A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global 3D
Printing Powder
Market. The
study, titled “3D
Printing Powder Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
3D Printing Powder Market: Brief Description
3D
printing powder is used in additive manufacturing process where a
three-dimensional component is built up from digital data. Several
materials are used to create a 3D printed object. Successive layers
of 3D printing powder are used under digital control to make a
three-dimensional object. Various materials that are used as 3D
printing powder include stainless steel, tool steel, aluminum alloys,
copper alloys, titanium alloys, diamond catalyst alloys, super alloys
of chromium and nickel, and pure metals such as gold, silver,
platinum, and palladium. 3D printing powder has characteristic
morphology and packing density that ensure good flow and uniformity
in 3D printing. Size and shape of powder differ broadly depending on
the processing technology and end-user requirement. 3D printing
materials are mostly available in spherical shape with particle size
ranging between 50 μm and 150 μm.
Browse
Market Research Report @
Global
3D Printing Powder Market: Major Trends
3D
printing powder is also known as additive manufacturing material or
rapid prototyping material. Several techniques are used to produce 3D
printing powder. These include water atomization, gas atomization,
plasma atomization, and centrifugal atomization. 3D printing powder
has extensive usage in numerous industries such as aerospace &
defense, medical, automotive, and architecture. The aerospace &
defense industry is the major consumer of 3D printing powder.
Aircraft and spacecraft used in commercial and military purposes,
airbus, missiles, engine components, etc., are principal applications
of 3D printing powder in the aerospace industry. Usage of this powder
ensures excellent durability and toughness in products along with
weight reduction. 3D printing powder is used in orthopedic implants
in the medical industry.
They
are used to manufacture standard and custom implants in a
cost-effective manner. They are also implemented in the drug
discovery process. 3D printing powder is used to manufacture dental
crowns, bridges, removable dentures, etc., in the dental industry. On
the other hand, usage of 3D printing powder in the automotive
industry helps design automotive components with excellent mechanical
strength and amended functionalities. 3D printing powder is used in
prototyping and tooling by automotive manufacturers owing to improved
robustness. 3D printing powder is used in architectural components.
It is also consumed in the production of several consumer goods such
as watch, belts, cosmetics, jewelry, and footwear.
Global
3D Printing Powder Market: Regional Outlook
The
global market for 3D printing powder has witnessed significant growth
in the past few years. North America was the largest market for 3D
printing powder in the past few years followed by Europe and Asia
Pacific in 2014. Growth in the aerospace & defense industry
favored the progress of 3D printing powder market in North America.
Developed countries such as the U.S. and Canada generated strong
demand for 3D printing powder in the past few years. Europe also held
substantial share of the global 3D printing powder market in 2014.
However, Asia Pacific is expected to be the fastest-growing market in
the next few years. Potential market growth is anticipated in this
region during the forecast period. Increasing presence of aerospace
and automotive manufacturers in developing countries such as Japan,
China, and South Korea boosts the market growth in this region. Latin
America and Middle East & Africa are also anticipated to be
lucrative markets for 3D printing powder in the next few years.
Rising
demand for lightweight aircraft components with superior
functionality is principally driving demand for 3D printing powder.
Increasing demand for jet engine components propels significant
demand for 3D printing powder. Furthermore, rising demand for medical
implants in the elderly population boosts the 3D printing powder
market. However, lack of awareness and economic barriers are
anticipated to hinder growth in the 3D printing powder market.
Enhanced research and innovation programs are being carried out to
bring in technological development in the 3D printing powder market.
Such initiatives are projected to create emerging opportunities in
the market, enabling accessibility of 3D printing powder to small-
and medium-scale manufacturers.
Get
accurate market forecast and analysis on the 3D Printing Powder
market. Request a sample to stay abreast on the key trends impacting
this market@
Global
3D Printing Powder Market: Companies Mentioned in the Report
Key
manufacturers of 3D printing powder include Arcam AB, Arkema S.A.,
Carpenter Technology Corporation, Erasteel Kloster AB, Metalysis,
Praxair Technology, Inc., and Sandvik AB.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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