The report "3D Printing Powder Market by Type (Metal, Plastic, Ceramic), by Application (Aerospace & Defense, Automotive, Medical & Dental, Others), by Geography (North America, Europe, Asia-Pacific, RoW) - Global Forecast to 2020", is expected to reach USD 636.9 Million by 2020, at a CAGR of 24.4% from 2015 to 2020. This market in the Asia-Pacific region is expected to grow at a higher CAGR as compared to other regions.

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Some of the key players operating in the global 3D printing powder market include Sandvik Materials Technology (Sweden), GKN Hoeganaes Corporation (U.S.), Carpenter Technology Corporation (U.S.), LPW Technology Ltd. (U.K.), Arcam AB (Sweden), and Erasteel Kloster AB (Sweden), among others.

Aerospace & defense is the major application in the global 3D printing powder market

The volume of 3D printing powder consumed by the aerospace & defense sector constitute one-third of its total application market. This growth is mainly attributed to the increasing demand of 3D printing powder from airbus manufacturing companies for the production of jet engines and engine components. In addition to this, there is a huge demand of 3D printing powder among varied end-user industries, such as automotive and medical & dental, among others.

Among all powder types, the metal powders segment has dominated the global 3D printing powder market

Metal powders are mostly preferred in engineering and fabrication applications, which require absolute precision and usage of superior material standards. Metal powders are also preferred by the aerospace & defense sector for manufacturing engine components. Moreover, in the automotive industry, these powders are utilized in tooling applications and prototyping; these powders are also utilized in medical & dental applications, such as orthopedic implants and surgeries as well as manufacture of medical devices.

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