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3D Printing Powder Market Production, Revenue, Industry Analysis & Forecast By 2025

03-05-2018 09:45 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research Reports

/ PR Agency: Transparency Market Research Reports
3D Printing Powder Market Production, Revenue, Industry

The vendor landscape of the global 3D printing powder market is being rapidly populated by a number of companies that traditionally manufacture powders for conventional industrial processes such as hot iso-static pressing (HIP), metal injection molding (MIM), and powder sintering (PS), observes Transparency Market Research in a recent report. With the rising set of applications for 3D-printed products and a lack of large players across the globe, the global 3D printing powders market is expected to emerge as a lucrative growth opportunity for local players and start-up companies.

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https://www.transparencymarketresearch.com/3d-printing-powder-market.html

With proactive investment and geographical expansion strategies, companies operating in the field of 3D printing powders can benefit from the scope of capturing opportunities in lucrative local and regional markets during the forecast period. Some of the leading companies in the market are Arcam AB, Advanced Powders and Coatings Inc., GKN plc, Carpenter Technology Corporation, Hoganas AB, Arkema, LPW Technology Ltd., Sandvik AB, Ltd., and Metalysis.

According to the report, the global 3D printing powder market, which valued at US$313.7 mn in 2016, is estimated to rise to a revenue opportunity of US$1,558.9 mn by 2025, registering an impressive CAGR of 20.3% between 2017 and 2025.

Geographically, the market for 3D printing powder in North America accounted for the dominant revenue share of over 38% of the global market in 2017. The regional market also shows immense potential in terms of future development and revenue opportunity over the report’s forecast period. The region is considered a developed market owing to the presence of well-established infrastructure, technological superiority, and recovering economy, which enable 3D printing powder manufacturers to easily establish their presence in their respective local markets in these regions.

The massive rise in uptake of additive printing technologies for manufacturing products that have a vast set of uses spanning a number of industries in the past few years is one of the chief factors attributable to the healthy growth prospects that the global 3D printing powder market showcases. 3D-printed products are being increasingly used in industries such as defense, healthcare, medicine, energy, consumer goods, electronics, aerospace, and automotive. Steady expansion of these industries and greater strides achieved in the area of 3D printing - in terms of the finish, reliability, and qualitative value of the end-product possible with available machines and materials - are also faring well for the global 3D printing powder market.

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https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14501

Increased global uptake of 3D-printed products is acting as a massive encouragement for companies operating in the 3D printing powder market. Increased focus of companies on research and development activities with the view of introducing innovative, qualitatively advanced, and distinctive product varieties suiting the requirements of specific applications are also helping the market advance at a promising pace.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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