3D Printing Powder Market - Forecast(2022 - 2027)

Report Code: CMR 53262 Report Format: PDF + Excel

3D Printing Powder Market Overview

3D Printing Powder Market size is forecast to reach US$1.7 billion by 2021, after growing at a CAGR of 20.6% during 2022-2027. 3D printing or additive manufacturing is done using the powdered form of the material by the printers. These powdered amorphous materials are used as inks for creating the 3D objects. The process of 3D printing is done by depositing the fine layer of powder and is based on a design cross-section that is selected and put through the laser exposer where the particle melts and sinter together. 3D printing can be done in a variety of ways, but the most common is Fused Deposition Modeling (FDM). Engineers and manufacturers in a variety of industries rely on selective laser sintering (SLS) 3D printing to create sturdy, functional items. A different process is used for 3D powder printing. The growth in the market is due to the increase in the usage of 3D printing powder in various sectors like, automotive, aerospace, defense, healthcare, dental, consumer products and others.

COVID-19 Impact

The coronavirus crisis led to some of the sharpest declines in recent times in demand. The Additive Manufacturing route has filled the immediate supply chain gap by providing substantial design customisation, a quick manufacturing route, eliminating lengthy assembly lines, and ensuring minimal manufacturing lead times, until mass production routes resumed in 2021. With the shutdown of critical facilities and dramatically increased demand, supply chains (SC) have been put to the test. Improved visibility and real-time mapping of supply and demand are becoming more common, which could be vital in satisfying critical supply demand.

Report Coverage

The report: “3D Printing Powder Market - Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D Printing Powder Industry.

By Type of Powder: Metal Powder, Plastic Powder, Ceramic Powder, Glass Powder and Others.
By Process: Laser Sintering, Selective Laser Melting/ Direct Metal Laser Sintering, Electron Beam Melting, Multi Jet Fusion, High Speed Sintering and Others.
By End Use Industry: Aerospace, Defense, Medical & Dental, Automotive, Architecture, Consumer Products and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).

Key Takeaways

  • Asia Pacific dominates the 3D Printing Powder Market owing to rapid increase in medical sector and in several applications in aerospace and automobiles.
  • The market drivers and restraints have been assessed to understand their impact over the forecast period.
  • The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
  • The other key areas of focus include the various applications and end use industry in 3D Printing Powder Market and their specific segmented revenue.

Figure: APAC 3D Printing Powder Market Revenue, 2021-2027 (US$ Billion)

3D Printing Powder Market

For more details on this report - Request for Sample

3D Printing Powder Market Segment Analysis - By Type of Powder

Metal Powder held the largest share of 42% in the 3D Printing Powder Market in 2021. Metal powders are the primary base material for most 3D printing. The metals are reduced into powder form before producing the metallic part. The printing is done layer by layer and the properties of printing are defined by the characteristic of metal powder and process used. Metal Powder enhances certain properties like compressibility, sintering ability, green strength, density, flow ability, surface tension, chemical, mechanical, and thermal properties.

3D Printing Powder Market Segment Analysis - By Process

Selective Laser Melting/ Direct Metal Laser Sintering process held the largest share of 36% in the 3D Printing Powder Market in 2021. In this process there is no requirement of different metal binder and phases. The growth in the process is because it is less time consuming and the elimination of cost treatment for debinding, post sintering and in-filtration. It can produce denser material parts and hence is mostly used in aerospace, defense, automotive and dentistry. Urbanization with a large network of connections has contributed to an increase in demand and material requirements. Many companies are spending a lot in R&D to generate the new cutting-edge processing aids and provide a smarter way for 3D Printing Powder.

3D Printing Powder Market Segment Analysis - By End Use Industry

Aerospace held the largest share in the 3D Printing Powder Market in 2021 and is expected to grow at a CAGR of 22.2% during the forecast period of 2022-2027. The rise in automobile and aerospace industry is due to the use of 3D printing powder in different components like engine, carriers, rotor blades, corrosion resistant components and many others. With the growing aerospace industry and its demand for 3D printing powder particularly in the regions of North America and Europe. The demand of 3D printing powder with different metals, ceramics, plastics and glass powder is expected to see an upsurge. Significant cost and lead-time reductions, novel materials and unique design solutions, mass reduction of components through highly efficient and lightweight designs, and consolidation of multiple components for performance enhancement or risk management, e.g. through internal cooling features in thermally loaded components or by eliminating traditional joining processes, are all fundamental opportunities for metal additive manufacturing in aerospace applications. Medical Industry is also dominating the market especially the dental segment as the use of 3D printing is increasing day to day. The decrease in technological price is leading to the use in several other industries. First-mover advantage in untapped regions and relatively low acquisition costs remain key driving forces in this application market.

