Market Size of 3D Printing Powder Industry
| Study Period | 2019-2029 |
| Market Size (2024) | USD 2.06 Billion |
| Market Size (2029) | USD 4.52 Billion |
| CAGR (2024 - 2029) | > 16.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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3D Printing Powders Market Analysis
The 3D Printing Powder Market size is estimated at USD 2.06 billion in 2024, and is expected to reach USD 4.52 billion by 2029, growing at a CAGR of greater than 16.5% during the forecast period (2024-2029).
The COVID-19 pandemic had a mixed impact on the 3D printing powder market, presenting challenges but also creating opportunities for innovation and growth. The pandemic accelerated the acceptance of 3D printing in various industries, such as healthcare, and the long-term impact is expected to be positive. It is because companies invest in 3D printing technologies and materials to enhance their operations and resilience.
- The pandemic spurred demand for 3D printing powders used in medical applications. It is a major driving factor for this market, such as creating prototypes of medical devices and manufacturing personal protective equipment (PPE).
- Despite the transformative potential of 3D printing, the widespread adoption of this technology is hindered by the high material and post-processing cost of 3D printing powder.
- The ability to print with multiple materials in a single process is gaining traction, allowing the creation of products with more complex structures and functionalities. It will provide an opportunity for 3D printing powders that are compatible with multi-material printing processes.
- The Asia-Pacific region dominated the market for 3D printing powder, with China, India, and Japan being the major contributors to the market demand.
