HOME › Press Releases › 3D PA (Polyamide) Market worth 48.6 Million USD by 2020
3D PA (Polyamide) Market worth 48.6 Million USD by 2020
The report "Polyamide 11 & 12 Market in 3D Printing by Polyamide Type (PA 11, PA 12), End User Industry (Aerospace & Defense, Healthcare, Consumer Goods, Automotive) and Geography (North America, Europe, Asia-Pacific, Rest of World) - Global Forecast to 2020", The 3D PA (polyamide) market consisting of PA11 and PA12 is forecasted based on two scenarios as its growth is primarily based on the adoption of 3D printing technology by end-use industries. Scenario one represents comparatively normal growth whereas scenario two projects exponential growth. Scenario one predicts a comparatively normal growth of USD 48.6 Million by 2020, at a CAGR of 26.59% from 2015 to 2020, whereas scenario two predicts market to reach USD 85.1 Million by 2020, at a CAGR of 41.2% from 2015 to 2020.
Browse 39 market data tables with 57 figures spread through 121 pages and in-depth TOC on "Polyamide 11 & 12 Market in 3D Printing by Polyamide Type (PA 11, PA 12), End User Industry (Aerospace & Defense, Healthcare, Consumer Goods, Automotive) and Geography (North America, Europe, Asia-Pacific, Rest Of World) - Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
This growth is majorly driven by the increasing demand from healthcare as well as aerospace & defense sectors. The growth in automotive market will define the high growth in scenario two where 3D printing technology is expected to be adopted for mass customization in automotive sector. Asia-Pacific is a growing market for PA11 and PA12 owing to the presence of manufacturing base of a large number of companies in this region. North America and Europe are established markets and are expected to dominate with major global players operational in these regions.
Healthcare and aerospace & defense segments to dominate 3D PA (polyamide) market
Healthcare and aerospace & defense are two highly critical segments which demand for stringent product dimensions along with their compositions. Hence, the manufacturing of products demands for precision work. 3D printing by laser sintering technology provides them a perfect solution in manufacturing standards. PA11 and PA12 accounted for the largest share of the thermoplastics used in 3D printing by laser sintering technology.
PA12 is expected to dominate 3D PA (polyamide) market due to large number of grades to meet the different requirements
PA12 is expected to dominate the market due to availability of large number of grades such as fire resistant, impact resistant, glass filled, and others. PA12 has a large supply base which makes it a suitable option to be used as a laser sintering powder in 3D printing. PA11 primarily developed by Arkema SA is expected to register the fastest growth with increasing demand for bio-based versions of polyamides.
The rate of adoption in automotive industry in near future is expected to define 3D PA (polyamide) market
The automotive industry provides high prospects for the growth of 3D PA (polyamide) market. With mass production using techniques such as injection molding, automotive industry is a strategically big market for 3D printing. The demand for 3D printing is expected to rise when the impetus of automotive industry shifts from mass production to mass customization.
North America market is expected to witness high growth, with increasing demand from end-use industries in the region
North America market for 3D PA (polyamide) is expected to register high growth due to increased rate of adoption in end-use industry. Mexico is an emerging market in the region are the key countries in region. North America is also the biggest market for PA11 and PA12 along with Europe. Europe has large number of suppliers of PA11 and PA12. Asia-Pacific is an emerging market for the same.
The key players operational in the market include 3D Systems (U.S.), EOS GmbH (Germany), Arkema SA (France), Evonik AG (Germany), Stratasys (U.S.), and others.
Key strategic activities in the market including mergers & acquisitions, collaborations and partnerships, and new product launches and developments have been covered, which provides a deep insight about the market growth. This report estimates the 3D PA (polyamide) market size in terms of value and volume. It provides a comprehensive review of important drivers, challenges, opportunities, and key issues in the market.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India