Singapore to Strengthen Sustainable National Standards and Certifications to Facilitate Green Business Transformation
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2023-10-11On September 29, 2023, Local companies that use 3D printing for manufacturing now account for 40 per cent of the Asean market, which is expected to grow to US$100 billion (S$136 billion) by 2025.
Minister of State for Trade and Industry Alvin Tan said on Friday (September 29, 2023) that this specialist segment, also known as the additive manufacturing sector, has expanded to around 200 companies, growing by more than 30 per cent from two years ago.
Additive manufacturing can unlock the doors to sustainability, supply chain resilience and innovation, said Mr Tan, adding that there are even more opportunities to develop solutions, as well as attract new companies that will create an impact across other sectors.
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