Most of the technological developments in the 3D printing powder market has been confined to North America & Europe. However, the expiry of key patents for powder-based technology will spur demand from other regions. One of the emerging segments in consumer discretionary, which is likely to benefit from these developments, is the personal accessories segment. Companies engaged in watches and jewellery manufacturing will be using powder based 3D printing to service the customized demand from consumers.
The cheaper availability of metal and non-metal powders will drive the demand for these specialized powders. Manufacturers are using gold and silver powders to design ornaments using 3D printing technology. Similarly, lot of initiatives has been taken at the international level through trade fairs, conferences, and workshops to integrate the study of powder metallurgy for specialized 3D printing jobs. European Powder Metallurgy Association, Japan Powder Metallurgy Association, and Metal Powders Industry Federation are organizing different conferences for the transmission of knowledge across the end user industries. These conferences and forums act as suitable platforms to generate awareness about different grades of atomized powders available in the market, and encourages participation from various stakeholders in the industry.
3D printing or additive manufacturing is expected to replace the traditional methods of manufacturing in many industries. Once the powder-based technology is made accessible to almost all the industries, the demand for 3D printing powders is likely to go up.
Most of the powder manufacturers are located in the European region, with their sales presence in the North American and Asia-pacific regions. The 3D printing powder market in the Asia-Pacific region is estimated to be led by China, Japan, and South Korea in 2015 and the market is expected to witness the fastest growth in the coming years as well, owing to strong base of manufacturing industries in these countries. Apart from China and Japan, developments in other countries, such as Israel and Middle East countries, are also expected to see healthy growth.
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