3D Printing Powder Market Segment Analysis - Geography

Asia-Pacific (APAC) dominated the 3D Printing Powder Market in the year 2021 with a market share of up to 42%, followed by North America and Europe. APAC is set to continue to be one of the largest and fastest growing automobile markets globally. In APAC, China, India, Korea, and Japan are driving much of the 3D Printing Powder Market. Of the five fastest growing regions in 3D printing powder sector, other than U.S. all are Asian countries including China and India who majorly drive the demand for 3D printing powder on different material in these regions. The rise in the medical sector in these regions is also dominating the market as the countries are developing the medical technologies for different applications like hearing aids, orthopedic, tooth crowning and others. The number of manufacturing units that have illuminated the 3D printing powder’s growth sharply in APAC region because of the spread of 3D printing in the consumer goods market. 

3D Printing Powder Market Drivers

Rise in Demand for 3D printing in different industries and Reduce Supply Chain Cost with Additive Manufacturing

The industrialization has led to the increase in demand for 3D printing powder in various industries for different purposes. The 3D printing powder was earlier used in the higher mechanical strength object like in the aerospace and automobile sectors. The development in the technology has led its way to enter different other industries like medical and healthcare, consumer goods and architectural industries. In Aerospace Industry, shrinking component from 73 components to one, it has a huge ripple effect throughout your entire supply chain. Consider a tighter and enhanced supply chain with a more reliable and constant production level as a result of part reduction. On the front end, a foundry is no longer required to make a metal product that is then transferred to a machine shop to be finished and shipped to its final destination.

3D Printing Powder Market Challenges 

High Cost Associated with the Metal Powder

The cost of making a metal part varies greatly depending on the process employed and the object's complexity. Metal AM raw materials are frequently use in powder form and can be considered expensive, with prices easily exceeding €300 /kg ($342.6/Kg). Furthermore, the Additive Manufacturing (AM) technique necessitates exceptionally high-quality powder with precise particle size and no flaws in general. Continuous research and innovation are required to achieve these standards, which adds to the cost of metal powders used in 3D printing. On the other hand, as more powder providers enter the market, this cost is projected to fall in the coming years.

3D Printing Powder Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the 3D Printing Powder Market. Major players in the 3D Printing Powder Market include:

  1. Arkema
  2. Sandvik AB
  3.  BASF SE
  4.  Evonik Industries
  5. GKN Plc.
  6.  Carpenter Technology Corporation
  7.  and others.

Acquisitions/Technology Launches/ Product Launches

  • In October 2019, Sandvik inaugurated an automated titanium plant and launched titanium powder for 3D printing or additive manufacturing. This is done because of increasing demand for titanium powder for the 3D printing of titanium parts. This will increase the use of titanium in the different industries.

Relevant Reports:

3D Printing Materials Market - Forecast(2021 - 2026)
Report Code: CMR 0001

3D Printing Plastics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2021 - 2026
Report Code: CMR 27880

