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.
According to AMA, the Global 3D Printing Powder market is expected to reach USD2.51 Billion by 2025 growing at a CAGR of 24.0%.
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
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
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
The Manufacturers Covered in the Study 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)
List of players that can be included in the study on immediate basis are 3D Systems (United States), Airwolf 3D (United States) and Desktop Metal (United States).