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

DUBLIN, Dec. 03, 2015 — (PRNewswire) —

Research and Markets ( http://www.researchandmarkets.com/research/hm2n8v/3d_printing) has announced the addition of the "3D Printing Powder Market - Global Forecast to 2020" report to their offering.

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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 growth of the market is primarily driven by the expiry of key patents for powder-based additive manufacturing in 2014 and increasing investments in research & development of powder-based technology.

3D printing or additive manufacturing is majorly used in the aerospace & defense industry, which requires high precision and quality products. 3D printing powders offer high compressibility and durability to manufactured products. These products are widely used in the industrial and commercial applications, due to their extensive properties.

The aerospace & defense application segment is expected to contribute to the largest share in 2015. Automotive is expected to be the second-largest segment, followed by the medical and dental segments. With the reduction in technology costs, powder-based 3D printing will become accessible to other industries as well. This will lead to growth in other applications such as printing of consumer durable goods, accessories, and ornaments.

North America is expected to be the largest market for 3D printing powder market in 2015. Europe is one of the global manufacturing and commercial hub for powder metallurgy manufacturers. The manufacturers in this region have made large investment in the expansion of their capacities to meet the varied needs of the 3D printing market in the near future. The market in Row is expected to witness significant growth from 2015 to 2020. The increasing investments from technology startups and government agencies are projected drive the growth of the market in the coming years.

Scope of the Report:

By Type:

  • Metal Powder
  • Plastic Powder
  • Ceramic Powder
  • Other Powders

By Application:

  • Aerospace Defense
  • Automotive
  • Medical Dental
  • Others

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • RoW

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Market, By Application

6 Market, By Type

7 Market, By Geography

8 Competitive Landscape

9 Company Profiles

  • Arcam AB
  • Arkema
  • Carpenter Technology Corporation
  • EOS GmbH Electro Optical Systems
  • Erasteel
  • Exone GmbH
  • GKN PLC
  • Hoganas AB
  • LPW Technology
  • Sandvik AB

For more information visit http://www.researchandmarkets.com/research/hm2n8v/3d_printing

Media Contact: Laura Wood , +353-1-481-1716, Email Contact

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/the-global-3d-printing-powder-market-is-projected-to-reach-usd-6369-million-by-2020-at-a-cagr-of-244-from-2015-to-2020-300187575.html

SOURCE Research and Markets

Contact:
Research and Markets
Web: http://www.researchandmarkets.com




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