generated strong demand for 3D printing powder in the past few years . Europe also held substantial share of the global 3D printing powder market in 2014 . However , Asia Pacific is expected to be the fastest-growing market in the next few years . Potential market growth is anticipated in this region during the forecast period . Increasing presence of aerospace and automotive manufacturers in developing countries such as Japan , China , and South Korea boosts the market growth in this region . Latin America and Middle East & Africa are also anticipated to be lucrative markets for 3D printing powder in the next few years .
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Rising demand for lightweight aircraft components with superior functionality is principally driving demand for 3D printing powder . Increasing demand for jet engine components propels significant demand for 3D printing powder . Furthermore , rising demand for medical implants in the elderly population boosts the 3D printing powder market . However , lack of awareness and economic barriers are anticipated to hinder growth in the 3D printing powder market . Enhanced research and innovation programs are being carried out to bring in technological development in the 3D printing powder market . Such initiatives are projected to create emerging opportunities in the market , enabling accessibility of 3D printing powder to small- and medium-scale manufacturers .
Global 3D Printing Powder Market : Companies Mentioned in the Report
Key manufacturers of 3D printing powder include Arcam AB , Arkema S . A ., Carpenter Technology Corporation , Erasteel Kloster AB , Metalysis , Praxair Technology , Inc ., and Sandvik AB .
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