Powdered Material Based 3D Printer Global Market to Reach $1.56 Billion by 2027 at a CAGR of 26.18%

DUBLIN, Dec. 20, 2022 /PRNewswire/ -- The "Powdered Material Based 3D Printer Market - Forecasts from 2022 to 2027" report has been added to  ResearchAndMarkets.com's offering.

Powdered material-based 3D printer market was evaluated at US$307.840 million for the year 2020 and is projected to grow at a CAGR of 26.18% to reach a market size of US$1,567.699 million by the year 2027.

Powder 3D printing is a prevalent method of additive manufacturing. Unlike FDM printers, which can usually only print with thermoplastics, powder-based printers can handle a broad range of materials, including plastic polymers, metals, silica, etc., making them highly versatile. Powder-based printers are known to have high levels of accuracy and can handle complex and smaller prints with ease, making them a lot more predictable. Recent advancements in the powder printing industry, such as the Sinterit Lisa X, which has been termed as the most prominent and fastest compact printer, help in driving the market.

Another release by 6K Additive portrays their new Unimelt powder printing process showing the use of 91% less energy during production. The President of 6K Additive calls it a revolutionary step in developing environment-friendly printers. Because of its robustness, abrasion resistance, and enhanced durability, polyamide powder materials are also expected to develop significantly in the medical device manufacturing industry. However, powder-based prints are less dense than objects manufactured with injection moulding and are prone to shrinking and distortion. Powder-based prints also require a lot of post-processing and refinement since the print that comes out of the printer is usually coarse and rough.

When combined with materials like titanium, 3D printing has the potential to become the medical industry's go-to production technology for life-changing solutions. Dr. Harald Kissel, R&D Manager at Sandvik Additive Manufacturing, says that 'titanium has great characteristics and is one of the few metals accepted by the human body, and 3D printing can swiftly produce solutions for an industry where responding quickly may be the difference between life and death.'

Technological innovations designed for efficiency

Powder-based 3D printing techniques are known for their versatility and economic nature. Due to the advancements in 3D powder printing, the costs of materials have gone down over the years. This has resulted in more efficient printing technology.

Glass is an essential material in a wide range of high-tech applications. Traditional glass shaping procedures are generally time-consuming, energy-intensive, and soon approach their limits for small and complex components. A new technology based on so-called glassomer materials developed by Kotz-Helmer and Rapp at the University of Freiburg's Department of Microsystems Engineering (IMTEK) in collaboration with the University of California at Berkeley in the United States has developed a novel process that can be used to quickly and precisely produce tiny components from transparent glass using micro 3D printing. Glassomer materials are made out of glass powder mixed with a unique plastic binder that allows the glass to be processed like plastic. In only a few minutes, this technique can print glass structures as tiny as 50 micrometres around the thickness of human hair. Components for sensors and microscopes are two examples of possible uses of this technology.

Market Segmentation:

By Material Type

• Titanium
• Aluminum
• Nickel
• Stainless Steel

By Types

• Binder Jet printers
• Powder Bed Fusion printers

By Application

• Aerospace
• Medical
• Energy
• Automotive
• Tooling and Prototyping
• Other End Users

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Europe
• Germany
• France
• UK
• Middle East and Africa
• Saudi Arabia
• UAE
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Global Powdered Material Based 3D Printer Market Analysis, by Material Type

6. Global Powdered Material Based 3D Printer Market Analysis, by Application

7. Global Powdered Material Based 3D Printer Market Analysis, by Types

8. Global Powdered Material Based 3D Printer Market Analysis, by Geography

9. Competitive Environment and Analysis

10. Company Profiles

Companies Mentioned

• Sandvik AB
• CRS Holdings Inc.
• Arcam AB (A subsidiary of General Electric)
• Arkema Group
• LPW Technology Ltd
• ERASTEEL
• EOS Group
• Hoganas AB
• GKN Sinter Metals Engineering GmbH
• Reade International Corp.
• 6K Additive

For more information about this report visit https://www.researchandmarkets.com/r/rb6s35

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SOURCE Research and Markets