A report on the 3D Printing Powder Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global 3D Printing Powder Market. The historic years considered for the study are 2017-2021, the base year is 2022, and the forecast period is 2023-2028.

The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.

Market Analysis

The 3D Printing Powder Market is anticipated to grow at an impressive CAGR of 27.1%, reaching an annual market size of US$ 5.9 billion in 2028.

The Market is segmented by Material Type (Metal Powder [Steel, Nickel Alloys, Titanium Alloys, Aluminum Alloys, Cobalt Alloys, and Others], Plastic Powder, and Ceramic Powder), by End-Use Industry Type (Aerospace Defense, Medical, Automotive, Energy, and Others), by Region (North America, Europe, Asia-Pacific, and the Rest of the World).

This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on the 3D Printing Powder Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.

Key Segments 3D Printing Powder Market Report Covers:

Based on the material type, the 3D printing powder market is segmented into metal, plastics, and ceramic. Metal is estimated to remain the most dominant material in the coming years. Easy to manufacture complex parts, manufacture precise and highly detailed objects, offers high strength and hardness with very low weight, and less material wastage are key advantages of metal 3D printing. The plastics material category is expected to remain the second largest during the forecast period.

Based on the metal type, the market is segmented into steel, nickel alloys, titanium alloys, aluminum alloys, cobalt alloys, and others. Titanium alloy is estimated to remain the most dominant metal type in the market till 2028. Titanium alloys are preferred for applications that require significant weight saving while maintaining high performance in end-use industries, such as aerospace, medical, automotive, and engineering industries. Aluminum alloys are likely to have the most impressive growth trajectory during the forecast period.

Among the end-use industry type, the market is segmented into aerospace defense, medical, automotive, energy, and others. Medical is expected to remain the largest and fastest-growing end-use industry type in the market during the forecast period. Key applications are surgical implants (e.g., cranial plates or hip joints), external prostheses, dental crowns bridges, and removable partial dentures. Also, used in the manufacturing of pharmaceutical drug formulations for clinical trials (small batches size).

In terms of regions, North America is expected to remain the largest market for 3D printing powder during the forecast period. The USA is the largest 3D printing market with the presence of major hardware, material, and software manufacturers in the country. Asia-Pacific is likely to grow at the fastest pace in the market over the next five years. China, Japan, and India are among the key countries to adopt 3D printing technology in the Asia-Pacific region.

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Key players operating in the 3D Printing Powder market are-

• GKN Powder Metallurgy
• Sandvik AB
• Hoganas AB
• Carpenter Technology Corporation
• ATI
• Arkema
• BASF 3D Printing Solutions GmbH (A BASF SE Company
• EOS

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