The value of the global 3D printing powder market is estimated to be US$213.3 million in 2015 and is projected to grow at a CAGR of 24.4% from 2015 to 2020, according to a new report.

The growing demand for powders in additive manufacturing or 3D printing has led to significant developments in the 3D printing powder market. Powder-based printers are usually complex to manufacture and are accessible to a few large-scale industries, such as aerospace, defense, and automotive, which require increased precision. New developments in metal, plastics, and ceramic-based powders have prompted increased innovations in the powder metallurgy industry. As such, the knowledge about these new innovations is being transmitted by various trade and industrial associations through a number of trade fairs and conferences held across the world.

The new report, entitled 3D Printing Powder Market, By Type (Metal, Plastic, Ceramics), By End User (Aerospace & Defense, Automotive, Medical & Dental) – Global Forecast to 2020 includes an in-depth analysis of industry trends and segments, with various tables and figures.

This story is reprinted from material from MicroMarketMonitor, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.