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Published Date: 2017-10-24Number of Pages: 382

Metal Powders for Additive Manufacturing Market (Manufacturing Technique- Powder Bed (Direct Metal Laser Sintering, Selective Laser Melting, and Electron Beam Melting) and Blown Powder (Direct Metal Deposition and Laser Engineering Net Shapes); Material Type - Alloy (Titanium, Cobalt, Copper, Nickel, and Aluminum), Stainless Steel (Austenitic Steel, Martensitic Steel, Duplex Steel, and Ferritic Steel), and Other Steel (High Speed Steel, Tool Steel, and Low Alloy Steel); Application - 3D Printing, Rapid Prototyping, and Direct Digital Manufacturing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025

Global Metal Powders for Additive Manufacturing Market: Snapshot

The future of the global metal powders for additive manufacturing market is prosperous, thanks to the increasing demand for metal powders from a range of end-use industries such as aerospace and automotive. Manufacturers of metal powders are striving to form strategic alliances with original equipment manufacturers (OEMs) of several end-use industries in order to improve the quality, consistency, and performance of powders.

Further, advances in additive manufacturing technology and increasing demand for advanced materials such as titanium are anticipated to boost the metal powders for additive manufacturing market.

Proving to challenge the market’s growth is high cost of metal powders, as cost of metal powders used in additive manufacturing is higher than the cost of their raw materials. Nevertheless, increasing demand for additive manufacturing technology due to its advantage of unrivalled design freedom is expected to bode well for the metal powders in additive manufacturing market.

A report by Transparency Market Research forecasts the global metal powders for additive manufacturing to expand at a robust 22.4% CAGR over the forecast period of 2017 to 2025. At this pace, the market’s valuation of US$310.6 mn in 2016 will rise substantially to become US$1,783.9 mn by 2025-end.

Global Metal Powders for Additive Manufacturing Market

3D Printing to Continue to Remain Significant Application Segment through 2025

The report studies the global metal powders for additive manufacturing market on the basis of four categories, viz. manufacturing technique, application, material type, and region. Depending upon manufacturing technique, the segments into which the metal powders for additive manufacturing market is divided are powder bed, blown powder, and others. The powder bed segment is further split into Direct Metal Laser Sintering, Selective Laser Melting, and Electron Beam Melting. The blow powder segment is bifurcated into Direct Metal Deposition and Laser Engineering Net Shapes. Of them, powder bed held the leading market share in 2016.

On the basis of material type, the metal powders for additive manufacturing market has been segregated into alloy, stainless steel, other steel, and others. The stainless steel segment is further bifurcated into austenitic steel, martensitic steel, duplex steel, and ferritic steel. The alloy segment is further sub-segmented into titanium, cobalt, copper, nickel, and aluminum. The other steel segment comprises high speed steel, tool steel, and low alloy steel. Vis-à-vis revenue, the alloy segment held the leading more than 70% of the market in 2016.

By application, 3D Printing, Rapid Prototyping, and Direct Digital Manufacturers are the segments into which the metal powders for additive manufacturing market has been segmented. Of them, 3D Printing accounted for more than 70% market share in 2016.

North America to Continue to Dominate Regional Hierarchy of Metal Powders for Additive Manufacturing Market

In terms of region, the metal powders for additive manufacturing market has been classified into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Amongst all, North America held supremacy in 2016 holding more than 35% of the overall market; going ahead too the region is anticipated to lead amongst other key regional segments over the forecast period.

The report profiles leading players in the global metal powders for additive manufacturing market, namely GKN Plc., Rio Tinto, Hitachi Chemical Co. Ltd., ATI Powder Metals, Sandvik AB, Renishaw plc, Praxair Technology Inc.,Arconic Inc., Miba AG, Hoganas AB, Metaldyne Performance Group Inc., BÖHLER Edelstahl GmbH & Co KG, Carpenter Technology Corporation, and Aubert & Duval.

