DUBLIN, Feb. 26, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/43jmnb/polyamide_11_and) has announced the addition of the "Polyamide 11 & 12 Market in 3D Printing by Polyamide Type (PA 11, PA 12), End User Industry (Aerospace & Defense, Healthcare, Consumer Goods, Automotive) and Geography (North America, Europe, Asia-Pacific, Rest Of World) - Global Forecast to 2020" report to their offering.
PA11 and PA12 market in 3D printing projected to reach USD 48.6 million by scenario one and USD 85.1million by scenario two by 2020.
The PA11 and PA12 market in 3D printing is forecasted based on two scenarios as its growth is primarily based on the adoption of 3D printing technology by end-use industries. Scenario one represents comparatively normal growth whereas scenario two projects exponential growth.
The PA11 and PA12 market in 3D printing is projected to reach USD 48.6 million by 2020, at a CAGR of 26.59% from 2015 to 2020, by scenario one with a comparatively normal growth. By scenario two, the market is expected to reach USD 85.1 million by 2020 at an exponential CAGR of 41.2%. Factors driving the growth in scenario two include rate of adoption in automotive industry. PA 11 and PA12 are particularly used for laser sintering technology in 3D printing.
The increasing usage of 3D printing in healthcare and aerospace & defense sectors for highly customized parts is one of the key factors driving the growth of PA 11 and PA12 market in 3D printing. Availability is another factor that has a positive impact on increased applications for PA12 as several players have well-established supply base across the globe.
Healthcare and aerospace & defense segments are projected to be the largest segments of the market by 2020.
The healthcare and aerospace & defense segments together accounted for a share of more than 50% of the PA11 and PA12 market in 3D printing. This can be attributed to the increased utilization of PA11 and PA12 in laser sintering for specialized body parts in end-use industries. Automotive is another key industry where 3D printing is used for rapid prototyping. Major transition in automotive industry for 3D printing and eventually materials used will occur when this technology will be used for mass customization.
North America market to register high growth in the PA11 and PA12 market in 3D printing by 2020.
- 3D Systems
- Arkema S.A.
- CRP Group
- EOS GmbH
- Evonik Industries AG
- Golden Plastics
- Stratasys, Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Polyamide 11 & 12 Market in 3D Printing, By End User Industry
7 Polyamide 11 & 12 Market in 3D Printing, By Geography
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/43jmnb/polyamide_11_and
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SOURCE Research and Markets