For more Chemicals and Materials related reports, please click here

1. 3D Printing Powder Market- Market Overview
    1.1 Definitions and Scope
2. 3D Printing Powder Market- Executive Summary
    2.1 Key Trends by Material
    2.2 Key Trends by Product
    2.3 Key Trends by Application
    2.4 Key Trends by End Use Industry
    2.5 Key Trends by Geography
3. 3D Printing Powder Market– Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. 3D Printing Powder Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. 3D Printing Powder Market– Industry Market Entry Scenario PremiumPremium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. 3D Printing Powder Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. 3D Printing Powder Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. 3D Printing Powder Market– By Type of Powder (Market Size -$Million)
    8.1 Metal Powder
    8.2 Plastic Powder
    8.3 Ceramic Powder
    8.4 Glass Powder
    8.5 Others
9. 3D Printing Powder Market– By Process (Market Size -$Million)
    9.1 Laser Sintering
    9.2 Selective Laser Melting/ Direct Metal Laser Sintering
    9.3 Electron Beam Melting
    9.4 Multi Jet Fusion
    9.5 High Speed Sintering
    9.6 Others
10. 3D Printing Powder Market– By End-Use Industry (Market Size -$Million)
    10.1 Aerospace
    10.2 Defense
    10.3 Medical & Dental
    10.4 Automotive
    10.5 Architecture
    10.6 Consumer Products
    10.7 Others
11. 3D Printing Powder Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Peru
        11.4.4 Uruguay
        11.4.5 Paraguay
        11.4.6 Colombia
        11.4.7 Chile
        11.4.8 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of Africa
12. 3D Printing Powder Market– Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. 3D Printing Powder Market–Industry/Segment Competition Landscape Premium
    13.1 Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category- Major companies
14. 3D Printing Powder Market – Key Company List by Country Premium Premium
15. 3D Printing Powder Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Market By Type Market 2019-2024 ($M)
1.1 Metal Market 2019-2024 ($M) - Global Industry Research
1.2 Plastic Market 2019-2024 ($M) - Global Industry Research
1.3 Ceramic Market 2019-2024 ($M) - Global Industry Research
2.Global Market By Type Market 2019-2024 (Volume/Units)
2.1 Metal Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Plastic Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 Ceramic Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Market By Type Market 2019-2024 ($M)
3.1 Metal Market 2019-2024 ($M) - Regional Industry Research
3.2 Plastic Market 2019-2024 ($M) - Regional Industry Research
3.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
4.South America Market By Type Market 2019-2024 ($M)
4.1 Metal Market 2019-2024 ($M) - Regional Industry Research
4.2 Plastic Market 2019-2024 ($M) - Regional Industry Research
4.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
5.Europe Market By Type Market 2019-2024 ($M)
5.1 Metal Market 2019-2024 ($M) - Regional Industry Research
5.2 Plastic Market 2019-2024 ($M) - Regional Industry Research
5.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
6.APAC Market By Type Market 2019-2024 ($M)
6.1 Metal Market 2019-2024 ($M) - Regional Industry Research
6.2 Plastic Market 2019-2024 ($M) - Regional Industry Research
6.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research
7.MENA Market By Type Market 2019-2024 ($M)
7.1 Metal Market 2019-2024 ($M) - Regional Industry Research
7.2 Plastic Market 2019-2024 ($M) - Regional Industry Research
7.3 Ceramic Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US 3d Printing Powder Market Revenue, 2019-2024 ($M)
2.Canada 3d Printing Powder Market Revenue, 2019-2024 ($M)
3.Mexico 3d Printing Powder Market Revenue, 2019-2024 ($M)
4.Brazil 3d Printing Powder Market Revenue, 2019-2024 ($M)
5.Argentina 3d Printing Powder Market Revenue, 2019-2024 ($M)
6.Peru 3d Printing Powder Market Revenue, 2019-2024 ($M)
7.Colombia 3d Printing Powder Market Revenue, 2019-2024 ($M)
8.Chile 3d Printing Powder Market Revenue, 2019-2024 ($M)
9.Rest of South America 3d Printing Powder Market Revenue, 2019-2024 ($M)
10.UK 3d Printing Powder Market Revenue, 2019-2024 ($M)
11.Germany 3d Printing Powder Market Revenue, 2019-2024 ($M)
12.France 3d Printing Powder Market Revenue, 2019-2024 ($M)
13.Italy 3d Printing Powder Market Revenue, 2019-2024 ($M)
14.Spain 3d Printing Powder Market Revenue, 2019-2024 ($M)
15.Rest of Europe 3d Printing Powder Market Revenue, 2019-2024 ($M)
16.China 3d Printing Powder Market Revenue, 2019-2024 ($M)
17.India 3d Printing Powder Market Revenue, 2019-2024 ($M)
18.Japan 3d Printing Powder Market Revenue, 2019-2024 ($M)
19.South Korea 3d Printing Powder Market Revenue, 2019-2024 ($M)
20.South Africa 3d Printing Powder Market Revenue, 2019-2024 ($M)
21.North America 3d Printing Powder By Application
22.South America 3d Printing Powder By Application
23.Europe 3d Printing Powder By Application
24.APAC 3d Printing Powder By Application
25.MENA 3d Printing Powder By Application
26.Sandvik AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Carpenter Technology Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.LPW Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Arcam AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Erasteel, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.EOS GmbH Electro Optical Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Arkema, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Exone GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Hoganas AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.GKN PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)