnered the highest share of 33% in 2021, in terms of revenue, growing at a CAGR of 4.6%.

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quote Dental Alloys Market by Alloy Type (Gold-based, Palladium-based, Silver-based, Cobalt-based, Nickel-based, Others), by Application (Dental Restoration, Dental Implants, Partial Dentures and Bridgework, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

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