Global Metal Powders for Additive Manufacturing Market: Overview

This report analyzes and forecasts the market for Metal Powders for Additive Manufacturing at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (Kilo Grams) from 2017 to 2025. The study includes drivers and restraints of the global Metal Powders for Additive Manufacturing market. It also covers the impact of these drivers and restraints on demand for Metal Powders for Additive Manufacturing during the forecast period. The report also highlights opportunities in the Metal Powders for Additive Manufacturing market at the global and regional level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Metal Powders for Additive Manufacturing market. Porter’s Five Forces model for the Metal Powders for Additive Manufacturing market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Global Metal Powders for Additive Manufacturing Market: Scope of Study

The report provides the estimated market size of Metal Powders for Additive Manufacturing for 2016 and forecast for the next nine years. The global market size of Metal Powders for Additive Manufacturing has been provided in terms of revenue and volume. Market numbers have been estimated based on key product, application, and regional segments of Metal Powders for Additive Manufacturing market. Market size and forecast for each major product and application have been provided in terms of global and regional/country markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, Metal Additive Manufacturing magazine, Additive Manufacturing Society of India (AMSI), Metal Powder Industries Federation (MPIF), European Powder Metallurgy Association (EPMA), Factiva, etc.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Metal Powders for Additive Manufacturing Market: Market Dynamics

The market for metal powders for additive manufacturing is primarily driven by rising demand from the end-user industries and advancement in technology in additive manufacturing industry. Demand for metal powders for additive manufacturing has been rising primarily due to the increase in demand for metal powders in end-user industries such as aerospace and automotive. Manufacturers of metal powders are striving to partner with original equipment manufacturers in order to improve the quality, consistency, and the overall performance of powders. Furthermore, Rise in demand for iron powder in rail, automotive, infrastructure, energy, machinery, and equipment industries is anticipated to offer substantial growth opportunities to the metal powders for additive manufacturing market. Companies manufacturing various products through the additive manufacturing technology rely extensively on metal powders, since they are used in various applications such as steering, transmission parts, seats and doors, engine components, and brakes. This is anticipated to drive the metal powders for additive manufacturing market during the forecast period.

Global Metal Powders for Additive Manufacturing Market: Market Segmentation

The study provides a decisive view of the global Metal Powders for Additive Manufacturing market by segmenting it in terms of manufacturing technique, application, material type, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for Metal Powders for Additive Manufacturing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual application segments in all the regions.

Global Metal Powders for Additive Manufacturing Market: Competitive Landscape

The study includes profiles of major companies operating in the global Metal Powders for Additive Manufacturing market. Key players in the Metal Powders for Additive Manufacturing market include GKN Plc., Rio Tinto, Hitachi Chemical Co., Ltd., ATI Powder Metals, Sandvik AB, Renishaw plc., Praxair Technology Inc., Arconic Inc., Miba AG, Hoganas AB, Metaldyne Performance Group Inc., BÖHLER Edelstahl GmbH & Co KG, Carpenter Technology Corporation, Aubert & Duval, and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis.

The metal powders for additive manufacturing market has been segmented as follows:

Global Metal Powders for Additive Manufacturing Market: By Manufacturing Technique

  • Powder Bed
    • Direct Metal Laser Sintering (DMLS)
    • Selective Laser Melting (SLM)
    • Electron Beam Melting (EBM).
  • Blown Powder
    • Direct Metal Deposition (DMD)
    • Laser Engineering Net Shapes (LENS)
  • Others

Global Metal Powders for Additive Manufacturing Market: By Material Type

  • Alloy
    • Titanium
    • Cobalt
    • Copper
    • Nickel
    • Aluminum
  • Stainless Steel
    • Austenitic Steel
    • Martensitic Steel
    • Duplex Steel
    • Ferritic Steel
  • Other Steel
    • High Speed Steel
    • Tool Steel
    • Low Alloy Steel
  • Others

Global Metal Powders For Additive Manufacturing Market: By Application

  • 3D Printing
  • Rapid Prototyping
  • Direct Digital Manufacturing (DDM)

Global Metal Powders For Additive Manufacturing Market: By Region/Country/Sub-region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America


 
 
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