What is 3D Printing Powder?
The material or substances used in 3D printing machines as product ingredients similar to inks in 2D printers are included in 3D printing powder. These materials can be metals, plastics, ceramics, other food ingredients and many others. 3D printing technique is used in rapid prototyping and additive manufacturing. Thus this market has witnessed a significant growth over the past couple of years and the major part of overall 3D printing market is based on powders more than filaments.
|High Growth Market
|Value (USD Billion)
|Key Companies Profiled
|LPW Technology (United Kingdom), EOS GmbH Electro Optical Systems (Germany), Arkema (France), Erasteel (France), Carpenter Technology (United States), Arcam (United Kingdom), Hoganas AB (Sweden), GKN (United Kingdom), Exone (United States) and Sandvik (Sweden)
The study covers a detailed analysis segmented by key business segments i.e. by type (Metal, Plastic, Ceramic and Others) , by application (Aerospace & Defense, Automotive, Medical & Dental and Others) and major geographies. Research Analyst at AMA predicts that French, United Kingdom and United States Manufacturers will contribute to the maximum growth of Global 3D Printing Powder market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this 3D Printing Powder market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are LPW Technology (United Kingdom), EOS GmbH Electro Optical Systems (Germany), Arkema (France), Erasteel (France), Carpenter Technology (United States), Arcam (United Kingdom), Hoganas AB (Sweden), GKN (United Kingdom), Exone (United States) and Sandvik (Sweden).
Very few number of manufacturers have grabbed almost 60% of the market share. Thus, the 3D printing Powder Market will show market oligopoly. Though, there are number players trying to enter the market which will strengthen the competitive rivalry.
Adoption of 3D printing technique in Orthopedic Implants, Increasing Usage in Automotive Spare Parts Manufacturing, Introduction to 3D Printed Consumer Goods and Customized Manufacturing according to Consumer
Market Growth Drivers:
Rising demand in Aerospace and Defense Industries, 3D printing powder estimates toughness and durability more efficiently, Assists in Weight Reduction of Final Substrate and Provides Cost Effective Solutions and Saves Cost
Use of Plastic Substrates will hamper environmental stability and Lack of availability Of 3D printing Powder across the globe
Higher Initial Investments, Market is Concentrated to European and North American Market and Higher Energy Consumption
Expansion of 3D Printing Industry in Asia Pacific Market, Rising Urbanization Rate across the Globe and Increased Productivity will Enable Manufacturers to Cope Up with the Fueling Demand
Key highlights of the Global 3D Printing Powder market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the 3D Printing Powder market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global 3D Printing Powder market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of 3D Printing Powder Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global 3D Printing Powder market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in 3D Printing Powder market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes 3D Printer and Filament Manufacturers, 3D Printer Distributors and Traders, Automobile Industry, Aerospace Industry, Government and Private Research Organisations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.