Automotive and Medical Industry is Burgeon Demand for the 3D Printing Powder Technologies

3D printing powder market

The 3D Printing Powder Market is valued at US$1.172 billion in 2020, with a CAGR of 12.01% expected to reach US$2.593 billion by 2027.

3D printers have begun to enter the mainstream. Apart from being extremely versatile, the technique has become affordable enough for leisure use. However, filament printing is not the only 3D printing technique available. Powder-based 3D printing precedes plastic filaments for several decades and remains a viable option for many experts and businesses. 3D printing Powder is an additive fabrication method that employs powdered raw materials. In comparison, filament components used in other, more prevalent 3d printing technologies are more expensive. In this case, the powder substance can be either plastic or metal.

Concept Of 3D Printing Powder

The fundamental aspect of 3D printing Powder is enhancing the “binding” of independent powder particles through managed energy emission. This energy source can be a narrow UV light beam, laser, or electron beam. The 3D printing technique used, hardware variables, and powder particle density all play a part in influencing the attributes of the final print. In every other way, powder-based 3D printing is comparable to other 3d printing technologies. The procedure begins with a three-dimensional model of the desired design, which must then be handled by slicer software. This software creates very thin slices of the template that correlate to the layers that the 3D printer will construct one at a time. The 3D printer creates a new layer of especially raw powder with each subsequent level of powder raw material bound together. This procedure is iterated until the entire model is produced. In some cases, post-printing care will be required to achieve the component’s best physical and chemical characteristics.

The Industry Sector Which Are Booming the Demand for the 3D Printing  Powder

3D Printing And Medical Sector -3D printing applications in medical areas are rapidly expanding and are expected to revolutionize health care. Actual and potential medical applications for 3D printing can be divided into several broad categories, such as organ and tissue fabrication, the creation of customized prosthetics, anatomical implants, models, and pharmaceutical research into pharmaceutical dosage forms, delivery, and breakthrough. Many advantages can be gained by 3D printing in drugs, such as customized products and services of medical drugs, cost-effectiveness and equipment; productivity increases; democratization of design and production; and increased collaboration. However, despite current substantial and exciting advances in healthcare involving 3D printing, significant scientific and regulatory challenges remain, and the most transcendent implementations for this innovation will require time to evolve. The powder bed fusion method makes three-dimensional objects of very fine plastic or metal powder pumped onto a platform and carefully leveled. A laser or electron beam is passed across the powder layer, melting whatever it comes into contact with. Melted material merges with the layer beneath it and the powder surrounding it to form a solid. When a layer is finished, the platform is lowered, and another layer of carefully leveled powder is applied on top.

3D Printing and Automotive Sector- Initially, automobile manufacturers used 3D printing to prototype the design and fit different parts quickly. By 2010, automobile manufacturers were dabbling with 3D printing completely operational car parts for use in the production process. Nowadays, 3D printed car parts are extensively used to both resurrect classic cars and develop parts for brand new cars, with many automakers benefiting from the time and money savings compared to traditional. 3D printing was used in Formula 1Cars since 1998, when Renault procured their first 3D printer for designing Formula One car parts. Lightweight parts that trim milliseconds off race times can make a huge difference in a sport of such marginal improvements, so 3D printed racing car panels and fittings have been used for driver customization and effectiveness. Ford Motor Company uses 3D printing to increase the number of car parts available for testing. Compared to traditional methods, this production method saves nearly $500,000 per month of work.

COVID-19 Impact on 3D Printing Powder Market

Many businesses have been severely impacted by the Covid-19 pandemic. It has caused a cessation in production and a lack of means. As a result, the trade cycle is hampered. All of these factors are affecting the 3D printing powder market. In this pandemic situation, the industries that use 3D printing powder, ranging from aerospace to oil and gas to medical, are shut down. As a result, demand for 3D printing powder decreased significantly during the disease outbreak.

Soaring Demand From the Automotive Sector Will Drive the Market Growth for the 3D Powdered Printing Market

Asia-Pacific is anticipated to witness significant growth due to the highly advanced automotive industries in China, Japan, and India. The regions have maintained the momentum to advance medical and avionics technologies over the years. Engine components, aircraft landing gear rotor blades, transition ducts, spray bars, flame holders, liners, carrier rings, and corrosion-resistant elements can be manufactured using 3D printing powder technology. In the coming years, the burgeoning manufacturing and assembly bases for aircraft components in the Asia-Pacific regions are anticipated to provide possibilities for the demand for 3D printed elements and powders. Furthermore, the growth of medical innovation in Asia-Pacific is enormous. The demand for customized implants such as tooth crowns, hearing aids, and orthopedic replacement parts is expected to bolster the growth of 3D powder printing in the medical industry. Development in the aerospace and defense sectors in China, Japan, and India and ramping up construction and building industries in developing nations are anticipated to propel the market for 3D printing powder in the coming years.

Recent Development That Supports the Market for the 3D Powder Printing

  • On May 2022, Desktop Metal, a global leader in additive producing technologies for mass manufacturing, announced DuraChain, a first-of-its-kind commercial classification of photopolymers that deliver innovative material properties through material chemistry procedure Photo Polymerization-induced Phase Separation.
  •  On December 2021, Materialise launched Bluesint PA 12, a 3D printing powder made entirely of re-used powder 2021. The goal of Bluesint PA 12 is to reduce powder wastage in selective laser sintering, which wastes up to 50% of the powder in the bed. 
  • On December 2020, The ExOne Company, the global leader in industrial metal and sand 3D printing based on binder jetting innovation, announced the launch of an all-new metal 3D printing framework as part of a strategic partnership with Rapidia expand the Company’s portfolio and technical abilities.

3D Printing Powder Market Scope:

Report Metric Details
 Market size value in 2020  US$1.172 billion
 Market size value in 2027  US$2.593 billion
 Growth Rate  CAGR of 12.01% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments covered  Powder Type, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Arcam AB, Arkema, BASF SE, Erasteel, Exone GmbH, GKN plc, Hoganas AB, Evonik Industries, Metalysis, Sandvik AB
 Customization scope  Free report customization with purchase