According to The Insight Partners’ Latest Study on “3D Printing Powder Market Forecast to 2028″ Focus on COVID-19 Impact and Global Analysis By Type (Metal, Plastic, Ceramic, Others); Application (Aerospace and Defence, Automotive, Medical, Others) and Geography
3D printing is also known as additive manufacturing. 3D printing powder is specially designed for additive manufacturing. These powders are available in different types, such as metal, plastic, ceramic and others. 3D printing powders are having wide applications in industries such as aerospace, defense, automotive, medical etc.
“Global 3D Printing Powder Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the 3D printing powder market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the 3D printing powder market players and offers key trends and opportunities in the market.
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MARKET SEGMENTATION
- Based on type, the global 3D printing powder market is segmented into metal, plastic, ceramic, and others
- Based on application , the market is bifurcated into aerospace and defence, automotive, medical, and others
MARKET DYNAMICS
Drivers:
- Growing demand from automotive, aerospace & defense industry due to extensive properties of 3D Printing Powder
- Raising investments in research & development of powder-based technology provides opportunity for the market growth.
Restraints:
- Additive manufacturing is not an efficient way of producing a high volume of parts, which may hinder the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 3D printing powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the 3D printing powder in these regions.
IMPACT OF COVID-19 ON 3D PRINTING POWDER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
- Sandvik AB
- CRS Holdings Inc
- GENERAL ELECTRIC
- ERASTEEL
- EOS
- Arkema
- ExOne
- Höganäs AB
- GKN Sinter Metals Engineering GmbH
- SMS group GmbH
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About The Insight Partners:
The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
We offer our clients multiple ways to customize research as per their specific needs and budget.
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