3D Printing Powder Market shall grow impressively at a CAGR of 17.96% in the coming years. Fuelled by expanding embrace of 3D printing technology, ongoing advancements in powder materials, and a surge in demand for tailor-made products
31 Jul, 2023

Renub Research has recently published a report named "3D Printing Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," providing a detailed industry analysis that consists of market share insights. Furthermore, the report studies competitors and regions and the recent 3D Printing Powder Market growth. The 3D Printing Powder Market size will reach US$ 5.01 Billion by 2028. 3D printing powder is the raw material used in powder bed fusion 3D printing technologies like selective laser sintering (SLS) and binder jetting (BJT). It is fused layer by layer to create three-dimensional objects. Different 3D printing powders, such as metal, ceramic, and polymer powders, can produce things with specific properties. Therefore, the 3D printing powder's characteristics directly impact the final product's properties.

3D printing powder offers precise printing capabilities, making it ideal for intricate and complex designs. Moreover, it is a cost-effective solution, particularly for small-scale production, as it eliminates the need for expensive tooling and molds. Industries such as healthcare and aerospace benefit from the customization potential of 3D printing powder, enabling the creation of products that meet specific requirements. Recycling 3D printing powder contributes to sustainability efforts by reducing waste in the manufacturing process.

The surging adoption of 3D printing technology in diverse industries has created a demand for high-quality materials, including powders. Continuous advancements in 3D printing powder materials have enhanced their properties, expanding their suitability for various applications. In addition, the increasing desire for personalized products has fuelled the demand for 3D printing powder, enabling the production of intricate and unique designs. The recyclability of 3D printing powder plays a vital role in waste reduction and sustainability, which has become a crucial consideration for many companies.

Report Details:

Metal 3D printing powder commands a substantial portion of the market

The metal 3D printing powder market is experiencing significant growth, primarily fuelled by the increasing demand for metal parts in the aerospace, automotive, and healthcare industries. Advancements in 3D printing technology have produced metal parts with superior properties, including enhanced strength and durability. In addition, the ability to customize these parts using metal 3D printing powder further drives its adoption across various industries. Metal 3D printing powder offers cost-effective and environmentally friendly advantages, as it minimizes waste and allows excess powder reuse.

Product type - Market breakup from 4 Viewpoints:

1.    Plastic
2.    Metal
3.    Ceramic
4.    Others

Utilization of 3D printing powder in architecture is because of its capability to produce customized parts and components

The architectural utilization of 3D printing powder is increasing because it brings intricate and complex designs to life, which would be difficult or unfeasible with traditional construction methods. Using 3D printing powder allows the creation of tailored parts and components, providing enhanced design flexibility and opportunities for customization. Adopting 3D printing powder in architecture also promotes sustainable construction practices by reducing waste and optimizing material usage. Ongoing advancements in materials, including the emergence of high-performance and durable options, stimulate innovation and fuel the expansion of the architectural 3D printing powder market.

End-User - Market breakup from 5 Viewpoints:

1.    Automotive
2.    Aerospace and Defence
3.    Medical
4.    Architecture
5.    Other end-user industries

Asia-Pacific region predominantly leads the 3D printing powder market

The Asia-Pacific region has appeared as a dominant force in the 3D printing powder market, driven by its vital manufacturing industries, such as automotive, aerospace, and healthcare, which are significant consumers of 3D printing powder. The region's emphasis on innovation and technology adoption, supported by government incentives, further propels the industry's growth. The availability of cost-effective 3D printing powder and the presence of significant market players contribute to the region's prominence and dominance.

Region - Market breakup from 5 Viewpoints:

1.    North America
2.    Europe
3.    Latin America
4.    Asia-Pacific
5.    Middle East and Africa

Competitive Landscape.

Prominent 3D printing powder market players include Sandvik AB, Carpenter Technology, 3D Systems, Renishaw plc., Voxelijet AG, Stratasys Ltd., Arkema SA, and Evonik Industries.

Company have been covered from 3 Viewpoints:

•    Overview
•    Recent Developments
•    Revenue

Company Analysis:

1.    High Liner Foods Inc.
2.    Sandvik AB
3.    Carpenter Technology
4.    3D Systems
5.    Renishaw plc.
6.    Voxelijet AG
7.    Stratasys Ltd.
8.    Arkema SA
9.    Evonik Industries.

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