Used extensively in additive manufacturing and 3D printing for creating complex, high-strength components in industries like aerospace, automotive, and medical devices. Its corrosion resistance makes it ideal for parts exposed to harsh environments, such as marine or chemical processing equipment. Also employed in powder metallurgy to produce durable, wear-resistant parts like gears, bearings, and valves. In the construction sector, it is utilized for fabricating structural elements requiring both strength and longevity. Additionally, it serves as a feedstock for thermal spray coatings to enhance surface properties of components subjected to extreme conditions.