Now Available: 3D Printing Powder Market - Global Forecast to 2020

From: Fast Market Research, Inc.
Published: Mon Jan 18 2016


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

The global 3D printing powder market is projected to reach USD 636.9 million by 2020, at a CAGR of 24.4% from 2015 to 2020. The increasing application of 3D printing in aerospace & defense industry, majorly in the manufacturing of aircraft engines and components as well as the expiry of various technology patents are the major factors that are expected to drive the growth of the 3D printing powder market.

Aerospace & defense segment is projected to contribute highest market share till 2020

Full Report Details at
- http://www.fastmr.com/prod/1098920_3d_printing_powder_global.aspx?afid=301

The aerospace & defense application segment accounted for the largest share of the 3D printing powder. This technology has the ability to bring revolution in the manufacturing industry. 3D printing has also been successively used in bones and dental crowns, cars and buildings, and so on. Factors, such as rapid technological developments in 3D printing, along with the expiry of process patents for powder-based technology are expected to drive the global 3D printing powder market.

North America is expected to be a major market for 3D printing powder till 2020

North America is projected to be a major market for 3D printing powder in 2015. However, the 3D printing powder market is expected to penetrate emerging countries as well, where manufacturing industries are not well developed. The 3D printing powder market in RoW is expected to grow at the highest CAGR between 2015 and 2020, with knowledge transfer taking place between industrial and emerging countries. The growth of the 3D printing powder market in Asia-Pacific is expected to be driven by the increasing presence of manufacturers in this region.

Metal powders segment is projected to account for the highest consumption

The metal powders segment is projected to account for the highest consumption. Powder-based laser sintering technology is one of the affordable technologies, which uses metal powders to produce durable products. As many important patents related to this technology have expired in 2014, it is expected that the powder-based laser sintering technology will be now accessible to various number of manufacturers, thus fueling the demand for powder-based printers in the coming years. The reduction in technology cost is expected to lead to increasing demand from other applications.

BREAKDOWN OF PROFILE OF PRIMARY PARTICIPANTS:

* By Company Type: Tier 1 - 30 %, Tier 2 - 55% and Tier 3 - 15%
* By Designation: C level - 35%, Manager level - 45%, Others - 20%
* By Region: North America - 30%, Europe - 40%, APAC - 20%, RoW - 10%

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Metal Powder Market - Global Forecast to 2020
- Paints & Coatings Market - Global Forecast to 2020
- High Temperature Coatings Market - Global Forecast to 2020
- Green and Bio-Solvents Market - Global Forecast to 2020
- 3D Printing Medical Devices Market - Global Forecast to 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »