The report "3D Printing Powder Market by Type (Metal, Plastic, Ceramic), by Application (Aerospace & Defense, Automotive, Medical & Dental, Others), by Geography (North America, Europe, Asia-Pacific, RoW) - Global Forecast to 2020", is expected to reach USD 636.9 Million by 2020, at a CAGR of 24.4% from 2015 to 2020. This market in the Asia-Pacific region is expected to grow at a higher CAGR as compared to other regions.
Browse 53 market data tables and 60 figures spread through 93 pages and in-depth TOC on "3D Printing Powder Market by Type (Metal, Plastic, Ceramic), by Application (Aerospace & Defense, Automotive, Medical & Dental, Others), by Geography (North America, Europe, Asia-Pacific, RoW) - Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
Technological advancements, new product developments, and expiry of key patents for powder-based selective laser sintering are factors influencing the overall demand for 3D printing powder.
Aerospace & defense is the major application in the global 3D printing powder market
The volume of 3D printing powder consumed by the aerospace & defense sector constitute one-third of its total application market. This growth is mainly attributed to the increasing demand of 3D printing powder from airbus manufacturing companies for the production of jet engines and engine components. In addition to this, there is a huge demand of 3D printing powder among varied end-user industries, such as automotive and medical & dental, among others.
Among all powder types, the metal powders segment has dominated the global 3D printing powder market
Metal powders are mostly preferred in engineering and fabrication applications, which require absolute precision and usage of superior material standards. Metal powders are also preferred by the aerospace & defense sector for manufacturing engine components. Moreover, in the automotive industry, these powders are utilized in tooling applications and prototyping; these powders are also utilized in medical & dental applications, such as orthopedic implants and surgeries as well as manufacture of medical devices.
North America is the most dominant region in the global 3D printing powder market
Among all regions, North America is considered as the most prospective region in the global 3D printing powder market. The 3D printing powder market in the Asia-Pacific region remains the second-highest growing market, preceded by the RoW region. Most of the powder manufacturers based in Europe are expanding their footprints in the Asia-Pacific region to tap new opportunities in this market.
Some of the key players operating in the global 3D printing powder market include Sandvik Materials Technology (Sweden), GKN Hoeganaes Corporation (U.S.), Carpenter Technology Corporation (U.S.), LPW Technology Ltd. (U.K.), Arcam AB (Sweden), and Erasteel Kloster AB (Sweden), among others.
The global 3D printing powder market is segmented on the basis of application (aerospace & defense, automotive, medical & dental, and others), type (metal, plastic, ceramic, and others), and region (North America, Asia-Pacific, Europe, and RoW).
The report focuses on current market trends, estimates, and forecast from 2015 to 2020. Key strategic activities in this market, including mergers/acquisitions, collaborations/partnerships, and product launches/developments have also been covered, which provides a deep insight about growth perspectives.
MarketsandMarkets is 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 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
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE